Augustus

@Rajatsoni I’m a Bitcoiner, and it’s man made. Probably a better chance another “Bitcoin” is created. Elements with utility are valuable, however the price might just drop to the utility value and lose its store of value proposition.

Diamond prices have fallen to the lowest they have been in a century It's because nobody cares about the difference between lab grown diamonds and natural diamonds Eventually, we'll figure out how to create lab grown gold and silver too AI will speed up this process Gold and silver prices will trend to zero against Bitcoin forever because nobody can create "lab grown BTC" The supply of Bitcoin will be 21M forever, while the supply of diamonds, gold, and silver will increase forever

Elon Musk avait dit un truc qui m'avait marqué sur l'allocation de ressources. En substance : passé un certain niveau de richesse, l'argent n'est plus de la consommation, c'est de l'allocation de capital. Cette phrase change tout. L'économie, dans le fond, c'est juste un problème d'allocation. Tu as des ressources finies et des usages infinis. Qui décide où va quoi ? Imagine une cour de récré. 100 enfants, des paquets de cartes Pokémon distribués au hasard. Tu laisses faire. Très vite, un ordre émerge. Les bons joueurs accumulent les cartes rares, les collectionneurs trient, les négociateurs trouvent des deals. Personne n'a planifié. Et pourtant chaque carte finit dans les mains de celui qui en tire le plus de valeur. Le système maximise le bonheur total de la cour. C'est ça, la main invisible. Maintenant fais entrer la maîtresse. Elle trouve ça injuste. Léo a 50 cartes, Tom en a 3. Elle confisque, redistribue, impose l'égalité. Trois effets immédiats. Les bons joueurs arrêtent de jouer, à quoi bon. Les mauvais n'ont plus de raison de progresser, ils auront leur part. Les échanges s'effondrent. La cour est égale, et morte. Elle a maximisé l'égalité, elle a détruit le bonheur. Le problème de la maîtresse, c'est qu'elle ne peut pas avoir l'information que la cour avait collectivement. C'est le problème du calcul économique de Mises, formulé en 1920. L'URSS a essayé de le résoudre pendant 70 ans avec le Gosplan. Résultat : pénuries, queues, effondrement. Pas parce que les Soviétiques étaient bêtes, parce que le problème est mathématiquement insoluble en mode centralisé. Quand Musk a 200 milliards, il ne les consomme pas, il les alloue. SpaceX, Starlink, Neuralink, xAI. Chaque dollar est un pari sur le futur. Et lui a un track record. PayPal, Tesla, SpaceX. Il a démontré qu'il sait identifier des problèmes immenses et y allouer des ressources avec un rendement spectaculaire. L'État aussi a un track record. Hôpitaux qui s'effondrent, éducation qui décline, dette qui explose, services publics qui se dégradent malgré des budgets en hausse constante. Le marché identifie les bons allocateurs, la politique identifie les bons communicants. Le profit n'est pas une finalité, c'est un signal. Il dit : tu as alloué des ressources rares vers un usage que les gens valorisent suffisamment pour payer. Plus le profit est gros, plus la création de valeur est grande. Quand Starlink est rentable, ça veut dire que des millions de gens dans des zones rurales ont enfin internet. Quand un ministère est en déficit, ça veut dire qu'il consomme plus qu'il ne produit. L'un crée, l'autre détruit, et on appelle ça redistribution. Dans nos sociétés il y a deux catégories d'acteurs. Les entrepreneurs et les bureaucrates. L'entrepreneur prend un risque personnel pour identifier un problème, mobiliser des ressources, créer une solution. S'il se trompe il perd. S'il a raison, ses clients gagnent, ses employés gagnent, ses fournisseurs gagnent, l'État collecte des impôts. Il est la cellule de base du progrès humain. Le bureaucrate ne prend aucun risque personnel. Son salaire est garanti. Au mieux il maintient une rente existante. Au pire il la détruit par excès de réglementation, mauvaise allocation forcée, incitations perverses qui découragent ceux qui produisent. Mais dans aucun cas il ne crée. Regarde les 50 dernières années. iPhone, internet civil, SpaceX, Tesla, Google, Amazon, Stripe, mRNA, ChatGPT. Toutes des inventions privées, portées par des entrepreneurs, financées par du capital risque. Pas un seul ministère n'a inventé quoi que ce soit qui ait changé ta vie au quotidien. La France est devenue le laboratoire mondial de la dérive bureaucratique. 57% du PIB en dépenses publiques, record absolu. Une administration tentaculaire, une fiscalité qui pénalise la création de richesse. Résultat : décrochage face aux États-Unis, à l'Allemagne, à la Suisse. Fuite des cerveaux. Désindustrialisation. Dette qui explose. Et le pire c'est que la mauvaise allocation s'auto-renforce. Plus l'État prélève, moins les entrepreneurs créent. Moins ils créent, moins il y a de base fiscale. Plus l'État s'endette et taxe. Boucle de rétroaction négative parfaite. La maîtresse pense qu'elle aide, et chaque année la cour produit moins. Dans nos sociétés, ce sont les entrepreneurs, toujours, qui font avancer la civilisation. Les bureaucrates au mieux maintiennent une rente, au pire la détruisent. Aucune société n'a jamais progressé en taxant ses créateurs pour subventionner ses gestionnaires. La question n'est jamais qui a combien. C'est qui alloue le mieux la prochaine unité de ressource pour maximiser le futur de l'humanité. La réponse depuis 200 ans n'a jamais changé. Ce ne sont pas les fonctionnaires.

