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@byzantine
130,069 sats stacked
stacking since: #87627longest cowboy streak: 25npub1t5wc8...t2sqgk6dke
5 sats \ 0 replies \ @byzantine 8h \ parent \ on: MicroStrategy Yum-Yum Eats Bitcoin (Bloomberg Money Stuff, Matt Levine) econ
they can only do this because they appear unique. Eventually they'll be a run of the mill is having an IT department in your company.
when every company holds a bitcoin reserve on the balance sheet the multiple to net asset value of strategy we finally drop to one.
The best part about this besides for the fact it's gonna be unraveling the college myth, is that by cheating and seeing how the LLM produces the work they're probably learning more than struggling on some esoteric topic and receiving mediocre feedback from a teaching assistant
Great read! I wonder how a Catholic pension works for clergy that essentially live in a church.
How broke can they be when they can't support "employees" who inhave no family, no possessions, no kids, and essentially live in a dorm until they die.
their whole goal is to make themselves centralizing force because it will satisfy all of the requirements of their VCs
the problem is that the only way to make themselves centralized is to rely on all the centralized protocols like Solana and ethereum
there is some value here if you can record, store and train privately
#880167