$360B asset manager in trouble because they bought insurers, then used the funds for higher risk investments. Whether it’s isolated or it spreads…🤷‍♂️ View quoted note →

*Laughs in Patagonia vest* View quoted note →

The chart – Porkopolis Economics

Eyeballing power law, it looks like we’re at 0th percentile. Lowest it’s ever been, even lower than FTX collapse. Deep value territory.

Is anyone else tracking life insurance and its intertwining with private equity and credit? Seems like attention on it keeps increasing, which makes me think it’s not as big of a deal as some make it out to be. It’s complex AF though, investigating it adequately would be a full time job.

Big brain play is when you’re so suspicious of everyone, including yourself, that you start counter-trading yourself. View quoted note →

Imagine a people so distasteful, they have to create laws to make it illegal to dislike them.

I liked Mechanic up until he arrogantly bragged about his god being the one true god, shortly before the fork. Ironically, many of you here who were anti bip110 would love him for saying that. Good heuristic for identifying weaklings and cowards.

The whole fun was ratioing deranged socialists and senators. What’s the point if they have an unstoppable special ability? View quoted note →

I won’t got back to Twitter because it’s not a fair fight. I can’t 1v1 CEOs, billionaires, suits etc because they can just block. On Nostr, there’s no retreat. Mute can’t save you. Step into the octagon and let’s talk.

Anyone know the situation with Aqua wallet LN? Have a tiny amount of funds stuck there. Haven’t seen any updates.

Evergreen View quoted note →

Vaccinologists assume the safety of childhood vaccines just like some people assume the randomness of RNGs, depositors assume the effectiveness of FDIC… https://fountain.fm/episode/kpOKoVIDcZoZ4f5QtRqt More great rips in here by Aaron Siri about childhood vaccines, if you haven’t heard him before. Cc @Kudzai Kutukwa

I will follow a minority fork that rejects demurrage and/or tail emissions. I don’t care how much hash you have. How many billionaires and institutions you have. How many coins you have. How many influencers you have. How much you gaslight me. If I’m outnumbered 10,000 to 1. Maybe you think this sounds obvious and inconsequential to say right now. But give it 5, 10, 20 years. Marxism is ubiquitous, insidious, and too tempting for most to reject.

“You can’t stop stablecoins on Bitcoin.” Obviously, digital assets (on Bitcoin) are retarded. It’s not that Bitcoin will price them out because they’re retarded and will fail. No, the FIC most likely knows that tokenization is retarded, but all they need to do is pervert mining incentives enough, such that they gain further control of mining. Their end goals are demurrage and tail emissions.

These will make for good short opportunities in a couple years. View quoted note →