Maria
92 posts
Maria retweetledi
The left missed Bitcoin as a transformative tool for wealth creation, including for ordinary people and especially for the working class.
They dismissed it as something “for the rich,” when in reality Bitcoin created wealth for many people who were not wealthy before. It also gave millions of people access to a monetary network that does not require permission from banks, governments, or legacy financial institutions. For the unbanked and underbanked, Bitcoin is not a toy for speculators. It can be a lifeline, a savings technology, and a way to participate in a global financial system.
Bitcoin is for everybody.
One could write an entire book on how badly the left misunderstood it: a decentralized, open, censorship-resistant monetary system that anyone can join, regardless of class, nationality, race, or status. These are values the left should have recognized immediately. Instead, many chose to see only the billionaires, the volatility, and the speculation, while missing the deeper revolution.
Now the same thing is happening with AI.
AI has the potential to liberate people from menial, repetitive, and soul-crushing work. It can give ordinary people tools that were once available only to corporations, experts, or the wealthy. It can amplify creativity, education, productivity, and entrepreneurship. Used correctly, it could lift millions out of poverty and radically expand human potential.
And once again, much of the left reacts with fear, resentment, and prohibition.
They are positioning themselves on the losing side of another technological revolution. Being a Luddite does not work. It did not stop industrialization, it did not stop the internet, it did not stop Bitcoin, and it will not stop AI.
The right question is not how to stop these technologies. The right question is how to make sure they remain open, accessible, and empowering for everyone.
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When the CEO of Verizon predicts AI & robotics could lead to 20%-30% unemployment within the next few years, we may want to take notice.
AI is the most transformative technology in human history. We’re not prepared for it economically or socially. That must change. NOW.
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Share, if you think President Trump should pardon the Samourai Bitcoin wallet developers
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If you want an inexpensive but exhaustive source of Bitcoin data I recommend Newhedge.io. It is great. They even have a nice power law chart and power law data you can download.
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Un vero onore aver tenuto ieri la lectio magistralis all'Universita' di Genova, 17 anni dopo la mia laurea.
Francesco Lato LowCost@LowCost
Lectio Magistralis di @paoloardoino, CEO di @tether, ospite d'onore ieri [2 aprile 2006] della cerimonia d'inaugurazione dell'anno accademico di @UniGenova, presso cui si è laureato in informatica nel 2009. Nella prima metà dell'intervento, Paolo Ardoino condivide il legame profondo con #Unige, ricordando come gli insegnamenti accademici siano stati la base per la sua carriera internazionale. Il cuore dell'intervento intitolato "The Quest for a #Stable Society" [la Ricerca di una Società Stabile] è il "Tether's #Manifesto": l'idea che la stabilità sociale derivi dall'accesso equo e tecnologico alla finanza, dalla decentralizzazione e dal peer-to-peer. 1) #Stability derives from equipotent access to #technology and #finance. [La stabilità deriva dall'accesso equipotente a tecnologia e finanza] 2) #Decentralization of technology and finance makes society resilient to failure and abuse. [La decentralizzazione della tecnologia e della finanza rende la società resiliente al fallimento e all'abuso] 3) Technology and finance are a reflection of society: #peertopeer. [La tecnologia e la finanza sono una riflessione della società, peer-to-peer (da persona a persona)] Ardoino spiega poi la genesi di #USDT, la #stablecoin nata per risolvere un problema reale nei mercati emergenti: la svalutazione estrema delle monete locali (come in Argentina, Turchia o Venezuela) che distrugge i risparmi delle famiglie. Durante la pandemia del 2020, USDT è diventato uno strumento di protezione vitale nei paesi emergenti, passando da 2 a oltre #184 miliardi di dollari in circolazione, affermandosi come il dollaro digitale più utilizzato al mondo per i pagamenti. Nella seconda parte, Paolo Ardoino analizza l'impatto sociale di #Tether, definendolo il più importante caso di #inclusione finanziaria della storia. Con oltre #560 milioni di utenti, USDT permette #rimesse a costo zero per chi lavora lontano da casa, eliminando le commissioni bancarie che arrivano fino al 26%. La visione di Tether si estende però oltre la finanza attraverso tre pilastri tecnologici #opensource e basati sulla #decentralizzazione: @Holepunch_to: un sistema di comunicazione peer-to-peer per garantire la libertà d'informazione senza intermediari. @qvac (IA Locale): modelli di intelligenza artificiale che girano direttamente sugli smartphone, portando l'educazione anche dove la connettività è scarsa. #Decentralized #Energy Grid in #Africa: un progetto che mira a portare energia stabile a 30 milioni di case entro il 2032 tramite una rete di 100.000 chioschi solari e batterie ricaricabili, creando migliaia di posti di lavoro locali.
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We didn’t fight to work. Women have ALWAYS worked. We fought to get paid.
miia@miiagarro
can’t believe women fought to work
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The one-paragraph description of why nothing stops this train:
C. Solari🌿🦎🔬🖖🏽⚽️🇦🇷@gebsaar
What a great summary: Debt tends to build up over multiple credit cycles in the private sector, until it reaches its absolute limits. At that point, rather than mass defaults occurring, money usually gets printed and the debt starts to get rotated up onto the sovereign level via much larger fiscal deficits. Then, when debt builds up significantly on the sovereign level, the next release valve is through inflationary currency debasement and major political resets.
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I had the intuition several years ago that bubbles might be an intrinsic property of the power law itself. One of my first attempts to model them was through a log-periodic framework—I knew it was connected to power laws, but I hadn’t explored that connection deeply enough at the time.
@moneyordebt later revived this line of thinking and pushed the log-periodic approach further.
Recently, I finally had the time to sit down and work through the connection more carefully.
If the hypothesis is correct—that bubbles are log-periodic—then both the long-term trend and the oscillatory bubble behavior can be unified within a single framework: a power law with a complex exponent.
The math is in the comments, but the result is truly elegant.
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At a conference in my role of advisor for Blockstream Capital Partners.
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Bitcoin is the first asset ever that no government can control. Gold could be controlled through government mints and treasuries/ central bank regulation and laws requiring the coin of the realm, and ultimately confiscation.
They can mint a little bit of Bitcoin but it is too late to manipulate structurally. It is autopoietic (self-generating and maintaining), reflexively locked in a long term power law, and it is the first truly scientific monetary standard in history.
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@gladstein Fiat money basically came into existence to cover up the fact that the British people had the good sense to not buy their government's WWI bonds.
From The Fiat Standard:
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Maria retweetledi
Turning homes into savings accounts is one of the worst consequences of @thefiatstandard destroying money.
Stop using your home as a saving account. Buy only as much home as you need and save in bitcoin. Rug the real estate shitcoin so houses get cheaper forever, as they should.
Acyn@Acyn
Trump: I don’t want to drive housing prices down. I want to drive housing prices up for people who own their homes. You can be sure that will happen
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Scientific Bitcoin Institute Director look.
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