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Will Mitchell
@StartupBros
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Following
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builder, investor, over-optimizer
DTSP
Joined June 2008
@markku60906522 @NickADobos @quantian1 then make it a proof of stake system and give the yield back to savers. literally cutting out the banks as middle men between public debt and retail investors. you could have a semi-private system where all participating banks validate. so many better ways than paper + mines.
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@Loralyn28954790 @elonmusk @bariweiss Imagine facetiously asking the most accomplished person in the history of humanity what they got done this week 🤣🤣 only on X
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Isn’t that the whole point of encryption? Do you really think the best minds in cryptography and data security could not come up with any more efficient method than having to go down into a literal mine with a paper envelope? Have you ever tried to store data on paper for long period of time? It breaks down extremely quickly. What’s your solution to that? A bunch of monks copying all the records? Your worship of bureaucracy is cringe. The admission that you can’t come up with any other better way, also cringe.
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@PeterSchiff It’s not a medium of exchange, it’s a reserve asset. A real asset with no counterparty, just like gold (which is used as a medium of exchange even more rarely than Bitcoin).
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@svpino Google has been relegated to AOL Keyword Status. I basically use it as a URL shortcut to sites/pages I already know about. All my research and discovery and learning is now AI-first. Search is cooked long-term, but normies will keep it alive for another decade or two.
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