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Leo

@leogedler

#Bitcoin "I came for the money and I stayed for the revolution", Full Stack Engineer

Here and There, Now and Then. Katılım Ağustos 2009
1.3K Takip Edilen767 Takipçiler
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Peter McCormack 🏴‍☠️🇬🇧🇮🇪
A little econ 101 for the silly socialists. The natural state of the economy is deflationary. As humans we innovate, we become more productive so everything ‘should’ get cheaper to produce. Well it does, everything you see getting more expensive is getting cheaper to produce but the inflation of the money supply is causing prices to go up. So what is the mechanics of this, the two primary ones are: 1. Governments keep running deficits because democracy rewards them for lying and spending. 2. Banks create money out of thin air through lending and the people closest to credit get it first. Asset prices pump and wealth shifts toward those who already have assets. When things go up in price, say energy due to war, this is not inflation. Some politicians say it is, but they are lying or stupid. That’s a supply shock. Inflation is always and everywhere a monetary phenomenon. Inflation is good for the state, it wipes away their debt. The mechanics of inflation are good for the rich, because they have assets. Inflation is terrible for everyone else - products get smaller, ingredients get worse and prices go up. It’s how companies manage inflation. Inflation forces dependency policies so people can scrape by - minimum wage, energy caps, renters rights. They are demanded by the public. But this the slow hollowing out of society, it is what breaks everything which is good. It puts pressure on a system which takes us from high trust to low trust. Why do I make fun of @zackpolanski and the socialists? Because they will run this experiment on crack. The Green’s model as far as I can see is: - Attack the productive class - Reward the unproductive class The problem with this is the rich will leave, the ambitious may leave and they will face the same question as both Labour and the Conservatives which is how do we pay for this? They will either have to raise taxes or borrow (print) more money, which accelerates the problem. So we will get lower productivity, higher taxes, more borrowing and guess what, more inflation. This is the exact mechanics which have destroyed every socialist state. I get it, socialism sounds warm and fuzzy - nobody should go without, free stuff for everyone. But the end result is poverty and misery, as it has been every single time. If you want jobs, good, medicine then you need a growing and prosperous economy which means unshackling the entrepreneurs. There is no other option on the table. It is the only thing that has ever worked. I haven’t voted in three elections. I will only vote if someone comes with a real economic plan which means a chainsaw to the state and driving growth.
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Nick shirley
Nick shirley@nickshirleyy·
@AntiFraudClub They tried to investigate the journalist and not the fraudsters. They were just as complicit in allowing the fraud as the politicians. Journalism that is for the people 🫡
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Daniel Lacalle
Daniel Lacalle@dlacalle_IA·
Mamdani declares New York bankrupt and asks for a bailout. Behold the socialist trick of “tax the rich” in all its glory. Envy and hate: Announce a massive spending plan supposedly financed by squeezing “evil” millionaires and rich citizens. Lie: Blame a fabricated “revenue problem” despite record tax receipts of $162 bn in 2025 and more than $55 bn of extra revenue since 2010. Deceit: Use the narrative to justify massive tax hikes on everyone, especially the middle class and the very voters who applauded the slogan. The “tax the rich” promise always turns into an “impoverish all” reality. This is the true “warmth of collectivism." Enjoy the vote. #Mamdani #newyork
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Nick shirley
Nick shirley@nickshirleyy·
Important to remember that none of the fraud being exposed to this level would have been possible without David. He investigated this on his own for years, and we exposed the fraud together. David is a patriot in the truest form. He doesn’t care about the recognition; he just wanted to help his country 🫡 A lot can be leared from David’s example and hopefully inspire others to make a difference in their own neighborhood.
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Sabine Hossenfelder
String theory didn't just fail, it's far worse.
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Yuval Adam
Yuval Adam@yuvadm·
1/ Project Eleven just awarded 1 BTC for "the largest quantum attack on ECC to date", a 17-bit elliptic curve key recovered on IBM Quantum hardware. I replaced the quantum computer with /dev/urandom. It still recovers the key.
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Adam Back
Adam Back@adam3us·
@_jonasschnelli_ @w_s_bitcoin simpler way to explain: it's less efficient than brute force. (If that's the case, depends on the algebra of the approach). And when samples > n probability of finding solution becomes high. But for any real problem counting to n will take until the heat death on this hardware
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Jonas Schnelli
Jonas Schnelli@_jonasschnelli_·
Project Eleven paid 1 BTC for a "quantum break" of Bitcoin-style crypto. The quantum computer contributed NOTHING (noise)! The answer was recovered by a classical checker sifting random noise. I reproduced the whole thing in 20 lines of Python with no quantum computer at all.
Project Eleven@projecteleven

