Damus

Recent Notes

hopium · 9w
don't think that will happen
Adam Dunlap ⚡️ · 15w
At some point you have enough. Obvi upside is lower now. A lot of people are ready to sell some
ODELL · 16w
do you think he actually believes this or knows he is full of shit? https://blossom.primal.net/db9f7cd51194e32e00df2a02cc206c4d8a9b007ade7fd525feff2b66604dbe00.jpg
null profile picture
The “AI” race is mostly just about securing compute for the US. It’s a chip war. Generative AI is a parlor trick to get the most hash rate possible on US soil. That compute is then used to mine bitcoin or secure another proof of work digital currency. Elon is smart enough to know you need digital gold baked by compute, not digital fools gold backed by IOUs and empty promises.
ZambiaRoots · 27w
That makes sense. To make sure I understand, the market comes to equilibrium. Therefore short term price increases might be due to lack of supply of a particular good, but over the long run all price increases are due to the increased supply of money?
ZambiaRoots · 28w
100%? What about the supply of goods side of things? It seems to me that if there is decreasing supply (chickens laying eggs) of a good and demand is constant (people want to eat the same amount of eggs) then price will increase. Is there a different name for this type of increase than inflation? T...
matevz · 34w
I agree. They should be, but they're not.
matevz · 34w
I agree. They can be, if you want.