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0 sats \ 0 replies \ @Solomonsatoshi OP 14m \ parent \ on: China Is Quickly Eroding America’s Lead in the Global AI Race AI
Sounds like you didn't read the article.
Vast majority of US AI is not open source.
Vast majority of Chinese AI is open source.
Read the article and learn the truth you are hiding from.
U S A is losing the race...
Chinas AI are open source.
US AI is closed source and very expensive.
China is winning the AI race along with most other strategic technologies by providing a comparable and competitive product at a better price.
USA is desperately trying to defend its hegemony by imposing tariffs and strong-arming and bullying other nations to block Chinese access to markets and supply chains- admission that USA is not competitive in a free and open market.
Coming from you the denial of cultural bias is debatable.
Do you still deny the CIAs involvement in the removal of the democratically elected Iran government of Mohammad Mosaddegh?
Do you deny Palantirs AI military role?
Control of the narrative is a strategic weapon that those seeking to maintain US leadersdhip in AI acknowledge as a crucial factor and both their and Chinas objectives.
USD credibility is in decline.
Americas extraordinary privilege is at stake.
Can USA sell $7 Trillion USTs before Christmas?
Bitcoin is not the only, or even main credible alternative to USD/SWIFT trade payments hegemony- Chinas CBDC Yuan and its CIPS and mBridge protocols are.
Do US Exceptionalist Libertarian Bitcoiners have their heads in the sand?
The entire US economy enjoys the exceptional privilege of global monetary system hegemony via the USD based trade payments protocol SWIFT and USD reserve currency status which has enabled US budget and trade deficits for decades.
That is one fucking massive subsidy of the entire US economy...paid for by all other countries...
In addition to seeking dominance in the emerging protocols like AI, where China is making a credible challenge China seeks to build an alternative to the SWIFT/USD hegemony via CIPS and mBridge which enable trade payments for Iran and Russia and have attracted the interest of Saudi Arabia who have joined BRICS and mBridge.
US AI does not carry its own cultural bias?
Tariffs may buy time but they are also an admission the US cannot win in an open and free market anymore.
China has already won the trade war in terms of general manufactured goods- they dominate production and supply of most things- now they are moving into the high tech areas where the west still has some advantage and the crucial thing is China wants to build the standards and protocols upon which future economy will depend- thereby entrenching hegemony in the same way the west has via its institutional and protocol dominance.
It is not clear who will win but the trends appear to be in Chinas favour and the west is fighting for its future wealth and dominance.
Time will tell!
Most people struggle to understand the fiat monetary system...perhaps 2% of the general population and perhaps 30-40% of 'Bitcoiners' do.
It is via control of the narrative that fiat rules.
Yes it is lack of understanding that obstructs Bitcoin adoption most fundamentally and education can slowly change that and it is changing that very slowly, but the forces and momentum of narrative construction are firmly in favour of the fiat narrative drivers- the banks and governments as can be seen by the overwhelming narrative around Bitcoin. Most 'Bitcoiners' have swallowed the NGU speculative commodity narrative hook line and sinker.
Most people do care about complying with the law unless they understand very well a very good reason for not complying- even then a majority will comply...unless there is a good reason not to as in side hustles where compliance is easily avoided when using cash...using Bitcoin now might be seen as risky as 90%? plus has already been KYCed!
Lawful Bitcoin use as a MoE has been made impractical and that greatly assists the speculative commodity capture and control narrative.
Deny reality all you like but it does not change reality.
321 sats \ 0 replies \ @Solomonsatoshi 30 Jun \ parent \ on: Are you really a Bitcoiner? bitcoin_beginners
Control of the narrative is 90% of market capture and control...and they have achieved it without you even seeing it!
Sly.
I gave the largest example above- others are the debanking of businesses who accept bitcoin, the 70% of humanity who live under authoritarian governments who mostly OUTRIGHT ban MoE use and perhaps most importantly the capture of the narrative by people touting Bitcoin as a (kyced and CG taxed) speculative commodity and so it is thus seen and used as a speculative commodity not a MoE.
The suits and ETFs are pushing this narrative and the obstructive and effectively impracticable tax obligations of MoE use reinforces it- to use Bitcoin as a MoE lawfully is effectively impractical due to the tax obligations attached to it via designation as a speculative commodity.
Fuck all Bitcoin is now held with the intent to use as a P2P MoE- ETFs expressly and explicitly prevent such use and Treasuries do also.
If you dont get it now ok- you don't want to get it...they have captured and controlled your perception and its evident.
326 sats \ 2 replies \ @Solomonsatoshi 30 Jun \ parent \ on: Are you really a Bitcoiner? bitcoin_beginners
The protocol was created to enable P2P payments.
