Azazello

@unit_accord @DickLeaky2 @TXMCtrades oh and yes backatcha, I view ppl bashing Elon as either extremely brainwashed or low intelligence. Nothing wrong with either just not my company.

@Dmitry_210 @DickLeaky2 @TXMCtrades Notice that you already have to change what he said in order to try to make sense of it and still failing. That’s a strong sign that he’s full of shit. And you are a standard issue apologist, in denial of your role model acting like a pedestrian grifter to juice up his IPO.

"Everyone can have a penthouse if they want" ...

@unit_accord @DickLeaky2 @TXMCtrades Either that or you're nitpicking. The point is robots will build you a Taj Mahal with your UBI money if you wanted.

@DickLeaky2 @TXMCtrades In this case it's probably just referring to "extreme luxury" aspect. Maybe your robots will live on the lower floor, and that's also where they'll do laundry and park your hovercraft.

@Dmitry_210 @TXMCtrades If everyone lived in a penthouse then either the rest of the hotel/building is empty, or that person lives in the entire building. It’s abjectly retarded

@TXMCtrades Have you seen a tractor?

@Dmitry_210 The burden of proof is on him to convincingly explain how real constraints on resources magically disappear and how costs of all things trend to zero.

Two points here: one, the level of consumerism in the West is unhealthy and would not proliferate in a hard money environment. "Growth is good" when growth is in some plastic trinkets or junk food or branded status signalling crap doesn't hold. Second, we lived on a gold standard (sure, still slight inflation but nothing like we got now) and it was some of the most productive periods in history. One can argue that male drive for status is the base driver of progress and the specifics of how money work is just a way to channel it, and hoarding a non-productive asset will not win you anything when a competitive risk/return is available.

This essay seems to rest on the assumption that “long-term price deflation is not an exogenous malady… it is an endogenous process of human progress.” But they never prove that fixed money supply creates only productivity-driven deflation rather than structural. They argue: “With more hoarding, perhaps we would build fewer automobiles, but more machines that build automobiles.” But this ignores the questions of: Where does the investment to build those machines come from when hoarding is structurally withdrawing capital from circulation rather than deploying it? With fixed money every choice to save functionally removes capital for investment in a zero sum dynamic. If returns on an investment are uncertain to clear the hurdle rate of holding money, rational actors will tend to keep holding. This is observed empirically. How do businesses survive margin compression that acts regardless of whether they are becoming more efficient as producers? What happens to employment, to wages? Competition utilizes investment but this best functions when capital is available, demand is not being suppressed, and nominal revenues aren't falling for everyone regardless of their productivity. It says: “Non-zero consumption creates the price signals that direct capital allocation, not merely at the level of consumer goods, but at every level of capital goods that underlies productivity and wealth creation.” This actually supports my view rather than the author's. You need consumption for effective price discovery, but structural deflation suppresses that very force . It frames negative deflation as only really possible from a credit unwind, not effectively defining the structural forces that exist in an economy trying to expand in a world with fixed or even net deflationary supply of money. This is very well written but it seems to me to contain similar logical errors to those in others' work- presuming limited money sees productivity gains as a natural emission, which is not correct based on my own study of this topic.

Good piece on the topic of structural deflation:

@SantiagoAuFund @SolveExistence @TheMichaelEvery To be even more specific, if a Chinese vessel is seized or otherwise blocked by the US Navy, what happens next? They have already issued a statement declaring they won't tolerate this.

@SolveExistence @TheMichaelEvery I will answer I just think you are being purposefully confused when you in actuality...are not. Short answer, if Iran can use closing strait to achieve its objectives the US can use closing strait to achieve its objectives. Cannot claim it will work for one but not the other.

Is this to pressure NATO —and China— to pressure Iran to reopen Hormuz: **massive** escalation to deescalate? Regardless, it seems nothing will now flow through the Strait from Iran for anyone until everything does for everyone.

It actually is logical. For example, instead of storing an item you're currently not using but might use in the future, you get rid of it because you can easily afford it in case you do indeed end up needing it later. Status signalling becomes irrelevant, but how does one resist taking on more wives?

When your working life rewards you, it’s easy to ratchet up the complexity: homes, cars, travel, possessions etc. I have found that all that complexity comes at the sake of your most fleeting asset: your time. Instead of building things, all of a sudden you’re dealing with minutiae and logistics. Instead of talking mostly to engineers, you’re talking mostly to non-engineers. The building stops…the business of managing self inflicted complexity begins. It’s worth noting that the best players in the game (Buffett, Elon) have kept their life extremely basic, almost monastic/nomadic, as success ratcheted them ever higher. I think it’s the biggest secret hiding in plain sight: When the world upgrades your status, downgrade your complexity.

