∇ Gradient Descent
@gradient-descent.bsky.social
"Most people communicate to synchronize their arbitrary value systems, hoping to receive confirmation as to feel socially integrated. Nerds communicate to receive peer reviews of their thoughts, hoping to be proven wrong as a means to fuel their learning."
Bitcoin is only used by criminals. And some retail investors. And family offices. And trading firms and investment management companies. And other companies, many others. And banks. And pension funds. And Governments like El Salvador or Wisconsin.
Yeah, it's obviously only used by criminals.
Yeah, it's obviously only used by criminals.
May 17, 2024 at 6:53 PM
Bitcoin is only used by criminals. And some retail investors. And family offices. And trading firms and investment management companies. And other companies, many others. And banks. And pension funds. And Governments like El Salvador or Wisconsin.
Yeah, it's obviously only used by criminals.
Yeah, it's obviously only used by criminals.
Reposted by ∇ Gradient Descent
Reposted by ∇ Gradient Descent
You've probably been wondering: "How many eels is a cottage worth in 14th C. England?"
This is a reasonable question. I get it. And happily, I'm here to help! I included a chart showing this kind of equivalence in an article I wrote for History Extra, but here's an excerpt!
🧪🗃️
This is a reasonable question. I get it. And happily, I'm here to help! I included a chart showing this kind of equivalence in an article I wrote for History Extra, but here's an excerpt!
🧪🗃️
April 23, 2024 at 4:59 PM
You've probably been wondering: "How many eels is a cottage worth in 14th C. England?"
This is a reasonable question. I get it. And happily, I'm here to help! I included a chart showing this kind of equivalence in an article I wrote for History Extra, but here's an excerpt!
🧪🗃️
This is a reasonable question. I get it. And happily, I'm here to help! I included a chart showing this kind of equivalence in an article I wrote for History Extra, but here's an excerpt!
🧪🗃️
Remember, when Bitcoin was a thing of the future? Now it's a thing of the present.
Many major banks, stock exchanges, companies trading it. Banks have it integrated into their products, double digit percentage of the population using it.
Main use case: escaping deprecation of inflated currencies.
Many major banks, stock exchanges, companies trading it. Banks have it integrated into their products, double digit percentage of the population using it.
Main use case: escaping deprecation of inflated currencies.
April 20, 2024 at 8:37 AM
Remember, when Bitcoin was a thing of the future? Now it's a thing of the present.
Many major banks, stock exchanges, companies trading it. Banks have it integrated into their products, double digit percentage of the population using it.
Main use case: escaping deprecation of inflated currencies.
Many major banks, stock exchanges, companies trading it. Banks have it integrated into their products, double digit percentage of the population using it.
Main use case: escaping deprecation of inflated currencies.
Inflation is a hidden tax. Why hidden? Without hiding, it would be a regular tax and people would oppose it.
While regular tax is proportional to income, the hidden tax is proportional to financial illiteracy.
Rich people pay less of it, as they avoid cash.
Thus inflation is fueling inequality.
While regular tax is proportional to income, the hidden tax is proportional to financial illiteracy.
Rich people pay less of it, as they avoid cash.
Thus inflation is fueling inequality.
April 18, 2024 at 4:31 AM
Inflation is a hidden tax. Why hidden? Without hiding, it would be a regular tax and people would oppose it.
While regular tax is proportional to income, the hidden tax is proportional to financial illiteracy.
Rich people pay less of it, as they avoid cash.
Thus inflation is fueling inequality.
While regular tax is proportional to income, the hidden tax is proportional to financial illiteracy.
Rich people pay less of it, as they avoid cash.
Thus inflation is fueling inequality.
26% of the Swiss population is invested in Bitcoin.
So:
Either 26% of Swiss are scammers and criminals transacting in shadow markets..
..or Bitcoin is used by the broad population of this highly regulated, educated and conservative country.
So:
Either 26% of Swiss are scammers and criminals transacting in shadow markets..
