🌌 ͜ʖ🌌

Thomas Jefferson was so deeply in debt after years of using leverage against his land to fund a lavish lifestyle that he resorted to auctioning off Monticello by selling ~11,000 tickets for $10 each (~$2-3MM today), turning his entire estate into a lottery He died before things played out and Monticello was sold to pay creditors Those identifying with the permanent underclass saw this as a shot at escaping. The idea of "hypergambling into elite status" dates back to the inception of the United States and continues to show up in markets and culture, manifesting itself into what we see as the hyperfinancialization of quite literally everything It’s one of the primary reasons I remain optimistic on crypto and speculation in general (beyond adoption of crypto rails) It’s the most efficient large scale lottery/casino we’ve seen in decades, and I don’t see that changing anytime soon

a permissionless goods lottery needs escrow, where the winning ticket can call a redraw after grace period. the reputation can be derived, rather than incentivizing frivolous complaints. lots of options, like transferrability or delegation to chain of custody.

Introducing Claude Design by Anthropic Labs: make prototypes, slides, and one-pagers by talking to Claude. Powered by Claude Opus 4.7, our most capable vision model. Available in research preview on the Pro, Max, Team, and Enterprise plans, rolling out throughout the day.

It’s clear that AI will wind up funding universal income. Let’s make that happen ASAP.