A lot of you are fake and full of shit.

@YODL knows what I'm talking about

no one is still taking covid boosters, right?

Good article. Would just argue SpaceX is being valued on the VAST future potential, not present earnings, and future potential is relatively uncapped in this one case. The AI companies are pretty hard to justify given it's almost a commodity at this point. Of course the numbers would be very different if we had a market-based hurdle rate rather than the FED. I also watched The Great Taking, and while it scared the shit out of me, I think it's not really saying anything we don't already know, namely that IF things break down badly, anything you don't physically (or mentally) hold will be a legal claim and nothing more. Think of the Palisades fires -- you can sue the insurance company for non-payment, but you no longer have a house, and you are reliant on third parties to enforce your contract . And the only thing ensuring your claims have real value are incentives -- they won't default on your shares or bonds because that would be catastrophic for their own portfolios and those of their friends and families too. Mutually assured destruction is what keeps the system afloat. But once things get so out of whack that there's nothing to lose, the incentives break down, and the great taking occurs. I think it definitely COULD get to that point, and when it does there probably won't be much warning, but in the meantime you have to live in the world as it is, pay the fiat bills, etc. because that time could be 5, 10 or 20 years away or happen never. Just make sure you have some insurance in the form of a bearer instrument rather than a claim.

What’s up with all the low-quality AI reply bots?

The communists will probably try to burn me at the stake eventually but think I’m gonna take up golf this fall. Got a friend who wants to do it, knows a cheap 9-hole course. Almost nothing I’d rather do than play a sport outside in the fresh air. Got into Padel 15 months ago and am playing 3x a week. Reminds me of when I used to play basketball all the time in my late 20s in LA almost 30 years ago.

Found out the other day I have a screw loose. Literally, dental implant started wobbling.

People on Nostr calling you a statist is like people on woke Twitter calling you a racist. It’s meant as a way to disparage your character and dismiss you totally but no one cares anymore.

I don’t care about Bitcoin. I just care about living a good life. It just so happens Bitcoin creates the right incentives and the opportunity to live as you’d like us under threat from bad ones. But don’t put the cart before the horse.

Older I get, the more distaste I have for puritans, especially around the subject of freedom tech. How can you be a freedom fundamentalist? Contradiction in terms.

Two contradictory thoughts about the spectacle on the White House lawn: 1. Bread and Circuses 2. You can unapologetically do things in America

One reason a dog makes such a good friend to a person is you can both comfortably walk the same pace. Contrast with having say a pet snail -- would be too frustrating.

I've given up convincing brainwashed people that Trump is just a president to be evaluated on the merits like any other, that he'll do some good, some bad, that one should only believe what one can verify, etc. The TDS is so crazy now, there is no hope to get through. So I'm stepping back and trying to convey the depth of the TDS to people who don't have it, so they understand the extent to which people have been brainwashed in this regard. Again, it's not really about Trump per se -- he's just a politician, he's not your friend or family or anyone important in your life. But that people can be so thoroughly brainwashed about what's going on is dangerous. Voltaire's "those who can make you believe absurdities can make you commit atrocities" is in play. People, normal, regular, "upstanding" people believe absolutely insane shit, and I'm not talking about denying the moon landing (I'm 20 percent in that camp) or flat earth -- those beliefs are not a problem and actually good for the discourse. Question everything, trust nothing, etc. What's insane is people believe political edicts, believe other people are evil, it's like we're in the pre-enlightenment middle ages, and the church is telling them to burn the witches and who will wind up in heaven and hell. I'm not sure if it was the mass formation psychosis during covid that traumatized people and pushed them over the edge, or whether it started earlier the race hustling of the Obama years, the election of Trump in the first place, the excommunications from polite society if you said the wrong thing on social media. It doesn't really matter when or why. I'm just getting a bit uneasy with how many people's brains are truly broken beyond repair, the impossibility of ever getting through and the weaponization of this zombification. People worry about CBDCs or surveillance or whatever, but those things are all downstream of a compliant populace, and the easiest way to get people to comply is have them believe in an insane narrative that is impossible to puncture or challenge. Maybe I need to stay off Twitter and stop talking to people about their worldviews as it relates to geopolitics, but then you wonder whether you wake up one day in a dystopia that people not only wanted but insisted was essential -- for the greater good.