The protocol is being captured and controlled by the fiat operators as a speculative commodity, KYCed, taxed and increasingly custodied by bankers and other corporate slime.
If you do not understand this you probably have not read and understood the white paper and are definitely falling for the speculative commodity capture and control narrative that degrades Bitcoin into a harmless plaything for bankers and governments and that decapitates the revolutionary P2P MoE intent that is explicit in the white paper.
Read the white paper and consider what has been done to the protocol since by the sly fiat operators.
Bitcoins use as a MoE has been very slyly and successfully OBSTRUCTED by the bankers and governments who benefit from the fiat monetary system which relies upon its MoE dominance.
Even most Bitcoiners do not understand this.
Yes it is a war of subterfuge where lawfully using Bitcoin as a MoE has been in almost all jurisdictions made effectively impractical.
By designating Bitcoin as a speculative commodity liable for CGT using Bitcoin to buy a coffee makes that transaction liable for CGT- so who is going to calculate and pay tax everytime they use Bitcoin for such transactions? Nobody is and so Bitcoin MoE is slyly designated unlawful.
Merchants can accept but only conveniently if they use an application which immediately converts the sats prior to them arriving in their fiat bank account as fiat, not sats.
So why would merchants accept a payment that very few customers have or even understand and of those few potential customers most would be breaking tax laws to use?
Very very few is the answer.
The fiat operators have effectively obstructed Bitcoin MoE use without most people, even Bitcoiners understanding/realising.
What does he mean by?
"I've noticed more and more you pay in Bitcoin. It takes a lot of pressure off the dollar — and it's a great thing for our country."
Can anyone explain Trumps logic here, in particular to his claim 'it takes a lot of pressure off the dollar'- or is there none?
1- If you are investing in Bitcoin with the primary intent and hope of maximising fiat denominated speculative gains, you are fundamentally misguided and missing the entire fucking point of bitcoin.
2- If you truly resent taxes so much you should go live somewhere where there are no taxes or government and see how you like it- I confidently predict you will be a shivering, quivering, jibbering wreck within a very short time begging for the safety, security and economic framework that government and taxes provide you where you live now.
Most fiat money is created via usury.
Since the Keynesian limits on this debt issuance were removed by the amoral neoliberal bankster lobbyists in the 1980s, the culture of debt slavery has become so universal that most people do not even see it.
There are some BTC accepting merchants in ChiangMai and elsewhere in Thailand-
Support them!
My favourite in ChiangMai would be Sababa who have weekly BTC meetups and fantastic kebabs!
Use BTC maps to find them.
https://btcmap.org/
People need icons and ideas to aspire to and to feel a sense of belonging.
This is why religion and governments are so universal.
Even secularists believe in their own ideologies and get a sense of collective belonging and security from such ideologies.
It is natural as humans are weak alone, but strong in groups.
Libertarian ideologs have a lot to learn about life. DNA and the reality of existence.
Naive Libertarians who think the state is a wholly oppressive and burdensome apparatus when the truth is they would be shivering helpless wrecks without its provision of law and order, security and economic framework.
Bitcoin is important because the banks and governments have over reached their positions of trust and power and need to be returned to being subservient to citizens and free markets- fiat money is not a free market but a corrupt and rigged state imposed monopoly operated by private bankers who in turn have too much control and influence over government. Bitcoin can (hopefully) fix this.
Most people recognise the convenience and security of living under the nation state system.
You would not last a week, probably even a day of cast out into the wilderness without the security and comfort that the state provisions you.
You would be begging for a blanket, a coke and a Big Mac within hours of being cast out into the lawless wilderness where dog eats dog and there is now government protecting you.
Several politicians have tried here in New Zealand but there is huge incentive for politicians to play on peoples short sighted greed and selfishness and cancel longer term solutions when governments changes that has happened repeatedly here in NZ over the last 50 plus years.
The original universal pension was introduced by a populist politician who scrapped a program (similar to your 501 scheme I believe) which would have given everyone a retirement fund built up over their working life.
Many times since any attempt to change the system to something more sustainable has been reversed by populist backlash and revisions.
If you remove all welfare for the elderly then it does provide a strong motivation for people to have and raise children who might take care of them in their old age....and to save for their own retirement.
New Zealand was the first country to introduce a (very modest pension) in the 1890s, apparently for guys who had come here to mine gold, never married and were now unable to work and had no family to care for them.
I do not think we can politically return to zero welfare, but means testing welfare does go some way to restoring market incentives and the potential for families to take more care of themselves rather than dependency on the state.