"Decades ago, the dog used to wag the tail, meaning the health of the economy had a big affect on the stock market. Now that the stock market is so large (200% of GDP), the tail wags the dog, meaning a weak stock market can materially impact the health of the economy." View quoted note →

no one is a strong claim. but ok. the main problem IMO is logistics (like UPS) missing, zk proofs and working system of disputes. catalax might be the way for some of these issues. I was playing with this idea of onion routing to deliver packages. It was immediatelly clear that I have no guarantees for neither sender or receiver of the package. or anyone in the middle/transportation. while theoretically private, these questions don't have any good anwers: what if I send something else then I promised? what if receiver denies it? what if anybody just steal the package? what if sender and receiver collude against transporters? what if the package gets broken? what if authorities catch you, a delivery guy, with 10kgs of enriched uranium? then you realize how complex the trade system is nowadays. View quoted note →

I have an idea for tokenization 🤣 View quoted note →

if you use ghostfolio go to settings and set zen mode.

It's like powertools. If you FAFO with a driller, you might endup lobotomizing yourself. View quoted note →

Vcera jsem platil pres gopay bitcoinem. chteli po mne KYC. vyplnil jsem burner mail a naprosty hovadiny... payment successful snad to pujde stejne dobre i pres confirmo #czech

power law

just a reminder: every sell order has a buy side. be on the right side 🤟

capitulation? thanks, weak hands.

you can't verify a single character from released epstein files. I don't need them to know that power corrupts. That those in power are evil.