Economic & Social Commentary - The text critiques the dichotomy between corporatism and socialism, comparing it to a perilous choice [1] - Innovations in contract law, property law, and financial markets have historically benefited economies [2] - Over-reliance on large-scale, remote, trust-based institutions like governments and corporations is identified as a source of cultural problems [3] - The text advocates for reducing trust in strangers by shifting focus to smaller social scales [4] - It suggests prioritizing aspects of life beyond GDP and economic productivity, such as family, friends, and local communities [5] - The text calls for protecting long-standing religions and non-commercial traditions from disruptions caused by corporations and governments, including globalization and immigration [6] Institutional & Technological Impact - Trust-minimized institutions leveraging blockchains, smart contracts, and AI are expected to improve global economies [2] - The text emphasizes the need for innovations that substitute verification and security for trust in large social scales [4]

RT Nick Szabo (@NickSzabo4)There is no exact moment when the frog gets too hot. ...

There is no exact moment when the frog gets too hot.Matt Van Swol (@mattvanswol):Can anyone pinpoint the exact moment where everything became both:a) worseb) and more expensiveWhen did this happen? ...

RT Crypto Tea (@Cryptotea)@NickSzabo4 No one would let strangers save jpegs on their home computercore has made it morally and legally wrong to run a bitcoin node ...

RT Nayib Bukele (@nayibbukele)They say you can’t imprison your way out of crime.But in fact, a strong police force and a tough, well-managed prison system are the necessary first steps in transforming a hellscape into a safe, high-trust society.https://t.co/HNfwwcfAxx ...

Surveillance Concerns - The statement suggests that government surveillance of regular citizens has been ongoing since the Patriot Act [1] - The statement implies a lack of concern from some individuals regarding this surveillance [1]

RT Nick Szabo (@NickSzabo4)There are libraries full of laws governing a very wide variety legible content online, and extremely few, if any, lawyers in the crypto space who have strong experience in them and are also strongly familiar with the unique nature of most blockchains (e.g. the often extreme functional disruption that comes from deleting data once it is on a blockchain). Here is just the tip of the the tip of the iceberg -- a small fraction of relevant U.S. federal law -- not even considering the 5 ...

Financial Irregularities - Approximately $995 million (almost $1 billion) was allegedly stolen from American taxpayers by Somalians in Minnesota over five years [1] - The funds were purportedly used to finance terrorists [1] Government Oversight - The federal government was allegedly unaware of or inactive in addressing the alleged theft [1] - The Biden Administration's proposal for IRS scrutiny of transactions exceeding $600 is highlighted [1]

RT Nick Szabo (@NickSzabo4)Bitcoin's functionality as a store of value is not improved by most of these apps, and as the legible content problem illustrates, it is often degraded by their demands for legible-sized data buckets and other demands that degrade Bitcoin's trust minimization, make its operation riskier or otherwise more costly, or prevent it from making improvements that would further minimize trust or otherwise improve its currently superior ability to store value. ...

RT Tucker Carlson (@TuckerCarlson)For months, the Wall Street Journal has held a story detailing the personal corruption of Andrii Yermak, the second most powerful man in Ukraine. Yermak has skimmed hundreds of millions in Amercian tax dollars meant for Ukraine aid. The Journal’s editors can prove that. But they’re not. Instead they’re protecting Yermak. Why?Because Yermak is leading Ukraine’s efforts to scuttle the Trump peace plan for Eastern Europe. The owners of the Wall Street Journal don’t want peace ...