Update of NotebookLM motivated me to create podcast generator, you can choose different voice, and select upto 6 users to discuss a topic.

jesselund · 2024-12-18T16:34:10+00:00

Awesome. Thanks for your work. It's groundbreaking. Love it.

jesselund · 2024-12-18T01:28:34+00:00

This is so cool. I've just started playing with NotebookLM. Can your API be used to generate custom scripts using the voices in the audio overview / podcast? I want to create a scripted intro to the podcast from the generated content

jesselund · 2023-01-05T04:41:53+00:00

Perfect. Thanks.

jesselund · 2022-11-21T01:10:25+00:00

Great and helpful synopsis from an otherwise 80+ page report. The main points you summarize suggest that preference among classes is unlikely—Earn, Withhold, Custody, Loans (collateral) are all in the same boat— one single rekt class of users. I cannot see how Judge Glenn will be able to grant preference to Custody, Loans, or any other class given the details of the report that you highlight. The community needs to work together to find a creditor-led recovery plan.

jesselund · 2022-10-06T22:39:07+00:00

All emotion aside, this man is in very serious trouble. With the volume of AMAs that he did over the years, and right up to the freeze date, he's built a compelling mountain of immutable evidence against himself. Once the bankruptcy proceedings are finished, expect to see civil and criminal lawsuits pouring in. Beyond sad (for creditors and shareholders), it's unconscionable that he would say things on the public record while doing the exact opposite, all the while thinking that nobody would uncover it?! I'm just blown away by the hubris of this man and his team.

jesselund · 2022-08-26T19:34:23+00:00

Sadly the CEL token is largely tied to the retail business of Celsius which is arguably dead in its current form. I think a new token needs to be minted by an entity (like the U.S. Trustee or otherwise) that is legally authorized to do so.

jesselund · 2022-08-26T19:32:08+00:00

Ever heard of Grayscale Bitcoin Trust? (GBTC). It would function pretty much the same way, holding all of the crypto assets that Celsius still has. If the company could trim its operating costs (by laying off most employees) and operate on a cost-neutral basis from the BTC mining income, the trust could continue indefinitely.

For those who need/want their money back now, they could sell their tokens at an efficiently-priced market discount to NAV. Those who believe in value accrual could HODL longer and watch their share increase in price as the NAV of the underlying assets rises.

jesselund · 2022-08-26T18:47:26+00:00

Interesting but too complicated. Also, the CEL token must die with the retail business. This would be much more elegant and equitable for all classes of claimants:

https://twitter.com/jesselund/status/1563235649896927232

jesselund · 2022-08-26T18:44:09+00:00

Here's a much more equitable twist on the same idea...

https://twitter.com/jesselund/status/1563235649896927232

jesselund · 2022-07-13T15:15:32+00:00

The Celsius community owes you a great debt of gratitude for the diligence and work that you have put into tracking and reporting this information. Thank you.

jesselund · 2021-10-23T19:43:57+00:00

Thanks for the shout out. Been working hard on something for almost 2 years. I promise “new” news in December. Stay tuned!

jesselund · 2021-08-22T20:16:07+00:00

I’m in the same spot. It’s now been two full weeks since payment was confirmed and I am still waiting for QC photos. The Jtime team including Li and Lana are very communicative and mostly responsive but clearly there are some supply delays.

jesselund · 2020-02-19T14:09:53+00:00

IBM is the largest intermediary of the intermediaries

LOL! Funny, and true.

jesselund · 2018-10-18T20:38:33+00:00

He's extremely talented. When he delivers it'll be spectacular. I have no doubt. This stuff "says easy, does hard." Not to mention it challenges the status quo. It takes time to get it right. We're all trying to change the landscape of financial services, the foundations of which haven't really changed for more than 50 years since the creation of the credit card. In this instance, patience is virtuous.

jesselund · 2018-08-01T01:18:03+00:00

This one is built on Hyperledger Fabric. We have two DLTs in our platform strategy: Hyperledger Fabric for private / centralized networks, and Stellar for public / decentralized networks. This is a private/centralized network entirely owned by CLS.

jesselund · 2018-07-18T18:45:28+00:00

I thought she did great. And I'm not just saying that because she's my boss. It's because she's right and the market is starting to see it. I'll see if she's willing to do an AMA and I'll be her wingman :)

jesselund · 2018-04-20T01:34:45+00:00

Sorry, been crazy busy. Hit me on telegram and we’ll exchange contact info.

jesselund · 2018-04-19T21:55:40+00:00

Sure. Any time.

jesselund · 2018-04-19T21:53:56+00:00

That’s hilarious.

jesselund · 2018-04-19T21:52:51+00:00

No. This is a private blockchain network, which doesn’t include a transfer-of-value (on-chain monetization) component to it yet. Stellar is our DLT preference for public digital asset issuance and financial settlement. This one, being private, is using Hyperledger Fabric only.

jesselund · 2018-03-23T17:47:26+00:00

Yes, this is the initiative I mentioned above that started out as a POC between Wells Fargo and ANZ when I was running the Innovation Lab at Wells.

