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America is collapsing like the Soviet Union did in 1991 - and for the same reasons Few understand this
Telegram CEO @durov called for Russians to protest Russia’s attempt at Internet censorship by throwing paper airplanes (Telegram’s logo) out their windows today. The citizens of Russia didn’t disappoint.
To understand someone's priorities, watch what they do between Friday at 5p and Monday at 8am.
Heuristic: Hyped things have overblown promises. Real things have overblown FUD.
Easy heuristics to spot rent seekers: 1. They ask you questions about transactions that they are not a party to. 2. They ask you to do things that have no clear benefit to you, but benefit them. 3. They are more concerned with how things look than what work gets done.
If you’re launching utility tokens right now, pay attention to Martin Shkreli. His arrogance and lack of respect for US securities law just got him 7 years in prison. Don’t be greedy. Don’t be stupid. This isn’t a game.
BTC Bitcoin - Im so bullish for a big bounce here it almost hurts
Assuming some sort of awards for Bitcoin (e.g. The Toshis), what categories would you want to see?
Social networks created so much value because they brought together millions of people in a digital world. Crypto creates value because it brings together millions of people in a global, digital financial system unlike anything we’ve ever seen.
WOW!! Israeli Supreme Court just ruled that banks can’t refuse crypto companies solely based on the assumption there will be illegal activity. The banks need to prove it before denying crypto companies. This is big strike against anti-crypto crowd argument. Long live crypto 🚀
“I’m working on a utility token” is the new “I’m working on a mobile app”
Money is good, Greed is not Power is good, Abuse is not Truth is good, Oppression is not Beauty is good, Narcissism is not Do not conflate the good with the bad.
Comparison of smart phone vs crypto wallets. We are very early in the game..
Summary of Switzerland's ICO guidelines: 1. Payment ICOs - comply w/ anti-money laundering & not securities 2. Utility ICOs - not security as long as actual utility 3. Asset ICOs - definitely security & have to fully comply w/ regulation They were 1st government. Not the last
The casualties of the Bitcoin brand battle will be the uninformed noobs. Savvy investors do due diligence and won't be bamboozled by marketing.
The smartest people I know: 1. Obsessively read books 2. Pursue new mental models 3. Enjoy intelligent discourse 4. Quickly admit when they're wrong 5. Comfortable changing their opinion 6. Surround themselves w/ intelligence 7. Seek to understand every perspective on a topic
My gut opinion following the Twitter stream today is that way much blind arrogance continues to exist -- and the punishment is not done. Time will tell.
United States Trends
- 1. #WWERaw N/A
- 2. Arizona N/A
- 3. Bovino N/A
- 4. Finn N/A
- 5. Brayden Burries N/A
- 6. Tony Padilla N/A
- 7. #TheRookie N/A
- 8. Jaxson Hayes N/A
- 9. Jaden Bradley N/A
- 10. Rob Wright N/A
- 11. Punk N/A
- 12. Homan N/A
- 13. El Centro N/A
- 14. #RawOnNetflix N/A
- 15. Learner Tien N/A
- 16. Zverev N/A
- 17. Jrue N/A
- 18. #90dayfiancetheotherway N/A
- 19. Schwartz N/A
- 20. #AmericanIdol N/A
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