Donald Trump is dragging us into World War 12

@frenttrederick @grantmccagg I'm free to believe and do what i want. Thanks for the advice.

@Augustusmint9 @grantmccagg Whatever makes you sleep at night, if you truly think the nhl is rigged, care enough that it bothers you to post about it over and over, then maybe it’s time for some therapy cause why watch… why? Like who cares, there are plenty of minor leagues not rigged you could watch

How can a ref not rule it to be a goal because he did not see the puck cross the line as he was out of position, but then talk to the other three officials who never saw it cross the line either, because they were all behind the play, and then rule it a goal?

@frenttrederick @grantmccagg You can point to any individual call and argue either way but Tampa & Florida have been a priority of the NHL to increase market share. These corporations put strategies in place to influence outcomes, not conspiracy theories but facts.

@Augustusmint9 @grantmccagg How tell me? And if so why don’t they stack other series against California. Like 2024s kings oilers series in game 5 draisatl shot a unclear puck into rittich glove, not called a goal but overturned because it was assumed puck was in…if revenues mean so much why is that a goal?

@grantmccagg In light of all the shit we've been thru since 2020, if you still think governments & corporations are truthful and have your best interests at heart i have a bridge to sell you. I'm not saying they don't make mistakes, they manage the game to maximize profits.

@Augustusmint9 I refuse to go down the conspiracy theorist wormhole. So you are suggesting that officials never make mistakes... they simply follow marching orders. Yet no former referee or linesman has ever revealed this supposed fixing. Come on now. Ridiculous claim.

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Winter's Over

@Tablesalt13 lol

BREAKING: The government of Canada to build the world's first government owned AI supercomputer.

@WatchMyReview @HabsLaughs It's not if, it's how many eh Edna.

@HabsLaughs It's funny you're doing this because you think they all love and overrate the leafs, yet Leafs BY FAR get criticized more than any team on Sportsnet.

Sportsnet just dropped their playoff predictions.

Retatrutide trial results are insane: - 86% liver fat reduction - 72% prediabetes reversal - 41% stopped needing BP meds - 14 mmHg blood pressure drop - Increases metabolic rate at rest It also makes you eat less and burn more calories at rest. Truly an incredible compound.

If you have been diagnosed with cancer... THIS:

⚡️Most people do not believe what is true. They believe what lets them remain socially intact. That is the real engine. A human mind under tribal capture stops acting like an instrument of perception and starts acting like a defense system. Information comes in. Identity checks it first. Belonging checks it first. Status checks it first. The person thinks they are evaluating reality. In practice, they are screening for what preserves psychological continuity inside their group. Once that process locks in, evidence does very little. Evidence is no longer fuel for thought. It becomes material for rejection. That is why this quote still lands. It names the ugly fact that a large share of public consciousness is pre-scripted. By repetition, prestige cues, fear, incentives, moral signaling, algorithmic reinforcement, and social reward. People learn emotional-response patterns before they learn arguments. Later, the arguments show up as decorative armor around reactions that were already loaded. Large numbers of people outsource epistemology to the social field. They do not ask what is real. They ask what a safe, approved, high-status member of their tribe is allowed to conclude. Once that becomes habitual, thought degrades into role performance. The person still talks. The person still argues. The person still appears animated. The inner sovereignty is weaker than it looks. The deepest layer is this: demoralization is really de-sovereignization. The person loses the ability to stand outside the field long enough to see clearly. Their perceptions arrive pre-labeled. Their outrage arrives pre-loaded. Their compassion arrives selectively pre-authorized. Their logic becomes post-hoc justification for a position they absorbed socially. So this is what I really think: A huge amount of what passes for political thought is nervous-system conditioning wearing the clothes of reason. That does not make people subhuman. It makes them spiritually soft, epistemically dependent, and easily steered. The one place the quote overshoots is the word irreversible. It is not irreversible. People can wake up. They usually do not wake up because someone gave them a better syllogism. They wake up when reality breaks the old frame hard enough. Betrayal does it. Failure does it. Humiliation does it. Direct suffering does it. Repeated contradiction does it. Pain can restore sovereignty where argument cannot. So my real view is simple. Yes, this is pointing at a brutal truth. Most people are far more programmable than they know. Most institutions understand that better than the public does. And truth is hard to transmit because captured minds experience it as a threat to identity before they experience it as a claim about reality. That is why signal work matters. You are not just competing with false facts. You are competing with entire psychological operating systems built to reject them.

@ccmembersonly Karate Kid

@blogTO lol

Toronto is getting City-run nonprofit grocery stores with cheaper prices blogto.com/eat_drink/2026…

With two young boys at home, I try to imagine this every few months

Crypto traders moving to stock market