https://fountain.fm/episode/qJZJ9iv1zbRqT2QU9MYy
We go deep into what Blackrock is really up to.
28 years. He’s Gone - like Satoshi
He’s gone - and nothings gonna bring him back
If you got fired for liking a meme, you sucked hard at that job.
Go build something. Provide value, and you’ll be free.
His master, Darth Plageus, was a banker and not nearly as evil. Palpatine murdered his family
Daily test to see if I can Post using Primal on iOS. Success?
Cryptography would never be invented by citizens of a benevolent dictatorship.
Only in a century of World War and hegemonic power would we flip the tech on the powers as quickly as we have.
Moral: Bitcoin is given by the strength of our enemies not our friends. If you’re waiting for a President or a Harvard to validate it socially you’re NGMI
It was already clear to me that Backwards Down The Number Line had to do with hash functions but - TODAY I LEARNED-
The most effective attack against hash functions stems from a famous math problem called “The Birthday Paradox” where it only takes about 28 people at a party to have a probability of 0.5 that 2 will have the same birthday.
A hash collision, when 2 different inputs can produce the same output, is analogous to the Birthday Paradox - and we use the math to determine how long a hash needs to be to be sufficiently confident that a collision can’t occur.
The only rule is “It begins”
Happy Happy oh my friend! nostr:note1n7au43dqvreurvtwn0w3aj5k70hahcau6v0gcr2h8d6z4vu02wsq34zsrr
Bitcoin fixes portfolio construction by 1) replacing Bonds as the risk-free asset: 2) kicking out all but the greatest risk-adjusted asset classes
We made a banger about meetups, how to talk to nocoiners, and e alienating life of being a standard bearing leader
Blackrock’s ETF and Bitcoin turn isn’t about loading their bags - it’s about not being stuck with the Bond bag.
Blackrock doesn’t understand Bitcoin but they understand bonds and they hold the worlds majority of them.
This is a liability move, not an asset move.
Bag holders going to Blackrock looking for their Bitcoin
Not all learning has immediate practical significance - but working with your hands is essential and should be part of all educational philosophies.
My kids learned knitting, blacksmithing, woodworking, various forms of drawing, and were required to play a stringed instrument - these are essential for kids.
Just because someone paid $X for something doesn’t make that thing worth $X.
That thing does not have a value of $X.
The idea that we can know the value of anything in a world so abundant in printed fiat money is a pathetic childish illusion and anyone serious about having a Bitcoin Standard should grow the fuck up and stop promoting the illusion that we know the value of anything.
Ordinals? Don’t try and tell me a Satoshi is worth $1M because some dipshit paid it.
Even the $ value of Bitcoin on MSTRs balance sheet isn’t what you think it is. It’s closer to zero than the reported number.
We don’t know what the fuck anything is worth and that’s where we’re starting at building the future.
Peace!
Black-Scholes-Merton gave us forever bailouts
Diffie-Hellman-Merkle fixed it.
#phish
Carini is self-explanatory. SpaceBoy wasn’t even born when this was written.
“That thesis that you’re writing is a load of shit………..but I’m glad you finally finished it”
Price-boi s are all gonna get rekt.
If I were FASB, I wouldn’t recognize the value of Bitcoin on a balance sheet unless there was a protocol like @AnchorWatch behind their coins.
Even then, the probability of a total loss is so high that Id require a haircut.
Bitcoin will be a superconductor of AI.
— my thinkboi thought of the day