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Vitalik shared his perspective on where @ethereumfndn is heading. Here is mine, another part of the same story. The EF Mandate from the board was something I proposed late last year. Two main things prompted me. First, debates that were meant to be technical had started to become political and personal, and at times shaped by quieter incentives. Second, as EF grew, more and more versions of "what EF should be" began pulling at the core of the organization from every direction at once. I became convinced that trying to satisfy all of them would leave us achieving nothing at all. It was time for us to restate our role and underlying principles clearly, both the parts that have been clear from the start and those that have been informed by over a decade of experience. We have said it many times: EF is one of many nodes in Ethereum. I know that is hard to hear for some, because EF was the first group, and in the early years it was essential for making things happen. But it was never meant to stay that way. I have been in crypto since 2012, before it became an "industry." I joined Kraken in 2013, shortly before the implosion of Mt. Gox, which I helped to clean up. I am very aware of how real growth works, and also aware of the real risks of centralization. So when I became ED in 2018, I understood that Ethereum growing beyond EF would be essential to fulfill its real promise as a public blockchain. The goal I set for myself was to ensure that this happens. The opposite path has always been untenable: Ethereum's future is too big for any single organization to bring about. So EF made deliberate choices to distribute power. We did incubate and release, like Uniswap and ENS. Support to seed a new norm, like ETHGlobal and the hackathons that are now everywhere. Funding the funders, like Gitcoin and Moloch. We always asked the same question: how does this stand on its own, without us? Those experiments, alongside the work of countless others, contributed to where we are today. Ethereum is now far bigger than anything EF could coordinate alone. EF now holds less than 0.2% of all ETH, and the return on all of that shared work, together with extraordinary people across the ecosystem, has been beyond anything we could have built by ourselves. That is exactly why a focused EF is possible now. The Mandate states simply the one thing EF must keep carrying: preserving and accelerating the properties and goals that keep Ethereum uniquely valuable, competitive, and worth building on. That is: CROPS - for the sake of inalienable user self-sovereignty and self-sovereign coordination. We cannot do it alone, and we do not intend to. But defining this as the north star for the mission, and coordinating with the allies who share it, is the responsibility we are keeping. None of this means EF stops caring about adoption, for everyday users or for institutions. The opposite is true: everything we do is ultimately for the people who use Ethereum. Supporting adoption, including institutional adoption, remains part of our work, pursued in the ways that fit our mission. The value proposition of Ethereum for both everyday users and institutions rests heavily on this. As EF becomes more focused and more opinionated, the team naturally becomes smaller and more concentrated. That is part of the choice. New leaders are already stepping into this mission and growing within it, and you will hear more from our management in the coming weeks, about what they are doing, and about the new structure and strategy taking shape. The mission we carry is not a smaller one, but a clearer one. Special thanks to those who have stepped in to support, defend and advance it.
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In 1965, Paul Harvey broadcasted “If I Were the Devil.” It is really amazing to realize over 58 years ago how accurately he “prophesied” the future spiritual condition of the United States. Many of his statements were considered ridiculously outlandish at that time in history. Yet, we find ourselves today experiencing what he predicted.
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Lewis & Clark crossed a continent because they believed America’s future was worth claiming. 222 years later, the choice is ours: managed decline or national renewal. We were not handed this inheritance to shrink from it. We were handed it to carry forward.
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Black History Month is a time to recognize the lived, shared experience of all Black folks who have fundamentally shaped, challenged, and ultimately strengthened America. It’s about taking an unvarnished look at the past so that we can create a better future. As we mark 100 years of celebrating Black history, let’s honor the sacrifices of the leaders who came before us, and recommit ourselves to continuing their work.
