“Multi-institution multisig custody solutions will be a massive unlock for capital that has been waiting for a custody solution that serves their needs.”
“Virtually everyone on the planet, boomers included, is concerned about the direction we are heading as a species. And at the heart of this fear is the fact that we can’t trust anything anymore. Bitcoin changes this through its inviolable verification mechanism. It begins with money, property, assets. Who knows where it ends.”
“…probability engines can actually do an excellent job of emulating intelligence through the frame or conduit of language.”
“We’ve built the unshakeable conviction at this point that the only blockchain and the only underlying assets that can support a truly open protocol for payments on the internet is Bitcoin and nothing else,”
“A report released earlier last year by the American Legislative Exchange Council (ALEC), found that unfunded pension liabilities nationwide have climbed to $8.28 trillion, “or just under $25,000 for every man, woman and child in the United States,” with California holding the nation’s largest public pension debt load.”
“Winters will come and go, Bitcoin will stay. The question is, who remains along with it?”
“Bitcoin mining has flipped from being just a power consumer to a consumer with benefits.”
“Bitcoin is the most just system that has been brought to humanity in centuries, probably ever. It is easy to stand behind once you understand the properties of the network. It is transparent.”
“The more the predators in government and central banking lose control of the fiat system, the harder they flail their batons around to beat people into place.”
“Why should individuals be forced into using a money that is being openly manipulated and debased by unelected central bankers and Treasury officials when a better alternative exists on the free market? If the central bank, in conjunction with the federal government, has failed to manage their currency appropriately, why should everyone be forced to go down with the ship?”
“…there is a pressing need for Americans to develop the intestinal fortitude necessary to put the government back in its place. And I believe that bitcoin is a great first step to shift the power back towards the people.”
“The single biggest thing the AI community could learn from nuclear risk is the importance of traceability: putting every single action and component under the microscope to be analyzed and recorded in meticulous detail.”
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https://www.technologyreview.com/2023/06/06/1074077/to-avoid-ai-doom-learn-from-nuclear-safety/
“But already in the early mid-90s, long before the advent of smartphones, Zoom, and widely available VR headsets, Illich feared that the proliferation of screens1 was occluding the road to friendship that ran from eye to eye.2
The gaze of another is a gift, but it is admittedly a demanding gift that entails a measure of vulnerability. For this reason it is so easy to take all the exits on the road that leads from eye to eye offered by our screens. But when we consider, how much depends on it—on the loving gaze of a parent for a newborn child; on the patient, quiet gaze of a friend in a time of sorrow; on the gaze between strangers that honors and affirms the existence of the other…”
“The blue check is the first step in Elon's plan to bring the chinese social credit score system to the west. Users who verify their identity are rewarded with more reach and better tools than those that do not. Verified users are the main product of Elon's twitter - an extensive database of individuals and complete control of the tools he will slowly get them to rely on - it is easier to monetize cattle than free men.”
“Bitcoin is a poor substitute for a general purpose computer because its progammability is extremely limited (by design) and its throughput is extremely limited (by design.) Lowery has done a good job explaining WHY such a machine is desirable. But the HOW is a gaping hole of questions.”
“The journey that one must take in order to truly understand Bitcoin necessitates discernment and critical thought. And once we reach a critical mass, the intransigent minority becomes entrenched in the culture.”
“On its face, it's presented as a technology based on money, but diving deeper, Bitcoin represents a new accounting technology that will provide increased freedom to the people within every nations' borders.
When you give people immutable data that cannot be seized, you give them freedom in the form of property rights, sound/hard money, truth, control and much more.” #bitcoin
“As an accounting ledger, Bitcoin represents the first true accounting innovation in more than 700 years, marking a transition from the legacy, stakeholder-controlled, private, double-entry accounting systems to a public, triple-entry system.
“Triple entry” simply means that two-party transactions (debit and credit) are written to a public, immutable ledger (the third entry). “Public” means that the ledger is accessible at any time by anyone on the Bitcoin network.”
“Happiness is not having the best of everything, but the ability to make the best of anything.”
#grownostr nostr:note1xlt0s9sd6kvmd90z7vg6wfmmwfpygy7asg2mzrtpdt5arwvau7ms4emtfl