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.)
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?