kabloom.eth

ChefGPT & the Web3 Cookbook Unscrypted · Episode

Catch me yapping on the Unscrypted Podcast –

👨‍🍳 🫡 doing something for devs
⛓️ 🛤️ blockchains as railroads
💻 ⛏️ dev tools as pickaxes
🤖 🦸 the superhero origin story of cookbook.dev's chatbot, ChefGPT

open.spotify.com/episode/7iZW...

I’m an $XRP hodler and have been for 6+ years and even I’m not sure if Ripple is actually useful for anything other than spawning TikTok hype videos

So our national proof of work infrastructure will be our antlers – the whole world will be able to see them online and on the ground, and will know what they’ll get if they start a cyberwar with us.

It’s nice that Bitcoin is growing as a financial asset. Now let’s using it as a cybersecurity asset.

Proof of work infrastructure uniquely ties the digital realm, where everything is imaginary, to the physical realm, where physical power matters. America has the power grid to fuel proof of work facilities, and the police/military power to defend them.

Jason Lowery argues in Softwar (find it… somewhere…) that as more of the world’s social infrastructure moves online, the future of warfare will too. Jason’s idea (tldr) is to protect our national cyber assets with proof of work mining facilities.

2. Proof of work cybersecurity – Bitcoin is going mainstream and that’s great. But Bitcoin is only one application of its powerful underlying proof of work consensus mechanism. Bitcoin may be a key piece of our financial future, but proof of work is key to our national cybersecurity future.

We need to defend America’s status as the world’s home for innovation and entrepreneurship in an essential technology like crypto. Get the talent over here; keep the talent over here.

More builder visas.

I’ve spoken with people in the crypto industry who’ve wasted huge amounts of time and energy on immigration issues either coming to, or staying in, the US. We want and need these people learning and working and building in America – not Bangalore or Zug or Singapore or Kiev or Buenos Aires.

Dominating crypto (and I would bet AI too) doesn’t start with coins or chains or SEC regulations; it starts with builders – engineers and entrepreneurs who innovate and build the businesses to foster their innovations. They are the talent. Many of them are home grown in the US but many are not.

If/when the US approaches crypto policy, here are two priorities –

1. Builder visas — Crypto & AI (and the sandwich we’ll make by mushing them together) will drive global innovation and create huge amounts of wealth in the next several decades. The US should dominate both of these technologies.

On May 10, 2008, I graduated law school with $160k in student loans.
As of today, Nov 22, 2024, my loans are paid in full.
Crypto didn't cover all of it, but it helped.
AMA

I predicted BTC would hit $100k. Except that I said it would happen by the end of 2021. Counts?

Now that the market has warmed back up, I tried moving some crypto around for the first time in a while... Still a total nightmare. Maybe worse than 2022.

3. Game plan your strategic reserve deployment. BTC is currently highly correlated with the S&P 500. If macro conditions get bumpy, BTC will prob go down with everything else.

So... when exactly do you plan on tapping this strategic reserve?

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2. Only invest what you can afford to lose. I own Bitcoin and I believe in it. But it’s a speculative investment. We may think it will win, but we could be wrong. And even if we're not – winter is coming.

How will you feel when your "strategic reserve" loses 60%+ of its value in 2-3 months?

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1. "Why" matters. Don't tell me "number go up." If you don't know what proof of work is or why it matters, don't buy Bitcoin, and definitely don't buy it with other people's tax dollars.

Why do you want to buy Bitcoin?

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PA is considering a state Bitcoin strategic reserve – not that I owe the state any favors but here’s some free (not financial) advice 🧵

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