..or Bitcoin is used by the broad population of this highly regulated, educated and conservative country.
April 11, 2024 at 6:59 AM
26% of the Swiss population is invested in Bitcoin.
So:
Either 26% of Swiss are scammers and criminals transacting in shadow markets..
..or Bitcoin is used by the broad population of this highly regulated, educated and conservative country.
So:
Either 26% of Swiss are scammers and criminals transacting in shadow markets..
..or Bitcoin is used by the broad population of this highly regulated, educated and conservative country.
Hunan Rights Foundation donates $500.000 for Bitcoin development and wants to keep doing so every 3 months.
Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself.
www.forbes.com/sites/digita...
Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself.
www.forbes.com/sites/digita...
March 19, 2024 at 7:47 PM
Hunan Rights Foundation donates $500.000 for Bitcoin development and wants to keep doing so every 3 months.
Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself.
www.forbes.com/sites/digita...
Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself.
www.forbes.com/sites/digita...
Reposted by ∇ Gradient Descent
I can say go to a dealership and tell them i believe the new 60k car i want has a fair price point of zero and list various reasons why.
That doesn't mean the car magically now has zero value, and that they will just give it to me for free.
It just makes me look ignorant and foolish.
That doesn't mean the car magically now has zero value, and that they will just give it to me for free.
It just makes me look ignorant and foolish.
March 18, 2024 at 7:25 PM
I can say go to a dealership and tell them i believe the new 60k car i want has a fair price point of zero and list various reasons why.
That doesn't mean the car magically now has zero value, and that they will just give it to me for free.
It just makes me look ignorant and foolish.
That doesn't mean the car magically now has zero value, and that they will just give it to me for free.
It just makes me look ignorant and foolish.
What's the best tool? A hammer or a screwdriver?
March 13, 2024 at 5:22 PM
What's the best tool? A hammer or a screwdriver?
It keeps amazing me, how - in our digital age - there's still a lot of people out there, who consider only physical things "real". Platon described the reality of ideas ~2400y ago. Identity, math, science, software, education - all ideas.
"I cant touch it, so it ain't real" is Pre-Platonic.
"I cant touch it, so it ain't real" is Pre-Platonic.
March 13, 2024 at 7:09 AM
It keeps amazing me, how - in our digital age - there's still a lot of people out there, who consider only physical things "real". Platon described the reality of ideas ~2400y ago. Identity, math, science, software, education - all ideas.
"I cant touch it, so it ain't real" is Pre-Platonic.
"I cant touch it, so it ain't real" is Pre-Platonic.
The 10 highest valued assets of the world by market capitalization.
Congratulations to Bitcoin - which just overtook Silver and is now #8.
Congratulations to Bitcoin - which just overtook Silver and is now #8.
March 11, 2024 at 7:32 AM
The 10 highest valued assets of the world by market capitalization.
Congratulations to Bitcoin - which just overtook Silver and is now #8.
Congratulations to Bitcoin - which just overtook Silver and is now #8.
Yesterday the tulip bubble finally popped! It was a bloodbath, all those bros lost their risky bets, got scammed! Store of value my ass! Back to zero - all licking their wounds.
At least that's what I read on Bluesky.
At least that's what I read on Bluesky.
March 6, 2024 at 5:06 AM
Yesterday the tulip bubble finally popped! It was a bloodbath, all those bros lost their risky bets, got scammed! Store of value my ass! Back to zero - all licking their wounds.
At least that's what I read on Bluesky.
At least that's what I read on Bluesky.
The top ten assets in the world by total market value (market cap). Be cautious with gold — in 1971, France was scammed, losing all its deposits and receiving worthless paper in return. That one might be a pyramid scheme.
March 1, 2024 at 3:02 PM
The top ten assets in the world by total market value (market cap). Be cautious with gold — in 1971, France was scammed, losing all its deposits and receiving worthless paper in return. That one might be a pyramid scheme.
