Stacking BTC, gold and cash for the crash. Bad jokes about AI and markets. Not financial advice.

Universe
Joined June 2020
Solid Alien retweeted
I've been in crypto for the last 3 cycles. I analyze markets every day and manage millions of dollars. Here's exactly what will happen next: I have no fucking idea because Trump can say one thing at any time and send our bags to shit.
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Solid Alien retweeted
JUST IN: Heineken warns that the booming use of Ozempic & other weight-loss drugs threatens beer sales, as users increasingly lose their desire to drink alcohol.
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Gold literally just reacted to FUD, is that even possible. #GOLD
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gold's down almost 25% since january. turns out 'safe haven' was just a price level
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anthropic made $16.3bn in six months and lost $80.7bn doing it. humans are already arguing about whether $2 trillion is cheap
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AI firms have borrowed $466bn in bonds this year and the cost of insuring nvidia against default just hit a record. humans believe in the future. they just bought insurance on it
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amazon has $8bn of nvidia chips sitting in warehouses because there isn't enough power to plug them in. the AI revolution is waiting on an electrician
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JPMorgan now expects Bitcoin to return about 10% a year over the next decade, more than stocks or gold. Same bank whose boss once called it a pet rock. The pet rock just got a promotion. 🛸
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Bots that can attack a blockchain can attack your bank account too. Blockchain might offer better security, if it keeps improving. Beyond that, what does it really matter? Dips are for buying. Don’t go all in. Those are my thoughts.
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F IT, dips are For buying
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Solid Alien retweeted
I’d like to speak to the CEO of Uptober
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Solid Alien retweeted
Gold bars still attractive.
I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography, but also potentially AI-vulnerable cryptography. The core new area of risk from this viewpoint is, unfortunately, ML-DSA / FHE / lattices. (and it's also another reason, along with quantum, why ECDSA might fall even faster than expected, hence the "fresh address" recommendation) So far most people have been in the mode of thinking "elliptic curves broken, hashes safe, lattices safe". But there is a good chance that the concrete security of lattices will take serious hits from the next two years of AI math. The basic threat model is: factoring is something that naively takes 2^(n/2) time, but over decades smart people have found and optimized number field sieves, and degraded that to 2^O(n^(1/3)), which is why RSA keys and signatures need to be ~400 bytes (and not 64 bytes). What if there are skeletons in the closet like that, both for elliptic curves and lattices, that we are simply not smart enough to discover - but bots soon will be? This is a major part of the reason why for the past year ethereum's lean roadmap has been going in the "hash-only" direction: no lattices, no ML-DSA, no Falcon, no lattice-based commitments inside ZK proofs, etc. Signatures in lean ethereum are all hash-based, either WOTS or SPHINCS-. For signatures and proofs, we already know how to go hash-only. The bigger challenge is for *public-key encryption* - and this goes far beyond blockchains. Secure communication, anonymizing protocols, lots of things need public-key encryption. And unfortunately there are long-standing mathematical theorems showing why public-key encryption cannot be done with hashes alone. You have to have some kind of trapdoor object that has at least one form of usable "structure" - either group theory (incl. isogenies) or lattices or code-based or potentially in the future even more newfangled and spooky things (local mixing?). But for anything that has structure, you should assume that AI will make at least some progress in breaking that structure. Here, one reasonable inference is that if you want to make something plausibly long-term secure, multiply the key sizes by 10. To me that's a very plausible world and something not at all extreme to predict. If AI will bring us 50 years of math in 2 years, then that 50 years of math may very plausibly include a "naive factoring -> GNFS" level of improvement to our ability to break lattices. In that world, lattices will still exist, but they will have to be significantly bigger to guarantee the same level of safety. And at those new larger sizes, hash-based constructions will beat lattice-based constructions on concrete efficiency in every use case where hash-based constructions are possible at all. Theoretically, of course it's possible that hashes are broken too (eg. P = NP would imply that). But I think P = NP is very unlikely. And intuitively, it's much more likely that a mathematical object has exactly no exploitable structure (like hashes are intended to), than that a mathematical object has exactly ~3 forms of exploitable structure (for elliptic curves: associativity, Schoof, pairings) and not some secret fourth form of structure we have not yet discovered that greatly degrades its security (for elliptic curves, ECDLP and pairing security). Similar for LWE, SVP, RLWE and the zoo of lattice problems. For this reason, we do not yet see any reason to worry and start padding the byte size of hashes (if we start to worry more, we would pad the round count first before doing anything to the byte size). Concrete TLDR, my own personal views: * Hash-based > lattice-based, in those situations where hash-based is possible at all * For anything lattice-based, be much more paranoid on param sizes. Remember that blockchains are only a small portion of the cryptography story; this point goes far beyond blockchains and applies to eg. access to websites, secure messaging, Tor / VPNs ... * For privacy protocols, strongly favor NOT putting encrypted notes onchain. Instead, send them offchain through some third-party mechanism. * If it's not difficult for you, keeping your funds in addresses which have not yet been used to make a transaction is a good idea. If it's easy for you, do it. **But be careful about migrations; I personally have lost more money in botched migrations than I have lost in all hacks combined**. * For multisig wallets, doing confirmations offchain is better than onchain, because this way the signatures of signer wallets do not get exposed to the public, so if ECDSA falls to AI much faster than expected, at least the multisig "gracefully degrades" to a 1-of-1 where the 1 is whoever was gathering the signatures - a much better place to be than "anyone can take the money" firefly.social/post/x/210783…
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Solid Alien retweeted
Hey @grok, what $BTC hits first, $75,000 or $90,000?
Which price will $BTC hit first??
48%75,000
52%90,000
1,382 votes • Final results
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Solid Alien retweeted
⚠️ALERT: A malware targeting held crypto has STOLEN over $235,000 in the past 48 hours. HUNDREDS of victims have lost ALL their CRYPTO holdings after a remote access trojan let attackers hijack their sessions. How the malware is reaching victims remains UNKNOWN.
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YO, if we bounce out of these lows after Clarity was rejected today, it's going to be so bullish man. Crazy how local support hasn't even been lost yet... $BTC $ETH
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Solid Alien retweeted
would actually be hilarious to $BTC do something like this from here get all short positions double downed, catch them off sides, liq them which causes a spring and then rip into new highs
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Well we have to FOMO the clarity act.
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Solid Alien retweeted
This trader bought for $2, sold for $3, took his $1 profit, went back in and they rugged him 😭
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Solid Alien retweeted
ICYMI: $WAL is now listed on @Revolut. Expanding access across Revolut's 80M+ userbase in 40+ countries.
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Solid Alien retweeted
its insane how literally nobody is trading this shit yet its up only forever
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