Incentives are predictive. | Chronically online; Betting on the future | prev: @realvision @ethstatus
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Joined June 2016
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"The choice is a real one, because death can be embraced in a number of ways; the pursuit of perfection and eternity in all its manifestations is equivalent to choosing the idea of death over the idea of life" ~ The Alchemy of Finance
🌊Sebastian Moonjava🌊 retweeted
had to make this after what jon stewart said at the 41 minute mark
Joined Jon Stewart on @weeklyshowpod to talk about the AI bubble, the massive credit risk of AI data centers, Anthropic's S-1, and how American retail investors are massively exposed to the unwinding of the AI trade.
youtube.com/watch?v=3sDzlv-V…
🌊Sebastian Moonjava🌊 retweeted
Accessible tools for open and decentralized science, powered by privacy-preserving AI tech.
Excited for this
Announcing @archescience , an Open Substrate for Science.
We've been working hard on building Archē over the past few months. The goal is to create a simple, useful native tool for radical, open, decentralized science, integrating private AI models (exclusively through @AskVenice ) for literature lookup, live experimental tracking and assistance, and discovering other researchers and labs.
You can create your own profile, choose what to keep public or private, explore labs and research projects, send collaboration requests, and discuss research ideas with others.
Whether you're an active researcher or simply interested in exploring the scientific ecosystem, we'd love for you to give Archē a try and share any feedback you might have.
Through the Heterodox Research Society, we'll also soon be launching our flagship research programs and using Archē to organize, document, and share our work.
🌊Sebastian Moonjava🌊 retweeted
I think we may have identified why Europe is economically fucked.
As a Dutch person let me tell you it's way worse than it seems.
The AVERAGE stress related absence is 250+ days. The AVERAGE burnout related absence is 300+ days.
While on sick-leave, you can return to work for just 4 weeks and the 2 year period **resets**.
Your employer is forced to assist you in this. They have to pay for doctors, experts, and so on. If they don't, you get an extra year's wages.
While on sick-leave, you can work a second job. As long as this is outside business hours of the first job, or the work is different, your first employer still pays you 70%.
Here's another cool one: you can go on holiday during sick-leave. The employer can force you to use your vacation days for that, but then they have to pay you 100% of your wages rather than 70% during that period.
Simple solution: you just work with contractors right? No, because a contractor can just claim employee status after getting sick. Many such cases.
All of this is obviously broken. If you say this you're met with half-baked "worker's rights" arguments, as you can see in this comment section.
🌊Sebastian Moonjava🌊 retweeted
Spending 2-3 hours today on these could save your entire net worth
Accounts
1. Check if your emails have been leaked in a data breach haveibeenpwned.com. Change every leaked password first
2. Use a separate and non public email for CEXes, banks, social media. Don't open links on email
3. Use a password manager like @Bitwarden. Unique password for every account with 2FA and passkeys enabled (save passkeys in Bitwarden)
4. Stop using SMS 2FA. YubiKey or authenticator app only
5. Write down all your backup codes on paper, store it somewhere safe (fireproof and waterproof)
6. Bookmark every exchange and dApp websites. Never open them from Google or Telegram links
Telegram
9. Under Privacy, turn on Two-Step Verification (its a password), use Passkey and set Stars for Messages so random people cannot DM you
10. Check Active Sessions and delete anything you don't recognise
11. Set your phone number to Nobody
12. Never open files people send you, even from friends. Their account could be hacked
13. Ignore any "free to catch up" with Calendly links, you can catch up over Telegram message itself
14. Disable Auto-Download Media (under Data and Storage)
Wallets
15. Seed phrase on paper or metal. Never in a notes app or cloud or Notion
16. Cold wallets for large funds, best to use a multisig with cold wallets (p.s best to offramp more into your bank so you can sleep at night)
17. Split wallets to mitigate single attack vector: small hot wallet for dApps, cold wallet for the rest
19. Revoke old unlimited approvals (revoke.cash/)
Devices (Mac checklist mac.0xosprey.com by @0x_Osprey)
20. FileVault + firewall on, auto login off
21. Auto updates on
22. Delete browser extensions you don't use
23. Separate browser (or device) just for crypto
24. Never run a recruiter's "coding challenge" especially if its something to install
Misc
25. Don't use Zoom or Microsoft teams if you have to take a call
26. Remember you are not a VIP, no journalist is going to want to interview you for your takes nor will companies send you emails / letters to warn you of a compromised account
27. Some of the contacts that you saved on Telegram could be compromised, saving as contact doesn't do anything
28. Take note of some of the trading terminals that you have funds on, if the largest exchange can be compromised what more these smaller ones
29. Write a plan for if you get hacked, and leave one for your family
30. Remember to message @seal_911_bot if you have any emergencies @_SEAL_Org
Stay paranoid.
