2023-04-11

🤖 Bots and Twins 👯

Howdy folks,Well, slap my butt and call me Susan; Bitcoin just broke $30k.

I’m not going to tempt fate and say something that includes the words “bear,” “market,” and “over.” Let’s dive into the stories of today:

  • 🇨🇳 Is China’s Stance on Crypto Softening…Again?

  • ♊ The Winklevi Have to Dig Deep

  • 🤖 This Is Where the AI Bot Takeover Starts…I’m Calling It! 

Chinese Tiktok Douyin Now Displays Bitcoin

Despite the outright ban on crypto by the Chinese government, Douyin now allows users to see real-time prices of BTC against the Chinese Yuan.Yes, this is just a social media platform adding a price feed, nothing major, right?Maybe, maybe not. Zoom out, dude!

Remember, in 2021, China banned all bitcoin mining in the country along with all other crypto-related activities being banned by the People’s Bank of China (PBOC).That’s why this could be very interesting…along with the app having over 400 million users.With Chinese regions like Hong Kong turning crypto-friendly lately, is China beginning to soften its stance on crypto? It’s not like they’ve changed their minds a few times before…no, wait…yes, they have!

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The Winklevi Are Having to Dig Deep

Giant bookends Tyler and Cameron Winklevoss have reportedly had to cough up $100 million to bail out their own aptly named exchange, Gemini.

The Winklevi (plural of Winklevoss…surely?) brothers established Gemini in 2015.Tyler continues to serve as Gemini’s CEO, while Cameron is the company’s president.

Reports of the $100 million loan, despite not being confirmed by either twin, are based on statements from multiple anonymous individuals:

  • Two people mentioned the loan took place. 

  • Three other people said that Gemini had failed to secure funding from outside investors.

Hmmm…who do we know that likes messing with the brothers' glum…?

…yep, that pesky Zuckerborg. Maybe he’s just making stuff up for fun!

Give Them Their Own Town, and They Party!

In a movie, this would be where the robot takeover started.

Researchers from Google and Stanford University wrote a paper titled “Generative Agents: Interactive Simulacra of Human Behavior,” in which they described a virtual town they created and populated with ChatGPT-trained “generative agents.”

The purpose of the study was to create a small, interactive society of AI bots.

I don’t know if I’m excited or petrified about this. I think we’ll be ok. When “agents” were deciding where to have lunch, many initially chose the town cafe; however, according to the researchers:

"As some agents learned about a nearby bar, they opted to go there instead for lunch, even though the bar was intended to be a get-together location for later in the day unless the town had spontaneously developed an afternoon drinking habit."

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