🗨 Status Report II: What's Up With You?

[alberto]

@thom_stewart

Chainers were victims of a They Live/Rokos Basilisk-type mind virus attack, with a probable aim of developing a computational system to house a Cthuloid/Elder God AI. Very brain parasite.

Best explanation for crypto yet!

@thom_stewart

On the carbon point, I pay very slight attention to klima, an olympus ponzicoin that aims for locking carbon - because I can conceivably see a valid use - but even purportedly ethical chain-stuff smells ‘useful idiot’ to me?

Carbon coins are a legitimate idea. In Kim Stanley Robinson’s The Ministry for the Future, he imagines a coalition of the main central banks (Bank of China, the Fed, the ECB and the Swiss) issuing a carbon coin on the blockchain, tradable very long term, interest-bearing bonds on tons of carbon sequestered. The idea is that if you sequester carbon now, the central banks will give you ironclad money in 2100 or so. The “ironclad” means the secondary market is secure.

Later, Robinson mused that today he would not put that “on the blockchain”, but simply charge the Apocalypse consortium of central banks with keeping a ledger, a secure database. I made a cheatsheet for Ministry in the runup to a book club discussion we had, you can find it here.