2025-02-02
Surprise AMA 02/02/2025
- A wide-ranging February surprise AMA that opens on Cardano's three post-Plomin priorities, ratifying the constitution, roadmap, and annual budget as the consent of the governed.
- He delivers a long, detailed indictment of the Wyoming stablecoin process as a nepotistic CBDC, announcing an Integrity PAC to reform state procurement and back candidates.
- He goes deep on tech: a smart-contract budget model, the history of extended UTXO versus the abandoned K-framework ledger, the Bitcoin bridge, quantum, and a PGP paper wallet.
- He spends a large stretch on politics, arguing the media falsely brands everyone a fascist, defending tariffs and Trump's style while calling the Biden replacement a coup, and dissecting the DC plane crash.
- He recounts fleeing his first dark-room retreat after a sleep-paralysis demon, then closes with a live degen session buying NFTs and tokens from his Lace wallet on Cardano DEXes.
91 entries
Opens on February 2 2025 saying February is a big month with his mother's birthday and a dangerous April challenge he is training for, plus deals under NDA gaining momentum.
The Plomin hard fork is out and governance is underway, with three essentials for Cardano's self-determination: fundamental rights via the constitution, strategy via the roadmap, and execution via the budget, all needing the consent of the governed.
The roadmap will be ratified by info action, and the 84-page budget from Intersect will trigger rival budgets and a DRep working group consolidation like a Ways and Means Committee, taking two to three months before becoming an annual process.
Backs Patrick Tobler's idea of paying vendors through smart contracts in ADA or Cardano stablecoins like USDM and USDA, with incremental autopay, governance kill switches for audits, and leftover funds swept back to the treasury.
Suggests the treasury could hold donated Cardano native assets like stablecoins or Bitcoin, and names Intersect or administrators like Brevan Howard as options for handling the reconciliation of oversight, amounts, and payment terms.
Floats a poll idea to convert 5 to 10 percent of the treasury into stablecoins managed by an external firm active in Cardano DeFi to grow TVL, with profits converted to ADA and returned, boosting the case for listing CNTs, directing interest to JJ Syler.
Cardano is now governed with DReps and the constitutional committee in charge, some DReps surprised by their power, and delegators should expect regular communication and accountability under a voluntary, standards-based system.
Wants perpetual workshops to keep improving the constitution, roadmap, and budget, asking what percentage of the budget to spend on continuous inclusive improvement, and predicts a ratified constitution, roadmap, and budget within 90 to 120 days.
The roadmap includes Midgard and Leios as a first-class citizen, with stacked dev teams writing Leios code 24 hours a day to make Cardano one of the fastest chains, plus the best layer 2 via extended UTXO.
Anastasia Labs is scaling to 15 people aiming for mainnet in 2025, Hydra will get goodies at RareEvo with a Lightning-Hydra merge explored, and Bitcoin DeFi is first-class regardless of the roadmap, demoing at Bitcoin 2025.
He started a PAC over the Wyoming stablecoin and met two dozen disgusted lawmakers, noting the 5.8 million dollar budget is hopeless against Tether's 13 billion and Circle, and the University of Wyoming projects it will lose money.
The nepotistic process excluded Bitcoin, XRP, Cardano, Hedera, Algorand, and ICP while qualifying only Ethereum's layer 2 and Circle-touched chains like Sui and Stellar, which curiously beat the Ripple it forked from.
Recaps that the promised open process with published requirements never happened, requirements were hidden, and the ex-Consensys executive director claimed Cardano lacks freeze-and-seize, which CIP 113 implements as a smart contract needing no hard fork.
Says they demoed the capability with the University of Wyoming on January 31 while the director, in the audience, implied it was fraud, and argues the resulting product is a CBDC that tracks and can seize assets, which Trump's executive order banned.
He cares because Cardano was never allowed to bid, not a disgruntled vendor, while he has invested hundreds of millions in Wyoming with a clinic and construction company employing 250 people across 120,000 square feet.
Joe Lubin of Consensys, BlackRock, and Circle all met with Wyoming officials, with Circle's general counsel now a commissioner, and contrasts it with Kraken's Jesse Powell being a good citizen under the state's 40 crypto laws.
The corruption makes him question further Wyoming investment like a 2030 medical school, and vows his Integrity PAC will change procurement, spending 10 to 30 million to back 2026 governor and lawmaker candidates who agree.
Reminds other excluded ecosystems they have standing for a class-action lawsuit, and argues that if Wyoming admits the mistake and reforms, it will prove the state is still the best place to incorporate a business.
