iiinova — where your digital self keeps evolving

∇ Gradient Descent @gradient-descent.bsky.social · 17/05/2024

Bitcoin is only used by criminals. And some retail investors. And family offices. And trading firms and investment management companies. And other companies, many others. And banks. And pension funds. And Governments like El Salvador or Wisconsin. Yeah, it's obviously only used by criminals.

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Daniel @daniel12345.bsky.social · 25/04/2024

😶

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Surprised Eel Historian, PhD @greenleejw.bsky.social · 23/04/2024

You've probably been wondering: "How many eels is a cottage worth in 14th C. England?" This is a reasonable question. I get it. And happily, I'm here to help! I included a chart showing this kind of equivalence in an article I wrote for History Extra, but here's an excerpt! 🧪🗃️

Table showing cost of items in the 14th C., and the equivalent value in eels.

2 doz. eggs costs 1d, or 6 eels
A gallon of the best ale costs 1.25d or 8 eels
1 sheep costs 1s 5d, or 106 eels
1 cow costs 9s 5d, or 706 eels
A 2-story cottage costs £2, or 3,000 eels

As far as I know, no one was buying cottages with eels. This is more to give you a sense of relative costs. But wouldn't it be interesting if you could buy a house with eels?

This chart leaves unanswered the question: "What about the next-best ale?" and suggests and entire spectrum of ale gradations. Which makes good sense, of course. But also, you certainly wouldn't want to spend your eels on inferior ale!

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∇ Gradient Descent @gradient-descent.bsky.social · 20/04/2024

Remember, when Bitcoin was a thing of the future? Now it's a thing of the present. Many major banks, stock exchanges, companies trading it. Banks have it integrated into their products, double digit percentage of the population using it. Main use case: escaping deprecation of inflated currencies.

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∇ Gradient Descent @gradient-descent.bsky.social · 18/04/2024

Inflation is a hidden tax. Why hidden? Without hiding, it would be a regular tax and people would oppose it. While regular tax is proportional to income, the hidden tax is proportional to financial illiteracy. Rich people pay less of it, as they avoid cash. Thus inflation is fueling inequality.

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∇ Gradient Descent @gradient-descent.bsky.social · 11/04/2024

26% of the Swiss population is invested in Bitcoin. So: Either 26% of Swiss are scammers and criminals transacting in shadow markets.. ..or Bitcoin is used by the broad population of this highly regulated, educated and conservative country.

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∇ Gradient Descent @gradient-descent.bsky.social · 19/03/2024

Hunan Rights Foundation donates $500.000 for Bitcoin development and wants to keep doing so every 3 months. Because they keep fighting for human rights and keep using for good what others keep considering as useless - ignorance protects itself through itself. www.forbes.com/sites/digita...

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nadzap @nadzap.bsky.social · 18/03/2024

I can say go to a dealership and tell them i believe the new 60k car i want has a fair price point of zero and list various reasons why. That doesn't mean the car magically now has zero value, and that they will just give it to me for free. It just makes me look ignorant and foolish.

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∇ Gradient Descent @gradient-descent.bsky.social · 13/03/2024

What's the best tool? A hammer or a screwdriver?

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∇ Gradient Descent @gradient-descent.bsky.social · 13/03/2024

It keeps amazing me, how - in our digital age - there's still a lot of people out there, who consider only physical things "real". Platon described the reality of ideas ~2400y ago. Identity, math, science, software, education - all ideas. "I cant touch it, so it ain't real" is Pre-Platonic.

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∇ Gradient Descent @gradient-descent.bsky.social · 11/03/2024

The 10 highest valued assets of the world by market capitalization. Congratulations to Bitcoin - which just overtook Silver and is now #8.

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∇ Gradient Descent @gradient-descent.bsky.social · 06/03/2024

Yesterday the tulip bubble finally popped! It was a bloodbath, all those bros lost their risky bets, got scammed! Store of value my ass! Back to zero - all licking their wounds. At least that's what I read on Bluesky.

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∇ Gradient Descent @gradient-descent.bsky.social · 01/03/2024

The top ten assets in the world by total market value (market cap). Be cautious with gold — in 1971, France was scammed, losing all its deposits and receiving worthless paper in return. That one might be a pyramid scheme.

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∇ Gradient Descent @gradient-descent.bsky.social · 18/02/2024

Just finished "Principles of Economics" by Saifedean Ammous. He extols personal freedom and anarchic capitalism (too extreme for my taste, but fascinating as a model) for a good 400 pages, only to conclude with a chapter praising monarchy as the pinnacle of that. Really lost me there - what a nut.

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∇ Gradient Descent @gradient-descent.bsky.social · 01/02/2024

I just released a new TradingView indicator for calculating the monetary-debasement adjusted growth of any symbol. Great for understanding that it's not asset prices relentlessly appreciating, but rather our cash continuously losing value.

tradingview.com

Debasement Adjusted CAGR Indicator by flocko

This innovative Pine Script indicator, "Debasement Adjusted CAGR," provides a nuanced approach to financial analysis by adjusting asset performances for monetary base inflation. It reveals the true, i...

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∇ Gradient Descent @gradient-descent.bsky.social · 22/01/2024

Quite amazed by the simplicity and accuracy of this formula - found it today via regression.

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Nate Bear @natebear1.bsky.social · 15/12/2023

This is unbelievable. The maternal mortality rate for millennials in the US aged 25 to 34 is 230% higher than it was for Gen Xers and 300% higher than it was for baby boomers of the same age

Article clip says there are 30.4 maternal deaths per 100k millennials aged 25 to 34 compared to 21 for the second world war generation, 7.5 for boomers and 9.2 for Gen X

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∇ Gradient Descent @gradient-descent.bsky.social · 08/11/2023

DIY Synthesizers: This here is a 'NOT' gate. A logical component from digital tech that 'negates' a value. For a 5 volts input (='true'), it outputs 0 volts ('NOT true'... hence 'false'). Now, what happens when you interconnect the NOT gate into a paradox? When it takes its own output as input?

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Shaqsquatch @shaqsquatch.bsky.social · 08/11/2023

best package warning graphic i've ever seen 🪶

"warning: do not open outside" tag with birds attacking an open box on a box of mealworms

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Charles Johnson @charles.littlegreenfootballs.com · 30/10/2023

If something terrible happens to both the president and vice president of the US, the next person in the line of succession is a far right religious fanatic who thinks we need to return to those good old .18th century values.

theguardian.com

New House speaker Mike Johnson praised â18th-century valuesâ in speech

Louisiana congressman told audience at 2013 anti-abortion event Americans should live by 250-year-old religious and moral values

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∇ Gradient Descent @gradient-descent.bsky.social · 28/10/2023

DIY project for analog synthesizer "Flowland 101" making progress. Cowbell, bass drum, hihat.. Next in line: snare drum, then step sequencer.

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