I think the most interesting thing about making AI to serve human interests is that ultimately the system of AI (foundation model + infrastructure + energy) should resemble a human system.
Zero real rate of return. If bonds have a negative real rate of return and stocks have a RISK-ADJUSTED negative real rate of return, then gold or more generally commodities are a better option.
BTC Ledger =/= BTC consensus. If the protocol can be made pure proof of stake while maintaining the same availability and security guarantees this is no longer an issue. However, this is against the best interest of miners.
In many of these discussions why do we always refer to government as an abstract "they", why is it never "we or us". I think we've lost a connection between services provided by government for the public good and the means to pay-in for those services. Historically you paid taxes in real value (grains or gold) in exchange for protection, enforcement of property rights, and public goods. We do the same today, but the current state of income taxation seems wildly disconnected from value provided by government. Personal opinion is that LVT, VAT, excise taxes, and taxation in equity is a better way to link equitable distribution of real value to benefits.
We could easily solve this BTC problem by hard forking to a pure proof of stake consensus protocol for BTC. Same security and decentralization guarantees. No environmental harm, and far more scalable so you can actually buy coffee with it. Ofc that's against the best interests of miners and BTC core devs.
Fork BTC to Pure Proof of Stake consensus. Balances mapped 1:1. No Environmental problems, no scalability problems, no latency problems. It's not a question of if this fork happens, but when.
One wonders if it is some fundamental assumption that limits further understanding of the Universe. Is it our intuitive relationship with numbers, time, and physical space that is limiting? We all grow up with societally imposed relationships between numbers, time, and physical space, but are these learned or do they actually reflect objective reality. The frameworks derived from these fundamental assumptions are excellent for making predictions and are testable within those frameworks.
Have you considered the possibility of a crash up in asset prices (currency devaluation, negative interest rates). Cash wouldn't be so good in that scenario. I feel similarly about current market valuations and mostly hold cash-equivalents, however I've also bought a significant amount of otm call leaps on agriculture/metals funds to hedge a crash up scenario.
TIPs adjusted by cpi determined by gov. Better off holding real assets. For retail, a large mortgage is a fantastic bet on inflation. For the more risk-loving, long gamma on any vehicles tracking real assets has really good risk/reward in a high inflation market.