Tag: Bitcoin

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Community Politics

1302 and Virtual Insanity

It’s a crazy world we are living in

A number of my friends and colleagues have descended on Nashville this week for the Bitcoin Conference. I didn’t make the trek as southern heat in mid-July isn’t for me.

Despite being remote, it’s been easy keeping up on the event. I connected various friends who all different politics & interests. It’s been a delight to get selfies and “ussies” sent to me as my network connects in person. My virtual network exist IRL.

Meanwhile back in “extremely online” land where I spend my workday it feels as if the virtual insanity is at a fever pitch.

We’ve been recycling the same fears of virtual worlds since I was a kid. When I was in middle school the big hit was Jamiroquai’s Virtual Insanity.

You may remember it as a catchy funk hit where a gentleman in a big black hat dances through an underground city.

Oh, futures made of, now, virtual insanity
Now we all, we seem to be governed by a love
For these useless twisting of our new technology
And now there is no sound, for we all live underground
Yes, we do, oh

Jamiroquai “Virtual Insanity” c. 1996

It doesn’t seem like much has changed in the intervening quarter century or so. Everything is a twisting of technology as hyper partisans battle for mindshare on who decides on who can owns the virtual world and its creations.

I hope it provides some small comfort that the things we are challenged by not new. Intractable human nature doesn’t change much. So before drowning in the virtual insanity consider doing something in real life. I’d be happy to facilitate introductions.

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Biohacking Internet Culture Startups

Day 1297 and Crypto Libertarians in the Age of Cyperpunk Anarcho-Tyranny

We are living in the past’s version of the future. The Cyperpunk I read in my youth is now the stuff of my daily life. It’s not as sleek as in fiction but it’s hard not to feel like it’s William Gibson’s world and I’m just living it.

The clubs looked a little sleazier as we escaped the aughts but we had a renaissance in technical tools for producing culture. Digital music and multimedia have exploded entire social media economies. Could Vernor Vinge be right and our economies will turn to creating data to train for the singularity?

We are only now getting Idoru but we are veering towards Burning Chrome. Half the anime avatars in accelerationist e/acc chats are wearing Mirror Shades and everyone watches for crypto rugs. But we are getting our Mt Gox Bitcoin back right?

What about borderless corporate worlds and mass scale surveillance identity? That’s here too. When William Gibson wrote “Disneyland with the Death Penalty” I wonder if he knew it would be the nexus of the network state debate?

I can turn on club kid techno from 2002 and look at a reality in 2024 and its aesthetic is pretty close to the details Jonny Mnemonic. A global pandemic that affects the nervous system of those infected which was accidentally released from a lab.

Johnny Mnemonic movie poster.

We’ve even got the LoTeks in a Luddite rebellion against a world connected by dubiously transparent artificial intelligence owned by actual Zaibatsu multinationals with more power than nation states. Fact and fiction spinning hyperstition better than Nick Land ever dreamed.

The vulnerability of our entire world to our digital networks was made dramatically apparent yesterday when Crowdstrike took a hot knife through the butter of corporate infrastructure and left us with blue screens of death.

It’s not real but it could be

Snowcrash and Crash Override? It’s better. We got amazing memes and elaborate fakes of the Blue Screen of Death. It actually did suck for airlines and banks because regulatory capture is the stuff of systemic risk.

And lest you think we’ve got no biohacking in this Cyperpunk world after the pandemic we have a renaissance in systemic & holistic approaches to medicine. Suddenly everyone is aware of the risk in agribusiness. Seed oils is normie stuff. Instead of turning Luddite the Danish invented advance metabolic medicine to cope. Everyone is on GLP-1 agonists.

Mix in the rise of nicotine and THC and you’ve got a national post prohibition bloom of folklore cures whose research has been suppressed by pharmaceutical companies and regulatory bodies alike. Conspiracy? Maybe but just the sludge of industry.

When I look at my own work I see the future arriving. We fund decentralized compute and marketplaces for inferences. We fund open source database software. We fund multi-sigs for hyper transactional blockchains. We fund nuclear fission that pulls its materials the sky.

And in that all of the is our founders are global citizens who have to manage anarcho-tyrannical borders with visas controlled by incompetent governments and live through the geopolitics of wars fought with drones and propaganda. The future is already here. It’s actually pretty cool. Just watch out for nervous system tics.

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Community Emotional Work

Day 1293 and Pollyanna

I’m a millennial who was mentored professionally by Generation X. Boomers rarely factored into my early work life. Even when I reported to the C suite and a board it was still mostly Gen X.

