Devin Baker

America is the machine that builds the machines that builds the machines.

1. We believe the world is becoming more centrally managed than ever before, yet with growing unease and fragility in its interconnectedness alongside the meteoric rise of HPC-driven autonomous decision models - in money, but also in fundamental human rights. Therefore we must hedge against this artificial centralization by seeking a custody model out

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While more debt is not always bad, the lesson of history is that excessive private sector debt is often deflationary, whereas too much public sector debt is inflationary .

TAO emissions flow to subnets based on the amount of staked TAO each has attracted. This stake-weighted distribution system creates a market-driven approach to resource allocation. It’s a never-ending competition among subnets to produce the most valuable work, as determined by the network.

We’re becoming a culture that worships the jackpot and increasingly prices survival at zero.

Orderflow isn’t even solely owned by Pump, as about 30% of Pumpfun volumes originate on Telegram trading apps like Axiom or Photon. Without owning the consumer relationship via Pump.fun’s desktop and mobile front ends, it’s vulnerable to disintermediation out of the memecoin supply chain over time.

To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.

The argument in favor of a BSR is similar to the US’s rationale for stockpiling the largest amount of gold vs any other nation-state; it allows the US to assert financial supremacy over every other nation in the digital and physical realms. If Bitcoin is the hardest money ever known, then the strongest government fiat currency is the one whose cent... See more

If you want to change the world to a better place, the best way to do it is a for-profit because for-profits have to take feedback from reality. Ironically, for-profit entities are more sustainable than non-profit entities. They’re self-sustainable. You’re not out there with a begging bowl all the time.