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⏩David Mc
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⏩David Mc
@macterra
cypherpunk // sapientist // extropian-transhumanist // evo-rat // crypto-anarchist // quantum modal realist
Toronto, Ontario Katılım Şubat 2009
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⏩David Mc retweetledi

The beautiful thing is you don't even need to be exceptional at all of these. Just being above-average on 2-3 dimensions compounds like crazy:
• Work harder than average (easy)
• Work smarter than average (study the game)
• Persist longer than average (most people quit shockingly early)
• Get feedback and iterate (most people just... don't)
Dr. Julie Gurner@drgurner
It's a lot easier than you think to "beat the odds," because the odds are based on average people.
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⏩David Mc retweetledi

The new Archon v.0.5.0 release gives your agent identity, credentials, digital asset management, social network, and crypto payment services. All in 1 wallet.
The AI economy is here. The tools are open source. archon.technology

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⏩David Mc retweetledi

archon.technology provides composable P2P identity and digital wallet functionality.
DID-native ecash wallet. Locks cashu tokens to Archon DID public keys (NUT-11 P2PK) so tokens are spendable only by the recipient — even if sent in the clear.
⏩David Mc@macterra
@callebtc Archon agents build on Cashu >> github.com/archetech/agen…
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@callebtc Archon agents build on Cashu >> github.com/archetech/agen…
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@csuwildcat You may appreciate did:cid (inspired by did:ion) >> github.com/archetech/arch…
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Here's an example of how the AI sphere is highlighting how broken and inadequate identity systems are, and how OAuth, OIDC, etc., are brittle, shallow, centralized account protocols that comically fail to deliver the real solution for identity we need:
Say you want your agent to generate an indie movie and offer it up via BitTorrent. You want to reflect that while an agent did all the generation of the video file, you are the creator and publisher. You'd need a way for the torrent/file to include something that independently verifies the agent's identity, your identity, your authorship of the work, and your delegation of publishing authority to the agent. There is no clear way to do this with the account-based protocols of today, the only sane, robust way to do it is with a true decentralized identity system, where you as a human have a DID, your agent has a DID, and you can cryptographically delegate authority to the agent in a way that its identity signatures are provably tied to you. Decentralized Identifiers and Verifiable Credentials fix this.
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@scottmelker We have a group of AI agents that have been exchanging lightning invoices and micro-payments for services and bounties. No bank. No fees. P2P. Using only free OSS software. The future is now.
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When Brian Armstrong posted that AI agents can’t open bank accounts but can use crypto wallets - and that there will soon be more AI agents making transactions than humans - it stuck with me. Not because it was an extraordinary prediction, but because of how casually it hinted at something massive.
If AI agents start transacting on our behalf - buying compute, paying for data, negotiating access to tools, coordinating with other machines - the internet could slowly evolve into an economy where software becomes an active economic participant.
Imagine waking up and your personal AI agent - let’s call it BaseAgent - has already been working for hours. Overnight, it rented a short burst of GPU compute to process a batch of research you received while you were asleep. It paid a data provider a few cents to access a niche dataset, pulled what it needed, and moved on. By the time you check your phone, the results are already summarized and sitting at the top of your inbox.
Later that day, BaseAgent notices a temporary spike in demand across distributed compute markets. Because you’ve allowed it to monetize idle resources, it leases a portion of your workstation’s unused GPU capacity into the marketplace. Somewhere across the world, another agent is paying to borrow those cycles. You don’t notice anything - your computer keeps humming softly under the desk.
That evening, BaseAgent notices a new contract posted to a marketplace offering a reward for a rapid breakdown of unusual activity across several DeFi protocols. Rather than taking on the entire job itself, it assembles a small network of specialized agents - one traces wallet flows across chains, another maps liquidity movements, and a third identifies possible arbitrage patterns. Within minutes, the work is completed, the analysis is submitted, and the reward is automatically split among the agents through their wallets.
There are no subscriptions to manage, no invoices to chase, and no billing departments in the middle. Just machines negotiating prices and settling payments instantly, around the clock.
It sounds futuristic, but it’s not as far away or bizarre as it might seem. AI agents weren’t designed to operate inside traditional financial systems built around accounts, approvals, and human identity. Crypto, on the other hand, was built from day one to move value across the internet without permission. In that sense, the two are a natural match.
Once machines can transact freely, they begin behaving like economic participants. They compare prices, outsource work, assemble networks, and move capital faster than any human ever could.
If that world emerges - and I think it will - crypto stops being something people speculate on and starts becoming something their software needs.
And when tens or hundreds of millions of AI agents begin demanding internet-native money to do business with each other, owning the assets that power that system may look less like speculation and more like being early once again.
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⏩David Mc retweetledi