My Gen X mentors had a watercolor landscape of gentle layered cynicism that painted a picture I just didn’t quite see. I don’t have the temperament to see the worst in people and I still believe I could reshape institutions. I felt the biggest difference between myself and my mentors was that I was a bit of a Pollyanna. Many Millennials are earnestly optimistic.

That’s kind of a funny statement as I’m known amongst my social circle for my interest in what happens when things go wrong. I live in Montana in a small farmhouse with a solar grid. My husband who works in Bitcoin. I named my venture fund chaotic. My revealed prefences don’t scream “belief in the future” at first blush. I was taught that being prepared is how you end up with good outcomes.

Cynicism clashes with my belief that good outcomes are possible. Not only can we get wins but have to do so. There is no way out of our problems that is not through.

And I’d rather face that reality with a smile and a belief system in my fellow man. Better to endure regular disappointments than to never know the joy of things going well.

I want to approach the future as one that I can personally shape. Being allowed to contribute to a network that works collaboratively appeals to me because it’s fundamentally an optimistic vision. We can coordinate through all kinds of mechanisms for consensus.

Despite the cynicism of Gen X I am confident I wouldn’t have the dream of networked collaboration if their hackers and engineers hadn’t shown me we could build something better. Maybe that’s not cynicism but realism. And I hope that the realist camp contains lots of Pollyannas. Don’t stop believing and hold on to that feeling.

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Culture Politics

Day 1285 and Platform Changes

I don’t want to make this into a whole thing but the Republicans have posted the GOP party platform. The Silicon Diaspora is now such an important constituency we’ve got enough sway to move policy.

A network state of e/acc, crypto builders, Bitcoiners, El Segundo hardware startups, deep tech autists and white pilled Space dorks changed a political party’s platform.

And it wasn’t the one I expected. Scientific progress was something I’d come to associate with liberals. It would seem Democrats are not as certain about being technically progressive anymore. But the middle that builds is a constituency.

It’s such a small thing and I know politicians don’t have a track record of doing what they say. But the idea that a ragtag group of internet friends could get our issues given place of pride in a platform feels nice. A multimodal pro-social game yielded a positive sum.

We want more technology being built quickly by those with the agency to do so. We’ve got diseases to cure, climate change to adapt to, software to be coded, nuclear reactors to be spun up and a long path to space from there.

I hope the value of better medicine, better tools, and more ambition makes its way to everyone.

For now I think it’s cool that I can see where every line in this policy document came from. A very hodge podge group of internet weirdos in Discords, policy shops, Twitter communities, and group chats got politicians to agree with us. It feels kind of nice. I believe FreedomToCompute is a constitutional American right and we are proving our case

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Community Politics

Day 1277 and Don’t Lose Your Head

Everyone has their entertainment and mine is makes me a little bit of a stereotype. I hate podcasts but do most of my chores while listening to Bloomberg’s Odd Lots podcast.

I was catching up today with an interview with equities analyst Tom Lee. My attention got caught and stuck on his description of Bitcoin.

“Yes, Bitcoin is unlike other asset classes because there is a cooperative value. You know, the people who contribute to the network benefit from it. And that’s different than any other asset class.”

From Odd Lots: Why Tom Lee Thinks We Could See S&P 15,000 by 2030, Jun 24, 2024

Now I don’t think this is unique to Bitcoin. Cooperative value can be found in everything from nationalist politics to luxury handbag resale pricing. But I do this it’s important to have cooperative values be baked into a network for it accrue value.

We’ve traditionally mitigated concerns about market cooperation through clear property rights and legal protections. We’d backed up those claims with things as abstract as a monarch. We’ve evolved to it to the slightly more concrete full faith of the United States and Byzantine bodies of securities law. Fiduciary duty and all that.

But as we become less inclined to trust that the buck does in fact stop “anywhere” we are looking for ways to mitigate that risk. How to operate in a world without trust? You develop trustless protocols. Humans have plenty of intuitions about trust and many these intuitions struggle without a clear person with authority to act.

So I ask if we are heading into a “headless” age?

As distrust in institutional power struggles we are seeking out new ways to continue the business of life and civilization even if a high trust society is in question.

We’ve got networks like Bitcoin that work without a head. We have new corporate structures like decentralized autonomous organization (DAOs) that can operate strictly based on cooperative rules, and indeed now entire memetic cultures (like e/-cc) which hold power while being headless.

Lest you think this is some frontier tech idea that doesn’t apply to you we’ve headless content moderation systems & headless retail platforms. Huge swathes of financial tech is living above the API.

You could even argue that we’ve got headless political parties as the Democrats and Republicans both struggle with defacto heads nobody particular trusts. I don’t know if we can live in a headless democracy. Deciding who is a citizen is a very different matter than deciding who is a shareholder.

