Ideas

“…In his latest presentation at BTC Prague, Michael Saylor presented “his bitcoin prophecy”, predicting that bitcoin will reach a price of USD 21 million per coin by 2046 (21 years from now). While USD 21 million sounds crazy right now, it is important to put this into perspective. This price would imply an annual return of 28.5% over the next 21 years. If we consider that over the last 21 years, Apple’s stock has returned...

Why a vector Database is a must?A vector search engine is a type of search engine that uses vector representations, also knownas embeddings, to search for relevant information. Unlike traditional keyword-based search engines, vector search engines use mathematical techniques to represent and process the meaning of words, phrases, sentences, or documents in a high-dimensional vector space. The key idea is that semantically similar items have similar vector representations. Vector search engines are particularly useful for...

Some take aways from Nassim Taleb "Statistical Consequences of fat tails" book. A must read for a next generation thinker.

You are offered a choice between two envelopes E1 and E2. All that you know about them is that one contains twice as much money as the other. After you have chosen one of the envelopes, you are offered the opportunity to switch the envelope that you have chosen for the other envelope. Should you keep the first Envelope or change? Here is a tempting line of reasoning that suggests that you should make this...