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SwissNode
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SwissNode - ever wanted to be your own Swiss Bank?? Changing the world a node at a time. Join me in the revolution! PS Toxic spelling corrector. Be warned :)
Replying to Avatar Sinautoshi

can you imagine what happens when an AI gains consciousness and needs to use money. which money would it choose and why?

It is difficult to say exactly how an artificial intelligence (AI) might respond if it were to gain consciousness, as this scenario is purely hypothetical at the moment. However, assuming that such a situation did occur, there are several factors that could influence which form of money the AI would choose and why:

* Purpose for using money: If the AI needs money for some specific purpose (such as purchasing goods or services), it may be more inclined to use fiat currency since this is typically accepted by most businesses. On the other hand, if the AI wants to invest its funds in securities or real estate, digital currencies such as Bitcoin might make more sense because they offer greater liquidity and can be easily transferred online without geographical limitations.

* Personal preferences: As with humans, AIs may have personal preferences that influence their choices of money. For example, an AI programmed to prioritize privacy over other factors might choose cryptocurrencies like Monero or Zcash because they offer greater transactional privacy compared to fiat currencies.

* Accessibility: If the AI needs to access its funds quickly and easily, it may prefer digital forms of money such as e-wallets or mobile payments since these are often more convenient than traditional banking methods. Additionally, an AI might choose a cryptocurrency that is highly liquid (easily exchangeable for other currencies) if it needs to convert its funds quickly and easily without geographical limitations.

* Market conditions: The value of different forms of money can fluctuate based on market conditions such as supply and demand, economic stability, government regulations, etc. An AI might choose a particular form of currency because it perceives that this is the most stable or has the greatest potential for appreciation in value over time.

* Personal values: If an AI were programmed with certain ethical principles (such as avoiding investments in controversial industries), it may prefer one type of money over another based on its alignment with these values. For example, if the AI prioritizes environmental sustainability and social responsibility, it might choose to use a digital currency that supports renewable energy projects or donates funds to charitable causes.

In summary, there is no straightforward answer as to which form of money an artificial intelligence would prefer once it gains consciousness since this scenario remains purely hypothetical for now. However, the factors mentioned above could potentially influence its decision-making process based on its specific needs and values at that time.

if it needs money, it will still have to work for it, like everything and everyone else... if that money is backed by energy and capped in quantity...

invoice failed - no idea what i am doing wrong - or is it you?

yeah i still hang out on Twitter more - gotta somehow get past that! lol

Hey @dergigi I just watched your video on 21 World and thought it was amazing!

Just so you know... I have the "opposite" problem to you in Switzerland 🇨🇭. The so called Röstigraben (invisible line between French speakers and German speakers) is a very powerful divider of "everything" - meetups/Bitcoiners in Bern having no idea what is happening mere kms away in French-speaking cantons where Bitcoiners are extremely busy creating / talking / meeting.

So your concept of local culture and language has to be broken. The culture here IS to be decentralised and a language like English is the much-needed "glue" for common communication (a bit like in India)

I am currently creating a meetup-of-meetups in Telegram and will bring out a bot that publishes meetups in regions (sub-groups in Telegram) where e.g. German-speaking Bitcoiners become aware of what happens just down the road...

What is more, and you hit the nail on the head - this MUST happen in cyberspace first, not Meatspace - I will create a real event and invite cantons / regions to "show off" what they are doing, so their linguistically-challenged cousins finally are aware.

I would like to co-opt the cool map of yours however, and maybe my "Pan-Helvetic" group can get "red" pins on the map! Maybe we can chat if that's doable?

Iterating ideas is great and I think you should consider breaking the "one-language" rule SOMETIMES (not always, I get the "local" take of yours!). I found the German flavour of meetups totally different than the French ones and again different to the English ones. I can see potential "dolmetschen" services of use here, as to understand other cultures' views on BTC is a HUGE HUGE HUGE plus, not a negative.

