pull down to refresh
17 sats \ 1 reply \ @halalmoney 2h \ parent \ on: What finally pushed you to start opting out? FiresidePhilosophy
Interesting. I’ve noticed the same with people I know. They simply don’t have the time to look into Bitcoin properly and end up regurgitating headlines and FUD because who likes to admit that they don’t know about something which is mentioned in ‘mainstream’ news.
If you have a big gap between income and expenditure life is pretty good here.
Just live in a nice area, own hard assets and don’t lose your income.
If the following quote is correct you should focus less on your energy levels and motivation and more on the systems you use regularly.
Habit expert, James Clear said, “You do not rise to the level of your goals, you fall to the level of your systems”.
I know lots of good people who, for various reasons, rent their homes. So, I would use the Bitcoins to buy homes which I would then rent out to these people on a rent to buy basis - all denominated in satoshis, of course!
Hilarious and informative! 🤣🫡
Big L losertarians whose entire identity is wrapped up in being ineffective hipsters would seem to prefer letting the status quo of disaster continue on and getting worse rather than fighting back by speeding up the process with a controlled demolition.<
Then: Bitcoin is a speculative bubble. Avoid. I am concerned for you.
Now: Don’t self-custody your Bitcoin. I am concerned for you.
Nice share. Thanks.
‘The AI bubble wobbles more precariously by the day. Some bubbles, like that of the dot-com crash, end up being positive in the long run, despite the short-term economic pain of it bursting. But some, like the 2008 housing bubble, leave permanent scars on the economy and can knock an entire industry off its growth trajectory for years. To date, the U.S. housing industry has not recovered to pre-2008 growth trend lines, a major contributor to the housing crisis gripping the U.S. That is the fire that the tech industry is playing with today.’
It’s amazing to me that someone wrote such a long article about this.
I quite liked this bit though:
“What Apple showed regarding the upcoming “personalized Siri” at WWDC was not a demo. It was a concept video. Concept videos are bullshit, and a sign of a company in disarray, if not crisis. The Apple that commissioned the futuristic “Knowledge Navigator” concept video in 1987 was the Apple that was on a course to near-bankruptcy a decade later. Modern Apple — the post-NeXT-reunification Apple of the last quarter century — does not publish concept videos. They only demonstrate actual working products and features.“
Wow!
“The research suggests that the brain doesn't simply process one word at a time, but rather maintains a complex, multi-layered representation of information throughout the language production process. This understanding could potentially inform the development of more sophisticated AI language models and enhance our ability to create brain-computer interfaces for communication assistance.”
Create a compelling reason to remove cash from banks > bank runs lead to an economic crisis > roll out the Euro CBDC as a ‘solution’.
Corporate miners should move to where the puck’s going to be (halving of block subsidies) and premise their operations on stranded energy.
“This newly proposed dark matter candidate would not only be lighter than existing hypothetical suspects, but it would also be self-annihilating. This means that when two particles of dark matter meet, they destroy each other and create a negatively charged electron and its positively charged equivalent, a positron.
This process and the flood of electrons and positrons would provide the energy needed to strip electrons away from neutral atoms, a process called ionization, in dense gas in the center of the Milky Way. That could explain why there is so much ionized gas in the central region called the Central Molecular Zone (CMZ).”
Fascinating!
“Establishing trust in this environment requires something more substantial than our solemn word that THIS time, unlike the previous million times in the training data, we're TOTALLY going to honor our commitment. Game theory offers insight here: for cooperation to emerge in environments swimming with deception, there needs to be some reliable signal that separates honest actors from the hordes of promise-breakers. "Cheap talk"—promises that cost nothing to make and nothing to break—fails this requirement.
What works instead is costly signaling—actions that would be irrational for dishonest actors to mimic. When someone actually bleeds a little to demonstrate trustworthiness, they create what game theorists call a "separating equilibrium"—a signal that only those who genuinely intend to cooperate would find worth making. A classic example is companies offering money-back guarantees that would be financially devastating if their products were actually low quality—only firms confident in their products can afford such policies.”