Answers the recurring ADA-is-plummeting question with a live CoinMarketCap check showing Cardano down 12 percent, outperforming BNB and Solana, calling it a market condition after Trump-election euphoria overbought.
Predicts the US government will become one of the largest crypto procurers within five years across voting, payments, and identity systems, pulling 20 to 50 countries into interoperability.
The US already holds 212,000 Bitcoin via civil asset forfeiture that Senator Lummis is fighting to keep as a strategic reserve, which he supports, adding that a reserve could want Bitcoin DeFi that Cardano provides.
He prefers a DID-based self-sovereign identity with anonymous credentials over the current system where the NSA and FBI collect everything through Google, Microsoft, and Facebook, since your cell phone is a tracking device.
He has talked with Brian Johnson about token ideas and would gladly work with him, being one of the few doing serious longevity research alongside crypto rather than dabbling.
The paper wallet is scanned by webcam or phone and decrypted with a PGP key or password, and he wants three-factor authentication adding hardware like a YubiKey plus a pin and biometric for tap-to-pay.
Cardano is still in Africa, having learned a lot in Ethiopia and produced Hyperledger Indy before pivoting to RealFi in Kenya, which has deployed 5 million dollars for real-world-asset microfinance settling on Cardano rails into Lace.
Ethiopia's promise evaporated as the Nobel-winning prime minister faced TPLF and Tigray genocide allegations, so Cardano moved to the private sector where fast-moving consumer goods and microfinance are Africa's killer apps, spreading to Nigeria and Ghana.
Wrapping Bitcoin and ADA with Midnight at launch gives privacy, and pitches a crypto trinity of Cardano's private smart contracts and identity plus Bitcoin's durability as an unbeatable, fully decentralized multi-chain stack for government procurement.
HD wallets need elliptic-curve not PGP derivation, but PGP is used because hardware like the YubiKey already stores PGP keys, recommending a flow of an IronKey backup plus a YubiKey login with a pin and biometric.
The hardware keys are a reusable pattern whose next generation will add post-quantum algorithms so wallet backups cannot be broken by quantum computers, giving end-to-end security.
The Midnight airdrop is close, and reports the Quantum Hosy ranch workshop was a success discussing hypervoxel AI civilizations, with Trim writing it up by February 15 before a possible three-month innovation sprint and partner-chain decision after Midnight.
He does not know enough about the cognitive-theoretic model of the universe from the 200-IQ man, noting panpsychism is creeping back into discourse.
On whether Plutus was always Turing complete, explains the original intent was a Plutus DSL and a minimally expressive settlement layer with Marlowe and a Turing-complete side chain bootstrapped from Ouroboros BFT.
Bringing in programming-language theorists showed Cardano could be maximally programmable at the base ledger, so IO financed two teams: extended UTXO led by Manuel Chakravarty and Phil Wadler, and Grigore Rosu's K-framework with Bruno's chimeric ledgers.
The K-framework used semantic-space compilation to auto-translate arbitrary languages like Python and Rust, but they could never get YUL to work at scale, spending 19 million dollars over three to four years.
The effort produced the KEVM formal verification of Ethereum semantics that Ethereum now uses without crediting Cardano, and the extended UTXO side won with Plutus, Plinth, and Aiken, interoperable via Bitcoin DeFi and BitVMX RISC-V.
A real-USD deal with David Schwartz and Brad Garlinghouse of Ripple is possible but paused until March after their NYDFS work, and that Genius Yield's Lars attended the Quantum Hosy summit.
Collaboration with Dominic Williams and ICP is possible since ICP was unjustly excluded from Wyoming and could join litigation, praising its scientists.
He would like to open-source the PAC's best practices so other states and municipalities like British Columbia can create open procurement processes.
Mathematics is both invented and discovered, and recounts convincing Lex Fridman to interview Swen Vincke, calling Baldur's Gate 3 the greatest CRPG of all time.
Praises Stephen Wolfram as a true original genius and master of multiple domains underappreciated by an academia that punishes outside-the-box thinkers, like Claude Shannon.
Quantum computing is not a scam any more than fusion, praising Xanadu and Google's Willow, noting error correction and near-absolute-zero operation are the hardest problems, which is why he favors room-temperature optical quantum computing about 10 to 20 years out.
On the Washington plane crash, says as a Blackhawk owner he knows Army Blackhawk pilots are the best and the airframe is so durable it survived the collision largely intact, crediting Sikorsky.
