18 Comments
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*Decentralized* social credit system. Otherwise some random government employee or a Mark Cuckerberg employee can set your score to whatever he wants.

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author

Yes. As a note that is pretty far out in the future, current user interfaces are weak at best

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Agreed. The concept of a score can be solved by sending a good actor/bad actor token - those with the most good-actor tokens are the most high credit. Since there is nothing to prevent someone sending you a token, it's the awarding that needs to be resolved - ie how do you ensure the person up-voting is legitimate and not trying to harm your score and thereby ruining the trust of this credit system.

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Feb 22, 2022Liked by BowTied Bull

Fear over scammers in crypto space reminds me of the Uber joke:

1998: "Don't ride with strangers"

2008: "Don't meet strangers from the internet alone"

2018: "Solicit strangers on the internet to ride with in a car alone"

Overwhelming utility will normalize it

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Feb 22, 2022Liked by BowTied Bull

I am Canadian and cannot wait to move to Degen Island. I feel sad about what happened and my only comfort is that I've been your reader since 2017 and started my service biz and recently ecom shop. I appreciate everything you and the Jungle does.

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author

Incredible work! Look into Dubai and portugal as well we hear canadians have more options

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I hear you brother. Fellow Canadian here. Very sad to see what's happening in our Country right now.

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2 22 22 2 2222

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Stack Monero

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While Ukraine happens, Taiwan might become the real conflict most ignore.

I haven't studied the supply chain behind Nvidia's, AMD and other GPU manufacturer's or how much asics rely on Taiwanese made chips, but an analysis breaking down potential scenarios where the CCP controls the supply would be interesting:

- How much growth of the Ethereum/Bitcoin network's hashrate could be affected?

- Which West based companies could step up manufacturing/realistic timeframes?

- Could public BTC mining companies set a consortium to speed up asic manufacturing migration?

Also, this is a great very short article on the importance of Taiwan: https://www.epsilontheory.com/taiwan-is-now-arrakis/

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Expanding on that, Intel again will rely on production from TSMC for its new line of CPUs.

https://www.taiwannews.com.tw/en/news/4450512

So the next question for an analysis would be: how much/how would a Chinese invasion of Taiwan and subsequent control affect cloud providers? (sourcing goes up, hence pricing goes up, what n-order effects could quick in from this?)

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Hilariously, that video has about 89 different exercises you are never supposed to do. If you posted each clip separate every twitter trainer will jump at the chance to say why you will ruin your knees/back/hips/risk injury.

That compilation may seriously be the most triggering clip ever to the fitness midwits.

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You can look up pro NFL players and other athletes the top end has a ton of crazy stuff no normal guy should ever attempt. It's entertaining sometimes and depressing at other times when you realize how much better they are than a top 1% person

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Feb 22, 2022Liked by BowTied Bull

Correct...this reminds me of all the "weird" stuff we'd do when training in college. Real hoopers know about putting a ball in plastic bag to improve ball handling (kyrie irving/Baron Davis). Or standing on a bosu ball while dribbling. Or how boxers use 5 lb dumbbells to throw jabs when training. This is nothing new for the ones who know.

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author

https://youtu.be/lVHghz4jCfI

Yep^.

Chances are the lebron exercise were related to his groin injury. Just a guess though since no way we'd know exactly what he's doing without knowing his trainer

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The eBay reputation system is a good example to think about when building a reputation online, since in order to truly maximize the potential of a crypto economy you'll eventually need a way to safely offer un-secured lines of credit to most people, as well as businesses (or DOAs, or whatever other groups/institutions emerge).

Agree that some kind of social credit score will emerge, based on transaction history, wallet age, etc, and a bunch of other things that people smarter than me will figure out.

Unsecured debt is the driving force behind so much of the economy right now and Defi will need to find a way to incorporate this in a way that's as easy as all the "Affirm" buttons you see on checkout pages more and more these days.

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The narrative is forcing adaption as opposed to it being what the masses could/should do. The mass adoption of digital currency is aligned with the use cases of cbdc's globally.

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A social credit system definitely sounds like natural progression of this space.

Now been thinking why this didn't strike me earlier

Guess thats why we sub

Grateful

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