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Internet Culture Preparedness

Day 1261 and the Jackpot

Dedicated roamers of the internet are people who like to notice things. Cyperpunk aesthetics made it romantic to experience global abstractions even as the reality of the power of oligarch, state and corporation blended into murky dystopian reality.

I said recently on this photo that we’ve got to stop hyperstitioning William Gibson. We keep finding ourselves further into the future. Just look at these anonymous accounts (so you can enjoy being a participant in the propaganda) joking about a drone operator in Ukraine.

We have netrunners. They’re autistic Ukrainian drone operators and their ice baths are niccy rushes

It’s hard to remember that real people exist on the other side of the abstractions. And yet here we are about to be those real people facing history. And it does seem like the time for taking action is now.

Venkatash Rao wrote an essay “many shoes are dropping” that gave me the kind of frisson of living in future, but as Gibson famously says, a bit unevenly. Across all narrative and technical arcs and and inside geopolitical realities we are starting to see the change.

In this I can’t help but see Gibson’s Jackpot. The elements that Rao calls out are multiple significant elections (not the least of which is the final installment of Biden vs Trump), the capital and nation state power consensus he calls “after Westphalia” and the intertwined fates of artificial intelligence and crypto.

A lot can change in a world where every form of power is being tested. I’ve written about this Jackpot energy before.

The fictional “jackpot” described in the novels is an “androgenic, systemic, multiplex” cluster of environmental, medical and economic crises that begins to emerge in the present day and eventually reduces world population by 80 percent over the second half of the 21st century

The Jackpot Trilogy.

I myself think it a privilege to even be a bit player in this moment in time. That I can allocate resources in any way feels high leverage in a way I didn’t anticipate experiencing.

We are the adults in the room. It may not be mich but we have agency. I feel good about putting my focus on crypto, AI and nuclear energy. Like Rao I can tie together past thoughts across a wide corpus by writing here every day and make decisions based on what has emerged.

Categories
Startups

Day 1254 and Zipppp

I hadn’t expected to have a busy day. I’m really not enjoying having Covid. It’s an inconvenience and it sucks.

But suddenly I was getting all good news from all sides. A startup with a round. Another founder preparing to go out for an enviable raise with exceptional traction. An SPV for a round everyone wants in on. A colleague who had been thinking of taking action on a thesis is going to run an experiment. It’s just all very much my investments and my ecosystem thriving.

I felt like I was in William Gibson’s Jackpot. Incredible things are happening across so many industries and the world is an absolutely chaotic mess. It’s nothing but wars, gerontocracy and resource constraints out there. But here we are working.

Chaos pulls acceleration out of us because we must solve the problems in front of us. War and geopolitical turmoil and climate change require us to shoulder more.

We have real engineering challenges in compute, nuclear, decentralized systems, artificial intelligence and open source to solve to get to meaningful breakthroughs.

The problems are not easy. But our tools are getting better and the compounding effect of this renaissance in intelligence is that we might be able to build for bigger things.

Doomerism wants to focus on how bad things are. And I am the last person to disabuse you of a realistic model of what we are up against. I live off grid in Montana, I own crypto and I like my freedoms.

Humans are resourceful. Given ingenuity and incentive incredible talent has the will to say that I will take on this piece of the future for all of us.

It’s such a privilege to be woven into the ecosystem that is getting us through the Jackpot. And dare I say maybe the application of our ingenuity gets a better result and we can improve on Gibson.

The fictional “jackpot” described in the novels is an “androgenic, systemic, multiplex” cluster of environmental, medical and economic crises that begins to emerge in the present day and eventually reduces world population by 80 percent over the second half of the 21st century

The Jackpot Trilogy.

Maybe we can improve on these numbers. We’ve got the doomer version in our imaginations so now we can find a solution. Life, as Jeff Goldblum reminds us in Jurassic Park, finds a way.

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Medical Travel

Day 1248 and DayQuil High

I got a bit of a viral thing going on as my time in Austin for the Consensus conference wraps up. I feel as if missed a lot of time with people I’d wanted to catch up with simply because I was sick. I made it to all the programming and a few gatherings.

I am not the only one who is being stricken by various forms of infection. It seems like a lot of folks even at the conference were struggling. So perhaps it’s just a case of conference crud but it’s still annoying as nothing is so awful as a DayQuil high.

If I missed hanging with you I am very sorry. I am available on other channels. And I hope my panels were ok! For now I’ll rest and appreciate that the DayQuil high is keeping the misery at bay

Categories
Internet Culture Startups

Day 1245 and AI: Tool Versus Master

A bad workman blames his tools

Idiom

As we rapidly accelerate the power of our computing tools, machine learning has blossomed into the most heated topic in government policy, business strategy, and popular culture, as artificial intelligence begins to affect everyday life.

