https://t.co/JQTg7cNIIe happening right now! I'll be on at 2:45 PM ET with @starkness and @AlexLi98 to talk about The Forest and the Trees: Bitcoin's Future in the Era of Quantum and AI
So okay, so to take a evolutionary view, right? That new viewpoint prediction is exactly evolution had to solve by making animals move. You you nature give animals eyes. But nature didn't give trees eye. Eyes. Why? Because when you move, you see a new viewpoint.
I think this is one of the great tragedies of the moment, is the falling birth rates are making it more difficult for people to be excited about a more prosperous future that is difficult to get to. Because if we're planting trees of which our children will not sit in the shades, I don't know, maybe we should just make some lumber and burn it all down, right? I think there's a nihilism that can sneak into society much more easily when we are not DNA invested in the future
Another example is Bitcoin. It’s the Unix of money. You can send millions with a keystroke or rm your entire fortune. That’s more upside and more downside, by making people power users, and taking away the system administrator.
so many of the best practices that your lawyers, your bankers, whoever advisers you have, they're going to be pushing best practices on you that are younger than the trees in your local park.
we are moving into a world very quickly this year where proof of work is so important and I mean proof of work not in the Bitcoin sense but your proof of what you have done, your resume. And I don't mean your resume because nobody's going to believe that. I mean the actual work that you did which has to be visible
And it just so turns out that um this was extremely early, way too early. so early that we shouldn't have been working on that, you know, uh because um if you're just stumbling your way around and keyboard mashing and mouse clicking and trying to get rewards in these environments, um your reward is too sparse and you just won't learn and you're going to burn a forest uh computing and you're never actually going to get something off the ground.
Bitcoin is not going to catch on as a charity. In order for spending it to catch on persistently at scale (i.e. not just billions of dollar-equivalents in annual global medium-of-exchange volume, but trillions), it has to solve problems for spenders and/or recipients that other solutions are not doing.
Bitcoin moves in the direction of global liquidity 83% of the time in any given 12-month period, which is higher than any other major asset class, making it a strong barometer of liquidity conditions.
as the Bitcoin ecosystem matures, infrastructure improves, and more regulatory clarity emerges, I expect the frequency of these 'Black Swan' events to diminish over time.
As the forest grows darker, noisier, and less human, I expect to invest more time in in-person relationships and communities. And while I love meatspace, this still feels like a loss.
I found myself unexpectedly (and perhaps dangerously) inspired by Miller's discussion of the 15-acre plot of land he and his wife bought outside Nashville, where they're carefully cultivating the forest, planting extensive gardens, and organizing retreats.
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