Martin D.

@urlyman@mastodon.social i should have read 2/2... tbh i am not sure these days how much energy proof of stake coins consume and how much a traditional banking system costs. But i feel stablecoins will be maybe the only lasting development of cryptocurrencies. Until the debt will tear it down.

@toxi sorry to hear about your personal frustrations. I hope you can keep thi.ng as your happy place! There is so much in this post that goes beyond LLMs. The license part hit me...with the current state of the world even an AGPL does not help against weaponizing code as power. For LLMs i wish all AI capital evaporates within a year and whats left are the LLMs as ZIPs of the internet that kind of are given back to the communities. But its a matter of time til history repeats.

@QasimRashid i am expecting answers from Iran on this...

@QasimRashid seems like prior generations did the same so that the current generation is not good at math and finances anymore 😋

@urlyman@mastodon.social a blockchain can host a stable coin. A stable coin stays stable because it is backed by treasuries. So a stable coin gives two of the following advantages (but to whom?): traceability of transactions, and increasing of debt for the entity whoms treasury is used as backing. So with a blockchain some entity can sell its debt and see where it goes. Not sure if a database can do this.

@gamingonlinux@mastodon.world 😍