*The vast majority of economists and Financial analysts are clueless. They value companies based on Earnings/Cash flow, Assets, etc, when they should be valuing companies based on the ties to the Establishment of its founders/co-founders/early investors* View quoted note →

*AI is already the meta-layer of control. Markets are still in the process of relabeling revenues into quasi-sovereign rents.* View quoted note →

*Analyst Ed Zitron said AI is being blamed by tech companies that over hired during the pandemic. The companies are now looking to lure investors by claiming to be more efficient, Zitron said. “It’s just a growth at all costs mindset,” Zitron said. “The only thing that’s important is growth, even if it ruins people’s lives. Even if it makes the company worse and provides an inferior product.”* CNBC

😂 *even the wisest among us sometimes need Minecraft to scratch the itch for connection* View quoted note →

*Nostr will outgrow the Bitcoin circle simply on the merits of being uncensorable, open, and frictionless to adopt* View quoted note →

*Innovation is always “lonely at first, obvious later.”* View quoted note →

*To see Bitcoin’s simplicity you have to internalize that it’s a truly decentralized, military grade, self regulating network that doesn’t use time as we know it* View quoted note →

A shockwallet update:

Stacker News

What creative ideas have you been rambling on? \ stacker news

What creative ideas have you been rambling on? This post is part of a series. It is meant to be a place for stackers to discuss creative projects t...

*A trade has two sides: goods/services and money. Money (non-bitcoin) are state-controlled, dictated, not very capitalistic. Thus, roots of something like half of all transactions are anti-capitalistic.*

Stacker News

Is Capitalism Making Us Lonely? \ stacker news

One common criticism of capitalism is that it has sparked an epidemic of loneliness. This is often attributed to the individualistic nature of capi...

*Every state’s existential need has been to maintain monopoly on force + money issuance and fiat is the ultimate control layer. Global coordination around fiat, CBDCs, and surveillance finance isn't ideology - it's structural necessity.* View quoted note →

*each time a bitcoiner creates value and hides it from the professional extortionists and shares it with other bitcoiners he is indirectly punishing in a non violent way the violent behaviour that the fiat people have.* View quoted note →

*These companies probably end up liquidating the coins to buy back their shares so if you are looking for cheaper Bitcoin exposure I am not sure how far you are going to get. However, I do think there is value in identifying ones that have staying power (say from an actual business like Semler) who may have cheaper mNAVs than others. I am much more interested in these types of companies that actually have a profitable business and sweep the cash flows into Bitcoin fortifying their balance sheet and growing their book value over time as opposed to the Saylor copycats who are solely interested in financial engineering.*

Stacker News

Why Bad Bitcoin Treasuries Could Make the Best Investments (FT, Lex) \ stacker news

Been definitely neglecting my treasury-companies-reporting duties for econ So here's this: you’ve decided to start a bitcoin treasury. And why no...

*drugs, in general, are inhibiting something. psychedelics inhibit the "make it make sense" alcohol inhibits the "it should be civil" heroin inhibits the "you need other people" and so on and so forth* View quoted note →

*government -> demands grain -> gives booze -> destroys family -> wins soldiers who have been traumatised to violence and will easily go out and kill for you* View quoted note →

"I just think you can't get information...you can't really know about things from a pill. There's something important about experience and...you know...doing a thing. It's like trying to survive on vitamins and protein shakes...maybe your body needs the chewing to make it all work."

Stacker News

[FM] Remember to take your infomins \ stacker news

"You mean you don't take any infomins at all? Like, not even a daily mental health supplement? How do you even function?" "The old fashioned way, I...

"Invictus" by William Ernest Henley Out of the night that covers me, Black as the Pit from pole to pole, I thank whatever gods may be For my unconquerable soul. In the fell clutch of circumstance I have not winced nor cried aloud. Under the bludgeonings of chance My head is bloody, but unbowed. Beyond this place of wrath and tears Looms but the Horror of the shade, And yet the menace of the years Finds, and shall find, me unafraid. It matters not how strait the gate, How charged with punishments the scroll, I am the master of my fate: I am the captain of my soul.

Hyperbitcoinisation? Best I can do is flywheels.... *Spinning metal devices known as flywheels have for centuries been used to provide inertia -- resistance to sudden changes in motion -- to various machines, from a potter's wheel to the steam engine. Grid operators are now looking to the technology to add inertia to renewable-heavy electricity systems to prevent blackouts like the one that hit Spain and Portugal this year.* Britain's energy grid bets on flywheels to keep the lights on https://share.google/YWnHXCpL98qrRtHrO

For oft, when on my couch I lie In vacant or in pensive mood, They flash upon that inward eye Which is the bliss of solitude; And then my heart with pleasure fills, And dances with the daffodils.

*victim mentality has become a substitute for character development* View quoted note →