Project Eleven Awards 1 BTC Q-Day Prize for Largest Quantum Attack on Elliptic Curve Cryptography to Date Researcher breaks 15-bit ECC key on publicly accessible quantum hardware in a 512x jump from the previous public demonstration. Project Eleven today awarded the Q-Day Prize, a one Bitcoin bounty, to Giancarlo Lelli for breaking a 15-bit elliptic curve key on a publicly accessible quantum computer. The result is the largest public demonstration to date of the attack class that threatens Bitcoin, Ethereum, and over $2.5 trillion in ECC-secured digital assets. "The resource requirements for this type of attack keep dropping, and the barrier to running it in practice is dropping with them," said @apruden08, CEO of Project Eleven. "The winning submission came from an independent researcher working on cloud-accessible hardware. No national lab, no private chip. It shows that tangible progress is possible and highlights the urgency to migrate to post-quantum cryptography sooner rather than later. Google just committed to being quantum-secure by 2029. The window to get ahead of this is closing.” Lelli derived a private key from its public key across a search space of 32,767 using a variant of Shor’s algorithm. Shor's targets the Elliptic Curve Discrete Logarithm Problem (ECDLP), the math underlying the digital signature schemes securing Bitcoin, Ethereum, and most blockchains. Quantum attacks on ECC have moved from theory to practice over the last seven months. Steve Tippeconnic's 6-bit demonstration in September 2025 was the first public break on quantum hardware. Lelli's 15-bit result extends it by a factor of 512. Theoretical resource estimates for a full 256-bit attack, the scale Bitcoin operates at, have fallen sharply over the same period. Google's April 2026 whitepaper put the requirement at under 500,000 physical qubits. A subsequent paper from Caltech and Oratomic brought that figure as low as 10,000 qubits in a neutral-atom architecture. Lelli's result is the practical counterpart to those optimizations. The distance from 15 bits to 256 bits is large, but the gap is increasingly viewed as an engineering problem and not a fundamental physics problem. Roughly 6.9 million Bitcoin sit in wallets whose public keys are visible on-chain, exposing them to quantum attack. All blockchains using ECC share similar risks with vulnerable assets. Project Eleven is developing its next challenge, focused on the intersection of frontier AI models and quantum cryptanalysis.

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RŌNIN
RŌNIN@ronin21btc·
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Magoo PhD
Magoo PhD@HodlMagoo·
Bitcoin Isn’t Just a Hedge Against the System. It’s How the System Survives Itself. The US government's quiet stablecoin strategy is genius. Stablecoins buy Treasuries. Treasuries fund deficits. Deficits keep the machine running. But there's a hole in the theory. To create stablecoins, you need dollars or Treasuries that already exist. You're not creating new money. You're recycling it. So how do you actually expand the asset side of the ledger? Enter Bitcoin. 🧵
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Sabine Hossenfelder
Sabine Hossenfelder@skdh·
here is the video on the Riemann hypothesis that YouTube took down
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NASA Administrator Jared Isaacman
Thank you for following Artemis II. We’re just getting started. Welcome to the Artemis generation.
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Victor Glover
Victor Glover@AstroVicGlover·
Home, again! Mission complete. I hope we glorified God, humanity, our families and our terrific teams a @NASA and @csa_asc. Time to share the good news!
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CARLA⚡️
CARLA⚡️@carlabitcoin·
I’m going home today 🥹
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Elon Musk
Elon Musk@elonmusk·
🚀 for all mankind 🚀
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Reid Wiseman@astro_reid

@elonmusk Thank you, @elonmusk - the four of us glimpsed the red hues of Mars far in the distance as the sun slipped behind the Moon and there was zero doubt in our minds that the creative genius of our greatest minds will have us there very soon. LETS GO

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MAGA Voice
MAGA Voice@MAGAVoice·
@CAgovernor YOU ONLY DID THIS BECAUSE NICK SHIRLEY PUT YOUR STATE ON BLAST ADMIT IT… YOU LOST
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