🌊Sebastian Moonjava🌊 retweeted
If Binance returns assets in-kind like previous large exchange hacks (Bybit) this is a list of what altcoins Binance would receive the largest buybacks
🌊Sebastian Moonjava🌊 retweeted
Mind-bending number. 1 in 7 Americans w/ $100m+ in assets could one day owe their fortunes to the AI cartels
Young, idealistic autisticrats who will reshape the startup scene, philanthropy, lobbying and culture
Fun to think about how they'll deploy their cash (likely into longevity, bio, space, defense, humanoids, de-extincting dinosaurs, etc.). But it's even more fun to imagine the cultural and political institutions they'll help fashion
@balajis's Network School @ns offers a tangible template here. They'll have the capital not just to dream up new institutions, but to experiment with entirely new ways of organizing society
🌊Sebastian Moonjava🌊 retweeted
Contagion Happened
A wallet linked to the sweep deposited 60M USDT into Aave and borrowed 19,762 ETH.
The Kelp/LayerZero parallel: collateral → ETH
As of 21:03 UTC, Oct 29.
USDT proceeded to freeze the assets before the contagion continues.
Update: etherscan.io/tx/0x28262fbbcb…
They just approved AAVE.
Contagion in full effect
🌊Sebastian Moonjava🌊 retweeted
Update: etherscan.io/tx/0x28262fbbcb…
They just approved AAVE.
Contagion in full effect
1/4 EIP-7702 can turn the wallet itself into the sweeper.
A Binance-labeled wallet moved 167,464 ETH + 63 tokens, including 1.615B USDT, just 3m24s after a signed delegation was installed.
This is bad.
etherscan.io/tx/0x53bd38b816…
🌊Sebastian Moonjava🌊 retweeted
*COINBASE (COIN) CEO BRIAN ARMSTRONG ADOPTS 10B5-1 PLAN TO SELL UP TO 8.17M SHARES (~$1.31B) THROUGH OCT 2027
*COINBASE (COIN) INSIDERS EHRSAM, COO CHOI ALSO ENTER 10B5-1 SHARE SALE PLANS FOR UP TO 3.87M AND 1.56M SHARES
$COIN
🌊Sebastian Moonjava🌊 retweeted
Anthropic will make ~1,000 employees worth +$100m at $2 trillion market cap.
There's ~11,000 Americans with $100m in investable assets.
So something like 1 in 12 Americans with $100m (liquid) will be from Anthropic. If you add in Openai, maybe 1 in 7.
They say if there is ever a major outage there wont be any warning.
We might be getting warnings ?
BREAKING: Pentagon investigates suspected cyberattack after freezers at 6 US military bases mysteriously malfunctioned, spoiling large quantities of food, per Reuters.
In at least one of the cases, the freezers did not simply stop working. Instead, the cooling units’ temperatures were cranked up overnight, yielding massive amounts of wilted or melted food in the morning.
It comes as the Pentagon prepares every major US military base to operate for at least 90 days without outside electricity, fuel, water or supplies, anticipating a major war.
🌊Sebastian Moonjava🌊 retweeted
AI is creating so much volatility right now, which you can see everywhere except in the volatility statistics.