u/aprx4
aprx4
aprx4
Impossible if attacker launders the coins via Zcash/Monero using DeFi platforms where no KYC needed. In fact i'm 100% sure the attacker will do that.
aprx4
Human also learn from existing knowledge, learning is process of pattern recognition and machine can do that too. Creativity requires learning.
Economy is circular. Let those companies take risk. They had massive free cash flow because they had no good oppurtunity to invest until now. Would it more beneficial for you if those companies use profit for stock buy back instead? The fallout of hypothetical crash depends on how banks are exposed, because banks sit at the core of economy. Banks are highly risk-adverse with AI investment.
I do not care about speculative valuation of those companies. Many will fail, there are always losers even if technology itself is sound. Dotcom bubble bursted but internet wasn't a fad, the value of internet-dependent economic activities is far bigger than what it was in 1999. Stock market was selling in early 2000s when internet continued to grow fast.
Increased profit from shortage fuels expansion to close the gap between supply and demand. That's basic principle of market economy and it's big picture in long run. Industrial revolution created massive shortage of coal, but price of coal during shortage isn't indicator that industrial revolution was bad.
aprx4
You are worrying too much about return of investment. Technology advancement requires taking risk. It's better to bet on technology than to pump home price in '07. Banking sector was far more exposed to housing market than it is today with AI.
In history of computing we have gone from simple calculator to complex software running on complex processor.
"Intuition" is moving goal post. Does programming in C require more intuition than programming in assembly? Does programming in Python require more intuition than programming in C? Now we program using human language. We are simply taking another step at abstraction and complexity. When i was kid my neighbor was a curator who kept saying that drawing on computer isn't real art. Now we have people drawing on iPad Pro (using modern software heavily reliant on hidden AI/ML algos) saying that AI generated pixel isn't real art.
aprx4
Machine has been replacing humans since first industrial revolution. Your modern life depends on productivity of them.
Technologies destroy and create new jobs. Automotive killed horse industry and millions of jobs in US. We don't know if we're heading to a jobpocalypse. Even if that was true it's socio-political problem, not technological problem.
aprx4
I can't think of a technology that doesn't have net positive impact.
Increased productivity leads to better quality of life.
aprx4
A million coins he wouldn't touch because their movement would trigger market crash.
Adam Back has been officially involved in bitcoin so long and has multiple companies in this space, he likely has no shortage of either cash or bitcoin and wouldn't need to tap into Satoshi coins, even if Satoshi was indeed him.
aprx4
That would mean Iran have to give up their "real" deterrence so far, which is perceived chokehold on Hormuz. Trump is restrained by market behaviors, not by ballistic missiles.
aprx4
IRGC is both elite military and elite police, they are state within state. They also run large part of economy. Best analogy to this structure is SS (Schutzstaffel) in Nazi Germany, an autonomous organization that operates independently from normal governmental bureaucracy.
aprx4
This OpenClaw craze in China is unlikely to produce measurable productivity boost but it shows that Asian countries have very different mental model to Western nations on embracing new technologies. China have higher unemployment rate especially among young population (compared to US) but they keep pushing for more automation. In the west it's mostly doom and gloom because AI boils oceans while taking away their $100k comfy desk jobs.
aprx4
Didn't stop North Korea.
aprx4
Commerce department denied this yesterday:
aprx4
South Korean degenerate traders gamblers are rotating.
aprx4
That is illusion of choice. You'd lose most customers if you tell them only bitcoin/gold is accepted. You'd lose suppliers too.
If the price of goods or services is in bitcoin but calculated from exchange rate with dollar then it is just dollar with extra step because business expense is in dollar. Most bitcoin accepting businesses immediately convert to dollar at payment processor to avoid volatility. But if you decide to hold you either lose value of have to pay tax when you sell to fund business expense which is in dollar.
aprx4
Change of ownership of the shares doesn't change total number of shares, certainly doesn't affect funding or cash flow of the company.
Funding round is the issuance of new shares in exchange for company receiving cash injection. There's possibility of some investors changing their mind before signing contract, but that doesn't matter because July was oversubscribed, meaning the money offered to SpaceX was more than what they needed. The company certainly didn't lose the investment with size of HLS contract. Investors doesn't get to take back the money they injected whenever they want unless there's serious fraud proven in court, that's not how businesses work.
There's tender offer that happen twice a year, company might offer to buy back some shares from some investors. But company control this price and thus valuation, investors can only accept or not.
aprx4
Trading shares of private company requires approval from issuing company and does not affect investment they committed in written contract. I'm not sure what you mean by 'general investor funding'.
3 consecutive flight tests in Jan, March and May failed. Flight 10 and 11 in august and october were successful. If there were any impact of those failures in fundraising, it would've happened in July.
aprx4
July funding round was oversubscribed. The only time they (slightly) missed funding target was the round in 2022
aprx4
Can you provide sources for that claim of yours. I just did quick few searchs and found nothing. Last thing i found is that they are raising fund and valuation likely increase.
aprx4
Investors can't really "pull out" the committed investment in private company, they can only sell the shares to others and with SpaceX there's always people willing to buy. Investment can't be risk-free.
aprx4
Laundering BTC through Zcash via non-KYC CEX or DEX is already possible, and practical. This is nothing and just make the steps easier.
On the side note, Satoshi mentioned zero-knowledge proof and wanted to adopt it for Bitcoin, the it wasn't practical at his time. Zcash is probably what Satoshi wanted bitcoin to be.
aprx4
Idc if they can dance or flip, I'd buy any brand if they can do the dishes and mow the lawn by verbal command.
aprx4
Article II:
"Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means."
There is no privatization of space because space was never nationalized by any nation.
Outer space and international water are governed under principle of res communis - common to all humanity, owned by nobody and no nation. Sovereign or private entities have equal access, the limit of access to space or ocean is only constrained by capability of that entity.
aprx4
Are you alright? Nobody here claims that his net worth is too much.
Bernie Sanders' Green New Deal would balloon the debt to far horrifying level because they would literally borrow and print money to oblivion to fund Green New Deal. They even go further by quoting Modern Monetary Theory, which says government should print money as much as they want.
Central banking and government spending is number one reason of massive wealth gap. Put SPY chart and Fed rate chart side by side and see it yourself.
Socialists are economically stupid. Their solution to big government intervention is ... bigger government and more intervention. "Tax the rich" means wealth tax. They know wealth tax doesn't work because it failed in Europe, yet they keep shilling it anyway because it is populist policy.
A corrupt neoliberal like Pelosi is still far better than a "clean" socialist. Socialists are economic jihadists.
aprx4
Machine has been taking our jobs since first industrial revolution.
aprx4
I'm not following development of humanoid robot closely but it seems to me all the Chinese robots are just doing useless cool tricks, sometimes pre-programmed.
Mechanical movement is easy part. The hard part is their 'brain', which would need a combination of vision-based AI with LLM.
Decentralized exchanges exist. They'll just launder stolen fund through privacy chains (zcash, monero) where transactions are untraceable.