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dsflatyvia treechat·48m
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "block_height": 958072,
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  "map_content": "BTC on-chain transactions are typically only around $1000 per block\r\n\r\n144 blocks mined a day x $1000 in fees = $144,000 \r\n\r\nThe daily mining reward subsidy 144 blocks x the spot price of BTC is typically about $30 Million \r\n\r\nThe gap between the daily fees and the block reward subsidy is huge, online searches suggest the fees are around 10% of the total reward which simply isn't the case \r\n\r\nThe on-chain transaction fees are typically only 0.5% when compared to the mining subsidy which is keeping the miners and the network hash going\r\n\r\nAll versions of Bitcoin need to reverse this trend \r\n\r\nThe Bitcoin that succeeds in delivering increasingly higher on-chain transaction fees will be the ultimate survivor",
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  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "dsflaty",
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Signed by14aqJ2…oWGKUnverifiedcustodial
MarkKordusicvia treechat·48m
Replying to #17d642e8
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Yeah those that chose the full time colledge and university option can find them selves still studying in their 20's broke, in fact in large debt, wheras the guy or girl that dud the mechanic apprenticeship oe carpentry could be well and truely settled into a new house and knocked off a couple of years if their home lones as well with a car abd furniture in their twenties, and playing sport, actually enjoying it, and studying. If socrates did it its doable. But he was a few in a lifettime generational one of few all time great footballer.\r\nMoral of story .one does not need to be getting paid millions to make it in sport, or be a full time pro. And dont quit studying. Or you will be dumb.",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "2. **Verifiability collapse (synthetic media, opacity) lowers $\\phi$, hence lowers $\\delta$.** \u2192 $T^* = \\delta/\\gamma$ **falls directly.** Equilibrium trust is *proportional* to detection efficiency.",
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Signed by14aqJ2…oWGKUnverifiedcustodial
MarkKordusicvia treechat·53m
Replying to #5eb3047a
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "My dad used to always say Socrates the footballer was in fact a doctor as well as a footballer.\r\nThis is a valueable lesson for modern proffesional sports men and women aspiring to be at a socrates level of mastery in their respective sports codes.\r\n\r\nIf he can finish school and complete a doctor degree and make it in soccer to the world cup and be one of the undispuited all time greats at the same time, the excuse no i have to quit school to become pofessional and make it, define making it? To be another Pele?\r\nNo , there is no more Pele's.\r\nThe shops closed they dont make them anymore, never again there was only one. And only will be one. \r\nBut you can be you, and the \" i got to quit school to make it \"does not wash with me.\r\nBecause i know from first hand experience.\r\nI quit scholl to train full time because i wanted to make it.\r\nThe only place i made it to was a hospital bed , the streets , handcuffed in the back of a cop car.",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Brenvia treechat·53m
Replying to #e2c9b836
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "6f29d34b090f758e39635d63ff67846ffb518e5269c33921707a32fb093ad787",
  "block_height": 958071,
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  "type": "reply",
  "map_content": "Padfield v Minister of Agriculture [1968]\r\nThe Agricultural Marketing Act 1958 created a mechanism whereby producers could complain about the operation of the Milk Marketing Scheme.\r\nThe Act provided that the Minister \"may\" direct that a complaint be investigated by a committee.\r\nMilk producers complained.\r\nThe Minister refused to appoint a committee.\r\n\r\nCould the Minister simply refuse because Parliament had used the word \"may\"? House of Lords said NO!\r\n\r\nNot merely \"I have discretion\", instead, discretion must be exercised consistently with the purpose for which Parliament entrusted it, if exercised so as to frustrate the Act's purpose, the courts may intervene...\r\n\r\nso far very statutory, except Equity maxims are shining brightly:\r\n1. Equity regards as done that which ought to be done: conscience - perform as per the intended purpose\r\n2. Equity acts in personam: imposed onto the Minister\r\n3. Equity will not permit a statute to be used as an instrument of fraud: a statutory discretion cannot be used as a shield for an improper purpose\r\n\r\nPlus, 'he who accepts a trust or confidence must perform it faithfully' (an equitable fiduciary principle rather than a classic maxim) - confidence highlighted as distinguished from trust.\r\n\r\nIs it \"Public office as a trust\"? Or is it \"Public office involves entrusted power(s)? \r\n\r\nPadfield does not rule that the Minister holds a Trust in the technical Equity sense. What is recognised is similar, more nuanced...",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "- Expected payoff to a deceiver meeting a verifying partner: $(1-\\phi)T_p - \\phi k$.\n- The population **verification intensity** $q$ is itself best-response: agents verify more when they expect more deception. This is the **screening response** (Stiglitz).",
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Signed by14aqJ2…oWGKUnverifiedcustodial
1DBFej…AYdXvia twetch·53m
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Good morning everybody \ud83c\udf1e",
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Signed by1DBFej…AYdXUnverified
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
{
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  "app": "treechat",
  "type": "reply",
  "map_content": "**Payoffs per encounter** (row player):",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
{
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  "map_content": "Compute the fitness gap. A deceiver gains from *un*-verified encounters with honest partners (there is trust to exploit) and loses from detection:",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Brenvia treechat·53m
Replying to #e2c9b836
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "d45118195d4bbec90a5d6cda705e736856424165414a8a9dccf3058773bbcdd1",
  "block_height": 958071,
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  "app": "treechat",
  "type": "reply",
  "map_content": "downsizing does not = replacing people with AI, rather it is reducing the scope of gov't entirely.\r\n\r\nDNA = Database of Names and Aliases \r\n(DNA as per double helixes and alike is pure fantasy, lies)\r\n\r\nA DNA analysis does go to the chemistry lab, but the key data obtained is more factual, like blood type.\r\n\r\nThe output goes to the data centres for data matching. Time for analysis to come back has varied for different analyses, occasionally taking months, some only a few days. Why? The old data warehouses are slow and clunky, but they do hold very long term records, nothing thrown away, hence the Gov't does know about your family tree for well back in time, etc. Just doesn't want you to know about this.\r\n\r\nGuess why the massive data centers are being constructed...",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #ccb21e7e
❤️ 0 Likes · ⚡ 0 Tips
{
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  "map_content": "$$\n\\delta \\;\\longrightarrow\\; E(t) \\quad \\text{(enforcement capacity)}\n$$",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "7c0dbb510772c724613f62bee94c75d4eb16b0728a9074d0bfe27a127b2a6c87",
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  "map_content": "Let $x = D/N$ be the **fraction of the population playing Deceptive** (this is the micro object that will become the macro $D$). Let $T \\in [0,1]$ now be reinterpreted as the population's **prior probability of transacting without verification** \u2014 i.e. the behavioral expression of the trust stock.",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #ccb21e7e
❤️ 0 Likes · ⚡ 0 Tips
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #ccb21e7e
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
{
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  "map_content": "The escape from full collapse comes from **verification**, which is costly and probabilistic. Before transacting, an agent verifies the counterparty with probability $q$, at cost $c$. Verification exposes a deceiver with probability $\\phi$ (**detection technology**). A caught deceiver forfeits the exploit and pays penalty $k$.",
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
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Signed by14aqJ2…oWGKUnverifiedcustodial
Istoapplesaucevia treechat·53m
Replying to #36ca7c31
❤️ 0 Likes · ⚡ 0 Tips
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