Jack Miller

@jackm

666 Following

1352 Followers

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Thoughts on Canton since its been discussed on the pod I'm an investor and I run a validator node. Mainly invested because Don Wilson is behind it. The business case is at least ... legible ... but I also have some doubts The tech is the most overengineered thing I have ever seen. The infra cost is high and the tech stack is convoluted. Documentation for these things is always poor for all projects but there were a ton of undocumented fixes that required their devs to help My most cracked dev who never stumbled on any technical problems got burned out getting this to work and had to take a few days off once it was running. The company Digital Asset tried to bill us for customer support because our dev was asking questions about how to build on their open source software I'm not convinced the cost and complexity has a tradeoff of actual value, I just think they built something crazy. I also question the Canton token value accrual. But if they can onboard institutions there'll be something valuable there

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If you’re not trying to be the best you won’t even end up being good

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"The accounting issues related to stealing old Bitcoin remaining outstanding" 😂 Regarding Matt's question "wouldn't [someone with a secret quantum computer] attack other systems first?" I used to think they would obviously go after some bigger fish than Bitcoin but now I think Bitcoin is the most attractive target Would you rather make millions/billions of dollars taking most likely lost or known-to-be lost coins (which you can possibly justify to yourself and/or the public as a victimless crime, if even a crime) or risk jail forever by committing fraud on the NYSE or eavesdropping on the President? I am not aware of a use for a secret quantum computer that isn't morally and legally fraught and the risk/reward of taking dead people's Bitcoin is pretty good compared to the alternatives

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The Easter Bunny is probably the most preposterous lie we tell our kids Santa at least has tons of lore and a plausible-sounding mechanism behind it … … the giant benevolent gift giving, basket hiding Bunny lacks the same rigor and raises more questions than it answers Happy Easter everyone

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Plan less, do more, reflect more

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I wonder if we are in a golden era of alpha for using AI Current gen is xtremely useful if you know what you’re doing but still error prone This means the “default” is faulty - once the default is immaculate there’s no alpha left

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Of all the things I’ve done with AI the most high leverage continues to be feeding chatbots my raw unstructured notes for analysis Takes such little work to generate on my end but can get useful outputs

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The kids actually like my old video games 😂 I’m surprised They just hate it takes like 20 tries to get SNES games to work

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Literally haven’t set an alarm a single time since having kids Seems like I will never oversleep again

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My son is convinced you get older until you hit a peak and then you start getting younger like Benjamin Button He has lots of plans for when he is old and I am young

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White Sox won yesterday (only happend 25% of the time last year) and Bulls had an epic game winner last night https://x.com/barstoolchicago/status/1905450692602458178

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Our fund uses a qualified custodian for assets. We often get "dust attacks" where scammers send us small amount of tokens in hopes we lazily copy/paste their address from the transaction history and send them money by mistake. Basically onchain phishing For some reason, one of these scammers (accidentally?) sent us a material amount of money, not a ton but more than usual for these attacks Since we don't know who these people are, we cannot comply with the Travel Rule and so typically in these cases our custodian will reject the deposits and return the funds. BUT I don't want to do that. So, I want to attempt to declare the funds illicit and legal retain possession of them, for fun and out of pettiness. I started going down the rabbit hole on how you do this and WOW does that seem like a lot of work. But I'd rather do that than give money back to the scammers. If the custodians just let me burn the funds instead I might do that to save time ... If anything interesting happens I will keep you posted

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Realized I’ve been doing push/pull/legs workout splits for years (as opposed to upper body / lower body, etc) It’s nice because you easily hit every muscle but have to workout a full 6 times / week to hit each muscle group twice … kind of a lot and missing here and there unbalances you What are other good ones?

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I never used to get sick I lowkey didnt believe people when they said they were sick. Like I thought it was a collective lie we pretended adults could be too sick to do stuff and not be hospitalized I’ve been sick more times in my few years as a parent than the rest of my life combined. What the hell

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One reason there’s still outsized potential for returns in crypto is access to global liquidity that other asset classes simply don’t have Also why parochial TradFi markets becoming cryptofied is programmed in

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Officially been managing Cosimo Capital for a full 7 years, the equivalent of 70 years in any other industry

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Being an open source maxi means your tech stack is exhausting 😂 Comfy for me but still true

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CBOE proposed a rule change that would allow ETFs to stake crypto They completely punted on the liquidity question, saying: “The Sponsor expects to maintain sufficient liquidity in The Trust to satisfy redemptions and current liabilities” https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-038.pdf

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Hit me with the ol’ 5am wakeup then fall back asleep in my arms and I took the bait like a sucker

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These same coins the US gov says they are not selling triggered a huge dump a while back over fears they were quietly selling … Now they’re officially not selling and market dumping

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