incorruptible trix

Decentralized Currency Saves Fiat If the USD is worth more than the EUR, everything in Europe is cheaper for USD holders. How easy is it to sell a value prop of "the world is cheaper?" Fundamentally the fiat battlefield is governments inflating as much as they can without destroying their own economy.....mission impossible clearly. A reserve currency (i.e. fiat with a global monetary premium) simply prolongs the core ponzi failure case: the further you get from the fundamental value of the underlying, the harder the fall is when the market reprices it. And guess who's left holding the bag? Its citizens. We lose purchasing power every day until the currency collapses. You only "win" if you have access to investments & the excess cash to buy them. How does decentralized money change this? An exit. Decentralized currencies give citizens an exit from bad monetary policy, from sharp repricing, from monetary chaos....if the currency is bigger than the fiat at fault. So, the reserve currency must be decentralized; but is it really saving fiat if it only protects the people? Well lucky for us the benefits extend to the fiat system bc like it or not, fiat isn't all bad. Not being able to earn the monetary premium from reserve currency status means fiat currencies are forced into more realistic valuations (i.e. less capacity to safely inflate). Small room for error will then force the governments to actually use inflation efficiently instead of purely for greed. Better fiat = better economies. To wrap it up, (safe cex), decentralized reserve currencies: - create an exit for world citizens - create checks & balances for fiat - makes the world economy more efficient Hard to beat that.

World, Sam Altman's digital identity project, just unveiled World ID 4.0, what the company calls "full-stack proof of human" infrastructure. The partner list: Tinder, Zoom, DocuSign, Shopify, Okta, AWS, and Vercel. Altman opened by saying we're heading to a world where AI generates more content than humans. Pantera Capital says we've already crossed that threshold. World's answer is an iris-scanning device called the Orb that creates a unique cryptographic ID proving you're a real person. 18 million people across 160 countries have already verified. Tinder is rolling out "verified human" badges in the U.S. after a Japan pilot. Zoom built a feature called "Deep Face" that verifies the person on a video call isn't a deepfake. DocuSign is adding proof-of-human checks to digital signatures. Shopify is enabling verified-human commerce. The most significant announcement is AgentKit, infrastructure that lets AI agents carry cryptographic proof they're acting on behalf of a verified human. Okta built an agent delegation system on top of it. The problem World is solving is real. The question is whether a centralized iris-scanning identity layer controlled by the same person whose company helped create the problem is the right answer. Altman is the CEO of OpenAI. He built the flood. Now he's selling the ark.

Decisions are harder than tasks.

Introducing Flywheel CLI.

BREAKING: DOJ announces it has arrested a US Special Forces soldier who took part in the raid that captured Venezuelan dictator Nicolas Maduro after the soldier allegedly pocketed $400,000 by betting more than $30,000 on Maduro’s removal on Polymarket. Name: GANNON KEN VAN DYKE

"If you struggle with procrastination, read this" = thread =

this is the heart of philosophy, all else is commentary 🧐