Is October going to be the spooky month where AI hacks an exchange? 👻💀🎃
Feels like we’re due for another exchange wipeout. Too much fiatcorn. CC+Liquid+An Exchange is probably enough to start a global debt spiral on debt backed corn, which would cascade into trad if we can start hitting the treasury company margin calls.
Wiping out the treasury companies would be good for Bitcoin long term. A proof of work system backed by proof of debt is a double spend of logic. NGD then NGU feels necessary to me.
How else will Bitcoin adjudicate workless claims upon a mathematical substrate of conserved work?
I’m happy to be wrong here.
Jackk / Jack K
npub183…faslh
2026-09-07 19:21:43 UTC
Author Public Key
npub18384z4sjgdfy7vr76thzwtru7jncysz0hcapwesxqsak44p8aemsyfaslhSeen on
wss://nos.lolPublished at
2026-09-07 19:21:43 UTCEvent JSON
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"content": "Is October going to be the spooky month where AI hacks an exchange? 👻💀🎃\n\nFeels like we’re due for another exchange wipeout. Too much fiatcorn. CC+Liquid+An Exchange is probably enough to start a global debt spiral on debt backed corn, which would cascade into trad if we can start hitting the treasury company margin calls.\n\nWiping out the treasury companies would be good for Bitcoin long term. A proof of work system backed by proof of debt is a double spend of logic. NGD then NGU feels necessary to me.\n\nHow else will Bitcoin adjudicate workless claims upon a mathematical substrate of conserved work?\n\nI’m happy to be wrong here.",
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