Founder of @Swan the Real Bitcoin Company, @BitcoinerJobs, and @Vigil_Protocol | Family, history, truth, and šŸ€ | press: media@swan.com | VIEWS ARE MY OWN

Joined June 2015
6,483 Photos and videos
"Foreign govts will freak out when they realize what is happening. We are gatekeeping and hoarding intelligence preemptively."
What comes next: The govt will rollout an emergency citizenship program for any foreign-born employee working in a lab contingent on them immediately moving to the U.S. Everyone will be heavily vetted via the same screening construct already utilized by the defense primes. Google will have to move the entirety of DeepMind to the U.S. and fire whoever refuses to relocate. People will gleefully assume Demis will just start his own UK lab instead before realizing the next step is the US is about to gut foreign ā€œunmonitoredā€ access to compute. You can pull a LeCun but you won’t have sufficient compute to do shit. Greencards will be given to family members too. Foreign govts will freak out when they realize what is happening. We are gatekeeping and hoarding intelligence preemptively. Why? Because by GPT 7 France will be like ā€œoh you just destroyed our services sector we are going to tax the labs to pay for the necessary benefits to prevent riotsā€ and it’s a lot easier to do that if labs have critical employees based in Paris. Ditto for every other foreign nation. Anyone acting like this is surprising is simply incapable of thinking four steps ahead. We are going to see industries nuked over night. There will be civil unrest. The only way to navigate that is to tax and gatekeep. The only way you can tax something is if it lives in your borders. We are repatriating exposure points preemptively. Compute gatekeeping comes next. 🫔
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Game theory from here is super interesting: Original Mags (Google, Amazon, Microsoft, Meta) now have a serious non-zero opportunity to tank the frontier labs. Go to the government, kneecap the labs’ motion of putting the latest models out in the wild, become the trusted gatekeeper between the labs and the public at large (including internationally) by having the labs go through their clouds (AWS, GCP, Azure) and implement strict KYC to seal the deal. The frontier labs should have seen this coming years ago and implemented a robust KYC for just this moment. The fact they didn’t is kind of concerning. Why did they not do it? Best guess is because it would have changed the run-rate revenues (downward) which would have then changed funding dynamics - lower valuations, more dilution, less secondary. A valuation reset may happen now anyways, except the labs may end up with less control and more restrictions at the end of it. At the same time, everyone is already clamoring about token prices of the old models from the labs anyways… This couldn’t be a better setup for open source and neoclouds. Big question is can they meet the moment? There are too few of them and their progress seems sporadic at best.
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SpaceX raised only $12B of capital before going public. With that $12B, they revolutionized the rocket industry, built a global satellite network, and created arguably the most innovative company of all time. The federal government spends $12B every 15 hours and still can’t get its shit together. Prior to SpaceX, NASA was sending astronauts into space on Soviet-era Russian Soyuz capsules. So no, I don’t find Elon’s wealth to be a problem, and I wouldn’t trust Elizabeth Warren or Bernie Sanders to allocate a single dollar of it.
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"There are only 25 satellites launched a year, every year, and that's not going to change." Ryhmes with the current defense ecosystem.
Today feels like a good day to reshare this clip of Ariane Aerospace’s CEO calling SpaceX’s reusability plans ā€œa dreamā€
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No. Physical products are just the example Taleb chose. The rule is broader: when more the 3-4% of a population has a hard constraint and everyone else is flexible, the hard constraint wins. That’s Bitcoin. Bitcoiners are intolerant of debasement, censorship, seizure, bailouts, trusted third parties, and rule changes. Everyone else is mostly tolerant of whatever money ā€œworksā€ (for a while). That asymmetry is the whole game of Bitcoin. I wrote about this six years ago: swanbitcoin.com/culture/ten-…
Replying to @Maax5124
that's inverted. i said we're the tolerant minority (in a censorship resistant flood fill p2p network). you're talking about the intolerant minority, a very different economic effect for physical products.
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Bitcoin's there, not crypto šŸ˜‚
Things that didn’t exist last time Knicks won NBA Championship: Apple Microsoft Google Facebook World Wide Web smartphones Star Wars Pac-Man ESPN Wi-Fi Diet Coke Costco Home Depot Netflix Amazon Instagram Uber Tesla Saturday Night Live Memphis Grizzlies Whole Foods Chicken McNuggets Foot Locker Nvidia Adobe eBay Zara Seinfeld Capital One Miami Heat Skechers Ben & Jerry’s Michael Kors Honda Civic The Sopranos Dell YouTube Euro Pinterest Airbnb Spotify Reddit PayPal Yahoo Expedia Tommy Hilfiger American Idol Cisco SpaceX WhatsApp Red Bull Buffalo Wild Wings Toyota Camry Panera Bread iPhone Swiffer Starburst Chipotle Chili’s Five Guys Lunchables Monster Energy Minnesota Timberwolves Forever 21 Lululemon Under Armour Orlando Magic Care Bears Skittles LinkedIn Crocs Febreze Shake Shack DoorDash Android Zoom BlackBerry He-Man Beanie Babies Reese’s Pieces Dallas Mavericks Wheel of Fortune Bitcoin TikTok Blockbuster The Simpsons Harry Potter Pixar Jaws ChatGPT iPad Xbox AirPods Walkman Transformers Game Boy BeyoncĆ© Rubik’s Cube Shark Tank Rocky Post-It Notes People Magazine MTV Starbucks Latte LeBron James iPod Microsoft Word Lionel Messi Hotmail Friends Sour Patch Kids Victoria’s Secret Hoka Callaway Golf Egg McMuffin Cristiano Ronaldo Family Feud Fanatics Toronto Raptors Dairy Queen Blizzard Tom Brady Survivor Mr. Beast X-Files Snapchat New Orleans Pelicans Super Mario Bros. Back to the Future DraftKings Cinnamon Toast Crunch The Oprah Winfrey Show Mark Zuckerberg Oklahoma City Thunder Taylor Swift Charlotte Hornets South Park Drake Craigslist Happy Meal Minecraft Uggs PokĆ©mon emojis 3-point line Honey Nut Cheerios Baywatch Wikipedia IBM PC Gmail Fox News CNN Michael Jackson’s Thriller Nintendo NES Serena Williams FanDuel Oakley CD DVD Grand Theft Auto MySpace Twitter Advil Air Jordan
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Choose any of 600 other banks happy to take your money. This is not "debanking" šŸ˜‚šŸ¤” Being free is about having Bitcoin in self-custody. Everything else is fugazi.
