There are about 2 to 5 steps, each with a due diligence procedure, in order to manipulate reality in any way with crypto, or even to transfer from a “niche” crypto it a more widely-used one such as ETH.
Nitpick: with Uniswap (or another DEX), you can convert your niche crypto to ETH without a due diligence/KYC check.
I find it somewhat implausible that you’ll turn a few hundred million dollars worth of crypto to compute without having a KYC check at some point, which is required by the story. [Even if you have a giant pile of ETH, will AWS or others take it without knowing more about who you are?]
Yeah, setting up fake identities and recruiting unwitting human accomplices via social manipulation is a pretty key part of take-over schemes. This is something language models are already close to competent enough linguistically for (although not agentic / goal-driven to do so, thankfully).
Last time I checked that wouldn’t work for a sizeable amount. Maybe I’m wrong? I claim no expertise in crypto and, as I said, I think that’s my weakest point. In principle, I can see smart-contract-based swapping with a large liquidity pool + ETH VM sidechain being sufficient to do this.
Wouldn’t fit the exact description in the story but would server roughly the same purpose and be sufficient if you assume the ETH VM-optimized sidechain has enough volume (or a similar thing, with whatever would overthrone ETH in 20xx)
Nitpick: with Uniswap (or another DEX), you can convert your niche crypto to ETH without a due diligence/KYC check.
I find it somewhat implausible that you’ll turn a few hundred million dollars worth of crypto to compute without having a KYC check at some point, which is required by the story. [Even if you have a giant pile of ETH, will AWS or others take it without knowing more about who you are?]
Yeah, setting up fake identities and recruiting unwitting human accomplices via social manipulation is a pretty key part of take-over schemes. This is something language models are already close to competent enough linguistically for (although not agentic / goal-driven to do so, thankfully).
I mean, they don’t have to be unwitting; Blake Lemoine knew he was working with a computer.
Last time I checked that wouldn’t work for a sizeable amount. Maybe I’m wrong? I claim no expertise in crypto and, as I said, I think that’s my weakest point. In principle, I can see smart-contract-based swapping with a large liquidity pool + ETH VM sidechain being sufficient to do this.
Wouldn’t fit the exact description in the story but would server roughly the same purpose and be sufficient if you assume the ETH VM-optimized sidechain has enough volume (or a similar thing, with whatever would overthrone ETH in 20xx)