2025-04-23
Surprise AMA 04/23/2025
- Back from the Amazon and the Satere-Mawe bullet ant ceremony, he frames the 2025 budget as a referendum and refuses to be a time and materials contractor.
- He rejects the RFP push as bike shedding by immature institutions, proposing a coalition smart contract and finishing the original roadmap instead.
- Deep dives on Bitcoin DeFi, Midnight as the partner chain template, a Lace dead man switch, and why Ethereum's wrong protocols doom it within 15 years.
- A sweeping critique of media without a veracity system, the Epstein cover up, de-extinction, and a diagnosis of Elon Musk's ego driven spiral.
- Long geopolitical and historical riffs, from an Israel Palestine land-swap plan to the Amazon's happiness, arguing outcomes rest on systems and single decisions.
164 entries
Opens April 23 back from the Amazon near Manaus, having met the Satere-Mawe tribe and done the tucandeira bullet ant ceremony after breaking bread with them.
Collecting 200 bullet ants by tapping their hives with a machete, sedating them with a ground leaf, and weaving them into the ceremonial gloves.
After an hour of dread you dance 8 to 10 minutes in the gloves, brutally painful as the pain radiates up the arm to the chest and head in waves of fire.
Posting it drew criticism about his body weight and ant placement, since internet experts know better than the Satere-Mawe chieftain who has done it for 30 years.
Society can no longer be happy for anyone, orienting first on whether they like the person before judging the deed, a culture toxic to progress.
IO was paid about 36 million in Bitcoin and 6 million in ADA a decade ago to build a cryptocurrency ecosystem through the Bitconnect, OneCoin, FTX, and Luna era.
Cardano is now a 25 billion top 10 ecosystem built on that funding, with 240 papers, over 10,000 citations, a new peer-to-peer stack, and onchain governance.
Within 12 to 24 months there will be multiple clients and strong institutions, and IO left behind 1.7 billion ADA for the community to decide what to do.
Comments demand he be paid nothing through an aggressive RFP, but he refuses to make his engineers time and materials contractors in a race to the bottom.
A PhD formal methods engineer cannot price compete with a bachelor's graduate in India using Windsurf, and asks which Cardano institution is a credible counterparty like Microsoft.
No Cardano institution is mature enough to match a company that built Windows and a quantum computer, so an RFP process is bike shedding by people who never delivered a product.
The opportunity cost is huge since those engineers could build cross-chain DAPs, AI products, or a medical EHR worth billions, yet offers to RFP Laos to a firm like Tweag.
Asks what you pay him for beyond Laos, the strategy and daily fight for Cardano, and whether you would be happier with Luna, EOS, IOTA, or NXT.
Cardano is still in the game, added to the reserve and named by the president, and project blueprint will let diverse development teams form.
IO pushed for the node diversity workshop and for Intersect and Pragma to form, and 2025 is a transition year with the constitution only approved in February.
Fiscal conservatism means plenty of ADA is left for 2026 whether the NCL is 350 or 500, with eight months to build a better process for 2026.
Warns against alienating the people who got Cardano here as a bull market begins and competitors with billions spend loosely.
The budget is a referendum by disgruntled people settling scores, and he will be okay after a decade that turned his hair white.
He holds one of the largest ADA supplies outside Binance but will not vote to preserve legitimacy, and will not be a DRep or stay on the constitutional committee.
He is moving from building Cardano to building on Cardano, and Cardano gets an outsized share of the Midnight glacier drop out of love for the ecosystem.
He left a treasury, many DAPs, institutions, and a roadmap of Bitcoin DeFi, Ouroboros Peras and Prow, Laos, fast finality, and Babel fees.
Realfi does lending in Africa, and in Ethiopia IO followed every law with a Ministry of Education contract, built Atala Prism, gave it to Hyperledger, and was never paid.
IO walked away when Ethiopia broke its crypto promises, and the same team is now in Kenya deploying tens of thousands of loans that bring real world assets into Cardano.
Rebuts the lie that IO is not working on Bitcoin DeFi, citing the Fairgate Alliance and a UPLC to RISC-V compiler so Aiken and Plutus compile to Bitcoin script.
Bitcoin support lands in Lace in April 2025, then a one click Bitcoin DeFi mode, and demand is so high they need a satellite event beside Bitcoin 2025.