Finds it puzzling the helicopter flew at 400 feet instead of 200 despite the MH-60's collision detection, questions the air traffic control and night-vision-goggle use, and expects a slow two-to-three-year interagency FAA and Army investigation.
Rejects the claim it was a DEI-unqualified female pilot, citing his friend who flew Blackhawks with the 160th Nightstalkers, and says aviation accidents aggregate many factors like shift-change handoffs and equipment failure.
The DC air traffic controllers handle the most complex airspace and are not incompetent, suspecting a shift-change miscommunication with an Army training mission simulating a VIP extraction, or an altitude equipment failure.
Raises a cyberattack possibility since an F-35 fell in Alaska around the same time, noting hacking altitude settings or the remotely controllable systems DARPA tested on a UH-60 could cause it, which is why an objective investigation matters.
Snowden does not deserve a pardon because he stole over a million classified documents, released only some, and fled to become a Russian citizen swearing allegiance to Putin, making him a spy who traded intel for protection.
Contrasts Snowden with Mandela and MLK who took the consequences, and with Ross Ulbricht whose double life sentence for a website was wrong, and says whistleblowers are demonized first and venerated later, which is why Midnight was built.
He is fascinated by biocomputing firm Cortical Labs whose racks of lab-grown neurons play Pong, and plans to grow some at his Gillette lab to teach a game and become a Quantum Hosy character.
Says RFK will absolutely litigate Big Pharma, mentions living with long COVID, and jokes he can confirm he is not meeting with Kamala Harris.
On Reagan Airport staffing and Trump's layoffs, insists on a bipartisan neutral investigation, calling the media fundamentally dishonest for branding everything Trump and Elon do as Hitler while excusing identical gestures from others.
Argues the media's campaign makes Trump invulnerable to legitimate criticism, that AI-augmented community notes are 90 percent of the way to nuance, and that the co-opted media needs to be replaced.
Tariffs as a tool against asymmetrical trade using a US-versus-India steel-mill example, where a government either tariffs subsidized foreign goods or makes domestic industry cheaper, requiring nations to define strategic industries.
Reciprocal tariffs should balance one-sided arrangements, and cites Biden excluding Tesla from the EV push over politics despite its 75 percent market share as proof that subsidies pick winners while tariffs treat an industry apolitically.
He is not a fascist and neither is the Trump administration, which runs government like Trump Incorporated negotiating KPIs, citing 1.1 trillion in week-one investment from Saudi Arabia and the Stargate project with OpenAI and Larry Ellison.
Agencies with only 6 percent of staff showing up unauditable need a rough hand to cut and restart, and having met Ivanka, Jared Kushner, and Don Jr, who flew on his Blackhawk, he sees no intent to build a dictatorship.
Points to US taxpayer money paying both sides via the Iron Dome and rockets laundered through Iran and Turkey, and Afghanistan handed back to the Taliban with China owning Bagram, asking who is held accountable.
Argues it was the Biden DOJ that prosecuted a former president on 34 felonies for a porn-star payment misdemeanor with no victim, and pursued classified documents though every president keeps clearance and Mar-a-Lago was a SCIF.
Had the other side won there would be no free speech and Elon Musk's empire would be investigated, calling them honest authoritarians, while Trump breaks the wheel to reset before 2028.
He endorsed RFK before he went independent and calls the Biden replacement a coup, with a cabal threatening the 25th amendment to install Kamala Harris whom nobody voted for.
The left lost not to racism but because Americans dislike lawfare, the lack of rule of law, the Afghanistan loss, and proxy wars killing 1.4 million, and wanted a president who holds press conferences, unlike a Biden whose dementia was hidden.
Cites Hunter Biden's blanket pardon and Nancy Pelosi's insider trading as no-one-is-above-the-law hypocrisy, and Zuckerberg telling Rogan the Biden administration pressured him to censor true content.
Explains tariffing Canada as leverage for a better trade deal and getting the Panama Canal back from China, likening Trump's big stick to Teddy Roosevelt, and says he sees no dictatorship intent.
He lost Ethereum and built IO and Cardano, lost the Wyoming stablecoin and started a PAC, and that the left should persuade rather than weaponize government, citing gay marriage winning through persuasion, not shame mobs.
Warns that weaponizing government and deplatforming creates an equal and opposite reaction, and laments a madness where everyone is called Hitler and even football is political, longing to just talk to a stranger at a bar.
Cites a McKinsey finding that over 70 percent of Fortune 500 workers hide their beliefs from coworkers, comparing it to the KGB and Stasi, and recalls COVID lab-leak censorship despite the intelligence community's likely knowledge.
