I don't think RMB is freely convertible to hard currency without Chinese permission. Bitcoin largely is.

The record for lightning is $1m recently https://www.tradingview.com/news/financemagnates:db022676a09...

I imagine the seconds to pay won't be true - if they are exchanging emails and inspecting boats it's going to be an hours to days long process.

No way they're boarding boats. They can get an accurate enough cargo weight within seconds visually (maybe minutes, depending on how computerized it is)

Comparing AI to steel production in the Great Leap Forward seems unfair. It's not some communist plan - it's a capitalist free for all similar to the industrial revolutions in the UK/US. It won't lead to a famine, it'll lead to the chaotic creative destruction capitalism usually produces.

You're mistaking communism/capitalism as economic systems for communism/capitalism as organizational structures. The latter is what the argument centers around.

It's been argued frequently that families and tech companies are structured like socialist states. Central planning, flatter structures, division of labor...I'm not starting down that thread or opening up that debate.

This only is not a capitalist structure but capitalism itself doesn't really offer any ideas about structure or governance beyond encouraging the free movement of capital.

He probably worked with Finney who helped out.

I think a lot of people in the know assume it's Szabo but are happy to let the waters be muddy to give some privacy.

Flagging Trump threads could also be people who don't like Trump.

There's always being naughty and downloading pirated ebooks.

I think the Chinese interests is a coincidence. Trump behaves very much like Putin has something on him and Orban is Putin's main asset in the EU.

That said the general chaos of Russia vs the west and US against Iran makes China relatively stronger as it sits things out and watches.

They were both pretty smart in certain ways. Altman's very good at being manipulative and raising money though seems so so on the tech. Bankman Fried was smart at crypto and the like but ethically challenged on the don't steal your customer's money part.