The biggest promise of quantum computing isn’t in classical problems. It’s in simulating quantum systems—molecules, materials, and quantum physics itself. That’s where quantum truly shines.
Most people are overcomplicating the idea that Bitcoin’s traditional four-year cycle can extend. It’s simple. If the business cycle extends, the crypto cycle extends. Bitcoin is a macro asset…
Friends, the 3rd Edition of Statistical Consequences of Fat Tails is up: adds 3 chapters and an appendix on Max Entropy distributions (includes Tsallis Entropy). One chapter discusses the forecasting masquerades of @PTetlock & others.
arxiv.org/abs/2001.10488
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Today's quantum algorithms are mainly designed to tackle problems in quantum systems themselves—solving Hamiltonians, calculating states, phases, and so on. The exception is two mathematical algorithms with applications in cryptography: Grover’s algorithm (a quantum brute-force…
Ajustado pela instalação, os mais de 1 trilhão de dólares em margem já é o maior valor da história. Esse deleveraging quando vier não será fácil de digerir.
@hughesanalytics LLMs have reached scaling wall and the breakthroughs needed for AGI are now kept classified due to obvious reasons. LLM hallucinations will continue until investors start pulling money out. Some good products will remain as after the dot-com. There are some similarities.
The Fed preparing to cut rates while commodities are up 15% YoY is the clearest example of financial repression.
Inflation is re-accelerating, yet policy is turning looser.
As Dalio once said, “cash is trash” — never felt truer than today.
Aposto que está mais ligado as políticas do Fed de QE, controle de juros e incentivos fiscais. QT está bem lento e mais como que deixando títulos vencerem ao invés de venderem os ativos.
Aposto que está mais ligado as políticas do Fed de QE, controle de juros e incentivos fiscais. QT está bem lento e mais como que deixando títulos vencerem ao invés de venderem os ativos.
In Bitcoin’s history, very few Septembers have been good months.
If you had invested $100 at the start of every September over the years, you would have ended the month with a profit only in 2012, 2015, 2016, 2023, and 2024.
All the other 10 years would have closed with some…
I agree with your points, but I’m not sure it’s going to collapse yet. Have you ever seen inflation in Latin America? It shows how far things can go before a collapse.
I agree with your points, but I’m not sure it’s going to collapse yet. Have you ever seen inflation in Latin America? It shows how far things can go before a collapse.
Quantum computers don’t make proof-of-work obsolete. They just offer a slightly more efficient way to guess—nothing revolutionary. Brute-force is still brute-force, even when done with qubits.
Even if we had a quantum computer as fast as today’s best classical mining rigs, breaking Bitcoin’s proof-of-work using Grover’s algorithm would still take more than 300 billion years. Yes, with a B.
Grover’s algorithm gives quantum computers a speedup for brute-force searches. But it's only a quadratic speedup. If a classical computer needs 1 million tries, Grover can do it in about 1,000. Faster, but still far from instant.
Two potential paths for Bitcoin nobody I know of has presented. Both rooted in long-term compounding math, together I estimate with greater than 80% probability of playing out.
Both paths ultimately respect the same long-term log regression the difference is whether this cycle…
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