Argues the CIA knew the lab leak via signals surveillance of facility workers' messages, that the money trail leads to the NIH, explaining Fauci's pardon, and that something killing a million Americans deserves an adult conversation.
He has no issue with adult trans people he has hired, but opposes putting a 10-year-old on puberty blockers or surgery, especially California barring schools from telling parents, since children cannot consent.
Explains body dysmorphia, whether gender dysphoria or anorexia, as a painful gap between perception and biology with high suicide rates that is hard to treat, and says the science has been politicized with suppressed studies.
Lifelong hormones a body was not designed for raise mortality like HRT and bodybuilding steroids, so such interventions should be a family, child, and physician conversation as with cancer palliative care or back surgery, not a federal mandate.
Children are malleable and change, noting a 10-year-old who identifies as trans may not at 18 and George Washington was an arrogant teen rebel before becoming the leader who refused a crown, so identity should not be locked in.
He loves and works with consenting trans adults with empathy, but society has a duty to protect children with an incredibly high evidence bar before irreversible interventions, and to get the government out of the family's decision.
Gives advice on love: see the best in everyone, quoting Lincoln that disliking a man means not knowing him well enough, and finding something to compliment even in rivals like calling Vitalik a genius with integrity.
You can acknowledge an adversary's humanity like Peyton Manning and Tom Brady, and grudgingly admires the embrace-and-extinguish cleverness of installing people to build the Wyoming stablecoin to fail, denying the state a viable Circle competitor.
Recommends loving-kindness compassion meditation as practiced by monks like Matthieu Ricard, and jokes about owning 50 to 70 Ford and Chevy trucks for his contracting company though he is a Chevy man.
Says superintelligence from Stargate will transform cancer treatment and all research, with AGI close via o3, Llama 4, and cheap Chinese models in a ladder phenomenon, and describes IO's AI working group running a big-and-little strategy.
Confirms Nami and Lace mobile apps are in the works, and says Midnight integration with Polkadot's JAM has a path given the shared Substrate infrastructure.
He wants to do something substantive in Mongolia, floating a Wyoming-Mongolia gold-backed stablecoin partnership since he knows the gold people there.
Reaching Alpha Centauri may be possible in 50 to 100 years via Yuri Milner's light sails traveling at 20 percent the speed of light, and coyly declines to confirm what his cement division builds for deep underground military bases.
Recounts his dark-room retreat inspired by Aaron Rodgers, where after peaceful early hours a sleep-paralysis demon sat on his chest and the haunted cave grew worse until he snuck out a satellite phone and had his security detail extract him.
He took it too lightly and will do a dark-room retreat properly with preparation, planning to build one on his ranch as an underground domed great hall for group retreats with accessibility engineers and deep-isolation vaults.
Project Mobius, with about 50 resumes in, will be a beta test for Quantum Hosy.
Says it would not surprise him if Joe Lubin is pulling an emperor-of-Japan strategy over Ethereum with Vitalik, calling Lubin a skillful operator, and jokes he would rather compliment Gary Gensler than kiss JJ.
The crypto space keeps grudges and does not leave its own behind, citing Ross Ulbricht freed after 11 years, and vows to push the president for pardons for Roger Ver and CZ, who deserve them.
He has messaged Ross Ulbricht's mom, that Ross's priority is recovery after 11 years in max security, and has earned the right to name his price in crypto whenever he is ready, like Sam Altman after the OpenAI ouster.
Sanctions forcing MBOs to ban Iranian users is why there should be multiple members-based organizations in a multipolar world, all feeding a non-discriminatory on-chain government with no citizenship requirement.
Calls Caitlin Long a good friend and the stalling of Custodia Bank's application a travesty and a legacy of Operation Chokepoint, which the left claims never happened despite the documents.
Warms to an Age of Empires-style Hydra RTS on Cardano and reminisces about Troika's Arcanum and New World Computing's Heroes of Might and Magic, sharing a life dream to remake Might and Magic 6 and 7.
Goes into degen mode with his Lace wallet, ADA at 81 cents, browsing JPEG Store to buy a Hosky Cash Grab NFT for Trim and a TapTools Tappy, again wanting YubiKey tap integration from Brandon.
Buys tokens live across StheSwap and MinSwap, picking up TRTL turtle, Hosky, and Strike, joking about becoming a bag holder while showing real-time settlement.
Calls the live decentralized buying the magic of what they built, and previews microfinance loans coming to Lace like the old days, a growing DApp store, and a Nintendo emulator in Lace for Hosk Brew IP as NFT cartridges going multi-chain.