*Fiddling with a device in a meeting means you do not belong in that meeting. Meetings should be rare, riveting, and short.* View quoted note →
*Nothing produced limitlessly and for free can ever, eventually, have value. Fiat is always and everywhere a ponzi phenomenon with seigniorage the State’s irresistibly silent Madoff-like pitch. Bitcoin, its kryptonite, will never take the meeting* View quoted note →
*financial sophistication cannot substitute for industrial control. In energy markets, physics – not finance – sets the tuition entrepreneurs must pay* View quoted note →
*markets overpay for stories of the future and underpay for hidden treasures of the past* View quoted note →
Thanks for sharing! “Confirmation bias is the worst enemy of iteration. In a Bayesian system, it’s fatal. If you only accept the data that supports your hypothesis, you’re not updating – you’re entrenching. The people who learn fastest are the ones who are most willing to be wrong…with the humility to trade conviction for information, one update at a time.” View quoted note →
*The tragedy of the “banking the unbanked” narrative is that it accepts the moral legitimacy of banks as gatekeepers. It assumes exclusion is the problem, rather than the existence of the gate.* View quoted note →
*Governments are whispering about digital IDs. Platforms are quietly tightening the screws. AI is learning who you are faster than you can explain it* View quoted note →
Why software will save Nvidia from an AI bubble burst • The Register
*Yet it is not our part to master all the tides of the world, but to do what is in us for the succour of those years wherein we are set, uprooting the evil in the fields that we know, so that those who live after may have clean earth to till. What weather they shall have is not ours to rule.* Tolkien
You either disappear early enough to be a hero, or linger long enough to become a state asset.