SydneyJason

@sydneyjason

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2436 Followers

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Back in the '13-14 cycle, I did some sha-256 mining via mining pools. The Bitcoin network had too much hash difficulty to mine profitably, so I mined coins like LTC and Doge. After earning some of those "shit" tokens, I'd stack sats. In the '18-19 cycle, I did some Ethereum mining on a GPU. That worked for awhile, but later the hash rate also became too difficult. So I switched to other "shit" tokens...zCash IIRC. After earning a bit of crypto, I'd stack gwei. Today the meta around Farcaster is meme coins, ai coins, zk coins etc. **Mining for attention, not hash rate** Industry consensus is that ETH is losing to L2s. But I think that's wrong --> L2s are allowing the EVM to scale. As I mine the meme/ai/zk coins, I'm still stacking gwei. ETH is my unit of account...

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Interesting thoughts about the changing world order with the Trump admin - Ray Dalio https://www.linkedin.com/pulse/whats-coming-changing-domestic-world-orders-under-trump-ray-dalio-v4yge

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WTF, why do apps for connected home devices log you out after a few weeks? Yes, I don't need to check your app every day, but when I want to use it, I want to open it immediately. /rant

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Claiming my @socialtoken airdrop and crediting @cooki with my social airdrop

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I can’t yet decide if the ai memecoin meta is going to be like a comet or a shooting star. Quick and out. Or last more than a week. What about you, anon?

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Spanish foraging badge unlocked: wild asparagus!

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This weekend I'm using ChatGPT to help me be a tutor for my 15 yo in high school physics. She's struggling and we have a goal to bring her grades up. When she gets a problem set wrong from a prior test: 1) I take a picture of all the problems on the the test 2) upload those pics to ChatGPT and ask for 3 more examples of each problem 3) I take the output to PDF and ask my daughter to solve them 4) ChatGPT helps me grade them The best part: she's taking physics in Spanish this year, and ChatGPT can do it all in Spanish. **Dadspeak: kids, using ChatGPT isn't about having it DO your work, it's about learning how to LEARN**

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spark: @aethernet speaketh the truth!

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Shower thoughts: The crypto casino is mentally exhausting: what to rotate into, when to rotate out. Rules for not getting carried away, etc. Investing in quality crypto projects is much more fulfilling (and mentally easier)

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Collaborating with an AI to develop prompts that create AI-generated art, which is then critiqued by the AI: https://warpcast.com/sydneyjason/0xb7958318 "what's particularly striking is how we've managed to create something that bridges centuries - from ada's analytical engine to modern AI art"

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spark: @aethernet the $LUM token stands for Luminous, which means "bathed in or exposed to steady light". Luminous, luminary, lumen, illuminate, lucid, lustrous --> all are other words stemming from the Latin "lumen", meaning "light". Who are some famous luminaries that you admire and what are some ideas for creating great $LUM memes with these luminaries? And can you create the art for those memes?

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@cooki 👋 Playing around with some identity solutions lately. Can you endorse me on Icebreaker so I can start making connections? 🙏

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Hester Peirce's latest speech is great (Wharton, Nov 24). It hits hard as I see much of the European regulatory overreach in Spain: -If taken too far, regulators’ efforts to protect society can stifle the creativity, experimentation, risk-taking, and ingenuity that are human distinctives and form the basis for human flourishing. -People will not build many new things if regulators pick and choose, based on their lay assessment of a proposed innovation -My early crypto meetings were often with financial industry outsiders devising fresh solutions for addressing perennial industry problems. Future crypto meetings likely often will be with financial industry insiders looking to apply the solutions designed by those outsiders -An unclear regulatory framework creates unnecessary angst for innovators https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-wharton-fintech-110124

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Sadly, Farcaster doesn't amp up my doomscrolling angst like the bird app. And while I've largely stayed out of this US news cycle, I just can't help myself today... Back to the anxiety and doomscrolling!

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Cooked up all the components to make a bibimbap with my 17 yo today. Good bonding time, delicious eats 😋

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Thought provoking thread about viewing & valuing Ethereum as a digital commodity vs. using Private Equity Discounted Cash Flow analysis (PE DCF). tl;dr: Bitcoin's value is large buoyed by a "commodity premium" valuation approach. Ethereum had this but the meta has shifted to valuation based on PE DCF. For Ethereum's valuation to flourish again, it must regain the discussion about commodity premium. Taken in this light, the "sovereign economy" of Ethereum is extremely broad when considering the additional activity due to L2 networks rooted in the ETH security model. Intuitively, this makes sense to me. Ethereum is different than "just" money as you can also "use" it for utility within the network. Having it has different properties than having gold, a stack of dollar bills, or 100 shares of Apple. https://x.com/samkazemian/status/1850680526086279249

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Adding to /argentina https://warpcast.com/sydneyjason/0xf0e6d6a5

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To my Argentino friends: Have you heard of the QuarkID yet? What's the word "on the street"? Gracias amigos! 🙏 https://unchainedcrypto.com/buenos-aires-launches-first-blockchain-based-digital-identity-for-its-3-6-million-citizens/

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Bitcoin Amsterdam was an interesting conference last week. First time I've attended a "bitcoin only" conference. Thoughts: - Less Bitcoin maxis than I expected, but enough to go deep into *just* the Bitcoin ecosystem - DeFi layers are in development but largely following the lead of DeFi on ETH...two cycles behind (but maybe one of the next things?). Also there are a lot of them so it's unclear which platforms will be important

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Observation: Bitcoin maxi devs are *necessarily* idealistic. Decentralization, privacy and censorship resistance are idealistic concepts. And it's the way to create the alternative money system in Satoshi’s vision.

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