hello mate @funandkool

pandanomics Joined December 2023

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hello mate @funandkool

16 hours ago

@DrJStrategy To Republicans like Thune, the Clarity Act is just another bill. Few see it for what it is: the most important legislation for economic freedom in their lifetimes and probably the most consequential legislation in their careers.

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hello mate @funandkool

20 hours ago

@WayneVaughan yes to all of that but even if none of that were true Dems would still hate crypto simply because some people got rich off it so it must be a bad thing

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hello mate @funandkool

23 hours ago

@BitcoinArchive BANKS ARE NOT ENTITLED TO YOUR MONEY.

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hello mate @funandkool

a day ago

@adi_baradwaj Monopolies are not a failure mode of capitalism, unless by capitalism you mean the socialist corporatism of the United States. Then yes.

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hello mate @funandkool

a day ago

@DavidNage Bro this is a fucking retarded take. "Democrats are against the bill but we can't blame them because a handful of their members were able to make the bill shittier to maybe appease a few of them."

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hello mate @funandkool

2 days ago

@CryptoLawUS @HawleyMO Called. Utterly shocked he has come down against basic economic freedom on this issue

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hello mate @funandkool

2 days ago

Sorry but this is just wrong on so many levels. First of all it's very weird to frame market competition as a "race to the bottom." Fees, spreads, and liquidity are jointly priced. A deployer who slashes fees but can't maintain a deep book delivers worse all-in execution. Flow leaves and the advantage evaporates. Even weirder is your take on RFQs because it's exactly backwards! RFQs don't eliminate fees, spreads, or slippage. They bury them inside the quote, where the broker captures the difference. You said it yourself: traders only care about the final price. Final price is precisely what transparent venues compete on, and per-asset fees let them compete on it harder. Ultimately, a deployer forced into one global fee scale has to overprice liquid assets or underprice illiquid ones. That mispricing is what actually pushes flow to RFQ desks, not this update.

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hello mate @funandkool

2 days ago

@GaryMarcus We are far along enough on the tech tree in 2026 that the coordination for global standards can happen without relying on governmental coercion.

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hello mate @funandkool

2 days ago

@deanwball This is stupid. You don't need State-mandated regulation for this. A private body could grade steel quality with better incentives and alignment. Government interference is exactly why the West can't make steel anymore!

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hello mate @funandkool

2 days ago

@Jasper_Goodman My money belongs to me! Community banks are not entitled to my deposits. This is outrageous!

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hello mate @funandkool

4 days ago

@deanwball @DeryaTR_ So they believe we will finally see cross-domain transfer to non-verifiable domains? Because so far we have not seen that at all.

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hello mate @funandkool

6 days ago

@GaryMarcus An AGI should be an autonomous economic organism capable of generating surplus value after imputing its own market costs. We are MANY years away from this.

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hello mate @funandkool

6 days ago

@danfaggella To steelman the skeptic’a case, however, one must admit that it is not yet fully established that non-verifiable domains lie on the current scaling trend line. If and when we start to see cross-domain transfer of RL…

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hello mate @funandkool

6 days ago

In other words, let’s take the example you gave: new drugs. OK, Anthropic develops the cure for cancer. Great! 6-12 months later Moonshot does too. How much time did Anthropic even have to produce and distribute that drug? Many people will get cancer after that and be able to choose Moonshot’s equivalent cure if it’s cheaper!

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hello mate @funandkool

6 days ago

@maxhodak_ Bottlenecked by the physical world. Anthropic cannot simply race ahead of open source because they still have to mobilize real things.

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hello mate @funandkool

6 days ago

@yishan Bro you can’t declare the singularity when we are still in the event horizon. We can see RSI in the distance but we aren’t there yet.

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hello mate @funandkool

6 days ago

@Drachs1978 True. People with abundant sexual options don’t have to get involved in those status games to begin with. Now the crash outs begin when the nerds realize they were never really superior but coping all along.

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hello mate @funandkool

6 days ago

@jdlichtman It invites the interesting question: what IS the most important day in the history of mathematics? The day Leibniz recorded the integral sign?