71 karma · joined February 13, 2026
This is also true for how HFT guys make money. It's not that they are very good in investments. The Fed injects money constantly from the top which gets distributed or trickle down to such firms. Because in a tight economy which is not akin to gambling, it should be near to impossible to make money so easily.
Why would anyone use bitcoin if the world's factory ie China wants gold as payments?
Even pro Bitcoin people like Balaji and Lyn Alden haven't answered this structural question. There exists market for what counts as money. If that market (led by China) says we don't accept Bitcoin, then these are just some random numbers.
https://youtu.be/OOW-oSruO80?t=4072
Luke's key point lands at about 1:08:27–1:08:33, where he says that instead of selling treasuries outright (which would draw attention from the American embassy), China can use them as collateral — and the American banks are happy to take it. He then lists what China gets in return: "I'll take Pereus. I'll take that oil field. I'll take that copper mine. I'll take all that gold." He then adds that this works because the incentives align on both sides — the Chinese want to understate their strength, the Americans want to overstate theirs, and the American banks are happy to accept dollar collateral without asking too many questions.
This could be useful.
https://huggingface.co/docs/smolagents/en/examples/rag
Agentic RAG: A More Powerful Approach We can overcome these limitations by implementing an Agentic RAG system - essentially an agent equipped with retrieval capabilities. This approach transforms RAG from a rigid pipeline into an interactive, reasoning-driven process.
The innovation of the blogpost is in the retrieval step.
Paul Dirac (1902–1984) was a British theoretical physicist and mathematician whose work on the Dirac equation (1928), which merged quantum mechanics with special relativity, predicted the existence of antimatter, specifically the positron. His approach to this discovery was deeply rooted in a mathematical philosophy that valued elegance, consistency, and a belief that nature is fundamentally mathematical, often placing him ahead of experimental validation.
Radical conservatism in physics, often associated with John Archibald Wheeler, is a philosophical approach that adheres strictly to established, successful principles—like quantum mechanics or general relativity—while pushing them to extreme, unexpected logical conclusions. It involves modifying as few laws as possible (conservative) while daringly following the math to radical insights.
https://www.youtube.com/watch?v=PpSxqde0af4
This is another good exposition.
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I have no idea how to decipher this obfuscation.