Warns that this toxic behavior kills an ecosystem and drives out founders you cannot replace, sending Cardano into a death spiral.
Good people were driven out too, with ecosystem members since 2016 leaving in frustration during the constitutional debate over toxicity.
The bullet ant ceremony collapses the three selves of who you aspire to be, think you are, and fear you are, after a medical checkup on anaphylactic risk.
A cigar brought him peace before the ritual and he stayed stoic through it, gaining strength for shipping Midnight into the top 10 in 2025.
Paul Atkins, the new SEC chair, will fix Gensler's problems while Democrats continue the strategy, with Oregon suing Coinbase using Gensler's lawsuit.
A Reuters reporter asked six times about Trumpcoin, and federal crypto law should be codified by August before going state by state.
Urges voters to tell anti-crypto Democrats they will lose elections, since blue states may become no-go zones for crypto.
Matera Protocol style indexes of Cardano native tokens create cross-chain liquidity, and Midnight and Bitcoin DeFi are the two big bridges, with Babel fees acting like tourism for ADA.
People could buy exposure to the top 100 to 200 Cardano native assets in their own currency, with rebalancing bringing liquidity onto the DEXes.
He met Mickey in Paris about a Gillette micro ISP to franchise across Wyoming, South Dakota, and Montana, with World Mobile the next partner chain after Midnight.
The World Mobile token should exist in every ecosystem for connectivity, and a partner chain is the only way after it tried Cosmos and a base layer three.
50 to 60 percent of the Midnight build is Midnight itself and the rest a turnkey partner chain kit: the Hydra glacier drop, the SDK, the bridge, and the dual token model.
IO had to backfill what the foundation never did, spending tens of millions integrating custodians like Copper, Fireblocks, and Zodia and getting native asset listings.
Midnight tokenomics come in a white paper with a dual token model, one deflationary and one a capacity unit, after a final AI RAG assisted review.
A dead man switch smart contract where a lapse in proof of life sweeps your funds to a trusted third party per your will, which IO is building into Lace premium.
The open source dead man switch also handles lost keys, and dovetails with Hyperledger Identus DIDs so you can hash and sign a legally admissible will onto Cardano.
350 million ADA is not too much sell pressure since an iceberg order can move it in a month at 1 to 3 cents of impact, as firms like Wave, Jane Street, and GSR do.
Asking to make Cardano proof of work is like converting a car to a steam engine, and discussed staking stablecoins under Minotaur multi-resource consensus with Silvio Micali.
The Hoskinson Health Center in Gillette opens July 4 as a 70,000 square foot biotech complex with a surgery center, hyperbarics, bioreactors, and stem cell labs.
The Lace mobile client is built in Argentina, and he is considering an insurance company because healthcare insurance is a soulless bureaucratic system.
The clinic gives free community healthcare and keeps physicians at 12 to 16 patients a day, with profit coming from anti-aging product lines and procedures.
Ethereum made three self-inflicted mistakes: the wrong accounting model, the wrong virtual machine, and the wrong consensus model.
Ethereum should adopt the Sui object model, RISC-V, and Narwhal and Tusk consensus, then build onchain governance to coordinate upgrades.
Ethereum's layer 2s are parasitic while Midnight is symbiotic with Cardano, which already has the right accounting, consensus, and VM plus onchain governance.
Predicts Ethereum will not survive 10 to 15 years as layer 2s suckle its alpha and Bitcoin DeFi and Solana eclipse it, like MySpace or Blackberry.
Superior paradigms creep up and kill incumbents fast, the way Perplexity could destroy Google by simply giving you the answer.
An RFP takes 3 to 12 months of paperwork, and layering it onto Catalyst's burden just makes the same people you were already funding jump through hoops.
Asks who scores vendors when you already approved the IO roadmap, so an unrelated group would RFP to execute IO's own vision.
IO would be conflicted out or asked to open audited financials, but the price is the price, like a concrete vendor who will not show you their books.
Proposes a 3 of 5 keyholder smart contract by Sundae Labs for coalition bidding, with stop payment and unused ADA swept back to the treasury.
People call Intersect bureaucratic yet want it running all procurement, and urges spending seven months finishing the original roadmap.
Developers will deliver Peras, Plutus V4, the blueprints, and project Acropolis, a micro-service node, and the price is wages plus a slight margin.
