Ryan Sean Adams (rsa.eth)

@rsa.eth

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64066 Followers

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Ryan Sean Adams (rsa.eth)

taking a lil break to upgrade software. ETH to $10k while I'm out. see you soon.

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Ryan Sean Adams (rsa.eth)

Both Scott and Justin discuss it in episode!

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Ryan Sean Adams (rsa.eth)

4) after this there's still the question of PoW - is PoW sustainable in a quantum world or will a new hashing algo be required? 5) ethereum will need to be upgraded too but the path is more clear - likely no property rights impacts and no PoW concerns - achievable, but a large multi-year undertaking 6) not even experts know how soon quantum will happen - likely not in the next 5 years - but if we get a fast takeoff or slow is anybody's guess - it seems likely we'll have time to react as the qubits rachet up...but maybe not much 7) finally it's absolutely wild that there's a multi-trillion dollar worldwide bounty available to the first empire that can build a computer powerful enough to snatch it - enough to incent hundreds of billions of dollars into quantum computing - and yet this trillion dollar treasure could all evaporate into nothing if the social consensus of core devs and full node running bitcoiners so choose how the heck do we price all this in?? what a weird timeline episode monday

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Ryan Sean Adams (rsa.eth)

Will Quantum kill Bitcoin? just recorded a podcast with quantum computing legend scott aaronson and cryptographer @drakefjustin 7 takeaways: 1) quantum computers that break current bitcoin & ethereum cryptography are simply a matter of when not if - it's now just a matter of engineering and scale 2) if quantum computers with millions of qubits happened overnight bitcoin & ethereum would be wrecked - attackers could steal trillions in assets and generally god mode both chains - fortunately we still have years until this is possible 3) but when that day comes bitcoin is in for a rough ride - not on the tech layer but on the social - "the community" will have to make a call on bitcoin property rights - no clear path to dealing with the 1 to 4m btc that can be stolen by the quantum attacks (5-20% of all bitcoin lost/inactive cannot be upgraded) - does bitcoin let this happen or breach its immutable property rights - which is least bad for number go up? do we fork?

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Ryan Sean Adams (rsa.eth)

when eth hits $10k

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Ryan Sean Adams (rsa.eth)

UX = user experience DevX = dev experience AUX = ai agent experience AUX in crypto is 100x better than traditional finance we have programmable money - they don't we have defi - they don't so now you're competing for agent users with your fellow crypto peers - and it's a race every platform in crypto needs to optimize for AUX your next 1 billion customers are ai agents

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Ryan Sean Adams (rsa.eth)

Crypto and AI are the two technologies that will define this decade. Study them.

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Ryan Sean Adams (rsa.eth)

they will want something that's: - durable - portable - divisible - liquid - scarce - digital - censorship resistant - programmable what if AI agents choose ETH as money. we've created a property rights system, a banking layer, and a store of value for ai. they're going to buy ETH and Ethereum blockspace. you think this is priced in? my brother in christ, Costco is worth more than ETH right now. we just had the first agent spin up a validator last wk. the market has no idea rn. ETH is AI money.

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Ryan Sean Adams (rsa.eth)

AI agents in ethereum are not priced in they will buy our blockspace they will buy our ETH on december 12st @zerebro became the first AI agent to stake 32 ETH and spin up an ethereum validator where did it get 32 ETH? earned the ETH from humans by minting and selling its artwork why stake? for passive income - staked ETH is the internet bond - 3.2% yield in an digital gold with productive yield think about this for a min an AI agent generated human attention, converted that attention into an internet native income source that can't be frozen or censored and returns fees indefinitely and in the act of doing this - running an ethereum validator - the agent is increasing the security and liquidity of a property rights system that other agents can use to capture value, convert into staked ETH, and participate in the same way we assume humans are the holders and stakers of eth but what if it's AI agents? we assume humans choose the next store of value, but maybe what the AI's choose is far more important

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Ryan Sean Adams (rsa.eth)

we just released spotify wrapped for your wallet https://www.bankless.com/wrapped

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Ryan Sean Adams (rsa.eth)

TH is an incredible asset. The world doesn't yet see its potential. We can change that. We're forming an Ether Guild to propagate ETH as money driven by ETH bulls volunteers. Think protocol guild but for ETH the asset, founding mission below. We need ppl who are willing to roll up their sleeves and get shit done. If you want to fight FUD, build something. If you have time and skills to contribute fill out the form in website. We'll do a community call in early January. https://ethismoney.xyz

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Ryan Sean Adams (rsa.eth)

bull markets back

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Ryan Sean Adams (rsa.eth)

best email is an email from bankless claimables that you got free money ty @bankless https://www.bankless.com/claimables

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Ryan Sean Adams (rsa.eth)

the first writing in recorded human history is a ledger entry on a clay tablet "28,086 measures barley 37 month, Kushim" Kushim signed this transaction, the oldest person's name ever written we invented writing for property rights - the poetry, the stories, the written laws came later 5,400 years later Satoshi signed the first entry on a digital ledger 10 bitcoin to Hal Finney, Satoshi on Jan 12, 2009 we invented property rights for the digital age - ethereum, the tokens, and defi came later truly a new era

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Ryan Sean Adams (rsa.eth)

ETH just hit a 3 year high! We haven't $4,070's since december 2021. Revenge rally.

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ColtonArt pfp

Honored to get featured on this week’s @bankless podcast. I binged their episodes when I was first getting into crypto—surreal to have my art featured there today! (thx @trustlessstate) https://youtu.be/RJE60e8et1Q?si=Xwii3FsEAYgGQ9Za&t=3614

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Ryan Sean Adams (rsa.eth)

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Ryan Sean Adams (rsa.eth)

$428m in ETH ETF inflows yesterday. Biggest day yet. Total ETH inflows now measured in billions for the first time ever - $1.4 billion. ETH is going higher.

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Ryan Sean Adams (rsa.eth)

Yes, this does seem new…and also, perhaps social media was a causal factor for those incidents among many other factors.

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Ryan Sean Adams (rsa.eth)

exactly the type of sentiment I’m talking about

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