Jake
@ngmi.co
techbro with philosophy degree working on global state machines that sync as fast as physics allows
We should look into getting more AI data centers here in CT. They're funding upgrades to inefficient and dangerous water infrastructure like we just saw in Waterbury.
December 19, 2025 at 8:39 PM
We should look into getting more AI data centers here in CT. They're funding upgrades to inefficient and dangerous water infrastructure like we just saw in Waterbury.
It depends. For example AI is forcing companies to upgrade old an inefficient water infra. This hits close to home for me because a city close to me has been without water for a week as it's century old pipes started failed and losing millions of gallons.
Wish we had a data center here before that.
Wish we had a data center here before that.
December 19, 2025 at 8:36 PM
It depends. For example AI is forcing companies to upgrade old an inefficient water infra. This hits close to home for me because a city close to me has been without water for a week as it's century old pipes started failed and losing millions of gallons.
Wish we had a data center here before that.
Wish we had a data center here before that.
I don't think the person saying that is making an apt analogy. Anyone can prompt, just like anyone can hold a pencil and sketch a cube. But also the ability to easily do either well without practices drops quickly for both more advanced AI art tools and more advanced pencil techniques.
December 19, 2025 at 6:48 PM
I don't think the person saying that is making an apt analogy. Anyone can prompt, just like anyone can hold a pencil and sketch a cube. But also the ability to easily do either well without practices drops quickly for both more advanced AI art tools and more advanced pencil techniques.
Canton is literally run by the same validators replicating state and providing BFT guarantees you'd find on Solana and other blockchain networks, I'm not sure what you mean by "looks nothing like" other than the design choices which from that lens every network looks different anyways
December 17, 2025 at 5:44 PM
Canton is literally run by the same validators replicating state and providing BFT guarantees you'd find on Solana and other blockchain networks, I'm not sure what you mean by "looks nothing like" other than the design choices which from that lens every network looks different anyways
Small payment network, Visa, launches stablecoin settlement in the US
usa.visa.com/about-visa/n...
usa.visa.com/about-visa/n...
December 16, 2025 at 9:35 PM
Small payment network, Visa, launches stablecoin settlement in the US
usa.visa.com/about-visa/n...
usa.visa.com/about-visa/n...
On the AI bubble
Bubbles have massive divergences in their P/E, not structural growth like now.
Tech is an immediate beneficiary of AI in a way bubbles never are.
Hyperscalers are supply constrained with multi-year demand visibility and the market is responding rationally to spending commitments.
Bubbles have massive divergences in their P/E, not structural growth like now.
Tech is an immediate beneficiary of AI in a way bubbles never are.
Hyperscalers are supply constrained with multi-year demand visibility and the market is responding rationally to spending commitments.
December 16, 2025 at 8:54 PM
On the AI bubble
Bubbles have massive divergences in their P/E, not structural growth like now.
Tech is an immediate beneficiary of AI in a way bubbles never are.
Hyperscalers are supply constrained with multi-year demand visibility and the market is responding rationally to spending commitments.
Bubbles have massive divergences in their P/E, not structural growth like now.
Tech is an immediate beneficiary of AI in a way bubbles never are.
Hyperscalers are supply constrained with multi-year demand visibility and the market is responding rationally to spending commitments.
idk if Octra is a real project, but if you read the whitepaper from that screenshot it's not at all talking about not paying people. "Proof of useful work," in their terms, means they aim to replace stake-based consensus with a reputation-weighted, probabilistic validator selection.
December 16, 2025 at 5:12 AM
idk if Octra is a real project, but if you read the whitepaper from that screenshot it's not at all talking about not paying people. "Proof of useful work," in their terms, means they aim to replace stake-based consensus with a reputation-weighted, probabilistic validator selection.
Ironically, this is an issue blockchain solves. We've seen what happens when TradFi ledgers disagree on whose ledger is correct... it results in $ millions of customer deposits being up for dispute.
December 16, 2025 at 1:27 AM
Ironically, this is an issue blockchain solves. We've seen what happens when TradFi ledgers disagree on whose ledger is correct... it results in $ millions of customer deposits being up for dispute.
There are ZK solutions but I don’t think most verifiers use this, most are still using DBs and object storages. That’s why it’s important to dress up well for KYC photos, never know when they will be leaked.
December 15, 2025 at 3:11 AM
There are ZK solutions but I don’t think most verifiers use this, most are still using DBs and object storages. That’s why it’s important to dress up well for KYC photos, never know when they will be leaked.
It just means something is proven to be true.
On X a blue check proves that you:
- Paid for X premium
- Have a phone number on account (doesn’t prove much)
On bsky a blue check proves that someone finds you notable.
Domains on bsky also verify you have access to the DNS records of that domain
On X a blue check proves that you:
- Paid for X premium
- Have a phone number on account (doesn’t prove much)
On bsky a blue check proves that someone finds you notable.
