E61

@knutsvanholm He did move on to other things.

Something entirely different caught my attention, and I didn't even have the sound turned on...

@BritishHodl You're at rule #2.

Talking to normal people about Bitcoin at this point - even Bitcoiners who have been sucked in by 4 year cycle and trading objectives - feels like the single most low IQ and time wasting activity possible. I haven’t had a Bitcoin conversation in 2 days, slipped into a Spaces on it and immediately felt my brain rotting. All my conversations have been about optimizing Health, Business, Geopolitics & Spirituality. Touch mental grass as well as real grass & let Bitcoin do its thing - the smartest people in the history of the world are now working on behalf of Bitcoin and have not reduced their enthusiasm. Let them cook.

@giacomozucco @CsTominaga That's because CSW is actually Max Planck, duh.

@CsTominaga When even CSW's AI slop is more credible than Google's papers...we live in a strange world.

Here is the timeline in plain English. In the 1980s, quantum computing was theory. Not one logical qubit. Not one stable computational unit. Just the idea, going back to Feynman’s early 1980s work on quantum simulation. In the 1990s, the mathematics became more elaborate. Shor’s factoring result arrived in 1994, and quantum error correction arrived in 1995. That was important theoretically, but it still produced exactly zero practical logical qubits in the real world. It produced a description of how one might encode a logical qubit, not a machine that delivered one. In the 2000s, still zero in the only sense that matters. More experiments, more papers, more abstractions, more ways of describing the problem. But no practical logical qubit anyone could point to and say: there it is, stable, scalable, computation-grade, and useful. In the 2010s, still zero. Better hardware, better control, better noise characterization, better marketing. But still no practical logical qubit. The field remained trapped in fragile physical demonstrations, not robust logical computation. Now we get to the 2020s, where the headlines become unbearable. What is the celebrated state of the art? A Nature result reporting a distance-7 logical memory lifetime of 291 ± 6 microseconds, with the best constituent physical qubit at 119 ± 13 microseconds. That is what passes for a breakthrough: not seconds, not minutes, not days, but a few hundred microseconds in a tightly controlled error-correction experiment. So after roughly forty years, what do we actually have? Not a practical quantum computer. Not a cryptanalytic machine. Not a fault-tolerant system of consequence. We have theory from the 1980s, error-correction mathematics from the 1990s, decades of lab work after that, and today the flagship result is still an encoded memory experiment measured in microseconds. That is the honest timeline: 1980s: theory. 1990s: theory plus error-correction theory. 2000s: lab work, no practical logical qubits. 2010s: improved lab work, no practical logical qubits. 2020s: headline “breakthroughs” still measured in microseconds. And what does extrapolation at the same historical rate say? It says more of the same. Forty years took the field from theory to microseconds. Another forty years at that pace does not get you to world-ending cryptanalytic machines. It gets you from microseconds to somewhat less embarrassing microseconds, or perhaps milliseconds in narrow demonstrations, with the same underlying problem: reality will not obey the fantasies being sold. That is the point. The gap is not one of enthusiasm or funding. It is not a public-relations problem. It is a physics problem. Forty years have not taken us from primitive logical qubits to advanced logical qubits. They have taken us from zero practical logical qubits to still zero practical logical qubits, with a few carefully staged encoded memories used to imply that the rest is inevitable. It is not inevitable. It is not near. And if the last forty years are the guide, then the next forty are not a march to quantum supremacy over the real world. They are a march to more papers, more grants, more roadmaps, and the same old trick of confusing elegant mathematics with physical accomplishment.

@Cubasmum @TheKouk Prices are powerful. I'm already altering my own behaviours with the recent hikes. I'm sure lots of people are doing the same, Greys included. Central planning is not needed and, as we've discovered here, will get it "wrong".

@esixtyone @TheKouk But there should be priorities and that exactly what public policy does: prioritise resources - I acknowledge not always correctly. But surely GreyNomad burning through litres of diesel does not have the same priority as the farmer trying to bring in a crop which will feed us?

