There's a watermark still and that card on the table is a little wonky but how bout that!

I don't know why the future wouldn't just look like this:

You are an expert UI/UX engineer and pentester. Go to stacker.news test the login process. For every test you run, log your inputs and expected vs. actual outputs. Identify edge cases and vulnerabilities. Adopt the roles of new user, returning user, and adversary. If you find bugs and vulnerabilities, reason from the codebase on what may be causing it, then create a github issue to address that bug/vulnerability.

Yup. The thing is for some projects a BIP number is more like braging rights more than anything.

@SimpleStacker may have mentioned it in that post, but when you introduce money and side payments, you can solve some of those impossible problems.

What would be evidence that SN actually is solving this problem?

https://stacker.news/SimpleStacker#research-in-public, obvi

How can we use SN's particular solution to the problem to influence the SN brand?

I think it already does influence the brand. From what I can tell, users who like to write are attracted to SN. This makes sense: you get rewarded for writing.

That being said, I imagine the percentage of people who like to write, or to read long writing, is pretty small. That's why every social media trend has been to go after the people with lower attention spans.

Regarding solving things with a market, I am wondering what you are trying to solve. It needs to be understood that the users on Tik Tok are not Tik Tok's customers. Tik Tok's customers are the advertisers. So the market is really between content creators and advertisers, with TikTok providing the market infrastructure. The viewers are like an environmental variable.

On SN, the marketplace is between posters and readers (with the understanding that everyone is both sometimes a poster and sometimes a reader.)

They are fundamentally different markets, so much so that I wonder if it's even appropriate to compare them as being in the same business.

My fear is that SN is trying to solve an impossible problem. If there's anything thing worse than a Brand Age, it's an Impossible Age.

Perhaps markets are the best approximate solution to such a problem, but I wonder if markets, within this domain, improve upon the dictatorships and communism of other solutions (at scale), and improve them enough to earn a golden age. We'll find out.

why the future wouldn't just look like this

That's what it looks like now on the bleeding edge. The problem with it is that because you didn't spec what you want, but just put some generic slop, the test will be generic. And since no one specs what they want, everything will be generic. And generic is boring; it will cost you customers.

I was clicking around on the link I shared in my other comment a bit to make sure I was sharing the right tool, and I found this gem:

Remember pip install numpy does not mean you will get the latest version;
it means you are OK with getting whatever version you get 😉

So if you wanna just let the AI decide, then it means you don't care what you get. Over time (and at 1000x dev speed that means in about 3... 2... 1... now) the only thing remaining will be slop. There will be nothing because you didn't spec anything. You're okay with whatever.

Remember, Trump is all knowing. He plays 3- D chess while everyone else is playing checkers. ( sarcasm)

That's very theoretical though, and it usually requires that all the possible outcomes can be listed and ranked and assigned values over. For something as nebulous as "what a user wants to see on social media, and how that affects the rest of society", it's not obvious how to implement the optimal set of side payments to make everyone better off.

But that being said, just because it's impossible to meet a certain set of optimality criteria, doesn't mean we can't meet a weaker set of optimality criteria.

The question is: Does this type of news force Trump pivot in Iran? Or the larger question, can we pivot?

I believe the cryptoeconomics argument is that

• banks do not create money, they create money substitutes
• fractional reserve banking is an inherent aspect of all lending

I agree that the argument feels like a nitpick -- "fractional reserve exchanges didn't increase the supply of bitcoin, they increased the supply of claims on bitcoin" feels like a trick.

However, I am convinced of the argument that exchanges (or banks for that matter) cannot create infinity claims on bitcoin. They are still constrained by real settlement when it happens. So while they can affect price by increasing the number of claims on bitcoin, they are limited in their ability to do this y the necessity of maintaining some percentage of real bitcoin in order to meet withdrawals.

Is Voskuil arguing this to demonstrate that fractional reserve banking is inevitable? That fractional reserve banking is caused by lending, bank or no, and money printing is just an effect?

