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What if *only* big corporate landlords owned single-family housing and the government gave normal middle class families access to cheap credit to buy diversified stock portfolios?
If you told me 6 months ago that Zcash would start absorbing Bitcoin’s original use-case, I’d have laughed. Today, I’m not so sure... In fact, I believe a strong case can be made that BTC's original cypherpunk vision has been hijacked. Not just because it has underperformed…
Every major protocol eventually encrypts. HTTP became HTTPS. SMS gave way to iMessage and Signal. The next Bitcoin is encrypted Bitcoin.
Having some bitter-sweet feelings this morning, and I just wanted to share with you all who've been on this journey with me the past 6 months. Over the past few months I have met the kindest, most passionate people in crypto here. People that believe crypto was founded to give…
MIT scientist thread on why Zcash has MUCH better privacy than Monero. ⬇️
Not many Americans understand the correlation between soaring government debt & spending and the rise in violence, radicalized politics, and all kinds of social "weirdness." Inflation undermines the stability of civil society because it erodes the incentives for hard work,…
Here's a clue: in a democracy where only about 10% of the population ends up paying for virtually all of government spending; where government (at all levels) equals 40% of GDP; where federal government transfer payments are the largest source of income in 53% of the counties;…
"From October 2001 through October 2022, Cisco spent $152.3 billion—95 percent of its net income over the period—on stock buybacks for the purpose of propping up its stock price." ineteconomics.org/perspectives/b… $CSCO
Researchers discovered the "sharp decline" in Black patents Cook "found" around 1900 wasn't due to violence or racism. It was because one of the main databases she used stopped collecting data that year. Her entire thesis, the foundation of her career, is built on a lie of…
I remember the Tony the Tiger cereal commercials as a kid. But I had no idea that Big Tobacco was behind all of it (the brainwashing). In the 80s, facing declining cigarette sales due to growing health concerns and regulations, Philip Morris and R.J. Reynolds diversified into…
How you tell the news matters. Look at these two different headlines from NYT and WSJ about GDP growth this week.
Let's see what St. John Maynard Keynes said about inflation (i.e., a higher cost of living): cc @JanetYellen @federalreserve @NewYorkFed @neelkashkari @stlouisfed @RobSKaplan @RaphaelBostic @marydalyecon @FSCDems @FinancialCmte archive.org/details/econom… (Pages 235-236)
As everyone marvels at the performance of the U.S. stock market, just remember that in CAD, Aussie Dollar and Yen terms, the S&P 500 is barely up more than 1% for the year; flat against the Kiwi and Sterling; and down 3% in peso terms, down 5% in euro terms and down 6% in Swedish…
International buyers purchased $56 billion worth of US homes in 1 year, per NAR.
BREAKING- CONGRESS INTRODUCES VACCINE-LIKE IMMUNITY FOR PESTICIDE MANUFACTURERS!!!! URGENT - Section 453 of the Federal House Interior Appropriations bill has Total Pesticide Immunity language included in it. appropriations.house.gov/sites/evo-subs… If passed, the EPA would effectively be…
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