Oceans of Wisdom

i think at this level of abstraction nobody is taking it on

whether cars, ice cream cones, gemini pro, ethereum etc

we have to use all real world tools

if we want to be competitive in the real world

remember everything we are doing is at one level up of absraction

i don't mean an decentralized AI

no

but I want the decentralized version to exist

many will be successful

nothing wrong with that

and almost all of those will be competing via centralized entities

it will be a race among the 0.00001% of people

99.9999% of people will do nothing useful with the tech

need to just get the fundamentals right before then

when we will be able to go very aggressively on the tech side

the moment is going to come soon enough

is how much leverage a small group of people are going to have with AIs

i do think one of the differences between my views now and views in 2020-2021 (that were pre modern LLMs)

the AIs will help us accelerate feature rollouts

so I think we have provenance and meaning

and there is a big dropoff after that

SOL third

ETH is second closest

BTC probably has them

you need provenance and network effects

why wouldn't ASI be able to clone it and do it better

I think it is not cool feature chain #10

my mental model for what is valuable post ASI remains as is (all with all the relevant caveats) - prestige real estate - valuable real world data sources (e.g. hospitals) - BTC and NFTs - maybe ETH

but meaning and provenance are not affected

"features" will become a commodity

I think progressively better coding agents but not ASI will be very helpful to us

it will come during DJT's term

but if we have to go progressively it helps to know where the safe harbor is

in principle if we could make the leap in 1 giant step, you don't need the clarity act and maybe we don't

the only true and proper version of decentralization is one where we don't have to worry who wins the USA elections

but by then, we use Clarity as stepping stone and aim to be fully decentralized in any case

and that we get a politicized stupider approach to crypto from next SEC

and I think it is possible that the Republicans lose after DJT

It is perfect timing. I want to see what the Clarity Act looks like in final form to make sure we meet its requirements. If SEC had stayed as it was, I would have been thinking about ways to launch elsewhere, but it is preferable to do this under the banner of 'merica if possible

The relevant window we need to hit is: 1. After the Clarity Act 2. Before President AOC

on #1, there is still a level of systems thinking that I have that I have not yet found someone else that I think could take it from 0 to 1 in my absence, but once it is out in the world, it is a lot easier for others to help

1. Me getting run over by a bus before we decentralize 2. Nothing else IMHO

Ask me about what it looks like to do accounting for 258 addresses and also every single mint of the memes is a tax event (not each card, each mint)

so I am a combination of "extraordinarily compliant and corporate on that type of thing" and "extraordinarily risk taking on thesis"

as are taxes taxes taxes

not on the fund

the securities law, howey test issues are all over here

"buy NFT and send it to the SAFE"

regulatorily and taxwise

but its actual operations are much simpler