Life Under Biden.

[luka]

Tik took made me money and gave me about 14 schoolgirl followers on Instagram

 

[Mr. Tea]

Tik took made me money and gave me about 14 schoolgirl followers on Instagram

Followers who are schoolgirls, or people who follow schoolgirls?

 

[Leo]

Yeah really the whole crypto market is still denominated in terms of dollars, although you do see NFTs and some other assets denominated in terms of ETH.

That was a slightly off-color joke, Stan. Please don't make @Mr. Tea explain it.

 

[Mr. Tea]

That was a slightly off-color joke, Stan. Please don't make @Mr. Tea explain it.

He's totally immune. It's incredible. I've never seen anything like it!

 

[Leo]

robot talk.

 

[Clinamenic]

That was a slightly off-color joke, Stan. Please don't make @Mr. Tea explain it.

I tried viewing it as a crude joke, but I apparently made a classification error.

 

[Mr. Tea]

I tried viewing it as a crude joke, but I apparently made a classification error.

Ironically you were right first time!

 

[IdleRich]

Is roko's basilisk the all-powerful AI we should already be genuflecting to in anticipation of it its inevitable victory and the following subjection of humanity (or something)?

 

[Mr. Tea]

Is roko's basilisk the all-powerful AI we should already be genuflecting to in anticipation of it its inevitable victory and the following subjection of humanity (or something)?

I thought that was Skynet?

 

[Clinamenic]

Is roko's basilisk the all-powerful AI we should already be genuflecting to in anticipation of it its inevitable victory and the following subjection of humanity (or something)?

Yeah its basically a meme.

 

[version]

Biden approves deployment of hundreds of US troops to Somalia

The decision is based on a request made by US Defense Secretary Lloyd Austin to better address threats from al-Shabab.

www.aljazeera.com

 

[sus]

Reading through the Biden admin's executive order on crypto, and it's good so far. Really impressed at how the various conflicting motivations are balanced, at least on paper. Also, its starting to look like a US CBDC is on the horizon:

CBDC abuse cases are looking really, really scary

 

[sus]

I don't think it flies in the US though TBH

Cash concept too important

Canada maybe, EU maybe

 

[Clinamenic]

I think Switzerland (could be some neighboring country) is piloting a CBDC that is just issued atop Ethereum. In principle it may not need to be different, regulation wise, from a privately issued stablecoin. If we're talking asset-backed stablecoins, it seems the idea so far is to regulate the issuers as "insured depository institutions" and just enforce certain requirements regarding the reserves, to protect this notion of one-to-one exchangeability between dollars and stablecoins.

That's all to say, a CBDC needn't necessarily involve some panopticon, public or private. I did a moderately through report for stablecoins for Humanity Forward, but it didn't touch on CBDCs per se.

Not sure about Switzerland though, so don't quote me haha.

 

[Clinamenic]

The idea of a public or private panopticon is enough to sink the notion of a CBDC in the US, you're right. Even if its technically inaccurate.

 

[Clinamenic]

But having a proper US government-endorsed stablecoin could arguably be the best thing for crypto imaginable.

 

[Mr. Tea]

Me reading Stan's last three posts:

 

[Clinamenic]

Me reading Stan's last three posts:

View attachment 11960

Haha its crazy because I'm actually becoming decently positioned to have my opinions trickle into the conversations of policymakers.

 

[Clinamenic]

 

[WashYourHands]

No bike jokes?