One of @GeorgeGammon ‘s best quotes:
“No matter where you look, it’s all just a financial engineering grift where the bag holder is either the retail investor or the taxpayer”
New Report On AI Bubble Reveals It's Worse Than You Think xitter.cf/i/broadcasts/1RKZzBdDV…
A system designed to replace all money can’t rely on everyone being highly technically literate and responsible for keeping up its network effects.
Replying to @_olocho @The_Airmass
Just use the actual bitcoin software, Bitcoin isn't going away just because irresponsible people don't secure it properly
github.com/bowlarbear/yeti-2…
This is actually one of the most frightening things to consider right now. Compromised servers, leaked documentation, weak government systems, generative deep fakes, and legal frameworks that aren’t designed to cope.
If we can’t prove things beyond reasonable doubt any more, the entire legal system breaks. This also affects the integrity of nation-states, assuming migration systems can’t keep up.
Eventually, systems should catch up, but that assumes we survive a long and chaotic interim. Should we anticipate a total freeze on travel and legal trials?
New: someone made a CashApp account in her name. She spent 3 nights in jail and now faces up to 6 years in prison
Amanda Smith was arrested because a scam led to a CashApp account in her name. But she says she didn't make it, and the data doesn't line up 404media.co/amanda-smith-ope…
Seldon had time to do some due diligence and it looks like the gold FUD is yet considerably worse than my initial reaction. I should study more but rather than spook the gold market, this absolutely should trigger the opposite: a crazy science experiment demonstrating how unviable lab-grown gold is. Was there some drive behind so many reposting the story?
I've looked at this again and it is a LOT worse than is being presented.
This is not the philosopher's stone, this is a Superfund site waiting to happen. What they are creating here is not economically recoverable gold but a flammable toxic sludge that *might* have a few grams of stable gold in it.
The proposal is quite simple, it's just using an ongoing D-T fusion reaction, which spits out most of its energy as fast neutrons, to breed gold (Au-197) from mercury-198. This is not the main objective, but a side reaction of a process designed to increase the production of tritium from lithium-6.
Neutrons produced by D-T have a high kinetic energy, which is bad for tritium breeding as these tend to pass right through. So the fast neutron hits an atom of Hg-198 instead, which dislodges two neutrons instead of one, i.e. it is a neutron multiplier. Because the mercury atom is heavy, the resulting neutrons are much slower, ("thermal") which greatly aids in their capture by Li-6.
Overall this process is designed to manufacture a lot more tritium, which is currently expensive and extremely scarce, being ~250x as valuable as gold. In theory, that's beneficial because it's used as a medical tracer, as a boosting gas in nuclear warheads, and would be essential to a power-generating fusion fuel cycle.
The problem is the mercury.
More specifically, the lithium amalgam created from it, but even unalloyed mercury is bad enough. Mercury is a poison for most structural alloys as it turns them brittle. Aluminum, copper, nickel, and zinc are particularly susceptible, as are any alloys of titanium or steel that incorporate these metals.
This is of concern because the mercury-lithium blanket being used is a molten metal, held under pressure at hundreds of degrees °C right next to a fusing plasma operating at millions of degrees. The ACTIVE NUCLEAR REACTION is belching out ungodly quantities of highly penetrating neutrons which cause another type of metal embrittlement which even affects the kinds of alloys immune to mercury contamination.
On top of that, it is mixed with lithium, which is itself highly corrosive and flammable. Aluminum amalgams formed by liquid metal embrittlement are basically thermite.
So when it ruptures and explodes, what you get is a RADIOACTIVE METAL FIRE spewing mercury vapor and other contaminants like fluoride, beryllium, and lead into the surrounding area, plus unknown isotopic byproducts of neutron capture which make it high-level nuclear waste.
Even under "safe" operation or safer operating configurations, the gold and other residuals that would get continuously filtered out of the Li-Hg blanket would have to be treated like nuclear waste before yielding anything of value. Because that's what it is. It's the precious metal equivalent of a shit sandwich.
If this ever rolls out, it's guaranteed to cause an major environmental disaster. The risk of mercury contamination is bad enough. Using industrial quantities of it together with all sorts of radioactive and toxic metals is like Minamata and Chernobyl combined. It would kill fusion power forever.
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Benjamin retweeted
France is a Thermonuclear Democracy with a permanent seat on the UN Security Council. As is the UK.
Think. Do the math.
The pathological weakness of France must always be very much our business.
I am sorry to say this. I wish it were otherwise.
Could it happen here? ‘France is a warning that our civilisation is not immortal.’ My column in this week’s @spectator spectator.com/article/france…
GOLD IS GOING TO ZERO!
It’s funny watching so many FUD posts about “lab-grown gold, believing we just invented alchemy. Some of these accounts have hundreds of thousands of followers but don’t do even the most basic research before they post.
Unlike lab diamonds which only rearrange existing carbon atoms, creating gold means producing a noble element via nuclear transmutation. This has been possible since 1941 with particle accelerators, but it costs over a quadrillion dollars per ounce because overcoming the strong nuclear force requires colossal energy far beyond chemical processes. Marathon Fusion’s claim still needs commercial fusion (not here yet), yields radioactive gold needing 15+ years to cool, and produces tiny amounts. If this ever scales, we could transmute almost any element into any other, so energy and materials abundance would make gold prices the last thing anyone cares about.
If anything, it ratifies how unviable lab-grown gold is as a threat to mined gold.
The internet has always been compromised, normally surreptitiously (esoteric exploits only known to privy groups like intel agencies). This week just unleashed a swathe of mega compromise.
What is ominous is that we don’t even know what was done yet before patches started getting deployed… especially with these eMudhra WebPKI certs
Replying to @maxinomics
The price of gold will be the last thing people are talking about if nuclear fusion at scale allowing mass production of any element becomes possible


















