JUST IN: BlackRock and Michael Saylor's Strategy now hold a combined 1,450,549 bitcoin worth $127 BILLION.

That's over 6.9% of the total BTC supply 🤯

asked chatgpt what it thinks about taleb and antifragility.

"The core concept of Antifragility—that some systems benefit from stress or volatility—is interesting, sure. But isn't this just a fancy way of saying, "What doesn’t kill you makes you stronger," with extra jargon to make it sound profound? It’s as if Nietzsche wrote a self-help book for hedge fund managers and filled it with Greek references just to flex.

Speaking of which, Taleb is allergic to simplicity. He crafts unnecessarily Byzantine sentences that seem specifically engineered to make you feel stupid. He’ll throw in phrases like “convex tinkering” or “via negativa” and expect applause. Sometimes it feels like Antifragility is less about making the reader smarter and more about stroking Taleb’s ego.

Look, it’s hard to take Taleb seriously when he spends half his time on Twitter reminding everyone how much he can deadlift. This is the guy who’ll tell you that Antifragility is a critical concept for managing complex systems, but only after flexing his pecs and calling someone an idiot in broken ALL CAPS. Is it a philosophy or a gym diary? Who knows!"

> most ISPs are a subscription model, where you pay per month. This is normal most places. That's metered access, just on a longer timeframe than your willing to consider. But there's really no difference.

If you take a taxi, they have a meter, so they can charge you per distance travelled. So that's metered. If you give your mate $10 to drive you somewhere, that's a fixed fee. There's no meter running, so it's not metered.

By the same token, if you pay for an internet connection for each hour/ GB you use, that's metered internet. If you pay a fixed price per month for a connection, that's a fixed fee. There's no meter running, so it's not metered.

This difference matters.

Here in Aotearoa, the move from metered to unmetered internet is a big part of what made it affordable to the average person. The introduction of metered mobile data then created a 2-tier internet. Where some people have unmetered WiFi at home, and can use the net with no time or data limits. While other people can only use the net as much as they can afford mobile credit.

IMHO we need to be pushing for universalisation of unmetered internet. So coming up with better ways of metered internet doesn't excited me that much. Sorry.

Monero fixes this 😎

what have we become

Trump is President, and the Republicans won the senate and the house.

There is literally ZERO excuse for Republicans to fail to deliver on every single one of their promises.

most ISPs are a subscription model, where you pay per month. This is normal most places. That's metered access, just on a longer timeframe than your willing to consider. But there's really no difference.

Clever as the engineering undoubtedly is, I'm not sure the goal is worthwhile.

I remember the 1990s when access to *dial-up* net access was metered by the MB or by the minute. It took a lot of work to replace that with all-you-can-eat broadband. Going back to metered access seems like regression to me, not progress.

Clever as the engineering undoubtedly is, I'm not sure the goal is worthwhile.

I remember the 1990s when access to *dial-up* net access was metered by the MB or by the minute. It took a lot of work to replace that with all-you-can-eat broadband. Going back to metered access seems like regression to me, not progress.

I no longer think Austrian economics is "the most correct" school of economics.