Besides from getting a few specific facts wrong, I think the broader points Andreessen makes are solid. Hopefully it opens some eyes.
Pity that he's one of the few people ever who've managed to unlearn (at least publicly) how Bitcoin is better money. So cringe when he spoke about his founders needing to use cash when they were debanked, despite having the largest "crypto" fund out there π€¦ββοΈ
The Joe Rogan Experience: #2234 - Marc Andreessen
Episode webpage:
Coinbase is so retarded.
Played poker last night and tried to pay the winner with Bitcoin. He only had the Coinbase app, but they supposedly have lightning. He went through the steps to "receive" via lightning and clicked "generate invoice", but the app gave him an error saying he couldn't "send" π (I think his account had been limited because they needed more KYC info)
Didn't have time to get him a self custody wallet (or even just WoS), sadly.
On one hand, it's interesting and bullish for Bitcoin (by analogy) that there is such a thing as illegal gold mining.
On the other hand, it's even more bullish at how easy it is for the state to find and shut down an illegal gold mine. Possible, but much harder with Bitcoin.
(Not a perfect metaphor since gold mining isn't important for gold transactions)
Bitcoiners on TV trying to explain latest BTCUSD exchange rate with reasons like Trump, regulation, macro something something..
Guys, it's all noise. It's going up (forever) because it's absolutely scarce, digital gold that governments can't fuck with.
Scrolling through nostr during the bull market is pure celebration vs. my memory of Twitter in 2021 was utter anxiety about who liked or disliked the corn - the devastation of losing Taleb π
Latest from The Mandibles author Lionel Shriver. This is the article to share with your family and normie friends to help open their eyes to the problem of government's reckless spending.
L.A.B.O.U.R. - Lies About Budgeting and Overcharging Unwary Residents
Here we go ... "No tax rises for working people" =
1. Extend tax threshold freeze
2. National Insurance increase
3. Capital gains tax increase
4. Reduce pension rebates
5. More spending and more inflation
Tragic story. But inevitable the way unmarked police cars drive in London. You never see a police officer just doing ordinary patrolling, but you're guaranteed to be pushed off the road by them almost every time you drive.
Wild to me that this fact about WW1 bond sales is relatively well known and reported on by mainstream news, but AFAICT almost no historians have updated their views on the main causes of WW1.
Even Niall Ferguson on @Saifedean Ammous's podcast seemed not to know about it, despite him being one of the most critical of the conventional narrative historians.