Precipice is very soon. This is so bad it's hard to imagine.
(media.greatawakening.win)
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DeFi is the future. Remove the middle man plus banks and you have power to the people. No more controlling us.
Hence, FTX as to discredit cryptocurrency. Yet, it is the same exact playbook they did so many times.
The corruption is so bad. They HATE DEFI. I think they will take down tether soon to further discredit crypto.
It won't work. Especially crypto people like me, know that we can never accept CBDC. I think crypto will be one of the only ways we get out of this mess. Gold and silver are good, but doesn't function well via ecommerce.
Where will people go once the system goes tits up? Gold/silver will be hard to obtain. The next stop is either accepting the CBDC or going into crypto. Once people realize it is the social credit score, they will have no choice. I am very bullish.
Seed vs the Feed. Forces of decentralization vs centralization. This seed vs feed concept is explored in a sci-fi book called Diamond Age which is about nanotech. Feed is paradigm where everyone is dependent on the feed elements used by everyone for nanotech. But Seed is concept of freedom where the nanotech can build itself. Something like that. The book is good to learn concepts in programming.
Neal Stephenson is awesome. I have Snow Crash and Cryptonomicon. Obviously I'm a programmer :)
I still have to get around to reading those ones and some of the others. Maybe I’ll look at audiobook versions as his stuff tends to be tomes.