The commodification of general purpose AI models was fairly obvious given that all the training data is accessible to anyone.
The real "black swan" will hit when the market realises that China will be able to prevent access to high quality labelled video data from factories that will result in their moat on robotics. The West has de-industrialised too much and won't have enough data to train their robots with.
I don't like any of it, but seems inevitable.
I'm sorry, this is very frustrating.
Best advice I can give is to keep using p2p offramps like Robosats, but have some other bank accounts as fallbacks. If one bank closes your account that information is *not* shared across the industry (GDPR).
Likely that a few small transactions per month won't trigger any risk flags. Generally the pattern banks are looking for don't match that behavior, or are targeted on high values (e.g. €10k in a few days).
I buy and sell on Robosats every few weeks using Revolut for fiat and never had issues. Not sure about solutions when banks get forced into identifying this type of activity - hopefully that day is far into the future because it will be impossible for banks to know if the transactions they see are related to p2p Bitcoin trades, so they'd need some type of blunt heuristic which would affect people who are doing things unrelated to Bitcoin.
I share your hatred of compliance. Absolute waste of human potential, shadow state bullshit. ✊
Maybe Nvidia should start pivoting to Bitcoin ASICs. If this is a sustained correction in the demand for AI infrastructure it could open the conversation for alternate uses, or transitionary uses - something with flexible demand that doesn't need to be connected to the grid ...
We need to stop falling into the trap of defending Bitcoin > crypto. The two aren't comparable. Bitcoin solves the problem of fiat money - shitcoins *are* fiat money.
"Communists are stupid!"
"China keeps doing smarter things than us!"
Good to see Bitcoiners engaging with solid publications like The Spectator. Pity we always get asked about "crypto", but it's fascinating to see the concept of Bitcoin maximalism enter the conversation.
Jonkershuis at Groot Constantia in Cape Town must be one of the most beautiful restaurant venues in the world

Keen to try out Primal, but it's a non-starter without Amber support. I see there are already two open GitHub issues about it, so hopefully soon? nostr:nprofile1qqsdv8emcke7k3qqaldwv956tstu40ejg663gdsaayuuujs6pknw7jspz3mhxue69uhhyetvv9ujucn0w3jhvtnnwcq3yamnwvaz7tmsw4e8qmr9wpskwtn9wvqs6amnwvaz7tmwdaejumr0dsx2l4qj
Okay, just going to use the desktop browser version with Alby
Fiat money ruining the London high street
"One reason for the decline in most high streets is that the property management chains are so tightly geared, that to accept a new tenant at a lower rent would mean that the ‘mark-to-market’ value of the property would drop accordingly, potentially putting the value of the firm’s assets dangerously below that of their liabilities. So even though they lose money month to month, they hold out for a big chain, because the mom ’n’ pops can’t pay what they’d need to keep their balance sheet afloat."
https://www.spectator.co.uk/article/britains-railway-arches-are-getting-hollowed-out
I've got a generally smart friend who proudly told me he was in some kind of ETF that just bought all the crypto in it's market cap ratio - "just diversifying, and XRP went up so it's a smart strategy".
Have no idea what this scammy supposed ETF is, but I just didn't even know where to begin with all the embedded issues in what he told me.
Double breasted sun bird 👌
As much as I appreciate the RHS facilities, and especially Wisley, I'm totally against this demand of a government bail out. Sorry, but this is not what tax payer money is for. Raise entrance prices or cut expenses.
https://www.rhs.org.uk/gardens/wisley/articles/impact-of-a3-roadworks-on-rhs
Hopefully he got orange pilled and goes down the rabbit hole
What's the gist of his pitch? MK Party is a Zulu Marxist pro-corruption vehicle for Jacob Zuma's ego. Bitcoin is for enemies, but let's not forget how vile these guys are. In some dystopia where they are in SA government they would 100% steal anything and everything including a national Bitcoin reserve.
True. I just set up my NWC with CoinOS for the first time today - zapping about 10x more than usual.
Just logged into LinkedIn for thr first time in a month. My god, what a cesspool.

Revolut can't do lightning payments, but they push this ad to me

This seems so obvious, that I can't help feeling that I'm missing something about why big money continues to pour in. Possibly it's because they think they will be able to limit access to just proprietary models, or somehow further weaponise copyright law?
So Trump was just using zero-based numbering I guess?
Trump Derangement Syndrom seems to need an extra descriptor. It's not just about hating him despite flashes of actual competency. Many are deranged too because they think he's some kind of saviour.
Healthy dose of perspective about Trump from the excellent Ivo Vegter
https://dailyfriend.co.za/2025/01/21/welcome-to-the-crony-states-of-america/
Gotta say I prefer the relatively benign, albeit unsophisticated, type of grift that the Trumps run. Way better than the corruption that involves trillions of $ state spending and risking WW3 just to shave a few slices off for themselves.
Not that I approve of either, but I've grown to be grateful for lesser evils.
First Pick n Pay supermarket groceries bought with Bitcoin today 💪
Thanks to the team at nostr:nprofile1qqsz85k206vm3vqdmlvcy9l4kyfqchlnf4hnctasxufa3ph0ck9decgpz9mhxue69uhkummnw3ezuamfdejj7ze0u6m 🙏
#spendstr

Funny how the same people who criticize government incompetence and bloat (agree!) are then often the first to be complaining about them not having enough manpower for something, or that they should do more about some issue. Can't have it both ways I'm afraid.
I like this take. I think Lola identifies a non-zero risk, but it's partially motivated by a false dichotomy of NGU bros vs. pure freedom tech advocates. Many are both, and Bitcoin benefits from both no matter how distasteful you find one.
It would be even worse if the EO was to ban or restrict it in some way. Yes it would make it more cypherpunk and cool, but zooming out this seems like a much more obvious step to becoming the world's money (even if the wording offends you).


nostr:note1gwcsdgtrquasy8nhnh6x49jufpyeted0fjvexay80qxg8qpj93wsmlk2ec