Forwarded from Watcher Guru
JUST IN: Former OpenAI & Anthropic researcher quits over fears AI race will lead to systems that destroy humanity.
"The people building AI earnestly believe that it could kill us all by the end of the decade."
@WatcherGuru
"The people building AI earnestly believe that it could kill us all by the end of the decade."
@WatcherGuru
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The 1,096,361 figure is not interesting because it is large. It is interesting because of how those coins are stored.
A large share of the BTC attributed to Satoshi-era mining sits in Pay-to-Public-Key outputs. The public key is already on-chain. It has been visible since 2009.
That is a different risk from modern wallets. Hashed addresses hide the key until you spend. A future quantum attacker then has a short race during confirmation. P2PK removes the race. Those keys do not need to be revealed first.
If a cryptographically relevant machine ever arrives, the first coins worth targeting are the ones already exposed. The Satoshi-era pile is the largest, most watched set in that category.
The market problem is not that 1.1 million BTC instantly hit the book. It is that the first confirmed movement from those wallets would be read as proof the old timeline was wrong. Belief would reprice faster than the coins themselves.
For 15 years this stayed a footnote because any real response collides with the same constraint: the coins cannot be migrated without the keys, and freezing them is a governance fight most of the industry does not want.
That is the gap @1096361BTC is actually pointing at. Not another memecoin narrative. The exposed-key subset, and the fact the industry treated it as somebody else’s later problem.
1,096,361
A large share of the BTC attributed to Satoshi-era mining sits in Pay-to-Public-Key outputs. The public key is already on-chain. It has been visible since 2009.
That is a different risk from modern wallets. Hashed addresses hide the key until you spend. A future quantum attacker then has a short race during confirmation. P2PK removes the race. Those keys do not need to be revealed first.
If a cryptographically relevant machine ever arrives, the first coins worth targeting are the ones already exposed. The Satoshi-era pile is the largest, most watched set in that category.
The market problem is not that 1.1 million BTC instantly hit the book. It is that the first confirmed movement from those wallets would be read as proof the old timeline was wrong. Belief would reprice faster than the coins themselves.
For 15 years this stayed a footnote because any real response collides with the same constraint: the coins cannot be migrated without the keys, and freezing them is a governance fight most of the industry does not want.
That is the gap @1096361BTC is actually pointing at. Not another memecoin narrative. The exposed-key subset, and the fact the industry treated it as somebody else’s later problem.
1,096,361
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I just claimed 5.4 SCALE, but the number of tokens earned isn't what I'm paying the most attention to.
The interesting part is the mechanism behind Scale:
GPU contributors provide compute → AI workloads consume it → organizations pay for that capacity in SCALE.
Read More: https://x.com/Vindicatedchidi/status/2097655889947701753
The interesting part is the mechanism behind Scale:
GPU contributors provide compute → AI workloads consume it → organizations pay for that capacity in SCALE.
Read More: https://x.com/Vindicatedchidi/status/2097655889947701753
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The CLARITY Act Could Face Another Hurdle Over an Ethics Dispute. Why XRP Could Be Hit Harder Than Bitcoin
Senator Tillis just issued a warning that could derail the CLARITY Act before September 15, and if negotiations collapse, XRP holders face a very different kind of fallout than Bitcoin investors.
Senator Tillis just issued a warning that could derail the CLARITY Act before September 15, and if negotiations collapse, XRP holders face a very different kind of fallout than Bitcoin investors.
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Hunter Biden’s $LAPTOP memecoin fell 86.5% in its first 30 minutes of trading on Wednesday, as the son of former US President Joe Biden officially entered the market for politically themed cryptocurrencies.
The token, issued on Ethereum layer-2 network Base, traded at $26.88 at 12:30 pm UTC, after opening at $199.50, according to CoinGecko data. It recorded more than $2.5 million in trading volume.
The token, issued on Ethereum layer-2 network Base, traded at $26.88 at 12:30 pm UTC, after opening at $199.50, according to CoinGecko data. It recorded more than $2.5 million in trading volume.
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Stellar Overtakes Ethereum In Tokenized Non-US Government Debt.
Stellar (XLM) is trading at $0.1922, up 4.4% over 24 hours, as the network holds its lead in tokenized non-US sovereign debt, a position it has maintained since February.
According to data from RWA.xyz as of August 20, Stellar holds roughly $490 million in tokenized sovereign debt issued outside the US, more than any other blockchain.
Stellar (XLM) is trading at $0.1922, up 4.4% over 24 hours, as the network holds its lead in tokenized non-US sovereign debt, a position it has maintained since February.
According to data from RWA.xyz as of August 20, Stellar holds roughly $490 million in tokenized sovereign debt issued outside the US, more than any other blockchain.
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Ethereum development firm Consensys plans to split into two independently operated companies, separating its MetaMask wallet business from the Ethereum protocols and institutional blockchain infrastructure it has helped build over the past decade.
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.
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As countries around the world continue to regulate cryptocurrencies, taxation stands out as one of the most important issues.
The latest notable regulatory effort on this issue comes from Germany.
A New Era in Bitcoin and Cryptocurrency Earnings!
Germany, one of Europe’s largest countries, is preparing comprehensive regulations to tax gains from cryptocurrencies, particularly Bitcoin and Ethereum.
According to BlockBeats, a draft prepared by the German Ministry of Finance plans to subject cryptocurrency gains to a flat tax of 25 percent, similar to stocks and other capital investments.
The draft legislation is not yet enacted and will be submitted to parliament for approval after a review process within the government.
The latest notable regulatory effort on this issue comes from Germany.
A New Era in Bitcoin and Cryptocurrency Earnings!
Germany, one of Europe’s largest countries, is preparing comprehensive regulations to tax gains from cryptocurrencies, particularly Bitcoin and Ethereum.
According to BlockBeats, a draft prepared by the German Ministry of Finance plans to subject cryptocurrency gains to a flat tax of 25 percent, similar to stocks and other capital investments.
The draft legislation is not yet enacted and will be submitted to parliament for approval after a review process within the government.
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Jack Yi, the founder of LD Capital, known for his losses in Ethereum, stated in a social media post that the current state of the cryptocurrency market resembles the period before the strong bull run of 2020.
According to Yi, recent price movements in Bitcoin indicate that the uptrend is continuing.
According to Yi, recent price movements in Bitcoin indicate that the uptrend is continuing.
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Imagine buying $1,000 of LAPTOP at its $199.51 all-time high.
At roughly $1.73 today, that position would be worth about $8.67.
That’s a reminder that in meme coins, peak valuation can be a terrible proxy for durable demand.
Price can move exponentially while liquidity, attention and actual buyers remain temporary.
At roughly $1.73 today, that position would be worth about $8.67.
That’s a reminder that in meme coins, peak valuation can be a terrible proxy for durable demand.
Price can move exponentially while liquidity, attention and actual buyers remain temporary.
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The $LAPTOP memecoin, launched by Hunter Biden, made headlines after its sharp price drop following its launch. According to data published by Bubblemaps, approximately 80% of participants who bought and sold the token suffered losses, with the company describing the market situation as a “bloodbath.”
According to profit and loss data shared by Bubblemaps, two investors lost between $100,000 and $1 million. Approximately 100 investors lost more than $10,000, and 700 investors lost more than $1,000. In addition, it was stated that approximately 11,000 investors faced smaller losses.
According to profit and loss data shared by Bubblemaps, two investors lost between $100,000 and $1 million. Approximately 100 investors lost more than $10,000, and 700 investors lost more than $1,000. In addition, it was stated that approximately 11,000 investors faced smaller losses.
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