cmad on Nostr: I hear you. Nice to get the perspective from someone with such a depth of knowledge ...
I hear you. Nice to get the perspective from someone with such a depth of knowledge and local expertise.
I’ve spent 30+ years studying and working in the plumbing of the global debt markets. From my perspective, this is the “fat lady singing”. The deflationary impulse from FOSS (and localised!) AI will be a wrecking ball for US big tech and therefore the whole domino chain of risk assets.
The aggregate amount of global monetary expansion required to even ATTEMPT to stabilise the fall out will be over 100trn by 2030. Meaning every western fiat currency (even the precious, hegemonic US dollar) will enter hyperinflation. 💵 💶 💴 🔥
This was ALWAYS the obvious, inevitable end game. It’s just that NOW, we can see it unfolding in real time.
It is more important than ever, in my opinion, than we run (full speed) building out the stacked protocol that Bitcoin provides the opportunity to develop. MoE as well as SoV.
Without both, I fear humanity may be in for a prolonged period of regression….
I’ve spent 30+ years studying and working in the plumbing of the global debt markets. From my perspective, this is the “fat lady singing”. The deflationary impulse from FOSS (and localised!) AI will be a wrecking ball for US big tech and therefore the whole domino chain of risk assets.
The aggregate amount of global monetary expansion required to even ATTEMPT to stabilise the fall out will be over 100trn by 2030. Meaning every western fiat currency (even the precious, hegemonic US dollar) will enter hyperinflation. 💵 💶 💴 🔥
This was ALWAYS the obvious, inevitable end game. It’s just that NOW, we can see it unfolding in real time.
It is more important than ever, in my opinion, than we run (full speed) building out the stacked protocol that Bitcoin provides the opportunity to develop. MoE as well as SoV.
Without both, I fear humanity may be in for a prolonged period of regression….