@Or_Marin5 @Zedzies @willywoo @PeterSchiff @TimDraper What's there to learn? If you acquired BTC via KYC means, IRS will know about that and wealth tax time they will come ask for their share or a paper trail of where's the money. Only way to avoid this is to pay exit tax now and renounce US citizenship if you have one.

@Zedzies @willywoo @PeterSchiff @TimDraper Wow. Sit and learn buddy you are bitcoin clueless

In a recent interview, @TimDraper said he prefers Bitcoin over gold because gold doesn't work as a medium of exchange because you can't shave some gold off your bar and order a cappuccino. Somehow Draper, a knowledgeable crypto investor, doesn't realize you can tokenize gold.

@willywoo @PeterSchiff @TimDraper Dollar used to be tokenized gold ya know

@PeterSchiff @TimDraper Fundamental to your argument is Executive Order 6102, 1933 All your “tokenised” gold is now seized. You above all people should understand this.

@LibertyCappy They did put his head on a stick even back then...

Look how the Left used to talk about Elon just a few years ago

@AutismCapital Anything by Chris Cunningham is up there. I remember first seeing his work when he had a showing in Dan Francisco in, err, 2000 or 2001. DVD release maybe?

Remember when music videos used to be iconic and/or nightmare inducing?

@GovBobFerguson Is that so you can't say "illegal non-citizen"? What's the actual reason to waste taxpayer money on this BS?

I just signed a bill to replace the term "alien" with "noncitizen" in our statutes. Words have meaning. We got rid of an outdated — putting it generously — word and replaced it with one with an objective meaning. Thanks to sponsor Rep. Thai.

@PeterDiamandis Must be you got some vested interest, otherwise you wouldn't be spewing such garbage takes. Either your integrity or your grasp of reality is compromised.

Everyone's arguing over who wins the autonomous vehicle race. Tesla? Waymo? Google? Wrong question. Uber is building the Marriott model for robotaxis. Their vision is financial giants & people own their fleets. Uber provides the operating platform. $1 trillion upside.

Likely it's just a file size thing, I made a better extraction mechanism for smaller files and now grok has content access. So the file handler is rejecting read attempts and Grok doesn't surface it to the user correctly. Needs to state the read isn't working due to size and maybe state what the limits are. Definitely not hallucinate the content which is what it is doing now and it's just embarrassing.

I just encountered this using 4.20 heavy. It hallucinated the entire task that was supposed to work off of a handful of emails, told me that it read the emails and came up with all sorts of believable summaries. Then it turned out it hallucinated the entire thing and only had access to file names in the project. Very frustrating.

xAI needs to Fix the issue where Grok 4.20 model cannot Read the Files when uploaded to Projects

@tylervstorm @techdevnotes Not only that but all the chats in the project are now stuck in the Heavy mode so I am both unable to see if other modes would regain file access and generally unable to work because I hit rate limit :/

@ahtavarasm_us @AutismCapital If they can size YOU, everything else follows regardless of what asset they want you to share with the less fortunate.

@AutismCapital they can seize your bitcoin too. history of transactions can be used to sensor addresses

🚨AOC: "I don't think that we have to wait for any one president to impose a wealth tax. I think it needs to be done expeditiously." REPORTER: "The US is uniquely placed to do it because people can't flee." This is DEMONIC! They're EXCITED to steal

What specific trickery are you talking? Mining your own non KYC coins? Because unless you're willing to renounce citizenship before AOC gets what she wants, or do the Snowden thing and bail to Russia (if they let you in that is), IRS can come get you just the same if you hold stocks or KYC BTC.

Unironically, Bitcoin fixes this. It can be defended. Everything that is not physical can and will be seized under the most extreme of conditions. This is what Bitcoin was made for. This is the singular most important use case of that project.

@HermesLux What's the mechanism for BTC backed loans increasing BTC demand?

MSTR Phase 3 creates an Infinite Bid for Bitcoin Recap— P1→ MSTR buys BTC with cash for it's balance sheet. P2→ MSTR refines raw BTC digital capital into company-issued digital credit product offerings (convertible bonds & preferred stocks) P3→ MSTR partners with banks & others to offer customer specific corporate and consumer Bitcoin-backed credit and other financial products. The partnerships with banks allow Strategy to scale without originating loans itself. Major U.S. banks like JPMorgan, Citi, Bank of America, Wells Fargo, and Charles Schwab have approached Strategy to custody Bitcoin and extend credit against it or Bitcoin derivatives. This enables banks to offer Bitcoin-backed credit lines at rates around 5%, with haircuts (e.g., 50% on collateral value) to manage risk. Strategy's Bitcoin stack could unlock up to half its BTC value in credit without selling any BTC, avoiding capital gains taxes and creating an "infinite bid" for Bitcoin. Strategy is the gateway for institutional Bitcoin integration, potentially leading to widespread consumer access to BTC-backed finance.