Workflow
Balaji
icon
Search documents
X @Balaji
Balaji· 2025-08-09 11:32
Regulatory Scrutiny - The industry is concerned about the potential prosecution of individuals like Roman Storm for providing software that broadcasts user messages [1] - The industry believes that copying and broadcasting data verbatim should not be illegal; the originator of illegal data should be held accountable, not the network service providers [2] Technology & Infrastructure - The software in question only broadcasts cryptographically signed user messages without modification, similar to how internet infrastructure providers operate [1] - The messages broadcasted could be considered as simple as text printed on a t-shirt, highlighting the basic function of the software [1]
X @Balaji
Balaji· 2025-08-09 05:38
Bitcoin triumphs over the banks.The network triumphs over the state. https://t.co/vti3VzW5skBitcoin Archive (@BTC_Archive):JUST IN: 13 of the top 25 U.S. banks are building Bitcoin products.Not priced in. https://t.co/skUJtTQQ79 ...
X @Balaji
Balaji· 2025-08-09 05:31
Bitcoin triumphs over the banks.The network triumphs over the state.Bitcoin Archive (@BTC_Archive):JUST IN: 13 of the top 25 U.S. banks are building Bitcoin products.Not priced in. https://t.co/skUJtTQQ79 ...
X @Balaji
Balaji· 2025-08-08 19:42
Perhaps obvious, but...The US government doesn't make money by taxing (like many presume) or by manufacturing (like many desire) but instead by printing.That is, it makes money by administering a global financial empire. And dollar inflation is global taxation.Derek Thompson (@DKThomp):I think a fun running series would be something like: What's that business's actual "business"?EG: Airlines don't make money by flying ppl around. The profits come from credit cards.What are other industries whose profit cent ...
X @Balaji
Balaji· 2025-08-08 19:37
CITATIONS[1]: To be clear, I personally hold no TON, though I reserve the right to get some in the future. This isn’t financial advice, this is not me telling you to buy a ton of TON, or VERB, or anything at all. This is just me making comments on events.[2]: Here's a detailed talk on technodemocracy at Token2049. This is the next step for tech; we need to reclaim democracy like we reclaimed free speech. https://t.co/Zti4iJuhUz[3]: And here's the full interview between @RaoulGMI and @ManuelStotz on Telegram ...
X @Balaji
Balaji· 2025-08-08 19:32
Key Takeaways - VERB, a crypto treasury company holding over $500 million in TON, has launched, potentially significant due to Telegram's 1 billion users and TON's status as its official coin [1] - Telegram can now officially partner with TON due to the evolving regulatory landscape surrounding cryptocurrency [2] Regulatory and Political Landscape - Telegram's initial TON project faced SEC injunctions, but regulatory shifts have allowed reintegration [3] - The French state's actions against Pavel Durov have been criticized for deterring investment and creating an unrealistic demand for a zero-crime digital environment [4][5] - The UAE intervened on Durov's behalf, leading to his release from house arrest [5] - States may be wary of leaders like Durov due to their growing influence and potential to challenge established power structures [6][7] Future Potential - The fusion of messaging apps and cryptocurrency could create a digital economy beyond bureaucratic control [8] - Telegram and TON envision a "cloud country" or "network state," leveraging Telegram's user base and TON's blockchain technology [10][11] - TON is described as the economic backbone of Telegram, similar to a national currency powering a country's economy [11]
X @Balaji
Balaji· 2025-08-08 17:57
Global Economic Trends - The former first world is largely becoming the descending world [2] - Much of the former third world is now the ascending world [2] - Edelman's numbers correlate with GDP figures and visible improvements in countries like Saudi Arabia, Malaysia, India, and China [1] Data Reliability - There are potential concerns regarding the accuracy of Edelman's numbers for specific regions, such as Nigeria and Kenya [1]
X @Balaji
Balaji· 2025-08-08 17:20
Social Trust & Global Trends - Social trust is declining in the West, particularly in America [1] - Edelman's trust numbers for China and India are increasing with technology [1] Personality Shifts & Internet Impact - Conscientiousness and extroversion are decreasing, while neuroticism is increasing, especially among young adults [1] - The internet may be negatively impacting personalities [1] - A consequential shift is occurring, requiring further investigation [2]
X @Balaji
Balaji· 2025-08-08 16:11
We see this sentiment all the time in tech.A Google that’s nostalgic for the garage. A global behemoth that warmly remembers its womb. And at the scale of a tech startup, it actually is possible to build a giant company and then scale another one from scratch within one human lifetime.But at the scale of a country…it’s harder.Were the US actually so precipitous as to shut down its global empire and return to the proverbial garage, that would likely mean a 99% markdown for US living standards and the end of ...
X @Balaji
Balaji· 2025-08-08 16:03
Political Analysis - The document discusses the concept of a republic versus an empire [1] - It suggests that for Britain, choosing a republic meant decline [1]