Jake
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ngmi.co
Jake
@ngmi.co
techbro with philosophy degree working on global state machines that sync as fast as physics allows
blockchains are still the future of banking and now that banking regulators are allowing its usage anything else will be like coming up with the fastest horse for transit just as the automobile bursts onto the scene. hence, every major bank adding crypto rails and stripe building its own blockchain
November 11, 2025 at 2:41 PM
I was in going into high school when the Bitcoin white paper came out so before that I was into skateboarding and halo 3
What were assholes into before crypto and AI?
November 10, 2025 at 3:02 AM
People forget that the reason crypto transactions tend to be consensus voted in data centers is because ISPs will literally throttle your residential connection after a terabyte of egress.

If you care about the network IBRLing you need DC decentralization with private fiber and direct data routing.
Data centers that will be used to scam people, and process crypto transactions.

I despise every one of them.
November 7, 2025 at 4:47 PM
internet capital markets
put the stock market on the blockchain
November 6, 2025 at 11:35 PM
I do think other countries should start competing with the US on tech.

Not for political reasons, but just to be accelerating tech globally. Every country should be able to build and deploy their own satellites etc.

Even Eutelsat satellites have been made and launched from the US.

euacc.com
November 6, 2025 at 7:53 PM
TikTok and YouTube data centers need to be the first ones to lose power in a brown out
AI and Crypto data centers need to be the first ones to lose power in a brown out.
November 6, 2025 at 2:45 PM
My brain when tech bros talk about “blockchain”:
November 5, 2025 at 6:39 PM
There is some truth to the oversimplification of "just a spreadsheet", it's replicas of data propagated to a bunch of machines on the internet.

However, if you want an actually autistic overview of what goes into a modern blockchain, recommended reading:
www.helius.dev/blog/solana-...
November 5, 2025 at 5:58 PM
It's October 2022
Bitcoin crashes below $16k

It's October 2025
Bitcoin crashes below $100k
Crypto really cryptoing today huh
November 4, 2025 at 9:13 PM
I’m genuinely curious if @chrismurphyct.bsky.social found the Biden admin approach to crypto acceptable.

Courts were routinely dismissing those lawsuits as arbitrary and capricious.

The bipartisan support to nullify SAB-121 was vetoed.

What would my state representative do differently?
Here's an example of how Trump's corruption factory works.

1. Coinbase put $46M into elections to help Trump allies.
2. Sends him a huge check for his inauguration.
3. Trump drops SEC lawsuit against Coinbase.
4. Trump demands big donation from Coinbase for ballroom.

Done.
November 3, 2025 at 3:26 AM
People saying this simply don’t understand the mathematics of backpropagation
The AI industry doesn’t want you to know that massive job displacement is coming. They don’t want government to do anything to slow it or protect workers from it because AI leaders are planning to become trillionaires (not kidding) by destroying your jobs.
November 1, 2025 at 2:52 AM
Is the stock market crash in the room with us right now?
October 28, 2025 at 1:32 AM
“Time” is always the answer pundits and academics give as to why the collapse they predicted hasn’t happened yet.

Every year for the past 25 years there has been warning of a bubble popping. They were wrong 23 times.

Recall last year 16 Nobel prize economist said the economy should be plunging.
"The question is why this hasn’t all collapsed yet. The answer is actually simple: time. Economic systems have inertia. Institutions built over decades don’t crumble overnight" www.nytimes.com/2025/10/26/o... Hooboy
Opinion | It Is Trump’s Casino Economy Now. You’ll Probably Lose.
www.nytimes.com
October 27, 2025 at 1:59 PM
Sept CPI came in lower than expected:

CPI YoY: 3.0% vs 3.1% exp.
(And non-cpi inflation reports are even lower)

SPY YoY: +16.06%
DJI YoY: +9.07%
BTC YoY: +60.10%
GOLD YoY: +51.99%

Credit card delinquency YoY: Down 3.37%

Remember all those expert economists telling us this year would be bad?
October 24, 2025 at 2:22 PM
after years of people telling me it's all hype and going to 0 people finally admitting the crypto bros are doing well
The only people doing well right now seem to be AI executives, crypto bros and the Trump family.
CNN: Other than gas prices, when are other cost of living prices going to come down?

REP. LISA McCLAIN: Listen, we have a massive hole that we need to dig out from from the last administration

CNN: But this administration is 9 months in and Trump promised to lower prices on day one
October 21, 2025 at 6:58 PM
a lot of blockchain infrastructure runs on redundant thousands of bare metal servers all over the globe making it antifragile to things like aws downtime
Had all important financial and web-related activities been on blockchain, the AWS outage would have been barely noticed if at all. It’s time to evolve tech to the 21st century.
October 21, 2025 at 2:34 PM
Reposted by Jake
confident ignorance as tribal identity works great until reality selects for people who actually learned how things work
October 17, 2025 at 10:15 PM
idk if i just went to like a bottom quintile middle school but we def had this class

search operators, verifying sources, verifying citations on wikipedia, then making powerpoints of how we search like "here i used the query `("Milton Hershey" | "Hershey School") site:wikipedia.org`"
Weird how you don’t have to do this with Google. Despite the fact that there indeed is an art to Google searches. Which I didn’t have to take a “how to google stuff” class to learn, lol.
October 17, 2025 at 6:42 PM
TradFi loves this narrative because it enables them to continue being entrenched middlemen that skim 290 bips off txns, vendor-lock you to their proprietary systems, and act as permissioned finance gateways.

They also know that won’t last forever, so they’re tokenizing and building L1s (Stripe)
Blockchain is a worthless solution in search of a problem.

Crypto *is* absolutely a ponzi scheme.
October 11, 2025 at 7:48 PM
Reposted by Jake
This is because media companies spend quite literally the past 50 years convincing individuals that copyright as it is today is a neutral moral law of the world in which you have to play, and not a very recent development.
i think the root of this is that at some point ppl forgot that copyright is a _policy choice_ in order to achieve outcomes that are agreed upon as “morally good”, not a moral good in of itself!
I am still agape in horror at the fact that people who grew up on "You wouldn't download a car" became such deranged, bloodthirsty copyright enthusiasts
October 8, 2025 at 6:17 PM
“I don’t care about at-proto; I’m just here because I don’t like Musk and wanted Twitter 2.0. You must do what I say, or I’ll leave.”
October 7, 2025 at 4:21 PM
Poetry
October 7, 2025 at 3:45 PM
gm idiots
Only idiots are pro crypto lol
October 7, 2025 at 1:18 AM
Recommended reading for anyone who thinks blockchains aren’t real
www.helius.dev/blog
October 7, 2025 at 1:11 AM
There is a sort of revisionist history that GPUs gave a major advantage. Miners only used GPUs up until around 2013, then went to FPGAs briefly, and quickly converged to ASICs in 2013-2015.

GPUs can't deliver a hashrate anywhere near even a low-powered ASICs solo-miner, so miners don't use them.
The crypto bros who were buying up GPUs in bulk pivoted to a new and bigger grift and are still buying GPUs in bulk, just on a bigger scale.

The pending collapse is going to be catastrophic.
October 6, 2025 at 7:34 PM