Jake
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ngmi.co
Jake
@ngmi.co
techbro with philosophy degree working on global state machines that sync as fast as physics allows
are you unable to dig further than the titles of what you read? it's simulation of neurons of the fly, with predictability of which neurons would fire as a result of stimuli, not simply a map
November 15, 2025 at 5:56 AM
I’m not so sure.

People using AI for art don’t take the value out of a Jackson Pollock painting any more than people buying infinite amount of paint to splatter on canvas.

Not all scarcity is valuable, abundance has done quite well also.

But a new scarcity does form, new art tools to understand:
November 15, 2025 at 12:24 AM
November 14, 2025 at 12:33 PM
November 14, 2025 at 12:32 PM
society when people put in more than goldfish-tier neural connectivity to increase our aggregate epistemic quality
November 13, 2025 at 6:02 PM
Cash App just announced they're building on stablecoins... banking rails is moving to blockchain
November 13, 2025 at 4:55 PM
Back in the 1800s artists also felt this way about photographers

"A picture this which artist never drew"
"utterly contemptible as a work of art"

timesmachine.nytimes.com/timesmachine...

In the future some other art medium might come along and people will say "they're not using diffusion models!"
November 12, 2025 at 11:58 PM
Coinbase also reincorporating to Texas.

I remember someone telling my no company would follow Tesla in doing this after the activist judge denied Musk's pay package.

Instead, we're seeing S&P 500 companies doing it.
November 12, 2025 at 3:17 PM
yeah net inflows YTD are in the low billions to mid hundreds of millions, so if there is trillions going somewhere... it's likely in a different asset class (probably t-bills could absorb that without looking obvious)
November 11, 2025 at 8:55 PM
the new thing is code is not law
November 11, 2025 at 7:23 PM
blockchains are still the future of banking and now that banking regulators are allowing its usage anything else will be like coming up with the fastest horse for transit just as the automobile bursts onto the scene. hence, every major bank adding crypto rails and stripe building its own blockchain
November 11, 2025 at 2:41 PM
actually at the lows for the year although i think nfts are more than just a handful of market assets (e.g. even our DIDs on this website are NFTs even though we don't call them that)
November 11, 2025 at 3:22 AM
I'd also be curious - not just age but performance and volume - for instance I know theres been consecutive blocks which enable 100k stablecoin payments per second (compare to visa theoretical max of 65k TPS), I have no idea what SEPA instant can handle, I'd be curious to see it's throughput data
November 10, 2025 at 6:01 PM
Nov 2017?
November 10, 2025 at 5:50 PM
You can still do sepa transactions with stablecoins, they're composable.

You can even swap usdc for eurc and then do 1:1 sepa payouts in EUR.

My POV in since stablecoins work globally and SEPA works within EU and some UK banks, it's better to offramp over SEPA when that locality makes sense.
November 10, 2025 at 4:37 PM
different strokes for different folks

i can swap fartcoin for a stablecoin in under 200ms and then use it for groceries with like 3 cards in my apple pay wallet or directly on like shopify

also looks like avici is closing the gap between getting fartcoin and sending a sepa instant payment
November 10, 2025 at 4:00 PM
as of last month thats only supported by 14% of banks in the UK.

Stablecoin and x402 payments already work for anyone with a public key while waiting for corresponding banks to add SEPA Instant support.
November 10, 2025 at 3:05 PM
In Norway the flexible demand of miners curtails excess energy generation risk, which lowers the local energy prices.

In fact when miners are removed, the excess energy generation costs get shifted back to residents as theres no one else to absorb it.
www-nrk-no.translate.goog/nordland/dat...
November 8, 2025 at 1:29 AM
I do think other countries should start competing with the US on tech.

Not for political reasons, but just to be accelerating tech globally. Every country should be able to build and deploy their own satellites etc.

Even Eutelsat satellites have been made and launched from the US.

euacc.com
November 6, 2025 at 7:53 PM
It's okay to be mad that washed economists were wrong about the economy crashing this year, but please don't be delusional.

Real GDP is higher than H2 2024.
CPI YoY came in lower than expected (3.0% vs 3.1%)
S&P 500 up 13.87% YTD
Dow Jones up 9.82% YTD
Credit card delinquency YoY: Down 3.37%
November 6, 2025 at 4:55 PM
they don't actually require more water than any other industry, e.g. if you imagine someone can build a golf course in Arizona, that's *more* water than used for a data center
November 6, 2025 at 12:39 AM
5% of bitcoin data center energy use is solar (example in screenshot below)
13% is wind
23% is hydro

non-bitcoin crypto don't have an energy demand different from regular computers, so they're just embedded in the same normal data centers that websites and banks use.
November 6, 2025 at 12:30 AM
My brain when tech bros talk about “blockchain”:
November 5, 2025 at 6:39 PM
1) what?

Mamdani has had the highest odds of winning for months. It's better to bet for him if you want a low-risk low-reward payoff. It's better to bet for Cuomo if you want a high-risk high-reward payoff.

> This market will resolve once all three sources call the race for the same candidate.
November 4, 2025 at 10:00 PM
this is actually hilarious

see you at trillions
November 4, 2025 at 9:19 PM