I think they have cash issues. Can’t get more uses due to lack of gpu, and current users are costing too much.

People say “bubble” with their mind so focused on what they think is dumb ways of spending money, and they miss the lasting cultural impact, which is actually what matters.

I’m not a fan of the apes(there’s more interesting tighter communities in the nft space), but I see more and more ape-branded stuff appearing here in China. That’s probably not making the nft holders any direct money as they’re unlikely to be paying for taking the images, but these waves are unpredictable.

Mona Lisa wasn’t that famous till it was stolen…

People often only remember the first bit…

—— “ On the one hand you have—the point you’re making Woz—is that information sort of wants to be expensive because it is so valuable—the right information in the right place just changes your life. On the other hand, information almost wants to be free because the costs of getting it out is getting lower and lower all of the time. So you have these two things fighting against each other”

https://github.com/nobody-famous/alive

People act like this is the end of Dahls legacy, yet his stories have probably been discussed more in the past 24 hours than the past few years combined.

I recommend the book Graveyard clay on the death on languages, and how the dead are still as chatty as the living- in many ways the dead are harder to silence.

TikTok/Douyin is just as cringe over here in China too.

In the past the ethereum foundation has made their own wallets/browsers/clients but they’d rather focus energy in other places and instead have grants and donations to others to help them get started and to operate their own companies.

The reason is to break away from being an authority, over time the EF should become less powerful. They are making decisions to reduce their importance and the reliance the ecosystem has on one group. Ethereum users were never ethereum foundation users.

The other listed organisations and their clients are all excellent. This is a much more healthy approach.

Privacy is not a crime, it’s a human right! Sorry that it makes the polices job harder, but our rights are more important.

And didn’t we go through all this already in the 90s? Are we now gonna start arresting all cryptographers?

This is because they don’t like money that is independent from state control. They hate the idea of bitcoin and eth not being $ or €. The large majority of money laundering happens through banks, who just pay a fine and sweep it under the rug.

It’s the usual “you’re helping drug dealers/terrorists/North Korea, but what about the children?!” state simping that ignores the violence of the existing systems, and ignores the billions of people in the world who aren’t any of the above and are also benefiting from our attempts to design systems that respect liberty.

I think we absolutely should build infrastructure that allows people within oppressive regimes options with which they can resist, escape, coordinate. For example, we shouldn’t accept that Iranian devs get booted off GitHub.

Hacker.

The defining thing of hackers is taking things apart, understanding them, modifying, breaking, rebuilding, improving, dreaming!

What a sad ideology of “don’t touch, leave it to the authorities”

At this point I’d like to sees US regulation around $ stablecoins so we can use something else and reduce the power of the US dollar in the world. Go ahead America, regulate yourselves.

But ultimately succeeding in making something that can live in the sometimes hostile environment on chain means you make something that can last and is reliable. There can be awkward UX issues with that though.

Relying on stable gas fees won’t work because the network has to have a priority list when it’s busy, so those willing to pay more will be prioritised and you’ll be stuck. If you want to inherit the properties of the chain that are why you would build on it in the first place then you have to work to those constraints.