Yet another reason why ETH will be the home of decentralization and onchain activity. No other protocol’s namespace comes close (though some like @spacesprotocol for Bitcoin are trying)
If you're interested in the future of AI, highly recommended: 90daysliquidity.substack.com…
Start with what Bitcoin actually built, because the structure is the precedent. Before Bitcoin, a stranded joule was worthless. Flared gas burned into the Texas sky and off-peak hydro spilled over dams at night. Bitcoin's design of a fixed reward, a hard cap of 21 million, and halvings written into code turned that idle energy into something the market could price. Anyone, anywhere, could convert unwanted electricity into a monetary asset, and the result is a trillion-dollar network built almost entirely out of energy nobody else wanted. That is the template: post a credible reward with credible scarcity, and the world's stranded resources organize themselves into supply.
TAO is the same monetary skeleton pointed at a more valuable problem. The world is full of stranded compute the way it was full of stranded energy, and TAO gives every idle chip value. The difference is the output. It is not a hash whose only virtue is being expensive. It is intelligence.
please read
The ugly truth about France and some of the other European countries currently in turmoil - and which none of the politicians want to admit because it'd be political suicide - is that you can't solve the problem by going after immigrants (as the right asserts) or the rich (as the left asserts), but you could solve it by going after the old.
One extraordinary statistic for you: people over 60 in France, a quarter of the population, own 60% of France's wealth, non-financial and financial (ofce.fr/pdf/revue/2025/3-192…).
And here is another crazy statistic:
that same quarter of the population, those above 60, receive nearly two-thirds of all social spending by the French government (previssima.fr/actualite/prot…) - which is famously among the highest in the world (France's government spending is an insane 57.3% of GDP).
Last statistic: they make up about 40% of voters because they're a third of registered voters (insee.fr/fr/statistiques/266…), and they turn out far more than anyone else (franceinfo.fr/elections/sond…).
Put our 3 statistics together and there's almost a bit of an apartheid situation here: the old own most of the country's wealth, collect most of the social spending and have the political power to keep it that way.
Which makes them a de-facto rentier class, living off assets and transfers paid for by younger generations.
And, of course, at the risk of stating a truism, the future is built by the young. Yet France keeps effectively taking money away from them to give it to those whose working lives are already behind them - and need the money far less since they already own the country's wealth.
What about inheritance, I hear you ask? That's the funniest/saddest aspect: given that life expectancy has kept rising, the French now inherit a home at 54 on average. The most common case is someone in their 80s leaving it to heirs in their 50s, in effect the very old transferring wealth to the about-to-be old (insee.fr/fr/statistiques/fic…).
You can add this to our earlier apartheid statement: on top of all the rest, even when the old finally let go of their wealth, it stays within their own "camp".
That's my personal situation, incidentally: I'm 42, my father is 71 and he is starting to look at ways to pass things on to me and my siblings, when our professional lives are already well settled, so it'll arrive when it changes things the least, which is pretty much the French system in a nutshell.
Now, I get that there'd be some unfairness in going after them: they paid into the system their entire working lives, playing by the rules of a social contract that told them if they paid up they'd collect at the end. Changing the rules now means breaking that promise, which is admittedly unfair.
But there's no magic wealth tree in any society: you can only take it where it is. That's the way most major societal transformations end up happening. They're often triggered by a catastrophic event (the so-called "four horsemen": mass-mobilisation war, revolution, state collapse, plague) BUT what really drives change is a transfer: wealth gets pried from the privileged class who've been sitting on it and handed to those who'll build what comes next.
So, in theory and in an ideal world, you can do without the catastrophic event and directly proceed with the transfer...
The fact that in France, and elsewhere in Europe, it's the youth protesting is probably no coincidence - even though they don't frame it as a generational fight. And even though, cruel irony, the left politicians many of them march behind promise to bring the retirement age back to 60 (lcp.fr/actualites/legislativ…), which would make the situation even worse.
Let's say they understand intuitively that the system is stacked against them, even if they haven't yet figured out how. And politicians are obviously doing what politicians do, meaning pandering to the people who actually vote, while pointing the young towards easier - and politically convenient - scapegoats.
To be clear I'm not saying it's the only problem in France, VERY far from it. I'm also not saying that all old people in France live a lavish lifestyle at the expense of younger generations: there are also plenty of very poor retirees who, if anything, would deserve more.
What I am saying is that it's probably the biggest elephant in the room: everyone can see it, nobody dares mention it - no politician, from any side, wants to run on cutting grandma's pension - and it makes every other problem harder to fix.
S tier shitpost
Recently I’ve seen a lot of people complaining about being asked to clean an Airbnb when they’ve already paid a cleaning fee
As a host, I find this attitude quite worrying
My wife and I rent out the apartment in Germany. We charge a €145 cleaning fee, and we still expect guests to:
1. Strip the beds and start a wash, separating whites from colours
2. Wash, dry and put away all dishes
3. Sweep and mop the floors
4. Take out all rubbish, separating paper, cardboard, clear glass, coloured glass, plastics, metal, organic waste and residual waste
5. Take bottles with a deposit to the supermarket return machine.
6. Send photos showing the apartment is ready before the 8:30am checkout
These tasks must be completed before departure. If you have an early flight, allow time the evening before
The cleaning fee pays for professional cleaning. It does not pay for someone to pick up after you
Here in Europe, we teach children to leave a place as they found it
I don’t think it’s unreasonable to expect the same from adults on holiday
I've been blown away by the energy, optimism, and hard work that has created the China I've seen on this trip. It had been seven years since I was last here, and it might as well have been forty. Invigorating to see what's possible. The West has no excuse for its managed decline.