Yes, I believe the argument is that fractional reserve banking is necessary for growth -- which kinda implies that it is inevitable. But he would disagree that banks engage in money printing.

The argument is that banks/exchanges create credit/claims on bitcoin. And this is different than money because exchange balances never settle for the full balance (there's always a withdrawal fee or something which, even if slight, is tantamount to a discount on the value of the balance).

So I think that saying what fractional reserve exchanges are doing is creating credit and not money printing is not a nitpick. It's a real difference.

I suspect Voskuil's larger point here is that he wants to defend the concept of fractional reserve banking. He doesn't see that as the source of problems. He sees government control of money supply as the source.

And the superprompt does seem to work pretty well to get the bot to be self-actualizing.

For example, if I ask regular Claude to tell me how to edit the openclaw config files to do X, it won't do as good of a job as if I ask the clawbot to edit its own files to do X.

That self-sufficiency aspect of knowing how to operate itself is pretty interesting. It's like the brain is actually connected to the hands and feet, so to speak.

By the way, I got my clawbot set up on a VPS.

It's... cool, I guess. At least now I understand what the thing is , and what it's doing under the hood. Can't think of a major use case for it right now though, that claude code and claude chat couldn't solve.

Kinda cool that I can message it on Discord and it'll operate on files in a machine though.

Hey @OneOneSeven, could you add the SN cap to my avatar and a background? The background can be from a saloon.

This is useful, because I do a lecture in my class where we work through the equilibrium effects of an increase to labor productivity, and we show (under the model assumptions), that the effect is primarily to lower commodity prices and increase commodity output, while the labor market (employment and wage rate) actually doesn't change.

This is against the students' intuition, as the students instincts are to think that if workers are more productive, you need fewer workers to make the same output, thus you will hire fewer workers.

It's the classic problem of treating a variable as fixed (output), that you shouldn't be treating as fixed.

Nice to have some early empirical backing for my ideas.

darnit. i took too long writing about this article and got scooped by @k00b

#1449039

damn I didn't see this comment until now. Thank you! I thought it would be a fun idea to keep track via block times as I watched them tick tick tick so I'm glad to see the idea get some appreciation.

I used to spend an unholy amount of time playing Fallout games (New Vegas & 4)... an aspect I really enjoyed was modding. I ended up doing a "propaganda posters" mod for FO4 to give the player, at least aesthetically, more freedom in how they want to position the faction. A bunch of those posters ended up taking a lot of cues from 1984.

Thanks for featuring my essay, btw! :)

anyone here is the owner of a bitcoin only goods or service company? Im interested to know how you make the accountability for your control. Is it more changelling make it using sats than fiat? considering that you have suppliers, partners, clients and employers handling fiat.

Haha "under the hood" from my previous perspective of zero knowledge.

I now understand that it is a process that runs a gateway service exposed on a port. That port can receive messages, which it routs to a LLM using an API key you set up. It doesn't route the message directly to the LLM though. It probably does a couple of things first, like get the LLM to read the prompt to figure out what files it needs to read for more context and what commands it might need to run on the machine. So openclaw is the software that orchestrates between these calls to the LLM and what's happening on the machine.

It does other stuff in the background too. It runs a regular heartbeat check which is a call to a LLM using whatever is in your HEARTBEAT.md. It's got other markdown files (IDENTITY.md, SOUL.md, etc.) that sets up its personality. It keeps some working memory of your sessions so that past interactions persist. It's got a bunch of config files that let you set permissions, access tokens, and other access/restrictions.

It's equipped with instructions for how to operate certain APIs, like a Discord API. You have to set it up with your Discord bot token and manage some of the connections.

I'm not sure if there are other projects out there like this, but probably one reason it got popular is that it has a pretty comprehensive setup and onboarding wizard. So getting started is easy. I did encounter a few bugs along the way, but nothing that a little googling/LLMing couldn't figure out.

1. size. growth. Peeps who worry about those things (algos, trad social media problems) would show up in size.
2. No clue. Shitcoiners had a ~monero territory for a while but then they got bullied out.