unmanned

Lifetime wealth trajectories of five groups of people
Physical labor: trade time for income
Intellect: advance through workplace skills
Capital: grow through compounding, make time your friend
Resources: through allocation and control
Family & networks: through nurturing and intergenerational inheritance
Different starting points, different curves, different logic
In reality, many people have overlapping trajectories running in parallel, or switch trajectories at different stages of life

At a discussion at Columbia Business School on October 5, Li Lu not only shared his views on investing and the AI industry, but also offered a profound summary of China's economic development model over the past several decades.
I have distilled his sharing below and recommend reading it:
Looking back at the past 50 years, China has set a new set of national goals roughly every 10 years, concentrating resources to achieve them while having certain industries and groups bear heavy costs.
The goal of the previous decade becomes the cost of the next decade.
1/ The industrialization era: at the co

Interview with Jin Mingdui: Brother Sun’s latest Top 5 holdings revealed:
◦ BTC: Although he is very concerned about the impact of quantum computing on BTC and pessimistic about the BTC community’s response, he has not reduced his BTC holdings. It is held as a core position.
◦ ETH: He sold most of his ETH (80–90%) in the $3,600–4,000 range last year, retaining a portion as a core holding. He has not yet bought back the portion he sold.
◦ Most of the funds from reducing his ETH position went into the U.S. stock market, which he believes funds are flocking into. His main U.S. stock position is N

Just curious, are people still farming airdrops in crypto, and which projects are worth farming
There used to be a group of professional airdrop-farming bloggers a couple of years ago, where have they gone

Grok Bot is becoming increasingly easy to use, and 𝕏 Premium+ continues to offer better value for money
◦ Directly integrated with 𝕏, with no additional API required; it can search and retrieve large amounts of information from 𝕏 posts seamlessly
◦ Compared with OpenClaw / Hermes and the like, it works out of the box, with no need to manually configure or tinker with a computer, no need to worry about an unstable architecture, and no need to set up a Mac Mini—it can also be used on a phone
◦ You can customize n bots to do different things. This is a major boon for people who need to gather

Another year, another #Token2049 conference. This reminds me of a dark joke:
After FTX collapsed, following more than a year of investigation, evidence gathering, and trial, frizzy-haired SBF was sentenced to 25 years in prison in 2024.
Unless something unexpected happens, he will be 57 when he gets out in 2049.
He can go attend Token2049 🤦.

You believe an asset’s current price is below its intrinsic value, so you buy it—that is investing
You believe that if you buy an asset now, someone will later buy it from you at a higher price—that is speculation

Today’s AI short-drama market is increasingly resembling the altcoin market.
Production costs and distribution barriers are getting lower and lower, while the number of shows is exploding. Aside from a few widely acclaimed hits, most go completely unnoticed.
Time travel, game systems, comebacks, cute kids... Whenever a theme takes off, countless reskinned versions quickly appear. It’s not that the market lacks good content, but finding quality shows suited to your tastes among the massive volume is difficult, relying mainly on word-of-mouth from friends and social media.
When people first watc

Solv’s response this afternoon was just a bunch of high-sounding platitudes—in short, they simply don’t want to return the coins.
It’s pretty clear now: since those 50 BTC have gone into Solv’s pocket, they probably aren’t coming back.
All I can say is, you have to pay for your own judgment.

Vitalik has written a full-length science fiction novel, “Snowmoon / Snow Moon”
This is not a book about Ethereum, but Vitalik’s thought experiment about future society: If mechanisms such as ZK, cryptography, quadratic voting, and public goods funding truly became a country’s infrastructure, what would human society become?
Vitalik has embedded his thoughts over the past decade and more on the following questions into a future world, 📖 Chinese EPUB download:

He asked me, “Can you make BTC drop to $60k?”
I said nothing
He thought it was because I didn’t want to