Mats Heming Julner

JUST IN: 🇺🇸 SEC approves Nasdaq rule to allow tokenized stocks & securities trading.

PewDiePie, one of the biggest YouTubers in the world just dropped an important video. he claims the algorithm is destroying your brain. a guy once beloved by the algo that made him a millionaire is now going against it. “the key is intent. if you go around your life not making your own choices, then who the heck are you?” his secret fix? > add friction to dopamine apps > unfollow everyone > kill reels (important) > self host everything. > block at DNS level. this is a wake up call. no more autopilot scrolling. you either choose what goes in your brain or the algorithm chooses for you.

When individuals can no longer verify truth, whoever controls verification controls reality When the public can’t distinguish real from fake, a solution will be proposed: “We need official verification” Institutions will build verification systems that verify what is real. Institutions will decide and control what is real. They grant themselves authority over reality itself Until now, institutions have claimed to be arbiters of truth, but evidence could contradict them. They could lie, but lies could be exposed When evidence itself becomes unfalsifiable, and institutions have control over verification of reality.. they can define reality. They become gatekeepers of truth and reality itself This is the end goal of institutional authority. Controlling reality itself is the ultimate authority

Netanyahu posted a proof-of-life video. People said it was AI because he had 6 fingers. He posted another one ordering coffee and showing 5 fingers. People said that was AI too because the coffee didn't spill. We've crossed a line we can't uncross. The same AI tools that can generate a convincing fake of anyone on Earth have made it impossible to prove anything is real. The technology that was supposed to give us more information has made all information less trustworthy. This isn't about Netanyahu. Every world leader, every CEO, every public figure now lives in a world where "that's AI" is an unfalsifiable response to any evidence. Proof of life now requires multiple videos, press witnesses, and cafe Instagram posts. People still don't believe it. We built tools so powerful that seeing is no longer believing. Nobody has figured out what replaces it.

Netanyahu posted a proof-of-life video. People said it was AI because he had 6 fingers. He posted another one ordering coffee and showing 5 fingers. People said that was AI too because the coffee didn't spill. We've crossed a line we can't uncross. The same AI tools that can generate a convincing fake of anyone on Earth have made it impossible to prove anything is real. The technology that was supposed to give us more information has made all information less trustworthy. This isn't about Netanyahu. Every world leader, every CEO, every public figure now lives in a world where "that's AI" is an unfalsifiable response to any evidence. Proof of life now requires multiple videos, press witnesses, and cafe Instagram posts. People still don't believe it. We built tools so powerful that seeing is no longer believing. Nobody has figured out what replaces it.

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return. The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox. The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal. Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space. We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction. The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

What if consensus didn’t mean control? Today I’m publishing a paper introducing Compute Substrate: a distributed system that records computation… …but cannot execute, enforce, or decide anything This is independent research, not a Recur Labs release