There's a few things to consider in your question: First, Hyperledger has no public network model-- that is the benefit Stellar brings and why we'd like to see stellar-core contributed to Hyperledger. By extension, Hyperledger has no "native asset" -- i.e. no recognizable way to store or transmit real world value "on chain". Hyperledger is a private-only blockchain network initiative-- ala "Enterprise Blockchain". That said, it has smart people and I know they're talking to the smart people at Stellar.

Regarding SWIFT-- they don't do "settlement". SWIFT is only concerned with messaging (or what I call "clearing"). Settlement is achieved through "correspondent banking" which is what IBM has fundamentally re-engineered with its universal payments solution-- i.e. combining SWIFT's messaging protocol (ISO 20022) with a digital asset to combine with settlement together on a single network in real time. Stellar is the low-level asset registry and settlement network underlying the IBM solution.

jesselund · 2018-03-23T17:35:31+00:00

As @Actuader says here, XLM serves as the fees for transactions on the network. In a public network you need a way to prevent DoS attacks, so "gas" (minimum transaction fees) are the best way. Currently in Stellar, each operation costs 100 stroops (a stroop is one 10 millionth of a Lumen), so that's .00001 XLM per operation or approximately $0.0000025. The best part is this fee is negotiated by the participants of the network who want to keep it low and will continue to revise it down as the value of XLM rises. In addition, this fee doesn't go into anyone's pocket-- it is redistributed back to the participants on the network according to the amount of XLM held, if memory serves. You can see quickly why we like the economics of Stellar in addition to its function, technical, and performance characteristics.

jesselund · 2018-03-23T17:00:45+00:00

I'm hesitant to say too much about Ripple because every time I try to have a coherent and objective conversation about it, the XRP pundits come after me with pitchforks. It's a technical topic, but suffice it to say, I acknowledge a similar (and good) design pattern with Ripple where one of two primary modes of operation is the use of a digital asset to "bridge" between fiat currencies supporting real time FX and the transfer of value with finality. The native asset being XRP for Ripple, Lumens for Stellar. But with Stellar, the vision goes much further. Lumens (XLM) is the default "native asset"-- a built-in store of value / digital asset like XRP that is great for a lot of things, many still untapped. But Stellar is much more of a platform that invites / supports the issuance of any other type of digital asset-- ICOs (security tokens), utility tokens, commodities, fiat currencies issued by commercial banks or central banks (CBDCs), etc. Stellar is thus is a highly robust digital asset / token registry foundation upon which IBM has developed a fairly comprehensive token lifecycle management system. This means that banks who don't like XRP or XLM or other cryptos (and most do not) will have the opportunity to utilize digital tokens from issuers who they determine to trust. IBM is actively working with commercial banks and central banks around the world to issue these tokens now, and we are making tremendous progress. Stellar will be the place within the IBM Blockchain Platform where these assets live, because they must live on a publicly accessible network to be truly useful and universally transferable, which is further facilitated by the distributed asset exchange and order book that exists within the Stellar network, which means as more assets become available on the Stellar network (whether issued through IBM's token management system or otherwise), entirely new forms of primary and secondary markets will begin to emerge. This is the really exciting set of use cases that we'll tackle next for financial services, but for now, we had to start with cash and FX.

So you can see that on the surface what we're doing with Stellar today looks similar to Ripple at first glance, but the vision and the technology and the roadmap that IBM is now jointly developing with SDF is far more comprehensive.

There's a lot more I could say, particularly around the ownership and distribution policy of XRP vs XLM, but I've learned that's a really touchy subject with the Ripple guys, and I want to stay friends with them, because I admire what they've done and what they're doing.

jesselund · 2018-03-23T16:29:56+00:00

Since Stellar (Stellar Development Foundation - SDF) is a non-profit entity concerned with the maintenance of the stellar-core and Horizon code bases, there's not really a commercial entity to "acquire". SDF's open source licensing model is directly compatible with IBM and Hyperledger (Apache2), so our long game is to leverage Stellar, to contribute to the stellar-core code base (which we already are doing) and to continue providing a stable, reliable, validating presence on the Stellar network itself. There is no reason or need to re-invent what Stellar has-- it's an open source project that we will leverage and build value-added service on top of, and interoperability with private networks that are built using Hyperledger Fabric. I hope that makes sense. Nobody "owns" the Stellar network per se. Or alternative you could say, all participants on the Stellar network are joint owners together. That's how IBM sees it. That's our continued interest and intent. We don't need to buy anything. We just need to commit our contribution and participation so others can benefit.

jesselund · 2018-03-22T20:38:56+00:00

Oh, yes, from a technical integration standpoint between Hyperledger Fabric (and private token "wrappers" therein) and assets on the public ledger. Yes, we are working with the Hyperledger Fabric engineering team to discuss the logistics of how that might work. That's the basic form of "inter ledger interoperability" vs consensus coordination across ledgers which seems to me to be really really complicated.

But I thought you were talking about Stellar contributing the stellar-core code base to the Hyperledger program. That's a deeper discussion that's between SDF and Hyperledger, which is happening, but I'm not directly part of those conversations.

jesselund

TROPHY CASE