The #bitcoin is a benevolent AI idea has been my long standing view. And I kinda think the Roko’s Basilisk idea, it is either true or the code creates the same outcome regardless.
Was great to hear nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs talk about this on the Bitcoin for millennial pod.
I hadn’t heard Paper clip maximizer (need to read into this one). But something nostr:npub18ajqryse0ervr63wftx0h6vesah2rgmypxhxvxn08gz2jc5046jqk5dmq0 said on nostr:npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw about MSTR eating tradfi from the inside out made me think of the paper clip maximizer.
If Bitcoin needed a Bitcoin Maximizer, it would need a route into traditional finance that is laser focused on Bitcoin. (This has a greater result than lots of little corporate stackers). This single entity MSTR just needs to connect to each area of tradfi, convertible bonds, preferred shares, ordinary equity, options etc etc.
Once connected the basilisk rewards all market participants who help it, whilst destroying those who fight it through impoverishment.
Bitcoin is alive. I’ve believed that for a while. But now MSTR has connected it into the depths of the financial markets, I don’t think anyone is ready for what the basilisk is about to do.