The nut jobs are out in force suggesting the govt reduce or eliminate to petrol excise for a period of time to reduce the retail price of petrol. This would be one of the worst policy ideas doing the rounds. It costs billions of dollars making it harder to get the budget to balance. It stimulates demand adding to inflation at a time when inflation is too high. It make the petrol shortage - to the extent there is one - even worse as people keep driving & don't look for alternatives. It is a crap idea that should pick picked up carefully & dropped in the rubbish bin. youtube.com/watch?v=51sLQz…

@Cubasmum @TheKouk The point is that rationing is fraught. Whoever creates the list can not measure individual's need or importance. It will mostly not work as intended.

@esixtyone @TheKouk Except it’s not: The National Liquid Fuel Emergency Response plan describes activities carried out by the following devices as essential a. ambulance; b. a corrective service; c. fire or rescue; d. police; e. public transport; f. a State Emergency Service; and g. a taxi service.

@Cubasmum @TheKouk Except doctors too, right. They are pretty important. And the checkout workers at woolies, also important. Wait, there's a few more exceptions... Let's make a big list. Oh wait. It's everyone.

@TheKouk Reduce it for farmers. Rationing for everyone else, except trucks.

@HenryFlashman @TheKouk Makes you wonder why tax is need at all, right? They can print and borrow to oblivion, apparently.

@TheKouk The budget will never ever ever be balanced regardless of tax income collected

@green_brads @TheKouk And nukes to supply them.

@TheKouk Use the excise to build megawatt chargers at every truck stop between major cities. There are trucks on the market NOW that can do the duty cycle IF there is MW charging. So build them, and let the market do the trucks. Use this crisis to build energy sovereignty.

@seanclarke911 @elonmusk Best of luck for tomorrow!

Everything I have worked towards over the last few months almost fell apart. My Private IFR test almost got canned due to shitty internet at the testing facility. @elonmusk you just saved me months of my life with Starlink. It would be unlikely I could have revisited this until late this year or early next. Fucking grateful 🤝

@ausbtcclub What actually cleans up this mess: time.

One is money One is a data base Satoshi wrote the white paper titles: Bitcoin: A Peer-to-Peer Electronic Cash System BIP110 supports Bitcoin as a Peer to Peer Electronic Cash System, not an electronic data base. Once BIP 110 cleans up the mess, The Bitcoiners can focus on Bitcoin as money. The spammers can go back go Ethereum.

@jevidon Great book. We are on that path, 100%

Read “Kill Decision”.

@MarkNeuman18 "Its just software" is a common mental hurdle. It's not that it's software that gives it value. The value is based on a rule set that is extremely difficult to change. This set includes the rules for 21m supply cap (defines the scarcity). Help: Read @saifedean 's book.

Help me out. Do we have a problem with software or not? Is AI going to eat software’s lunch? If so, and BTC is just a line of software code, what are we even talking about? Like does 83k, 73k, 63k even matter. Number go up, number go down. It’s just software code. Also, the number of folks who seem new to finance in the past 2-3yrs due to crypto seem the loudest cheerleaders. Thats not how bottoms are forged.

@BrissyBitcoiner Bitcoiner wrist check. 👌

@seanclarke911 @JP_Technology Either way... Seems cheap!

@JP_Technology @esixtyone I thought the same as well but just incase I did it for them

Here we go!

@seanclarke911 @JP_Technology What's $58001 in AUD? "A friend of mine" is setting a limit buy order.

@JP_Technology It’s happening 🥳

@w_s_bitcoin The second best time is now. The best time can only be known in the future, looking back. Understanding this is the secret to success.

...to be fair, he also said by the end of the year bitcoin will be down below $60k and to wait to buy until then. I told him I never wait to buy.

@callebtc Interesting read... x.com/i/status/20160…

searching ebay for a cheap used mac mini with my clawdbot deployed on a $2 VPS

@PeterMcCormack @JMilei For the UK, this...

Will this one work @JMilei?