Know Thyself | Everything Voluntary✌️ | Follow the Tao | #npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz
Joined March 2009
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Money is the foundation of the structure of social cooperation, and you cannot straighten the upper floors of a building whose foundation is sliding.
Michael Matulef retweeted
Interest on the federal debt now runs higher than the entire military budget. Not procurement, not one branch, the whole thing. @MichaelMatulef on a line item that grows whether or not anyone in Washington wants it to. soundcloud.com/misesmedia/yo…
Michael Matulef retweeted
Issue #677 of Your Daily Bitcoin Breakdown newsletter is now live! Check out today’s top stories and a sneak peek at the latest Insights & Analysis and Tools & Projects sections.
Full issue available here: btcbnews.com/677
You Are the Collateral, Forty-Three Cents on the Dollar
My latest with @mises
mises.org/mises-wire/you-are…
The K-Shaped Economy Is Not in Your Imagination
My latest with @mises
mises.org/mises-wire/k-shape…
The highwayman takes solely upon himself the responsibility, danger, and crime of his own act. He does not pretend that he has any rightful claim to your money, or that he intends to use it for your own benefit. He does not pretend to be anything but a robber...
There is no means of avoiding the final collapse of a boom brought about by credit expansion.
43 cents of every income tax dollar now goes to interest. Your labor is the collateral on loans you never took out, pledged by people who already spent the money.
#NothingStopsThisTrain
The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - @mises
43 cents of every income tax dollar now goes to interest. Your labor is the collateral on loans you never took out, pledged by people who already spent the money.
#NothingStopsThisTrain
Storytelling's marginal cost is falling to zero. Value migrates to judgment.
Gatekeepers never guarded talent. Talent was always abundant. They guarded access.
Now access is free, and the only scarce asset left is what no model can generate: knowing what moves us, and why.
humanity cannot be removed from art.
it *is* the art.
every thoughtful shot here is a human decision. the machine is just an execution layer.
it serves the person holding it and the person watching.
AI will never know what moves us better than we do.
and yet, we will use AI to tell stories at a scale no generation before us could ever imagine
The fundamental political question is why do people obey a government. The answer is that they tend to enslave themselves, to let themselves be governed by tyrants. Freedom from the refusal to serve. Tyrants fall when the people withdraw their support.
- Murray Rothbard
Michael Matulef retweeted
Huge thanks to @stephanlivera for having me on to discuss the dice rolls research & recommendations that I recently published.
It's an important topic but it is NOT a hard topic.
Hopefully this convo and the writeup help some people level up their knowledge and confidence.
Dice Rolls, Entropy, and SeedSigner | Keith Mukai SLP766
@keithmukai of @seedsigner joins to explain why 1.4 percent variance in cheap dice still delivers full 128-bit entropy and how to verify rolls across devices.
Timestamps
03:10 — Cheap Dice Only 1.4% Unfair?
06:29 — Shake Multiple Dice in a Box
08:26 — Verify Dice Rolls Across Devices
11:02 — Verify Dice Seeds With Fake Rolls
13:50 — Multiple Test Rounds Foil Attackers
16:36 — 90% Users Choose Easy RNG Mode
19:08 — Jade's D&D Dice Method?
21:53 — Build Your Own: Avoid Mailing List Leak
24:48 — Stateless Device vs Evil Maid Attack?
26:45 — Hand-Drawn SeedQR: Skip Typing 24 Words
29:02 — SeedSigner for Long-Term Cold Storage?
31:30 — Evil Maid SD Card Swap
35:27 — Why Multisig Beats Single-Sig + Passphrase
37:14 — Scan Sparrow PDF QR to Load Multisig
42:16 — No One-Size-Fits-All Security
46:41 — Understand Dice Rolls Yourself
49:13 — Take Baby Steps to Multisig
"Every man must have freedom, must have the scope to form, test, and act upon his own choices, for any sort of development of his own personality to take place. He must, in short, be free in order that he may be fully human."
— Murray N. Rothbard
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.
- Mises
