Ricardo J. Mendez

then the US can resume releasing frontier closed source models. if China goes closed source, the US can distill, destroying their own rents. the equilibrium is - very active anti-distillation recourse - less frequent frontier training runs - both countries go closed source with reduce rent ex

quote: aggressive intervention into the viability of (Chinese) OS seems highly likely. I’m not sure what else Dean’s critics think the stable equilibrium here is - if anything, based on what we know, his prediction of well-calibrated FUD seems outright optimistic. (a) the administration has a tende

RT @shakoistsLog: chinese open source models are becoming the gold standard for security. no one solved for the equilibrium. relatedly, t…

We cant never take China out of the global supplychain, now even more so in mid to high end supply (energy too). If the actual market equilibrium is never China vs. US winner-take-all but a global level coopetition. So relative-value trade on how quickly that valuation spread converges is the highes

Modern society only existed for couple hundred years. For thousands of years royalty men have 1st,2nd and 3rd tier wife then concubine then next level merchant and ministers have their 1st to 3rd tier women. Economic inequality with no mobility from poverty aka caste system is the equilibrium

"Nor have we been able to find much evidence of the poverty traps which microfinance would solve. … the idea that if you give people a substantial enough amount of money, they will be able to start building up toward a higher equilibrium on their own. We just have not found it." https://x.com/captgo

Ethereum’s credible neutrality gives it a unique opportunity to become the root for the global economy. Else it’ll be a web of chains each w/ their own security zone and brittle links between. The Ethereum equilibrium is better for the world but not inevitable. Let’s get it.

Holding fees burn $CC while contracts remain active. App rewards and validator emissions mint new $CC based on real usage. The balance is Canton's burn-mint equilibrium: As activity grows, burn increases and supply stabilizes around demand. ↓ @CantonFdn breaks it down.

RT @breakoutprop: Steal @tradermayne's exact fib settings: 0 and 1 = your high and low 0.5 = equilibrium The OTE: 0.62, 0.705, 0.79 Save…

Sub-transaction privacy, CIP governance, fair launch, burn-mint equilibrium, and atomic settlement. Each design choice serves a core function within Canton's architecture. That is what makes institutional activity onchain possible.