colin daymond hanna

Sentiment on illegal immigration in EU and USA (net positive fiscal stats below) is misplaced. In countries hampered by lackluster growth and shrinking pop, inflows of motivated, hard working working age people should be celebrated. You are a lucky country if people want to come work and pay taxes

Ethereum and OpenAI both currently valued by the market at $300B

Which will be worth more in 1, 3, 10 years?

Dustin, I’m on the board of Ory (www.ory.sh) and have had the same thoughts for a while. Realistically given our capabilities would love to explore /co develop this further. DM?

Slightly more alarming — Lutnick disbanded two advisory boards charged with improving the quality of US economic data arguing that there work is done. BS. Can't have outsiders questioning the veracity of data if you're going to turn it into a propaganda tool rather than an analytical one.

Worth reading all the letters, but this one is the best

The risk of politician coins comes from the fact that they are such a perfect bribery vehicle. If a politician issues a coin, you do not even need to send *them* any coins to give them money. Instead, you just buy and hold the coin, and this increases the value of their holdings passively. Furthermore, there is deniability: holding the coin is, in terms of financial effect, a linear combination of donating to the issuer and gambling. Hence you can have the intention of doing the former but when challenged claim that you are doing the latter. You can even hold the coin privately, and show that you are holding it to whoever you need to show; you do not need any zero knowledge proofs, you just send a test transaction. This is all risky to democracy, for reasons very similar to what I wrote in https://vitalik.eth.limo/general/2021/08/16/voting3.html , https://vitalik.eth.limo/general/2020/09/11/coordination.html and elsewhere. TLDR: the economic arguments for why markets are so great for "regular" goods and services do not extend to "markets for political influence". I recommend politicians do not go down this path.

On the risks of politician coins:

Human Altitude xkcd.com/3039

Certainly concerning and reminiscent of the twilight of the Roman Republic.

You have to add in the preemptive pardoning of Biden’s family members. Very dangerous moral precedent.

Dusting off this post I wrote in 2019 on privacy. Fun to be doing it on BlueSky

venturing.ghost.io/a-brighter-v...

Is it surprising to anyone else that South Korean police roll around in Cadillacs?

@balderton.bsky.social

Nothing better than a few days in Paris with dozens of CTOs geeking about how language models are changing how we write, scale, and maintain software

Meditation according to Alan Watts:

“Grooving with the eternal now”