The real problem is oversight institutions without momentum, not the vendors, and an RFP with Microsoft as counterparty would work because they understand the product.
Members based orgs keep their technical talent outside or conflicted out, leaving non-technical judges and a Twitter popularity contest.
The technical steering committee kept the process opaque, called him the greatest threat to Cardano, when the real threat is eight years for a network stack with no pubsub.
Non-standard tech makes Cardano an island with no urgency, risking getting betamaxed, and mocks wanting a UK based RFP where no Magnificent Seven company was founded.
Colossal is valued at 10 billion and brought back the dire wolf, he owns the plant side and an anti-aging business worth 50 billion, so he knows what he is doing.
Asks how funding alternative clients and empowering Pragma shuts anyone out, noting Vitalik now praises UTXO and privacy after discovering Midnight.
IO invented AVS with Minotaur, then others copied it with EigenLayer and Babylon, so if you do not move fast someone else captures the value.
The zero trust framing pretends no one has a track record, asking why Pragma exists if not because it distrusted the very committee it would route money through.
Governance pain was predictable while proud of the record, with do-overs he would make on people, technology, and speed.
Governance is reductive, costing friendships, while the bullet ants are growth and a rite of passage you gain from.
Charles Token holders get an exclusive director's cut of terabytes of Amazon footage via Book.io, shot by ex-Ranger videographer Yuma.
Admits being overweight but says he gained 12 pounds of muscle and kept up with special forces in the jungle on a torn tendon.
He could lose weight the easy way with semaglutide but chose to mentally prepare for the tucandeira instead, showing willpower.
Reagan's 1987 fairness doctrine repeal made sense only for two-viewpoint public media, not a multipolar internet where you cannot steelman an eye-gouging cult.
The modern fairness doctrine is a veracity system, and he fact checks every meme through GPT, Perplexity, Gemini, and Claude to ground the source material.
Critical thinking means asking what would have to be true, walking a claim to its second, third, and fourth order implications.
Epstein has the telltale signs of an intelligence agency blackmail conspiracy, and people in power keep killing the story because they are compromised.
A Bush-era law lets the US charge sex tourists, applicable to the Epstein client list with no statute of limitations on child rape, so why no investigation.
You make truth an economic agent, and a billion dollar bounty on the Epstein list would reveal the names since people have murdered for far less.
He would put a million into that pot, because the US has no moral authority if it knows leaders raped children and just moves on.
The trust-the-science crowd relies on appeal to authority, like journalists claiming the dire wolf was not really brought back.
Cloning partial dire wolf DNA brings ancient viruses and birth defects, so you move genes of concern into a grey wolf genome for the same bones and behavior.
Media calls it not a dire wolf though it looks and bites like one, like the diamond industry insisting a lab diamond is not a diamond after DeBeers manufactured scarcity.
Climate change will drive a third of species extinct because nations cannot coordinate, so modernizing genomes lets species adapt, like corals to warmer oceans.
De-extinction is a governance conversation for the global commons, but journalists with no science background just play devil's advocate against anything new.
Marvels that a species dead 13,000 years is resurrected, unlocking magical possibilities like designer dogs without hip dysplasia.
Criticizes consciousness deniers like Sapolsky who claim no free will and that only what he measures in his lab exists, urging a world of imagination.
The Oblivion remake in Unreal 5 is great despite too-gray complaints, and retro remasters make sense, which he will do with Legends of Valor and Crystal Mine on the Lace NES emulator.
The Catholic Church has hard fact-finding ahead over the Latin mass debate, and the alien documentary with Jason is delayed under Netflix pressure.
Emulators are legal but ROMs of Mario are Nintendo's IP, so the goal is creating original IP and a homebrew marketplace.
The Wyoming restaurant hit an asbestos abatement stop order and a 70 percent ownership dispute, one of the hardest projects he has worked on.
The Gerome gladiator painting is about hubris, the gladiator facing the crowd not the emperor for the kill decision.
Calls printer ink a scam and says a three-day fast reveals how social eating is, since everything people do connects to food.
Brian Johnson transfuses his children's blood, walks around naked, and once called himself Lucifer, so he will not emulate him.
Hyperbarics at 2.2 atmospheres for 16 hours is too high and unsafe alone, and South Africa's black empowerment race laws spawn shell companies.
South Africa should have used VC firms, charter schools, and a flat tax to build an African Silicon Valley, and the UK arrests 1,500 people a year for posts.