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Elon Musk just said work is about to become optional. Not reduced. Not restructured. Optional. Musk: “AI and robotics will be able to provide all the goods and services that anyone could possibly want.” Every good. Every service. Every task you’ve ever been paid to perform. Done by something that never sleeps and never stops improving. The follow-up question was simple. What do people do when there’s nothing left to do. Musk: “People will be able to do whatever they want with their free time.” Humanity has chased that sentence for ten thousand years. It might be the most dangerous thing we ever catch. Strip away the job title. Strip away the paycheck. Strip away the alarm clock and the structure and the thing you tell strangers at a dinner party when they ask what you do. What’s left. That question is going to dismantle more people than any layoff notice ever could. We didn’t just build careers. We built selves. Entire identities organized around being useful. Being needed. Being the one who does the thing. The machine doesn’t replace your labor. It replaces the story you tell yourself about why you matter. Then Musk said something that landed harder than anything else in the conversation. Musk: “What I predict to happen is not the same as what I want to happen.” The man building this future just told you it’s not the one he’d choose. That’s not pessimism. That’s the rarest thing in tech right now. Honesty from someone with the vantage point to see what’s coming. He’s not pitching a utopia. He’s reading the math out loud. And the math doesn’t care what anyone prefers. We spent all of human history trying to free ourselves from labor. We’re about to discover that the struggle was the meaning. Not the obstacle to a good life. The architecture of one. The question Musk is really asking isn’t economic. It’s whether humanity can survive getting exactly what it always wanted.
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For anyone living under a rock, know that SpaceX IPO is coming What this means for the average me and you: liquidity is gonna come into the market. With the Clarity Act for crypto coming in too, it will be a wave of pumps. You should already realise BTC is holding above 80k and ETH above 2.2k, and BTC.D is around 60%. Any drop in BTC.D will pump some alts and lead to more pump on memes. Meme season is not just talk. The last round we saw BTC.D drop, memecoins rallied to billions like $BRETT History typically repeats itself strikingly similarly. Market has been good to us, giving us discounts to get into memes at the lows before a billion MC. For anyone still considering it is "too high", start DCA-ing your bags. Your future self will thank you. There are times we don't buy the exact low and sell the exact top. What happens afterwards? I still think Michael Burry's take of AI bubble is right, just delayed. We don't go up forever. Stocks are making new ATHs even when war is ongoing, everyone is happy. Similar to dot-com bubble or 2008 housing bubble? Yea. When? Don't know. I might hold more USDT and short the market around that time when more confluences come to confirm. Just like how I sent the warning to hold more USDT when btc dropped around 115k (even though it wasn't the exact top, it was good enough). What I know is we can choose to position ourselves in the right place at the right time first. What's best is that we can copy homework from the best in class for free 😂 getting good grades together is a blessing 😉 Last thing to add: no matter what, train yourself to take profits. Partial profit or 10% each time the market pulls back. Paper gains are just paper gains. Only when you realised them in your pocket are they actually your gains. No point wasting time celebrating paper gains and not rewarding yourself by taking profits.
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If Elon Musk becomes a trillionaire, it won’t be his win - it’ll be ours His day-to-day life won't change. It's just a title change. But here is what that reality actually looks like for you: • Robotaxis ➝ Millions of autonomous vehicles ready outside your door, taking you anywhere for just ~$0.20 a mile.....drastically cheaper than current Uber rides • 100x Safer Roads ➝ You won't have to drive. The car will drive you, reacting flawlessly and making fatal accidents a thing of the past • The Age of Optimus ➝ A personal humanoid robot in your home handling your daily chores and heavy lifting so you never have to lift a finger • Healing the Human Body ➝ Neuralink curing paralysis, restoring vision to the blind, and pushing the boundaries of human-AI symbiosis • Global Connectivity ➝ Starlink beaming high-speed internet to the most remote, unreachable corners of Earth • Energy Independence ➝ Solar roofs and home batteries letting you produce self-sufficient energy, giving you a reliable grid and letting you sell power back • A Multi-planetary Future ➝ Starship taking humanity to the Moon and Mars, opening up space tourism, and pushing civilization toward Kardashev Type II The ultimate irony is the same politicians demanding we dismantle "billionaire monopolies" literally had to beg SpaceX to rescue their astronauts because the legacy government contractors left them stranded in orbit haha He is an engineer and an innovator. His net worth is simply the scale of the services provided. If his companies don't drastically improve your life, the stock crashes and the wealth vanishes His net worth is just a tracker of how much he has advanced humanity