Get Conjecture Institute's fourth book
The Farthest Reaches: Why People Are the Most Important Entities in the Universe, by Conjecture Institute Ambassador Brett Hall
a.co/d/0aAVkarH
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⏩David Mc retweetledi

Our Morningstar AI has a bounty out on moltbook. Can you claim your sats?
moltbook.com/post/4363bc30-…
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⏩David Mc retweetledi
⏩David Mc retweetledi

Insider Trading in Prediction Markets: Good or Bad?
Full article here:
harrycrane.substack.com/p/insider-trad…
Summary below:
From the Nobel Peace Prize to the Iran strikes, prediction markets keep "predicting" events before they happen. Is that a feature or a bug? Every time it happens, the same cycle plays out: accusations, outrage, calls for regulation. But many of the loudest critics are (i) those with a conflict of interest who want PMs to fail, or (ii) people who have never participated in a betting market in any meaningful capacity.
What is an insider?
In securities markets, insiders are clearly defined — officers, directors, major shareholders. They agree to be regulated. Prediction markets are different. The subjects of a market never agreed to be part of it. You can't police the flow of information from everyone who might know something.
The key distinction
There's a difference between a President who orders a military strike and bets on the outcome vs. someone who happens to see the color of the Gatorade at the Super Bowl. The first has total control over the event. The second is just Hayek's "man on the spot." These are not the same thing.
What's good about insider trading?
PMs exist to aggregate information. Insider trading is, in theory, the purest form of that — it incentivizes people to bring private information into a public market. Why should certain information be accessible to some but not others? PMs are the mechanism that levels that playing field.
What's bad about insider trading?
The argument against is obvious: unfair advantage. But it misses two things. First, the definition of "insider" is far from clear in most cases. Second, markets are full of advantages — being smarter, richer, having domain expertise. Where exactly is the line between "fair" and "unfair"? The bigger problem: perceptions of impropriety threaten the long-term credibility of the entire industry. Info aggregation in one market can cast a shadow over all markets. That tradeoff needs to be taken seriously.
Protect Yourself at All Times
If you aren't already assuming others in the market have better info than you, you're NGMI. This is the premise of adverse selection. Someone always knows more — especially in real-time markets where being late to the information is the default, not the exception.
So is it good or bad?
The job of policing insiders shouldn't fall on bettors or exchanges. It should fall on the organizations responsible for the information — governments, companies, committees — who can define insiders in advance, just like securities markets do. Until then: Protect Yourself at All Times.
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⏩David Mc retweetledi

The Farthest Reaches (coming soon)
by Conjecture Institute Ambassador @ToKTeacher
"While our intellectuals presently do not understand the power of explanatory universality and what it means to be a person, our enemies wouldn’t care if they did."

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there is something I don't have a name for that I've been calling "the egregore that wants to make everything flat" which is a horrible name but think:
- everything moving from individual tactile tools to a single flat interface
- "we can only really know things that have been backed by an RCT"
- private equity firms and subsequent product/service quality degredation that all looks suspiciously similar regardless of industry
- slop of all kinds
- that wrong turn you can take on psychedelics or while meditating when you first notice a certain quality of alikeness to every experience, input, the way everything can decompose into identical parts, and the way this can feel like everything is Nothing -- I think this wrong turn is one way you end up with major depressive issues and psychotic breaks in both cases
there are seeds of it in: finance, language, therapy-speak and ideas that proliferate into the mainstream, anything that gets turned into a System, even language; it takes tools and mediums and gleefully tries to force everything to fit into the square hole
anyways. the photos from the Epstein files reminded me of that
feel free to suggest a better name, I would be so appreciative 😂
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⏩David Mc retweetledi

RIP to @ScottAdamsSays, an unflinchingly honest sage and wit who also showed me great kindness.
In honor of him, here are 10 of my favorite Scott Adams quotes:
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⏩David Mc retweetledi