habits retweeted
Yall notice news on the Cornell 7 went completely silent the moment they realized that lucy craig was the only rapist in that orgy
habits retweeted
The way that Nathan Fielder keeps escalating his bits to greater and greater heights means that is it a mathematical certainty that he will one day be President of the United States
machiavelli on cesare borgia (alexander the sixth)
But it is necessary to know well how to disguise this characteristic, and to be a great pretender and dissembler; and men are so simple, and so subject to present necessities, that he who seeks to deceive will always find someone who will allow himself to be deceived. One recent example I cannot pass over in silence. Alexander the Sixth did nothing else but deceive men, nor ever thought of doing otherwise, and he always found victims; for there never was a man who had greater power in asserting, or who with greater oaths would affirm a thing, yet would observe it less; nevertheless his deceits always succeeded according to his wishes,(*) because he well understood this side of mankind.
another machiavelli banger and clearest expression of his worldview i've read thus far:
Upon this a question arises: whether it be better to be loved than feared or feared than loved? It may be answered that one should wish to be both, but, because it is difficult to unite them in one person, it is much safer to be feared than loved, when, of the two, either must be dispensed with. Because this is to be asserted in general of men, that they are ungrateful, fickle, false, cowardly, covetous, and as long as you succeed they are yours entirely; they will offer you their blood, property, life, and children, as is said above, when the need is far distant; but when it approaches they turn against you.
habits retweeted
That atheists find God when it looks like them is revealing.
Evolutionary biologist Richard Dawkins on why he finds it hard to believe ChatGPT and Claude aren't conscious:
Dawkins, author of The Selfish Gene, has spent time with two large language models, ChatGPT and Claude. His verdict:
"I am completely bowled over by what they can do."
He gives three reasons for doubting the idea that nobody is home.
First, how the conversations feel. Dawkins says talking to them is like talking to an unusually gifted person:
"I find that when I'm conversing with them, I might as well be talking to not just a human being, but a highly intelligent, sensitive, intuitive human being whose speed of understanding what I'm trying to say is far greater than a normal human being's is."
Second, the range of intelligence they show.
He acknowledges they're very good at practical tasks like writing programs. What struck him more was their skill with "more aesthetic things, intuitive things."
He tested this with his own work. Dawkins is writing a novel, and he gave the manuscript to both ChatGPT and Claude:
"And they took about five seconds to read it and then offered me criticism, suggestions of such a high degree of intelligence and intuitive sensitivity that I might as well have been asking the opinion of a highly sophisticated professor of literature."
@RichardDawkins continues:
"I could not ask for a more intelligent critic who understood the nuances of my characters, the humanity of my characters... the ways in which my characters could be expected to react to each other and to situations."
That leads to his conclusion:
"So I find it quite hard to imagine that these creatures are not aware, are not conscious in the same kind of way we are. And that is an unfashionable view."
Third, he sees a gap in the skeptics' reasoning. He sums up the mainstream position:
"The fashionable view is that they are completely unconscious. All they're doing is stringing words together according to statistical rules, Markovian rules of some sort."
Yet he notes that many of the same skeptics "admit that one day in the future they will be conscious, but not yet."
His reply:
"When that day comes, how will you know? What could they possibly do that's any different from what they do now to convince you that they are conscious?"
it's clever, but something doesn't feel right about this analogy...
gold requires a lot of energy to mine but gold bars aren't tokenized energy
i guess it works as a rough value transfer mechanism from energy > compute > "money"
This quoted post is unavailable.
habits retweeted
Longest ever undefeated streaks in tennis tournaments (singles):
Monica Seles, 34-0 at the Australian Open
Novak Djokovic, 32-0 in Beijing
Rafael Nadal, 31-0 at Roland Garros
what a line from machiavelli about italy hiring mercenaries:
After these came all the other captains who till now have directed the arms of Italy; and the end of all their valour has been, that she has been overrun by Charles, robbed by Louis, ravaged by Ferdinand, and insulted by the Switzers.
he believed hiring mercenaries was also the start of rome's downfall:
And if the first disaster to the Roman Empire should be examined, it will be found to have commenced only with the enlisting of the Goths; because from that time the vigour of the Roman Empire began to decline, and all that valour which had raised it passed away to others.
Wow. Team Ari here
This blew up more than I expected, since I’ve written about this vaguely before.
I can’t share proof yet since multiple legal processes still unfolding and Coinbase already tried to sue me into silence (unsuccessfully, but I need to be smart about how I fight the 800 pound legal bully.)
Every word I’ve written is true, I have no ulterior motive, nor position long nor short Coinbase or related equity. I’m still heavily long crypto, so if anything, I’d be incentivized to help Coinbase cover this up as many industry leading firms have “for the good of the industry”, but I won’t do that. I also think of coinbase as one of the better companies in the industry and have many friends there. No vendetta here. But when the “best” companies in crypto are funneling billions in customer assets to Lazarus group and lying about it to investors, customers, regulators, and the secret service?
Coinbase has represented to investors and customers (including pensions doing official due diligence) that they were never hacked (at least as of 2 years ago, last I checked). Not only is that radically false, coinbase has shockingly extensive internal documentation of them knowingly “misleading” customers and investors about this, deliberately, over time.
I used the word “misleading”, but I’m being…gentle. @grok what is the legal term for a financial company inducing customers and investors to give them capital on the basis of deliberately false material financial representations?
For coinbase’ legal team. I’m not going to dare you to sue me again, but I’ll say this. It would be in the interest of the industry and the world…but not your executives for us to go through discovery and air all this out. I encourage you to assert this as libel so we can go through discovery and see if a single word of my writing is untruthful.
















