Stock markets, budgets, funding, salaries, rental, house prices, fuel, travel, education, (even Bitcoin,) etc will all continue to be ‘all time highs’ - which isn’t a measure of growth or success; it’s a measure of less scarcity and greater dilution.
It’s simply a sneaky wealth transfer, away from individuals.
Matador: A Bitcoin-Powered (Lightning API) Passthrough Server
Perhaps.
What still surprises me is how passive the world was in general about quite literally accepting being coerced or forced to accept an untested rushed and questionable effectiveness injection. Even over a 24 month time frame, sanity went out the window and common sense aborted. And how little accountability we know we will ever see.
Not one person I know trusts their government or representatives. Yet… throw in abuse of a few emergency laws, and some financial gain with ‘get rich quick’ Pharma, and a media campaign pushing mass fear - and we’ll you get a flock of sheep, herded by 1:100,000th the number of sheep dogs. Insane efficiency in control to effort ratio. Insane.
The push for control (as opposed to liberty and freedom) is incredibly biased toward governments today. Technology made this worse. ‘Comfortable enough’ breeds apathy and prisoners who self-police - as opposed to ‘do what’s right for you’ (and not malicious).
Expecting an active push back at enough scale is a very far way off from happening again. Look at the Hong Kong riots… state will win long term. Teacher and union protests may squeeze out an extra 1% salary.. when the officials have budgeted for 3-4%. Any country with insane inflation or recent bankruptcy - no real people’s outcome.
People are just too ‘busy’ to expend energy outside of their comfortable enough existence. Global equality growth (poverty decline) is making this worse. Trends are not in favour of people’s led revolutions this century.
What has truly stagnated is our ability to propose and collaborate on new and better systems - new political, governmental, financial, social, etc. the broken ones hold fast to protect themselves like a fortifying parasite, while the competition dies out or trails it’s ability to ‘catch up’ - it’s too slow.
Definitely progress on the fringes and in small pockets - yet it’s worth pondering for a while why the above happened and what’s next?
I link it to broken systems where incentives are wrong and bad entities have armour and too big to fail properties, the fact the system’s own protection mechanism largely sits on top of being too large + complex + intertwined for any alternative approach’s adoption strategy to be cost or time effective.
Coupled with a significant over bloated legal system that makes much of what could be innovated gray or illegal - an example being private communities and roadblocks to their experimentation and existence.
My pain point is the effort and time to exhaust these horribly conceived systems is now a frame of centuries - when it could (read: should) be decades. During the past few hundred years - it was only decades… and we’ve since built a nightmare that refuses to evolve.
Have global bio-labs tightened access and security / contamination procedures - and ideally reporting of accidents or early reports of contamination leaks?
A sane modern journalistic system would be focusing on monitoring this non-stop until results - regardless of if Covid was a lab leak… we obviously need controls due to the very obvious risks of playing with fire.
“Our main new result is to show how to securely combine the techniques used in FROST and SPRINT, allowing one to build a threshold Schnorr signing protocol that (i) is secure and robust without synchrony assumptions (like SPRINT), (ii) provides security even with an unlimited number of presignatures, and (assuming unused presignatures are available) signing requests can be processed concurrently with minimal latency (like FROST), (iii) achieves high throughput (like SPRINT), and (iv) achieves optimal resilience.”
Introducing the new Phoenix, a 3rd generation self-custodial Lightning wallet.
Splicing changes the game: single dynamic channel, no more 1% fee on inbound liquidity, better predictability and control, trustless swaps.
Government currencies are subprime.
Fiat: The balloon 🎈 economy circa 1900/2000.
And pooled investments across pooled fiat exists today — the key difference is that they are funds and investment holdings — not a currency held by people on mass that preserves and grows wealth.
They important part is that the people’s individual wealth is held in a way it doesn’t lose value and it tired to real global growth - not inflated local currencies.
They system was setup to (have high control over) extract wealth from its people, yet it’s sold as a way to stabilise an economy - yet it always seems to be out of control? And accelerating in frequency and volatility?
#Bitcoin will become more stable and reliable than global fiat averages - and that will be the final tipping point. And by stable I mean downward volatility and loss of value.
The reason why index funds work so well (lower risk to reward, especially in a relative sense to the market) is because you back the largest N with highest growth - now imagine that exists across global fiat currencies. The best growth regions will buy/invest more, while the slower/stagnating will sell - however gainers are larger than decliners in relative value.
When a company tells you how and what to share on their centralised platform… don’t waste your time. nostr:note1r7jjjtq7ac92647qgnwlemv2vudefumjd9luxhjfl5dcfl5asl8qps5dz0
Same monkeys, different zoo. nostr:note1zeqkdqueejgva7flrmnv7azrwgn82l8e5xezyq938ztq4sjhfjzsmfahjv
The internet is already the metaverse.
The more we rely on it, the more reality and the metaverse become the same thing.
Some kind of visual projection (headset) is only a layer on top - it’s a new UI/UX for the the exact same metaverse.
Use ML to create a scientific paper with supporting reference papers (new or existing) and data, with pretty images and graphs, that’s intended to support a pre-defined argument or position - without having ever performed any science or double blind tests.
The paper can be written in a very persuasive fashion to hide or smooth over any obvious counters or expected criticisms.
A counter point could be that we can just use machines / ML for good or to identify these types of attacks.
However there is an economic issue - what’s the monetary incentive to fund the automated identification, and secondly any automated identification will be biased and be statistical probability - no real difference to social feed algorithms.
I’m unsure if even you control your own ML modelling it will be suitable.. perhaps it could work for some time as portable compute and local personal ML models shrink.
If I look at my LinkedIn today, I’d wager 20% bots. Twitter none as I stopped using it - likely similar.
I think a single verification weak link is best case, and dozens is more reality. My Nostr network reach is 20,000 (2nd degree) and my 2nd degree following is 7,000. Each of those have their own 10,000s of possible weak links.
For small networks like Scuba Divers Egypt, sure, it can work. For larger social networks it would seem unlikely to work - especially when it can happen over months or even years - computers have infinite patients.
It the root issue is still that I can be impacted so significantly by mis-steps from my trusted network. And the ability to climb a network trust is actually very trivial if it has incentives.
Think of a Google maps business that gives a small gift and asks for 5 stars for a special discount or photos of your activity. It can all be gamed - and trust ranks breached by manipulation. NPS is also easily manipulated by businesses when they have KPIs and bonuses tied to them.
If I look at my LinkedIn today, I’d wager 20% bots. Twitter none as I stopped using it - likely similar.
I think a single verification weak link is best case, and dozens is more reality. My Nostr network reach is 20,000 (2nd degree) and my 2nd degree following is 7,000. Each of those have their own 10,000s of possible weak links.
For small networks like Scuba Divers Egypt, sure, it can work. For larger social networks it would seem unlikely to work - especially when it can happen over months or even years - computers have infinite patients.
It the root issue is still that I can be impacted so significantly by mis-steps from my trusted network. And the ability to climb a network trust is actually very trivial if it has incentives.
Think of a Google maps business that gives a small gift and asks for 5 stars for a special discount or photos of your activity. It can all be gamed - and trust ranks breached by manipulation. NPS is also easily manipulated by businesses when they have KPIs and bonuses tied to them.