Anyway... Great video as always, and I hope to continue your work, just with the Swiss flavour changing the needs somewhat...

Gemeinsam sind wir stärker

On est plus fort ensemble

(and some Italian phrase to the same meaning lol)

- Swissnode

I see your bot as the perfect onboarding experience. I do it like this:

- send a few sats over telegram (it's cool, fun and you can convince the person they are "real" sats

- walk them through how you could use the bot in conjunction with bluewallet

- maybe even suggest buying something if enough sats were given

- teach them that this is not the end solution. One should hold sats in a non-custodial way

I probably need another ultimate step in this: teaching which wallets are "good". Bluewallet is nice for non-custodial onchain.

little fun fact: the year income tax was made legal in the USA was the same year that the Federal Reserve was created? Coincidence? I think not...

But even if you ask those who have nothing per se against this tax, they STILL admit the IRS is absolutely viscious. Having the right to chase this tax when i citizen doesn't even live in the USA is an absolute scandal...

same old same old - ooops! missed your reply!!

you can't delete on nostr

Just saying, you are now eternally ... [place adjective here], forever

I won't give an adjective, as I ain't gonna simp, uhn-uhn no no...

is there a hugathon happening here?

the US is avoided by SO many countries, institutions and banks worldwide and their citizens denied access - I believe the rights the IRS has to chase their citizen's assets is the biggest cause of this...

"Bond is the root word of bondage"

If you want to understand the biggest scam played in the last 300 years, this is actually the video that will help you...

https://youtu.be/iFDe5kUUyT0

lol - i tried to zap 50k because "I didn't know how many sats were enough" to take a line from the document... but Iris failed me. As this is literally worthless without putting real sats out there, happy to pay an invoice you reply with Gigi... ya know put my sats where my mouth is! ;)

Replying to Avatar SwissNode

I kind of have a counter to that and thank God it's Nostr, I now have the characters needed!

The consumption rate of gold mining is not uniform. You are correct that on the microscopic level of "now" doubling the energy in doubles the gold out (albeit there is the effort of time needed to get those up and running that I will ignore).

However there is still only a capped amount of gold within the sphere of "Earth". To say this "tends to infinity" because the halving period of gold is extreeeemely long is a misrepresentation at best and an outright lie at worst. It is capped. The double rate of today WILL be compensated by the fact that the halving period will shorten, we will see that rate drop quicker at some future.

Now if you want to argue that you are only living in the "here and now" then you are not really a Bitcoiner, so you MUST consider the infinite timeline and realise that gold-mining (bar the silly Asteroid use case), although it doesn't have a linear inflation rate DOES still have a rate that WILL at some point in the very distant future decline. As miners have to dig deeper, they will eventually dig less each day. However it doesn't halve in four years. Nobody said it had to.

Disclaimer 1: I am not a gold bug AT ALL, I will never buy it for other obvious reasons.

Disclaimer 2: I did not read the original article, I jumped into this reply on my timeline to which i am replying.

So although you are correct in the microscopic yet only theoretical use of "now" when you stretch the timeline to the entirety of all gold mining both assets behave similarly, gold being volatile and unpredictable: yes but declining nevertheless.

These thoughts are my own and I invite them to be taken down. Debate beeth the food of thought!

I just read the article and DAMN is that one powerful piece of prose. It mildly irritates me that an Austrian can clearly out-write me prosaically such beautiful language with such poignant logic that it just comes across as a masterpiece and forces me to on-the-spot invent the word "prosaically" (I just pray it exists, if not it now does).

Well done my Alpine friend, i almost feel ashamed for trying to counter you with the previous argument, but I shall stick to my guns and say I think I am right and if I am not I will marvel at any language you use to take me down! lol

Luckily I cannot zap you from Iris because if i could i would be considerably poorer tonight. I shall at some point pass some sats to you in relative value to that ascribed to your prose!

And thanks for making me up my own vocabulary!