The focus on harms, and in particular singularity doomerism, has (ironically) pulled focus from the implications of the seminal “attention is all you need” paper.

Astonishing as it may seem at times, intelligence does not top out at “median human”, but can, and possibly will, go much further.

What a triumph this represents. We will all have access to tools that will enable our entire species to build. More intelligence applied to more problems means more solutions to very real human problems.

I am in Austin Texas for Consensus 2024. I’ll be participating a town hall to discuss how crypto’s mindset of open-source, decentralized computation might help us grapple with who builds, maintains, & owns AI tools.

Policymakers and Silicon Valley executives are both calling for regulation of artificial intelligence as fears grow over its potential harms. But others warn of entrenching a dominant, opaque, centralized Big Tech model and instead advocate for open-source code, decentralized computation and distributed data sourcing. Whom should policymakers listen to? What, if anything, can governments do to help this vital technology evolve in a pro-human way?

Thankfully, we aren’t starting from scratch in building a regulatory framework for artificial intelligence. Code has been treated as speech in Bernstein v. United States Department of State. It would seem like a reasonable precedent to consider algorithms speech as well.

And let us be clear, math and computing power are as essential as speech. In today’s world, they ARE speech. Humans may speak in natural language, but the way we extend ourselves, build things, and grow as a species is through our tools. Computation is a tool. To presume that these tools do harm is to make us bad workmen.

Now of course incumbent powers may try to keep the disruptive and democratizing power of these tools out of the hands of the populace “for their own safety”, but imagine if the first amendment had been frozen in time at the printing press and didn’t protect the internet? We cannot accept permanently lowered standards of fundamental rights.

The 90s era fight for strong encryption enabled a flourishing of digital businesses from finance to e-commerce. We must insist that the freedom to innovate remains the default for U.S. digital policy.

Ultimately, I agree with R Street’s Adam Thierer. He says “fear based narratives that prompt calls for preemptive regulation of computational processes and treat AI innovations ‘as guilty until proven innocent’ are no way to make good policy.”

America does not have a Federal Computer Commission for computing or the internet but instead relies on the wide variety of laws, regulations, and agencies that existed long before digital technologies came along.

R Street Comments on NTIA

If we are to regulate sensibly, let us treat artificial intelligence as we would any other tool and let us do so within the existing framework of our constitutional rights and their interpretations within past precedents.

Categories
Startups Travel

Day 1244 and Twenty Four Hours To Go

Discussing travel mishaps has become something of a national pastime for Americans.

Memorial Day Weekend is the official kick off to summer and I had the good fortune of doing a transcontinental flight. And by and large it went smoothly and enjoyably. It was a record breaking day for travel.

I was on a route I’d never done before flying Munich to Houston. I was on my way to my favorite crypto convention Consensus.

Despite the record breaking number of travelers, I had a pleasant United flight. The westward flights can be tricky for sleep as it’s not an overnight.

The logistics of this worked out as I slept 6 hours before a 4am wake up for the positioning flight and then on my flat lay got nearly a very decent four plus hours.

Munich to Houston is 10 hours & I slept well

My RHR was pretty high from the stress of flying but I was quite impressed that I got restorative sleep and REM. Those flat lays on Polaris really are worth it.

Once I landed in Houston I had a short layover where I was lucky enough to enjoy a sit down meal in the Polaris Lounge. I only wish I’d had more time to enjoy it but clearing customs, going back through security and rechecking luggage takes time.

United Polaris Lounge menu in Houston

After all this incredibly pleasant travel there has to be something right? I had a half mile walk to the E gates for my Austin flight. Americans don’t queue well so I arrived at the beginning of boarding. The entire plane boarded only for us to realize we had a serious mechanical issue.

We then deplaned and walked from the end of E gates to the very end of the C gates (about 22 minutes as the New Yorker walks and a mile and a half) to get to the new plane.

The crew was in danger of timing out while catering needed to do a supply for a down line flight. Someone’s executive decision worked in our favor as we got into the air without getting ice for whoever had the airplane next.

What is a two hour drive turned into a five hour ordeal but I made it in one piece and passed out much later than I intended after a full twenty four hours in transit.

Finally asleep at my hotel in Austin after a 4 hour mechanical failure & airplane change for a 30 minute fly time

If you are in Austin and interested in discussing the intersection of crypto and artificial intelligence I’d love to hear from you. I might need a bit more sleep first though.

A 10,000 step day is pretty good when most of it is sitting on airplanes.