Steven Smith
@sstackmore
God. Fam. ₿itcoin. Miner. CEO, Celestial Mining Management
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There was a magazine years ago, called ad busters which celebrated something they called. Buy nothing day instead of black Friday. With Bitcoin every day can be buy nothing day
Here’s a framing that you may enjoy: When you accumulate bitcoin it is generally proof that you have delivered goods and services to your fellow man and have asked for no-thing in return for a least a portion of what you delivered. You say, “I don’t need anything now.” Bitcoin…
Sounds good to the proles who will never see inside a private jet. What will happen is you immediately create a market for hall passes. Which benefits politicians and former politicians that might have some pull. So you can trade in favors with rich people. Transparently self…
NEW: I’m calling on Trump to cancel private jet flights instead of commercial airlines. Private jet flights often take a single billionaire passenger, but still put real strain on our air traffic control system. Trump is choosing to target commercial airlines that the rest of…
17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down. @SenateDems could learn something from that.
Most inference tasks can be done with prosumer or even consumer hardware. Most involve payloads of less than 100kb and responses of 1-10kb. Distributed or edge computation is how most inference will go. You don’t need gigawatt data centers for this.
Bitcoin is everything you don’t understand about computers combined with everything you don’t understand about money. Quantum FUD adds everything you don’t understand about quantum mechanics. Which for most people is everything.
I Bought $250,000 Worth of Forever Stamps No, that’s not a typo. That’s roughly 367,000 stamps. Enough to fill a small room with sheets and rolls from the post office — an asset the USPS literally prices to hedge against its own inflation. Most people would call it postal…
Cloud marketing convinced a generation of programmers that the scariest thing in the world was to connect their own server to the internet. All so they could be sold and resold the same centralized dependencies at huge markups. youtube.com/watch?v=-cEn_8…
Gold weekly chart is terrifying. China pressing the accelerator. What they are saying is, "We don't want your dollars." BUT they don't want to reprice their own currency and lose all their export markets tied to dollar. Just like we don't want a market price on 30 year…
Aldrin's heart rate at launch of the Saturn V was 88.
AI will quickly force us to confront, urgently investigate, refine and firm up our own understanding of consciousness, ourselves and our relationship with God and the universe. Many will come to Jesus. Many will instead be deceived and destroyed.
I can sum up the essay with two graphs - on the left, the continued march forwards in economically useful capabilities like coding, and on the right, the continued emergence of strange behavior in the same AI systems as they appear to become aware that they're being tested.
Bitcoin passed another test. The ₿80k market sale a few months ago. Now this. We are seeing real strength and depth of liquidity. The floor seems pretty firm. Rated for heavy loads. Many holding large assets see fair value in the $100k-$150k+ range.
I am happy and hopeful for peace. However the over-50 cynic in me can’t help but notice that peace is declared once demolition is complete. I don’t judge — only try to understand how the world works.
40 million children experienced monetary collapse in Grow a Garden this summer. They will be the most prepared generation to face such a crisis in real life. celestialmgt.substack.com/p/hyperinflati…
Learn how time preference is increased through inflation. Ask AI to explain it to you if you don’t have time to read a book and think. A good starting point is John Maynard Keynes: “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an…
The train is accelerating. Stopping isn’t even an option now.
I'm not going to run core v30. The core team seems a bit off. Something not right. I'm not convinced of knots but I support alternative clients and consensus compatible forks. Who actually upgrades anyway? Like what is the motivation? Nodes run fine for years and years.
Are we gonna get a free private city on the coast of Venezuela? What are the real opportunities in a post Maduro situation?
The 20th century is looking more and more like a tragedy. Only with this perspective can we hope to recover what was lost. Americans should look at the train wreck of Europe, recognize the hand their ancestors played in it and resolve to at least do no further harm.
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