Just finished "Principles of Economics" by Saifedean Ammous. He extols personal freedom and anarchic capitalism (too extreme for my taste, but fascinating as a model) for a good 400 pages, only to conclude with a chapter praising monarchy as the pinnacle of that. Really lost me there - what a nut.
February 18, 2024 at 4:08 PM
Just finished "Principles of Economics" by Saifedean Ammous. He extols personal freedom and anarchic capitalism (too extreme for my taste, but fascinating as a model) for a good 400 pages, only to conclude with a chapter praising monarchy as the pinnacle of that. Really lost me there - what a nut.
I just released a new TradingView indicator for calculating the monetary-debasement adjusted growth of any symbol. Great for understanding that it's not asset prices relentlessly appreciating, but rather our cash continuously losing value.
Debasement Adjusted CAGR Indicator by flocko
This innovative Pine Script indicator, "Debasement Adjusted CAGR," provides a nuanced approach to financial analysis by adjusting asset performances for monetary base inflation. It reveals the true, i...
www.tradingview.com
February 1, 2024 at 7:17 AM
I just released a new TradingView indicator for calculating the monetary-debasement adjusted growth of any symbol. Great for understanding that it's not asset prices relentlessly appreciating, but rather our cash continuously losing value.
Quite amazed by the simplicity and accuracy of this formula - found it today via regression.
January 22, 2024 at 8:58 PM
Quite amazed by the simplicity and accuracy of this formula - found it today via regression.
Reposted by ∇ Gradient Descent
This is unbelievable. The maternal mortality rate for millennials in the US aged 25 to 34 is 230% higher than it was for Gen Xers and 300% higher than it was for baby boomers of the same age
December 15, 2023 at 5:18 PM
This is unbelievable. The maternal mortality rate for millennials in the US aged 25 to 34 is 230% higher than it was for Gen Xers and 300% higher than it was for baby boomers of the same age
DIY Synthesizers: This here is a 'NOT' gate. A logical component from digital tech that 'negates' a value.
For a 5 volts input (='true'), it outputs 0 volts ('NOT true'... hence 'false').
Now, what happens when you interconnect the NOT gate into a paradox? When it takes its own output as input?
For a 5 volts input (='true'), it outputs 0 volts ('NOT true'... hence 'false').
Now, what happens when you interconnect the NOT gate into a paradox? When it takes its own output as input?
November 8, 2023 at 5:12 PM
DIY Synthesizers: This here is a 'NOT' gate. A logical component from digital tech that 'negates' a value.
For a 5 volts input (='true'), it outputs 0 volts ('NOT true'... hence 'false').
Now, what happens when you interconnect the NOT gate into a paradox? When it takes its own output as input?
For a 5 volts input (='true'), it outputs 0 volts ('NOT true'... hence 'false').
Now, what happens when you interconnect the NOT gate into a paradox? When it takes its own output as input?
Reposted by ∇ Gradient Descent
best package warning graphic i've ever seen 🪶
November 8, 2023 at 3:48 PM
best package warning graphic i've ever seen 🪶
Reposted by ∇ Gradient Descent
If something terrible happens to both the president and vice president of the US, the next person in the line of succession is a far right religious fanatic who thinks we need to return to those good old .18th century values.
New House speaker Mike Johnson praised â18th-century valuesâ in speech
Louisiana congressman told audience at 2013 anti-abortion event Americans should live by 250-year-old religious and moral values
www.theguardian.com
October 30, 2023 at 12:48 AM
If something terrible happens to both the president and vice president of the US, the next person in the line of succession is a far right religious fanatic who thinks we need to return to those good old .18th century values.
DIY project for analog synthesizer "Flowland 101" making progress. Cowbell, bass drum, hihat.. Next in line: snare drum, then step sequencer.
October 28, 2023 at 6:41 AM
DIY project for analog synthesizer "Flowland 101" making progress. Cowbell, bass drum, hihat.. Next in line: snare drum, then step sequencer.