CBDCs, Control, and Crumbling Fiat Currencies

Here’s what the techno “thought leaders” [SIC] are saying about AI unleashed.

Ex-Google CEO: What Artificial Superintelligence Will Actually Look Like w/ Eric Schmidt & Dave Blundin

" Eric Schmidt shared his AGI timeline with me on Moonshots last week:
Within 10 years, you’re going to have your own polymath, the sum of Einstein and Leonardo da Vinci in your pocket."
Digital superintelligence will soon be generally available and generally safe, able to tackle any intellectual challenge with genius-level capability.
In the next few years, each of us will have access to world-class AI mathematicians and the world’s best AI programmers."
Here’s some of the industry raw data they say they are following.

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This is not new. And it’s not just cash!
Around 20 years ago, I’m doing some independent consulting and I get my first major gig with an up-front check that was over $10K. Deposited it and went in the next morning to electronically check my balance [trust and verify] before ordering materials for the gig. NO Deposit recorded.
In panic, I drove over to the local branch that I used for my small business account. Luckily I knew the staff and immediately got into the branch manager.
They immediately did a physical search for the check and deposit slip at the branch wondering if just a possible physical error in transporting it to the bank’s local central clearing office. No check on a desk or on the floor.
They finally found a record in their computer using transaction number on my deposit slip. ALWAYS GET/KEEP THE PAPER COPY! So she calls down to their back office supervisor and they start a physical search there. Finally, back office finds the check and deposit slip sitting on the desk of a very low level data entry clerk. Her instructions said for a check over $10K into a small business account that had never had a single check that large, they needed to pull the transaction and do a check for money laundering. It is true that at the time, drug traffickers in Houston were spinning up multiple small DBA’s, running a few thousand thru them and then increasing the volume to see if they could go undetected. Not a bad scam.
After a 2-day delay, I finally got the deposit processed, I think as much because I knew the branch staff as they had a reasonable way to check my business. Times were hard, and a lot of small physical businesses were easy to subvert by a drug connection that offered a more stable income than mowing lawns. The truth is, before the last 20 years of inflation, it would have been easy to launder $9K transactions every day or two with nobody noticing, so it didn’t make a lot of sense to me.
Of course $10K isn’t what it used to be, and $200 is bizarre. I guess I’m in trouble already because I’m using more and more cash since local small businesses are justifiably charging more for using a card. Just replaced my SUV tires at a local farm tire business that gave me a discount for paying $600 in cash instead of using my debit card.

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Interesting, but I wonder that even if this is true, what would most of us do with access to world-class AI mathematicians? Hell, most young people can’t make change. To what use would they be able to put this ability? I still suspect the benefits touted for AI are just marketing so we applaud the control grid data centers instead of storming the Bastille.

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It’s still a dollar bull market (relative to other currencies). It just had a lengthy retracement. My bet is on continuation, at least relative to other western currencies.

No-one likes to talk to dollar milkshake guy (Brent Johnson) right now, but I didn’t hear him call quits on his thesis. It’ll be back in vogue at some point.

I feel that Stephen Wolfram has been misrepresented here. He studies “irreducible complexity”. If it’s irreducible, it can’t be neatly modelled and controlled, because… you can’t make a small model to run it. I’ve only taken in about 20 hours of his content, but I don’t think he believes he’ll be able to predict everything. In principle, yes, but there aren’t enough resources to model it.

As for Free Will, I think it’s one of those boxes that contains nothing when you open it. The left has “White Privilege” as a standard example of their empty box. There’s something plausible in both cases, but nothing inside.

From my viewpoint, free will is a binary operator. Instead of being FW(Lamarth), it’s FW(Lamarth | Modeller). It’s modelling error, measured as cross entropy. So, I can have more free will relative to my own perspective FW(Lamarth | Lamarth) by being less predictable - or by being less good at predicting myself.

To me, this observer/modeller is obviously required. “Lamarth 5 mins ago” has no free will - I already know what happened, and he can’t change it. “Lamarth 5 mins from now” has a bunch of free will. But if past me is a valid agent that had free will, but doesn’t anymore, the thing that changed is the observation reference.

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Curtis Yarvin is a thought leader on the far right. I’ve watched some of his interviews with Thaddeus Russell and also read Unqualified Reservations in my earlier breaking out of consensus thought. I quite enjoyed it at the time. He worked under the pseudonym Mencius Moldbug for a while, before coming out with his real name.

The other two interesting far right figures would be Bronze Age Pervert (also jewish, like Yarvin), whose nickname is a play on his real surname, and Nick Fuentes, who has some big problems with all the jews.

Stable Coins = CBDC

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10:15am, EST:
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Technocracy is certainly not limited to the West. We have been living in Singapore for a few years now and the level of technocracy here is crazy.

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… but there is no gum on the sidewalk … ;^)

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Trump the Peace maker, yeah right. Sorry MAGA supporters but Trump is really no different than Joe Bidet. The Deep State is now back in charge and Trump for the second time invited them in and this time he picked them himself unlike in his 1st term where they gave him Neocons.

And now, Friday morning, President Trump took to his Truth Social account and escalated from words to actions moving two nuclear submarines to be positioned “in the appropriate regions” based on “highly provocative” statements from former Russian President Dmitry Medvedev.

“Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances,” Trump says

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SELL, Mortimer, SELL!!

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If I might make a suggestion Chris…
Mr. Day is obviously very knowledgeable and can speak about his area in great detail. However, I would like to see some more organization to his presentation. How about some diagrams/infographics to clarify and illustrate his concepts, and maybe a timeline on which these events are likely occur? It might make things easier to understand/follow than the existing format of videos.

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This looks etf btc sell, ie paper manipulation in action. As Chris has said many times, same thing as happens with ““markets”” in PMs constantly.

Well everything looking red, means they use same playbook across everything you would think to invest in.

BTW, does somebody benefit from low natgas nad oil prices, so they will hoard yuge amount of futures for next 2 years with those dirt cheap prices?
(in agri they do this and then farmers must sell despite costs can quadruple in next 2 years)

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This is simply pressuring. They cant use nuke subs. If they do, threat negotiation lever is gone. These subs are then far from some other conflict place, which is beneficial maybe for North Korea or China.

Apparently US has 24 nuclear powered subs. Some need long maintenance, but that still would leave roughly 10-15 to roam freely in world.

I wouldn’t trust a timeline.
The reality, recognized or not, is that the way things are is over. It will ratchet down or suddenly collapse; either way we must live each day as though it were tomorrow.

“May the Odds Be Ever In Your Favor “
Who says that?

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Sorry, timeline was a poor choice of words. “Likely sequence of events” or “signposts” better express what I was asking for.

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Yeah, I couldn’t wait for him to explain that, I’m guessing there is more info on his website.

I do 90% of my transactions in cash and have done for over a decade. I might be on a watch list somewhere, but I have also got a long history of using cash, so nothing new there, and, of course, I have also acquired a fair bit of ‘stuff’ with no record of same :wink:

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…there is no gum on the sidewalk, because you are liable to a $200 fine for chewing it…

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