His clinic is recruiting a pulmonologist for mesenchymal stem cell lung regeneration to treat COPD and his own lung scarring.
The bullet ants last 10 minutes because the ants run out of poison, and countries have interests not allies, so he holds Israel accountable for mistakes.
Proposes Israel's Leviathan gas field fund a pipeline to Europe and a Palestinian sovereign wealth fund, with an Egyptian land deal for New Cairo.
Suggests giving Palestinians Red Sea land two to three times Gaza with a sovereign wealth fund, Gulf states building a Dubai, and dual passports with freedom of movement.
The stronger party wins wars as Native Americans learned, so moving people can resolve irreconcilable land disputes if you make the deal worth it.
Cites the Abraham Accords letting Israelis walk past their flag in Dubai, and small wins like a Dead Sea pipeline with Jordan that both sides fail to build.
The Black Hills and the Kingdom of Hawaii were taken, so the question is not litigating the past but righting the wrong for the future.
30 million Amazon natives died of disease when conquistadors came, and the jungle's remoteness alone saved the surviving tribes.
Nothing in his microphone was surely ethically sourced, and people take the moral high road while enjoying the conveniences of not doing so.
His great-grandfather came to Ellis Island with a single bag and now he has more money than the Medici, the chain of immigrant sacrifice.
Urges thinking intergenerationally with infinite land in space and the seas, the way the Dutch reclaimed a third of their country from the ocean.
Rebuts racist history, noting the pyramids and the Mali Empire were in Africa, and Europeans simply invented superior governance to coordinate at scale.
Recounts how a foiled Hittite-Egyptian marriage alliance, undone by one shipwreck, could have unified an empire a thousand years ahead of its time.
Annie Oakley nearly shot Kaiser Wilhelm II, and one bullet could have prevented World War I, the Soviet Union, and the Nazis.
Outcomes rest on systems not superior cultures, citing Singapore versus Malaysia and South Korea versus North Korea, the same people divided.
Amazon tribes with stone age technology thrive on the Rio Negro where a physics PhD would die in a week, questioning what progress really is.
Asks why suffer 40 years for a brief window on bad knees when the Amazonians wake up joyous every day with no tax bill.
Modernity's greatest con convinced people to enslave themselves through monetary policy, institutions, education, and religion while feeling free.
The internet is the id of humanity with no accountability, and as a Maui-born man he loves the strength of Polynesian warrior culture.
Becoming dangerous through jiu-jitsu paradoxically reduces violence, so the best thing for kids is self-defense and self-reliance.
Offers a Bitcoin premine thought experiment: in 100 years you cannot distinguish a presale from a mine once emissions are negligible.
Cardano's Gini coefficient beats Bitcoin with more small holders, while BlackRock hoovers up Bitcoin, yet a premine is treated as forever stained.
Did the Haleakala sunrise, and says Midnight will not cannibalize Cardano because it services other networks, bringing transaction volume in.
Being a self-made billionaire gives credibility in business the way being a doctor does in medicine.
Critics get to decide what is legit, but every decentralization and code diversity metric looks good and everything promised was delivered.
Challenges where the scam is when Byron, Shelley, Goguen, and Voltaire all delivered, with 2,200 days of uptime and DAPs like SundaeSwap and Hosky.
Rebuts the claim of no African presence, citing Kenya, Nigeria, the parallel constitutional convention, John O'Connor, RealFi, and African DReps like Mercy.
Business is hard through COVID and Biden suing every exchange and debanking crypto, without excuses since Cardano is still here.
Recounts flying into Ethiopia to re-sign the Ministry of Education deal as the TPLF advanced on Addis Ababa, and still not being paid.
Shows the bullet ant glove with a stinger still stuck in his hand from the constant biting, and says his chest cold from Paris moved into his lungs.
As a pro-vaccine family of doctors he felt betrayed by the FDA over the COVID vaccine, unable to travel without a card.
He built his clinic because he can no longer trust modern medicine, doing his own science with MD PhDs and no NIH involvement.
Argues Europe has less free speech, arresting people for hate speech and fining platforms that do not deplatform, unlike the US.
Says silent prayer near an abortion clinic differs from harassing patients, and declines to defend Musk's meddling in German elections.
He engages whoever holds power abroad without picking sides, only asking whether he can do business there under rule of law.