Crypto users keep hearing that America is becoming more crypto-friendly. But try moving serious money from Coinbase into a traditional bank account and see how friendly the system really feels. One of my clients transferred $1 million from Coinbase into a Citibank account. Citi rejected the transfer. Then they closed the entire account. Not a small account either. There was around $5 million sitting there. The bank mailed him a check for $5 million. Through the mail. - No discussion. - No warning. - No ā€œlet’s clear this up.ā€ - Just goodbye. This is the part people miss about crypto debanking. Even if your activity is legal, banks may still treat crypto-related transfers as high risk. And if the compliance burden is too expensive, some banks would rather drop the customer than deal with the paperwork. So when politicians talk about ending debanking, that is a good start. But it does not solve the bigger issue. As long as crypto is treated like suspicious activity by default, crypto users are still not fully inside the financial system. They are tolerated. Until they become inconvenient. So here’s the question: If a bank can close your account for receiving money from Coinbase, do crypto users actually have financial freedom?
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I'm extremely impatient. I hate that Bitcoin sells off from risk-on news, when it's obvious that in the near future capital will flood into Bitcoin on the same news.
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Hmmmm @BitPaine @DzambhalaHODL I feel like we're gonna pump tomorrow. Can you make some calls, maybe call some people, and find out if it's real or just another F.A.S.P.? bitcoin:native
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Mexican fans having it up with South Korean fans to Gangnam Style? This is the REAL World Cup. šŸ˜‚

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Top of my list for Father's Day
Julius Caesar knife block.
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Securities are not digital money and can never be digital money. Bitcoin is digital money. I still see a role for LBEs, but good lord guys, please stay in your lane.
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Yup
bitcoin is the best money
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Congratulations @nyknicks and all Knicks fans! Well deserved šŸ‘ 55 years since we abandoned sound money. 53 years since the last Knicks trophy. IYKYK NYK COMIN' BACK AROUND AGAIN!
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5h
ā€œI think that Satoshi and and the early advocates you know Hal Finney and alike they started a fire in cyberspaceā€ - Michael @saylor (10/13/2020) The bricks were laid down by the OG’s. Worth watching this discussion from the early days of the balance sheet transition. @Swan @CorySwan @CitizenBitcoin
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BITCOIN SEASON movie dropping June 18th! So incredibly pumped for all of you to see it! Combines my two greatest passions, šŸ€ and Bitcoin. Trailer: youtube.com/watch?v=dUIWK0sM…
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NEW: Amazon researchers are reportedly behind the jailbreak report that led to the U.S. crackdown on Anthropic’s top models.
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I’ve had a number of conversations with folks inside and outside government about the current situation with Anthropic, and here is what I believe to be true: — As we know, Anthropic publicly released its Mythos class models earlier this week under the commercial name Fable. — Fable is Mythos with guardrails. But if those guardrails fail, then you’ve exposed Mythos and its advanced cyber capabilities to people who shouldn’t have them. (Keep in mind that Anthropic itself widely promoted the idea that Mythos was a cyberweapon and needed to be regulated as such. They asked for government regulation of Mythos and championed the guardrails on Fable. If there is a vulnerability — big or small — it is Anthropic’s responsibility to patch.) — A highly credible trusted partner of both Anthropic and the USG who was testing Fable came forward with a jailbreak of those guardrails. The Admin asked Dario to fix the jailbreak or de-deploy the model. Dario refused. — In their blog post, Anthropic defended its decision by saying the jailbreak isn’t serious. That is not what the trusted partner and the USG believe; nor is that kind of minimizing language consistent with Anthropic’s brand as the AI safety company. It’s difficult to fathom how they could claim a jailbreak allowing operability of a cyber weapon could be defined as not ā€œserious.ā€ — In the past, Anthropic has always said that safety must be top priority and taken super seriously. In this case, Anthropic prioritized the continued offering of the consumer model over safety. — In reaction, the Admin issued the export control. The Admin did this reluctantly. It’s been very surprised that Anthropic hasn’t wanted to cooperate with a reasonable safety request (ie fixing the jailbreak issue). Anthropic’s reaction is very much at odds with their branding and ethos as a safe AI research community. — The Admin’s hope now is that Anthropic remediates the safety issue, the export control is lifted, and Fable goes back into general release. The Admin wants all of this to happen as soon as possible. It is frankly bewildered that Anthropic hasn’t wanted to comply with safety requests that it previously said were its highest priority. — Those trying to misdirect and tie this action to the prior DoW/Anthropic issues are wrong. The Admin values Anthropic’s technical capabilities and feels that this issue, while serious, should be easily resolved. The ball is in Anthropic’s court.
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Good times! For kids who don't know why Alexi Lalas is on TV :)
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