
Orange Pill Swallower
222 posts


Hi Matt. That's what Bitcoin is going to solve. It is the first finite supply of money backed by a large decentralized network that cannot be taken down by government or otherwise. When the control of money is given back to the people the first true free market evolves out of that structure. All deflationary effects of technology are distributed to the people. Yes it will be messy along the way getting there but Bitcoin is and will resolve this.
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Big Tech companies are sprinting forward, building data centers as fast as they can, sometimes using eminent domain to seize the land by force, making their AI more and more powerful, expanding the technology at lightening speed with no guardrails of any kind at all. Yet none of these tech gurus or any of their apologists have even attempted to explain what exactly all of the millions of people who lose their jobs, and the increasing numbers who lose their homes, all sacrificed on the AI altar, are supposed to do. How does society support millions of unemployed and displaced people? What becomes of a society where algorithms and machines do everything, and a few people become trillionaires while millions more lose everything? There is no answer to any of this. They aren’t even attempting to answer it. Instead we’re simply told that China exists and we have to “beat them” in some unspecified way, in order to achieve some unspecified goal. We’re going to obliterate entire industries, entire categories of jobs all at once, and the only justification anyone can give is “China.” It’s madness.
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@PeterMcCormack Now imagine what it'll do to these other industries: law firms, accounting firms, advertising, marketing, education, finance etc.
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I now understand why AI will eat the software industry.
I used to have a web agency.
With Claude over the last 3 days I have built and deployed a system that would have:
- Taken 6 months
- Cost £150-200k
- Required 8 different skill sets
I can't design. I can't code. I don't understand SQL, APIs, Cloud Storage - yet Claude has walked me through Github, Supabase, Vercel and it is deployed and working.
A 100% custom software system - 3 days, 1 idiot.
BLOWN AWAY!
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Giovanni,
What's your explanation of all of the recent UAP sightings? Are you saying its all a government psyop? Also, look into the Bob Lazar story. Very credible and worked on technology that does not exist anywhere. A lot of connections being made today to verify his story from 30 years ago.
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The argument that “the universe is vast, therefore aliens must exist” is not as strong as people think.
In fact, the vastness of the universe can be used to argue the opposite.
A sufficiently enormous universe may be exactly what is required for one extremely rare event to happen somewhere. That event may be us.
If the emergence of intelligent technological life is fantastically improbable, then a universe with billions of galaxies and trillions of planets is not evidence that aliens must be everywhere. It may simply be the size of the lottery required for one winning ticket to exist.
We are that winning ticket.
People assume that because there are so many planets, life must be common. But that depends entirely on the probability of life emerging, surviving, becoming complex, developing intelligence, creating technology, and lasting long enough to be detectable. If each of those steps is extremely unlikely, then even a vast universe may produce very few civilizations, maybe only one within our observable horizon.
And here is the deeper point: if advanced aliens were common, we probably would not be debating whether they exist. Their existence would be obvious. The galaxy is billions of years older than Earth. A civilization only slightly older than ours, on cosmic timescales, could have had millions of years to expand, signal, engineer, or leave detectable traces.
Yet we see no clear evidence.
So the vastness of the universe does not automatically solve the alien question. It sharpens the mystery.
Maybe the universe is vast because the odds are so low.
Maybe we are not one example among countless others.
Maybe we are the rare exception the universe needed all that space and time to produce.
Mark Kretschmann@mark_k
I absolutely believe aliens are real. In a universe this absurdly vast, with countless stars, planets, and galaxies, it seems almost impossible that Earth is the only place where life became intelligent. But I also think the distances between civilizations are so enormous that we may never meet them. The universe could be full of alien races, and yet most of them might be forever out of reach, separated by scale.
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@SteveW928 @matteopelleg Yes I agree. So many people don't understand this and think the miners will go away as the miner reward decreases. They are misunderstanding how the protocol works.
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@pantuofermo @matteopelleg Yeah, there is still the bottleneck of actual hardware to deal with. But, I think that would end up being a strong centralizing force. That some of the big players are getting priced out due to halvings and AI, is a good thing in terms of opportunity to decentralize again.
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The idea that energy is the true currency of the universe, is fascinating but also completely wrong.
A currency is an instrument that can be traded for goods and services.
What can you trade energy for, beside a currency? Nothing.
Now, the idea is that if you have energy you can create everything, which makes it a currency.
But is that true?
If I give you the entire energy of the sun, will you be able to build a car or a house or an iphone?
No. You wouldn’t even know where to start.
There’s a lot more than energy that goes into making stuff.
Here’s a list I came up with:
Know-how
Labor
Materials
Land
Without any of those you can’t make anything.
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@SteveW928 @matteopelleg The problem if energy goes to near zero is that a ton more Miners enter the market, driving up the difficulty adjustment. Bitcoin is a self sustaining self balancing network.
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@matteopelleg Yeah, I've thought about that in regard to Bitcoin mining. The problem is still the ASICs.
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@phongle Actually it sold off yesterday while the s & p reached all time highs. It shrugged
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@SimonDixonTwitt @jack is fine. Not worried about him. He's a true bitcoiner.
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This is why I no longer speak at Bitcoin conferences.
These conferences are created and sponsored by those who want to centralize as much Bitcoin as possible into financial-industrial complex wrappers.
You resist by holding it in self-custody and boycotting all FIC wrappers, including conferences owned by Bitcoin treasury companies.