Asks what business it is of Musk whether the AfD wins in Germany when Tesla should focus on cheaper cars than BMW and Audi.
Musk's multiplanetary goal requires cooperation with German and Chinese engineers, not alienating half a country.
Runs a live experiment asking Musk's own Grok who spreads the most misinformation on X, and it names Elon Musk.
Asks how Grok serves going to Mars, concluding Musk wants power and attention from a fragile ego surrounded by sycophants.
Asks where Musk's philosophical treatise and ethics are, and why a man with 400 billion dollars punches down at critics.
Criticism that blocks business, like Electric Coin claiming only 189 Cardano developers, must be addressed, but Musk calling a Thai rescuer a pedophile serves nothing.
University deportations were tied to violent protests, not naked speech, while urging more tolerance and the right to criticize Israel or Hamas.
White privilege is a manufactured construct, recalling racism as a haole in Hawaii and a gaijin in Japan.
The racism industry demoralizingly tells minorities they cannot succeed by merit and need a giant government to redistribute for equity.
America hates poor people, and focusing on opportunity in poor areas rather than DEI lifts everyone since people take care of their own.
Notes Cardano is up 6 percent despite claims it is falling, and jokes about the new pope.
San Francisco is full of Waymos not made by Tesla, since Musk wrongly rejected lidar for optics only.
Combining lidar, radar, and optics is right, and Musk's self-driving lies mean billions in Tesla hardware upgrades, like Bloomberg's free Johns Hopkins tuition versus Ukraine spending.
His longevity goal is a 30 percent reduction in biological aging via hyperbarics and stem cells, then epigenetic reprogramming like Sinclair's work.
Explains longevity escape velocity, and says riding an autonomous rocket 60 miles up does not make you an astronaut like Katy Perry.
Wants a Gillette medical school in the 2030s combining naturopathic, functional, and allopathic medicine in a five-year program.
He pursues longevity because there is too much to do, from living with Amazon tribes to Arctic exploration to mastering a martial art.
Capping treasury spending to revenue blocks deficit investment for growth, and no VC would invest if Cardano will not invest in itself.
With 1.7 billion ADA, strategic investment now catches the bull run toward 3 dollars, versus missing it and falling to the top 50.
Advises not to study a field but to pick something to build, since a secure messaging app teaches applied cryptography and information security.
Homomorphic encryption teaches both category theory and cryptography, and college degrees are worthless because they connect to nothing real.
Recommends Cardano investments in NMKR's Patrick, Sundae's Pi Lanningham, Midgard, SNE, and Book.io.
Outside web3 recommends anti-aging, regenerative medicine, quantum engineering, cognitive neuroscience, and complex adaptive systems.
The treasury core is institutions, node diversity, roadmap, and Bitcoin DeFi, with the next layer marketing, growth-hack funds, and incubation.
Fix the broken windows on custodians, stablecoins, and oracles, deal with Techstars or 500 Startups, and put the equity in the treasury.
Proposes minting half of each treasury round into stablecoins, launching a tier-one partner chain yearly like World Mobile and SingularityNet, and doing an AI airdrop.
Wants dedicated sales teams in Argentina, Nigeria, and Vietnam, the fastest growing crypto markets, paid on performance, and full funding for project blueprint node teams TXpipe and Blink Labs.
He could put a full plan on the table but there is no executive function in Cardano by design, which is frustrating.
Recommends a hybrid digital voting system where paper and blockchain audit each other, which is unhackable in the right configuration.
He will not bid on blockchain voting without a self-sovereign identity system, or you just securely count fake people.
Paper and blockchain votes reconcile one to one, allowing any ballot architecture like quadratic or approval voting, with a zero knowledge proof for privacy.
The Ripple partnership goes well with XRP support coming to Lace and XRP in the Midnight airdrop, while Chainlink stalls on a legacy integration path.
Chainlink has no bad blood but its integration keeps slipping, so he is also looking at Pyth and Flare oracles.
Jokes he and Sergey Nazarov are the same person in style, and checks Djed holding its peg near a dollar on TapTools.
The ant venom hurt terribly, that he both read and visited the River of Doubt, and that Cardano's USDM and USDA stablecoins are great.
Closes that he will speak at Consensus in Toronto and Untraceable, praising Canada's crypto-friendly culture, thanking 20,000 live viewers.