• 4 Posts
  • 43 Comments
Joined 2 years ago
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Cake day: June 30th, 2023

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  • If Trump makes his own memecoin part of the national currency reserves it will genuinely be the grift that never stops giving.

    Honestly, I think this is more likely than him forcing the Treasury to allocate $billions to current BTC holders. Trump doesn’t hold any BTC (or only trivial amounts) as far as we know, so there’s absolutely no personal upside for him in this scenario. Letting other people walk away with $billions whilst Trump gets nothing doesn’t seem very Trump, does it?

    I suppose they could up with a scheme where a portion of the $$ from BTC sales to the Treasury get used to buy TrumpCoin or whatever. But that requires him to trust BitCoin bros. Is that plausible?


  • Why are these people obsessed with a measurement of people that has the worst statistical validity known to mankind? IIRC Taleb ripped IQ-obsessives to shit a couple of years ago with an extended rant / published paper on the various flaws, but even from a non-stats nerd perspective the idea that you can infer the “IQ” of an entire country from the studies that these people quote is absurd. We’re talking “I measured the IQ of a bunch of kids in an orphanage in 1968, so obviously I can infer from this the value of the entire nation” levels of absurd here. Even taking their words at face value (lol) the entire endeavour is ludicrous.

    The whole thing just seems completely pointless: what’s the end goal here? Being able to line people up like trading cards achieves what exactly?

    (Which leads inevitably to the depressing reality that the “why” is obvious, but unspoken of course: They just don’t want to come out and say it.)







  • who tf is this?

    They’re a self-described gay, furry ex-mormon who seem to have latched onto the rat & rat-adjacent communities (like EA) in the hope of finding a substitute for the certainty they used to find in religion. Last I heard they work for the Blocked&Reported podcast, i.e. Jesse Singal et al., alongside their job in the US military. (edit: their Twitter claims they’re a law clerk? I guess they moved on.)

    On the surface they seem well meaning but naïve, the company they keep (perhaps) being a reflection of that.











  • Who knows? It’s a classic “buy the rumour, sell the news” stock story though, so there’s something about human psychology right there.

    BTC shills are always pushing for the next big thing that will pull the mass buyers in. ETFs were going to be it this time around. I suspect a lot of people were holding onto BTC / not selling into the recent run-up in the hope they were right. If it turns out that there’s no demand there’s an awful lot of selling pressure out there: Miners are holding a lot of stock & the halving that will halve their income is only a few weeks away.



  • Who knows? They seem to know all these people personally, so I guess they attend rationalist cuddle puddles in SV or something.

    I ran into them online a year ago when a Twitter follow shared their last essay with some acerbic comments about the lengths (both in the mental & absurd word count senses) they were going to do deny their desire to transition & they appeared in the comments after I made a snarky remark along the lines of “methinks the lady doth protest too much”. Still quite proud of that one.