james22

Truth.

https://thezvi.substack.com/p/book-review-on-the-edge-the-fundamentals

Would I be willing to completely copy another investor? Never.

Now include crypto.

Bipartisan Support Builds For Strategic Bitcoin Reserve All things considered, voter polling data shows consistently that backing bitcoin may be a good bet for members of both political parties. From an electoral perspective, there is massive upside to embracing digital assets and virtually no downside—which makes it all the more likely that bipartisan support for a strategic bitcoin reserve will continue to grow. https://archive.ph/W2cXx

https://www.forbes.com/sites/edanyago/2024/10/02/why-bitcoin-is-becoming-a-part-of-traditional-finance/

Now include Bitcoin.

He comes across as very fair, but must be in something of a bubble that he speaks (almost) only with the Left in the book. There's lots of Country Club/Chamber of Commerce (Establishment) Republicans in the Village as well. That he doesn't consider how River/Village relates to Conservative/Liberal suggests he's without "strategic empathy."

Real interesting, but entirely overlooks the category of Conservative Riverians. Those with the Riverian cognitive and personality clusters (inclined to quantify), but recognize its limitations: The constrained vision puts a premium on “systematic rationality.” This simply refers to the collective experience and wisdom contained in long-evolved social processes and systems. Since the constrained vision doesn’t think that any one person or small group of individuals can really become smart enough to dictate decisions for everyone else, the combined knowledge held in culture, tradition, legal precedent, and other structures is superior. This knowledge gets created by a survival of the fittest society. If our society has survived thus far, that means it has beaten out other competing societies that have failed. Mankind will probably not be able to understand everything about the system that makes it good, and as such should simply trust its lasting success and view admonitions for significant change with suspicion. https://thedurfblog.com/the-conflict-of-visions-explained/ Doesn't seem to recognize that if the Village is "distinctly left-of-center" and the EA and Rationalist wings of Riverians are 13:1 and 2.6:1 registered Democrats vs Republicans (respectively), he's missing most conservatives. Who, dismissive of intentions in favor of outcomes and assume trade offs over solutions, etc., reside most naturally in the River. Even mentions evolutionary psychology and Chesterton's Fence, but doesn't follow how they would influence a Riverian.

What if the Biden administration deliberately killed off Silvergate — and some of its peers — in an attempt to decapitate the domestic crypto industry? And what if the settlements Silvergate made with its regulators effectively covered the government’s tracks, allowing it to continue to deny the existence of Operation Choke Point 2.0? https://www.piratewires.com/p/inside-biden-admin-plot-to-destroy-silvergate-and-debank-crypto-for-good-nic-carter Operation Choke Point 2.0: https://archive.ph/OUAyk

. . . the most important economic fact about modern Britain: that it is difficult to build almost anything, anywhere. This prevents investment, increases energy costs, and makes it harder for productive economic clusters to expand. This, in turn, lowers our productivity, incomes, and tax revenues. https://ukfoundations.co/

BlackRock Reveals It’s Quietly Preparing For A $35 Trillion Federal Reserve Dollar Crisis With Bitcoin - Predicted To Spark A Sudden Price Boom https://archive.ph/Ld3Pk#selection-1967.0-1967.141

We dance round in a ring and suppose . . .

So? Like Dalal.Holdings (and Milton Friedman) says, judge policies by their results. Like communism, because of Hayek's knowledge problem (specifically the knowledge problem of paternalism), implementation cannot ever be anything but awful.

Bitcoin: A Unique Diversifier Why bitcoin's appeal to investors lies in its detachment from traditional risk and return drivers KEY TAKEAWAYS - Investors considering allocating to bitcoin are grappling with how to analyze it relative to traditional financial assets, given bitcoin’s unique properties and limited history. - Bitcoin, with its high volatility, is obviously a “risky” asset on a standalone basis. However, most of the risk and potential return drivers bitcoin faces are fundamentally different from traditional “risky” assets, making it unfitting for most traditional finance frameworks – including the “risk on” vs. “risk off” framework employed by some macro commentators. - Bitcoin’s nature as a scarce, non-sovereign, decentralized global asset has caused some investors to consider it as a flight to safety option in times of fear and around certain geopolitically disruptive events. - Over the long term, bitcoin’s adoption trajectory is likely to be driven by the intensity of concerns over global monetary stability, geopolitical stability, U.S. fiscal sustainability, and U.S. political stability. This is the inverse of the relationship that is generally attributed to traditional “risk assets” with respect to such forces. https://www.blackrock.com/us/financial-professionals/insights/bitcoin-unique-diversifier https://www.blackrock.com/us/financial-professionals/literature/whitepaper/bitcoin-a-unique-diversifier.pdf

BREAKING: Walkie-Talkies Explode in Hezbollah Strongholds in Second Wave; UPDATE: Nine Dead, 300+ Injured From an article yesterday: In military matters, some tactics have effects far, far beyond the initial impact. The recent, sudden explosions of Hezbollah pagers is one such; no Hezbollah nutcase will ever again look at his pager or cellular phone again without seeing a grenade. . . . Imagine the long-term implications of this. Hezbollah nutcases will never again feel comfortable carrying a pager or cellular phone. https://redstate.com/wardclark/2024/09/17/report-mossad-intercepted-hezbollah-pager-shipment-loaded-them-with-explosives-n2179452