The benefits of remote work are undeniable. I also think it's undeniable that you can maintain high-productivity with a distributed workforce. The one thing I constantly worry about, is whether the increased social isolation contributes to decreased social trust, and that has a negative drag on mental health, and our ability to maintain a clear perspective on the world.
I am not saying I necessarily believe this to be true. But I worry about it from time to time.
They will both do terribly with each other. Because LLMs are not really capable of the model-dependent reasoning that that a game like Chess relies upon.
I think you might be right!
The thing that dispirits me is those who laugh this situation off as irrelevant to bitcoin. The belief that fiat liquidity does not matter at all to bitcoin’s utility, when the dollar remains bitcoin’s unit of account, and the presence of deep liquidity markets actually lowers the risk of holding bitcoin, which in turn, makes utility uptake in bitcoin payments easier — is an endlessly frustrating attitude I see within the bitcoin world. People laugh this situation off at their own peril.
I think we can rebuild. But it’s going to be a tough slog. I am definitely deeply distressed by all this. But I am not dissuaded from the belief that we can recover.
Even then, I would say that we hamstrung ourselves and made the environmental issues even easier to hit us over the head with, by taking the broad-based stance we did. I say this as someone who has been personally involved in a lot of this.
It’s hard to prove a counterfactual. But I think separating bitcoin out narratively, could have potentially helped the formation of more favorable legislative progress, in particular.
The biggest mistake they made, in my opinion, was joining forces with the shitcoin brigade, and defending the unregulated securities scams on libertarian, market-maximalist grounds. When instead they should have been making the case for bitcoin and stablecoins separately and forcefully. And probably throwing those other things under the bus, more deliberately.
Provenance of identity is a far deeper concept, however. All a private key proves is you hold the key. It does not prove it hasn’t been compromised. It doesn’t even prove that there’s a real person, or the person who claims to be behind the key. Provenance is about creating real proof, in various ways, to establish that.
Will check it out!
Political viewpoints not aside, anyone who would make excuses for this kind of tyranny, is an enemy of humanity and history. Sorrynotsorry.
I think there’s decently good solutions to protecting things like photography, video and creative content, using TPM technology, cryptographic signing and having clearing houses of authenticity. But I think we are going to need a robust decentralized identity infrastructure to avoid this all becoming walled-gardens all over again.
🫂
One frontier of new business opportunities in the generative AI world is going to be around provenance services. Vouching for authenticity. It’s actually critical the market develops solutions, here. If I was thinking of doing a startup, this would be near the top of my list in terms of nuts to crack.
I’m not calling it a crash. I’m just saying the correlation broke down.
This dramatic and violent de-correlation with gold, is why I warned people last week to not buy *too easily* into the narrative that bitcoin's price move was the beginning of an exodus from the banking system.
25bps.
No. He warned of the risk of a pandemic. The nuance of that is an important distinction, here.
Anybody who is confident what the world will look like in 5-10 years, is a soothsaying phony.