·Niko Laamanen · blog · 2 min read
Response to revolutionary publishers
My response to ‘revolutionary publishers’ shilling AI
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·Niko Laamanen · blog · 2 min read
My response to ‘revolutionary publishers’ shilling AI
Roughly eighty years ago, physicist Enrico Fermi and his colleagues pondered the existence of intelligent life beyond ourselves.
As soon as the spot Bitcoin ETF was approved by the SEC in January this year, I wrote here about this important step for the institutional adoption of Bitcoin in the United States, also addressing the short- and long-term risks involved with this type of financial product. Now that, unexpectedly and through political pressure, the SEC has also approved the spot Ethereum (ETH) ETF, I will go into detail about how I believe the competition between these different ETFs will play out in the market.
Absent government coercive controls, people and markets in general will always prefer to use hard rather than soft money. In situations of freedom, the strong money 'drives out' the soft money.
William Harvey demonstrated the mechanism of blood circulation in the 1620s, demolishing ancient and medieval knowledge about the body’s humors.