Heidi@blockchainchick
Are these the people you want "shaping Bitcoin's future"? The FBI Director. The Acting AG. The SEC Chair. The CFTC Chair. Bitcoin was literally invented to route around these people. Now they're the keynote speakers.
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@TFTC21 Thank you for not shitposting like @pete_rizzo_
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Project Eleven announced today that it awarded its Q-Day Prize, 1 BTC, for what it called the largest quantum attack on elliptic curve cryptography to date.
A researcher ran a variant of Shor's algorithm on a publicly accessible quantum computer against a 15-bit ECC key. The headlines followed, 6.9 million BTC exposed, $2.5 trillion at risk, the window is closing.
Bitcoin developer @jamesob pointed out what the headlines leave out. Like every other public application of Shor's algorithm to date, this one involves classical pre-computation that encodes the solution into the quantum circuit before it runs. The quantum computer isn't solving the hard problem. It's executing an algorithm on a problem that's already been worked out on a normal computer first. It's a demonstration, not a break.
Project Eleven is a post-quantum security startup that raised $20 million in January at a $120 million valuation. Their investors include Castle Island Ventures, Coinbase Ventures, Variant, and Balaji Srinivasan. They sell post-quantum security tools. They created the Q-Day Prize bounty. They awarded it. Then they used the result to market urgency around the very threat their product exists to solve.
The gap between 15 bits and the 256 bits Bitcoin actually uses is a factor of 2^241. Current quantum hardware runs at roughly 1,000 qubits. Even the most optimistic estimates for a real 256-bit attack require between 10,000 and 500,000 physical qubits with error correction breakthroughs that don't exist yet.
Quantum risk to Bitcoin is real on a long enough timeline. But when the company sounding the alarm is the same company selling the solution, and awarding its own prizes to generate the headlines, it's worth asking whether the timeline justifies the urgency, or whether the urgency justifies the valuation.

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@HustleBitch_ I hate when these guys come. I don't care what time it is. The noise is super loud and just sets the tone for the day.
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🚨 THIS IS WHAT LANDSCAPERS REALLY DO AT 7AM — RIGHT WHEN THE NEIGHBORHOOD IS DEAD SILENT
The whole block is dead quiet.
Not a single sound.
Then… that first pull.
And the engine rips straight through the silence.
• 7:00AM on the dot
• Everyone still asleep
• Windows shut… doesn’t matter
• That echo hits every house
You can literally feel the peace disappear in seconds.
Some say it’s just a job getting done.
Others say it’s the most hated sound in any neighborhood.
Is this normal morning work... or the rudest wake-up call there is?
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@Amanda_S_Wick @LynAldenContact @jonstewart @ProgressiveBtc @Open_Frontier I'd love to be wrong, but I think people like that are more the exception than the rule. Most left leaning democrat inclined individuals tend to want government having control over the money so they can vote for more entitlement programs.
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@pantuofermo @LynAldenContact @jonstewart @jonstewart is usually better at nuance. And there are entire groups and active individuals, including @ProgressiveBtc and @Open_Frontier, that would disagree with your claim. They may not be Maxis, but many on the left see the value in democratizing finance, BTC included.
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People are freaking out because he saw first hand how government handing out money was an unmitigated disaster and now all of a sudden its a "good idea" to let the government hand out money to everyone. There's so many things that go wrong in that situation that I don't have the energy to type it out.
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99% of people really do not understand abundance as Elon describes it.
The fundamental reason is that they don’t understand compound growth.
Same people who would probably pick 1 million dollars today over a penny that doubles in value every day for 30 days.
It’s a bad choice by the way. You lose out on millions.
Imagine if that doubling object was a labor producing robot instead of a penny.
Compounding labor. It’s actually crazy if you try and wrap your mind around it.
So Elon mentions Universl High Income and the midwits flip a lid.
“The elites won’t share”
You don’t get it. They won’t need to share. They will make everything so cheap, it is effectively free.
Charities will have immense resources to distribute.
Unfathomable intelligence will exist to help optimize production and distribution.
An unfathomably large labor pool will exist that operates on solar power exclusively.
The public work projects that are erected will be unseen before levels of breathtaking.
I think we are incredibly blessed to steward this new age of abundance.
Can you see it now?
Can you see the future?
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@nicksortor No, I don't want him executed immediately. I want him suffering immensely for quite some time before that happens.
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🚨 JUST IN: Elon Musk calls for the FedEx driver who just pleaded GUILTY to MURDERING 7-year-old Athena Strand to be “EXECUTED IMMEDIATELY”
We need more than that — we need him to be executed PUBLICLY
Jurors literally CRIED IN COURT while hearing video of Horner KlLLING Athena following demands she take off her shirt
He kiIIed her after she screamed for “momma,” not wanting to take her shirt off
This is a real life DEMON.
Burn this fcker at the stake.
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@elonmusk Inflation is literally inflation in the money supply. People's savings would be wiped out overnight. You're assuming all prices everywhere would come down in price or stabilize.
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@pantuofermo @LynAldenContact @jonstewart If that’s the case, they’re semi-retarded. Anyone who adopts that mindset will have their face ripped off when they realize where AI is headed.
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@LynAldenContact @jonstewart Lyn, I don't think Jon or really anyone who finds themselves on the left politically is open to the idea of Bitcoin at this point. He doesn't want a more nuanced guest on his show. He wants his bias confirmed.
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@jonstewart Big fan of your work Jon, for like 20 years.
But you could find better guests on this topic. More nuanced.
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