Domains on bsky also verify you have access to the DNS records of that domain
December 14, 2025 at 7:04 PM
It just means something is proven to be true.
On X a blue check proves that you:
- Paid for X premium
- Have a phone number on account (doesn’t prove much)
On bsky a blue check proves that someone finds you notable.
Domains on bsky also verify you have access to the DNS records of that domain
On X a blue check proves that you:
- Paid for X premium
- Have a phone number on account (doesn’t prove much)
On bsky a blue check proves that someone finds you notable.
Domains on bsky also verify you have access to the DNS records of that domain
> X’s blue checkmark’s design is deceptive because anyone can pay for “verified” status without meaningful verification
Wait, does this really confuse the EU?
X has said forever it just means you have access to premium features and a phone number on account:
web.archive.org/web/20240516...
Wait, does this really confuse the EU?
X has said forever it just means you have access to premium features and a phone number on account:
web.archive.org/web/20240516...
December 14, 2025 at 5:22 PM
> X’s blue checkmark’s design is deceptive because anyone can pay for “verified” status without meaningful verification
Wait, does this really confuse the EU?
X has said forever it just means you have access to premium features and a phone number on account:
web.archive.org/web/20240516...
Wait, does this really confuse the EU?
X has said forever it just means you have access to premium features and a phone number on account:
web.archive.org/web/20240516...
Dang, same with the DTCC tokenizing stocks?
www.dtcc.com/digital-asse...
www.dtcc.com/digital-asse...
December 12, 2025 at 10:54 PM
Dang, same with the DTCC tokenizing stocks?
www.dtcc.com/digital-asse...
www.dtcc.com/digital-asse...
I’ll ask, why is the biggest western bank on earth using the blockchain for transactions as important as commercial paper issuance?
www.jpmorgan.com/about-us/cor...
www.jpmorgan.com/about-us/cor...
December 12, 2025 at 8:07 PM
I’ll ask, why is the biggest western bank on earth using the blockchain for transactions as important as commercial paper issuance?
www.jpmorgan.com/about-us/cor...
www.jpmorgan.com/about-us/cor...
Sec. 18 (was 15 in Simon's blog post)
Any foreign issuer that the Treasury discretionarily engages a reciprocal agreement with for int'l settlement must be under similar rules:
1:1 reserves
High-quality liquid assets (cash, t-bills)
Redemption at par
Disclosure and reporting
Prudential supervision
Any foreign issuer that the Treasury discretionarily engages a reciprocal agreement with for int'l settlement must be under similar rules:
1:1 reserves
High-quality liquid assets (cash, t-bills)
Redemption at par
Disclosure and reporting
Prudential supervision
December 11, 2025 at 9:40 PM
Sec. 18 (was 15 in Simon's blog post)
Any foreign issuer that the Treasury discretionarily engages a reciprocal agreement with for int'l settlement must be under similar rules:
1:1 reserves
High-quality liquid assets (cash, t-bills)
Redemption at par
Disclosure and reporting
Prudential supervision
Any foreign issuer that the Treasury discretionarily engages a reciprocal agreement with for int'l settlement must be under similar rules:
1:1 reserves
High-quality liquid assets (cash, t-bills)
Redemption at par
Disclosure and reporting
Prudential supervision
Sec. 11
Priority in insolvency
Stablecoin holders have:
- First priority to reserves
- Explicit carve-out from the bankruptcy estate
Courts are instructed to:
- Begin distributions within 14 days
Priority in insolvency
Stablecoin holders have:
- First priority to reserves
- Explicit carve-out from the bankruptcy estate
Courts are instructed to:
- Begin distributions within 14 days
December 11, 2025 at 9:40 PM
Sec. 11
Priority in insolvency
Stablecoin holders have:
- First priority to reserves
- Explicit carve-out from the bankruptcy estate
Courts are instructed to:
- Begin distributions within 14 days
Priority in insolvency
Stablecoin holders have:
- First priority to reserves
- Explicit carve-out from the bankruptcy estate
Courts are instructed to:
- Begin distributions within 14 days
Sec. 10
Mandatory segregation
- Customer assets cannot be commingled
- Custodians must treat reserves as customer property
- Creditor claims are structurally subordinated
- Bankruptcy remote accounts titled FBO holders
Mandatory segregation
- Customer assets cannot be commingled
- Custodians must treat reserves as customer property
- Creditor claims are structurally subordinated
- Bankruptcy remote accounts titled FBO holders
December 11, 2025 at 9:40 PM
Sec. 10
Mandatory segregation
- Customer assets cannot be commingled
- Custodians must treat reserves as customer property
- Creditor claims are structurally subordinated
- Bankruptcy remote accounts titled FBO holders
Mandatory segregation
- Customer assets cannot be commingled
- Custodians must treat reserves as customer property
- Creditor claims are structurally subordinated
- Bankruptcy remote accounts titled FBO holders