False and that is not what it generally is. Some take it that far. But the general idea is not bad.

They are designed to be tracked in the first place - that is the fundamental security flaw. They are designed to be unlocked and started over the network. That is another fundamental flaw.

But they do require merchants that will accept them.

Are you out of your freaking mind? You gave your credit card to an AI company in chat?

Yeah. Well I knew Hal Finney and others that gave early information on all this and I didn't pay attention way back then when finding blocks was easy for mere mortals with reasonable computers. Dumb.

I very much doubt that the official story is what happened.

A tiny amount of it is enough to take edge off more than spoonfuls of sugar.

Until they didn't. As software architect and developer for 35 years I could get a new job any time I wanted. It broke.

It is basically about observability.

It is another example of gross human stupidity. I wonder if real AGI will be less stupid and perhaps even more ethical?

I have hope there will be more and deeper discussion here than on any platform with limited message length and no ability to post articles without paying through the nose.