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bitfeed
stevepatterson
1 year ago
On-chain Data Storage with Sub-nodes
I've been playing with the idea of data storage on the blockchain. The business model remains unclear, but here's a potential scenario in which it could work. I'm not sure if the technical details work out, but if they do, this model seems plausible.
stevepatterson
1 year ago
My Bachelor’s Degree Means Nothing
My shiny bachelor’s degree holds a secret: graduating from college isn’t impressive. It’s embarrassingly easy. Not because I’m smart, but because the standards are so low. For the last few semesters of my college life, I mostly wrote bullshit and got
stevepatterson
1 year ago
I've enjoyed watching the "Theory of Bitcoin" videos with RXC. It's clear to me that Craig is an academic, but not a good way. I love interdisciplinary knowledge and consider essential for all serious theorizing. But I'm not a fan of shallow interdisciplinary knowledge. Craig is a reservoir of shallow knowledge - as if he's read a hundred college textbooks on a hundred subjects, never realizing that college textbooks are terrible sources of information. Because few people are broadly studied,
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stevepatterson
1 year ago
Theory of the origin of the state: Power and ambition is not evenly distributed throughout society, and powerful and ambitious people tend to gravitate towards eachother. Left to their own devices, they will naturally organize in ways that benefit themselves and solidify their power. They form companies, alliances, and states, and there's little ability to stop them. It's mutually beneficial for powerful people in a geographic location to "be on the same side" - i.e. it is better to direct the
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stevepatterson
1 year ago
'ello world.