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0 sats \ 0 replies \ @halalmoney 7h \ on: when do people stop trading houses that are on fire for fireproof houses? bitcoin
‘Proof’ is social not objective.
So until the government mandate for these houses is implemented, the innovation is treated as less than proven.
🤣🤣🤣
This had so many hilarious put downs I asked Perplexity to break it down for me as I don’t know all of these terms:
The phrase "larps under a shitcoin spell regurgitating an AstroTurf narrative and who have no understanding of how anything works" is a highly critical description, using several internet and crypto-specific terms:
LARPs: Short for "Live Action Role Players," but used online (especially in crypto circles) to mock people who are pretending to be something they're not—acting out roles without real substance or understanding.
Shitcoin spell: "Shitcoin" is a derogatory term for cryptocurrencies considered worthless or scams. Being "under a shitcoin spell" suggests someone is blindly or irrationally supporting such coins.
Regurgitating an AstroTurf narrative: "AstroTurfing" is the deceptive practice of creating fake grassroots support for something, often orchestrated by hidden sponsors to make it look like genuine public enthusiasm. "Regurgitating" means repeating these manufactured talking points without critical thought.
No understanding of how anything works: This accuses the person or group of lacking real knowledge or expertise.
Thanks for this and tagging that thread. I’m having to re-think topics and unlearn so much these days!
Any book recommendations would be appreciated.
Interesting. I’ve noticed the same with people I know. They simply don’t have the time to look into Bitcoin properly and end up regurgitating headlines and FUD because who likes to admit that they don’t know about something which is mentioned in ‘mainstream’ news.
If you have a big gap between income and expenditure life is pretty good here.
Just live in a nice area, own hard assets and don’t lose your income.
If the following quote is correct you should focus less on your energy levels and motivation and more on the systems you use regularly.
Habit expert, James Clear said, “You do not rise to the level of your goals, you fall to the level of your systems”.
I know lots of good people who, for various reasons, rent their homes. So, I would use the Bitcoins to buy homes which I would then rent out to these people on a rent to buy basis - all denominated in satoshis, of course!
Hilarious and informative! 🤣🫡
Big L losertarians whose entire identity is wrapped up in being ineffective hipsters would seem to prefer letting the status quo of disaster continue on and getting worse rather than fighting back by speeding up the process with a controlled demolition.<
Then: Bitcoin is a speculative bubble. Avoid. I am concerned for you.
Now: Don’t self-custody your Bitcoin. I am concerned for you.
Nice share. Thanks.
‘The AI bubble wobbles more precariously by the day. Some bubbles, like that of the dot-com crash, end up being positive in the long run, despite the short-term economic pain of it bursting. But some, like the 2008 housing bubble, leave permanent scars on the economy and can knock an entire industry off its growth trajectory for years. To date, the U.S. housing industry has not recovered to pre-2008 growth trend lines, a major contributor to the housing crisis gripping the U.S. That is the fire that the tech industry is playing with today.’
It’s amazing to me that someone wrote such a long article about this.
I quite liked this bit though:
“What Apple showed regarding the upcoming “personalized Siri” at WWDC was not a demo. It was a concept video. Concept videos are bullshit, and a sign of a company in disarray, if not crisis. The Apple that commissioned the futuristic “Knowledge Navigator” concept video in 1987 was the Apple that was on a course to near-bankruptcy a decade later. Modern Apple — the post-NeXT-reunification Apple of the last quarter century — does not publish concept videos. They only demonstrate actual working products and features.“
Wow!
“The research suggests that the brain doesn't simply process one word at a time, but rather maintains a complex, multi-layered representation of information throughout the language production process. This understanding could potentially inform the development of more sophisticated AI language models and enhance our ability to create brain-computer interfaces for communication assistance.”