On Monday, December 30, 2024, at 12:59 AM, Matt Mahoney wrote: > Fiat currency isn't going away until humans go away. People buy crypto either > to buy something illegal or because they think the price will rise forever > like tulips in 1637. Governments will ban crypto or require public addresses > to be registered because people making legal transactions want to be > protected from fraud. It's the same reason that cash is disappearing, except > cash is immune to quantum cryptanalysis.
>From the article Microsoft is looking at fiat units created, generated and >profited for it's declaration of AGI. Fiat currencies loose value, the USD has >lost 96% of it purchasing power since 1913 so the measuring stick is not >static, the units change and fluctuate to be replaced by new units across >cycles. Governments ban and strictly regulate crypto, which may be a fiat >currency depending, but some gov'ts are pivoting to embrace it for various >reasons like an expanding tokenization. Fiats really are networks into the >physics of the economy and debt-based fiat currency units are created by banks >adding digits, owed back to the central bank, altering the physics of the >economy. This fiat creation is associated with society’s intelligence graph of >human brains. Is the rise of AGI a type of symbiosis like mutualism, >commensalism, parasitism, amensalism, neutralism, competition, mimicry… >cleaning? Assuming that there is a fuzzy line between biologic automata and >electronic automata. ------------------------------------------ Artificial General Intelligence List: AGI Permalink: https://agi.topicbox.com/groups/agi/T6db2e1f98843706a-M26ecf9073e2f633fddd4105b Delivery options: https://agi.topicbox.com/groups/agi/subscription