Venkatesh Rao ☀️
Venkatesh Rao ☀️ avatar
Venkatesh Rao ☀️
@vgr
Venkatesh Rao ☀️ avatar
In @yak study group recent calls about Claude code, @anurajenp used 2 illuminating metaphors: a) It has a flywheel effect on doing stuff b) It feels like loading up a dragster (with config info) and flooring the accelerator Both suggest a particular interpretation in OODA loop terms: The observe/decide/act (O_ODA)...
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Venkatesh Rao ☀️ avatar
I was at 4700 steps and mall-walked to 10k. Now looking forward to an evening sudoku with dinner. My biological age is 200
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Venkatesh Rao ☀️ avatar
The Fed is on the verge of being captured. Only a matter of whether it will be done the easy way or the hard way.
Federal Reserve avatar
Federal Reserve
@federalreserve
2d
Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX https://t.co/O4ecNaYaGH
quote video
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Venkatesh Rao ☀️ avatar
I used to be envious of people who could raise one eyebrow. Killer social skill. Never got it despite attempts to practice. Eventually concluded it must be genetic. But I’m now remembering the kid who couldn’t wink. He’d think he was winking but would just blink both eyelids and it would look silly. At least I’m not that kid.
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Venkatesh Rao ☀️ avatar
Hmm maybe the ultimate asset backing all stable economics is “consent to be governed” This naturally features an adverse asymmetry: missiles and nukes vs small arms and drones Maybe the positive asymmetric potential of cryptography simply isn’t loaded with enough value yet so the adverse gradient prevails
How can you hold full reserves in a different auditable asset? Or is this an algorithmic stablecoin model? Most things would still be dollar denominated. 🤔 Fiats just hold nation-state levels of real estate with military force. Makes their problem easy. Related problem: USD tracking works because it’s the most used
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Venkatesh Rao ☀️ avatar
How can you hold full reserves in a different auditable asset? Or is this an algorithmic stablecoin model? Most things would still be dollar denominated. 🤔 Fiats just hold nation-state levels of real estate with military force. Makes their problem easy. Related problem: USD tracking works because it’s the most used ...
We need better decentralized stablecoins. IMO three problems: 1. Ideally figure out an index to track that's better than USD price 2. Oracle design that's decentralized and is not capturable with a large pool of money 3. Solve the problem that staking yield is competition Tracking USD is fine short term, but imo part
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Venkatesh Rao ☀️ avatar
The only thing worse than Great Man theory is Great Saint/Great Prophet theory
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Venkatesh Rao ☀️ avatar
The arc of the moral universe is long but it bends towards can’t-be-evil
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Venkatesh Rao ☀️ avatar
“Believe in somETHing” 😂
I agree with maybe 60% of this, but one bit that is particularly important to highlight is the explicit separation between what the poster calls "the open web" (really, the corposlop web), and "the sovereign web". https://x.com/tom777kruise/status/2006710624424702362 This is a distinction I did not realize until rece
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Venkatesh Rao ☀️ avatar
90% of the time when I have a false start or fail to finish something that’s 90% done, the pr-blew isn’t execution troubles. It’s illegible stakes. I get to a point where I stall and the right question is always “do I actually have meaningful stakes in seeing this through and getting it done?” If I’m lucky I stall and...
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Venkatesh Rao ☀️ avatar
Mostly unrelated cosmetic resemblance but this reminds me of how HBM is actually very slow but very wide memory across a very short distance. Like a 3 lane highway hitting a 10 lane toll station that sits in a stretch of 200m.
Increasing bandwidth is safer than reducing latency With PeerDAS and ZKPs, we know how to scale, and potentially we can scale thousands of times compared to the status quo. The numbers become far more favorable than before (eg. see analysis here, pre and post-sharding https://vitalik.eth.limo/general/2021/05/23/scalin
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Venkatesh Rao ☀️ avatar
2026 kickoff of SIGFPT (Special Interest Group in Formal Protocol Theory) starts in 5 minutes on our discord
Join the Summer of Protocols Discord Server!
discord.gg
Join the Summer of Protocols Discord Server!
Theorizing Protocolization I: New Nature
protocolized.summerofprotocols.com
Theorizing Protocolization I: New Nature
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Venkatesh Rao ☀️ avatar
I wasn’t sure the apparent robotics explosion of Q425 was real but the online heat signature from CES confirms it. Very real. Kinda wish Asimov were alive to witness and comment on what’s happening. Just reread one of his earliest stories, from before he locked in on humanoids and 3 laws. It’s called Sally, and is ab...
Sally (short story) - Wikipedia
en.wikipedia.org
Sally (short story) - Wikipedia
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Venkatesh Rao ☀️ avatar
Good air quality is probably worth 50 IQ points and like 100k in income. I’ve only spent like 48h in Delhi in my life and despite my interest in historical cities that’s probably unlikely to increase in my lifetime. Delhi winter AQI averages are now like peak fire days on US west coast with 200+ pm 2.5. Kinda sad bu...
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Venkatesh Rao ☀️ avatar
🫡👏
Now that ZKEVMs are at alpha stage (production-quality performance, remaining work is safety) and PeerDAS is live on mainnet, it's time to talk more about what this combination means for Ethereum. These are not minor improvements; they are shifting Ethereum into being a fundamentally new and more powerful kind of dece
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