W posters in a nutshell

epic

Pleasantly surprised with this Bridge experience. Polished, clean, and simple. The new y00ts branding makes you *feel* good. Frank and team nailed it Elevator music in the waiting room is a nice touch 🎶

Last-minute Halloween costume ideas for all you procrastinators You’re welcome

"You were in crypto before 2017? You must be rich by now"

I wish I had more time to chime into the AI doom debate, but here a very quick thread: 1) The one thing all AI doomers seem to assume is that almost all engineering problems can be solved by thinking, vs. experimentation. 2) Humanity has seen multiple individuals of ...

Congress blew him kisses. Journalists gave him applause. Regulators promised to take no action. So it was only Crypto Twitter that uncovered his deception. Read the actual history of what happened with Sam Bankman-Fried, before it gets memory holed. balajis.com/p/crypto-twitt…

$BTC remember, it's a marathon, not a sprint

Pressure Testing GPT-4-128K With Long Context Recall 128K tokens of context is awesome - but what's performance like? I wanted to find out so I did a “needle in a haystack” analysis Some expected (and unexpected) results Here's what I found: Findings: * GPT-4’s recall

The criminal part of fiat money is that you have to earn it twice. Fiat removes the ability to save and forces everybody to become an "investor", or more accurately, a gambler. A masterclass from Saifedean Ammous:

More supply means bigger money pie. Bigger pie, but your slice is the same size. Get it? US annual tax revenue = $5T They just printed ~25% of annual tax revenue. At 2am. After 10 hours of debate. Death by 1.2T paper cuts

BTC as energy is a useful metaphor Money is the highest form of energy bc those with money can control all other forms of energy. BTC is the purest form of money bc it’s the most frictionless

Paul Graham The fundamental error of socialism, which smart people still fall for, is shifting capital allocation from highly effective entrepreneurs to astonishingly ineffective government. This dramatically reduces total goods & services output, which determines our standard of living.

Best take on the Blast situation

Solid writeup on Arbitrum

to this day, this is my favorite explanation of zero knowledge proofs by zkOG zooko🛡🦓🦓🦓 ⓩ it’s simple really

1/ On Your National Tax Policy for Cryptoassets A rare thread for the tax authorities and legislators around the world. One day you will need a tax policy for cryptoassets and you will pay McKinsey $3M to write it. Or you can just read this thread for free

The best tax laws are the most simple I have an accounting background with experience in international tax Can’t tell you how many times I came across a complex issue and went to the IRS for guidance only to be told “We don’t know. But you better get it right.”