"The tendency of politicians to represent the existing, established competitors, not the new enterprises... is probably a feature of representative government... The more creative participants in the new economy are geographically distributed. Therefore, they are unlikely to form a sufficient concentration to gain the attention of legislators." Davidson and Rees-Mogg describing #bitcoin #policy today in "The Sovereign Individual" (1997)

Of course Jeremy Allaire got the marker afterward today.

TIL the Corn Refiners Association is headquartered at 1701 Pennsylvania Ave. They're the high fructose corn syrup maxis who profit from poisoning people. Being only one cable from the Palace (~500 feet) is unsurprisingly terrible. Makes it curious how the Emperor decreed diabetes potions to henceforth be brewed with foreign sugar.

GM. I was born in 1989 and just discovered that the US debt-to-GDP ratio crossed 50% that year and has never fallen back under it. To paraphrase Coolio, "keep spending most our lives living in the debt slave's paradise"