alexstephenson.me
👤 Joined on 01 Haziran 2023
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Right only I'm sure I remember being mansplained that crypto was decentralised and couldn't be controlled or frozen by anyone
Show PostIn my younger and more vulnerable years my father gave me some advice that I've been turning over in my mind ever since. “You follow drugs, you get drug addicts and drug dealers,” he told me, “but you start to follow the money, and you don’t know where the fuck it’s gonna take you.”
Show Postrottenandgood.substack.com/p/ugly-milks... Happy Friday.
Show PostThe problem is there are no trusted intermediaries who can do things like reverse transactions when they’re discovered to be fraudulent. They should invent a version of Bitcoin that has something like that.
Show PostMy read is a little different. The calculation that it is profitable to sell inference is predicated on two assumptions: 1. model creation is R&D that will produce durable pricing power, and 2. data center assets, continually upgraded, will produce profits greater than cost of capital for 10+ years.
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