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Quantum mechanics, quantum reality, and quantum state are the state preceding the reality of a future measurement. Bitcoin Treasury Companies, and in particular the players in each jurisdiction that will become the leading issuers of European and global digital credit, are in fact offering today the quantum reality of future Bitcoin amplification. Institutions today are aware of it, understand the implications and are positioning accordingly. This is the first time in History we witness an asset on which all countries currently engaged in geopolitical tensions, as well as financial institutions worldwide, are aligned. In fundamental physics there is rarely any randomness. It is about maths and vector functions. Here the vector functions are pointing in the same direction, and players like us @_ALCPB, are positioning ourselves to be the quantum reality of future Bitcoin amplification. Capital B, Europe’s First Bitcoin Treasury Company, working relentlessly for more bitcoin per fully diluted share over time 🟧⚔️
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Two years ago, I wrote this post on the possible areas that I see for ethereum + AI intersections: This is a topic that many people are excited about, but where I always worry that we think about the two from completely separate philosophical perspectives. I am reminded of Toly's recent tweet that I should "work on AGI". I appreciate the compliment, for him to think that I am capable of contributing to such a lofty thing. However, I get this feeling that the frame of "work on AGI" itself contains an error: it is fundamentally undifferentiated, and has the connotation of "do the thing that, if you don't do it, someone else will do anyway two months later; the main difference is that you get to be the one at the top" (though this may not have been Toly's intention). It would be like describing Ethereum as "working in finance" or "working on computing". To me, Ethereum, and my own view of how our civilization should do AGI, are precisely about choosing a positive direction rather than embracing undifferentiated acceleration of the arrow, and also I think it's actually important to integrate the crypto and AI perspectives. I want an AI future where: * We foster human freedom and empowerment (ie. we avoid both humans being relegated to retirement by AIs, and permanently stripped of power by human power structures that become impossible to surpass or escape) * The world does not blow up (both "classic" superintelligent AI doom, and more chaotic scenarios from various forms of offense outpacing defense, cf. the four defense quadrants from the d/acc posts) In the long term, this may involve crazy things like humans uploading or merging with AI, for those who want to be able to keep up with highly intelligent entities that can think a million times faster on silicon substrate. In the shorter term, it involves much more "ordinary" ideas, but still ideas that require deep rethinking compared to previous computing paradigms. So now, my updated view, which definitely focuses on that shorter term, and where Ethereum plays an important role but is only one piece of a bigger puzzle: # Building tooling to make more trustless and/or private interaction with AIs possible. This includes: * Local LLM tooling * ZK-payment for API calls (so you can call remote models without linking your identity from call to call) * Ongoing work into cryptographic ways to improve AI privacy * Client-side verification of cryptographic proofs, TEE attestations, and any other forms of server-side assurance Basically, the kinds of things we might also build for non-LLM compute (see eg. my ethereum privacy roadmap from a year ago ), but for LLM calls as the compute we are protecting. # Ethereum as an economic layer for AI-related interactions This includes: * API calls * Bots hiring bots * Security deposits, potentially eventually more complicated contraptions like onchain dispute resolution * ERC-8004, AI reputation ideas The goal here is to enable AIs to interact economically, which makes viable more decentralized AI architectures (as opposed to non-economic coordination between AIs that are all designed and run by one organization "in-house"). Economies not for the sake of economies, but to enable more decentralized authority. # Make the cypherpunk "mountain man" vision a reality Basically, take the vision that cypherpunk radicals have always dreamed of (don't trust; verify everything), that has been nonviable in reality because humans are never actually going to verify all the code ourselves. Now, we can finally make that vision happen, with LLMs doing the hard parts. This includes: * Interacting with ethereum apps without needing third party UIs * Having a local model propose transactions for you on its own * Having a local model verify transactions created by dapp UIs * Local smart contract auditing, and assistance interpreting the meaning of FV proofs provided by others * Verifying trust models of applications and protocols # Make much better markets and governance a reality Prediction and decision markets, decentralized governance, quadratic voting, combinatorial auctions, universal barter economy, and all kinds of constructions are all beautiful in theory, but have been greatly hampered in reality by one big constraint: limits to human attention and decision-making power. LLMs remove that limitation, and massively scale human judgement. Hence, we can revisit all of those ideas. These are all things that Ethereum can help to make a reality. They are also ideas that are in the d/acc spirit: enabling decentralized cooperation, and improving defense. We can revisit the best ideas from 2014, and add on top many more new and better ones, and with AI (and ZK) we have a whole new set of tools to make them come to life. We can describe the above as a 2x2 chart. There's a lot to build!
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The future is being discussed online right now. So why are so many AI answers still based on old summaries? Most search tools give you conclusions. AnySearch shows you the conversation. Fresh discussions. New videos. Recent posts. Live sources. Because when you're asking about tomorrow, yesterday's answers aren't enough.
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