As markets continue to rip to all time highs I’m awaiting the posts about Warren buffet being a great investor by sitting with so much cash year after year. Every time the market drops a few percent those posts are everywhere. How’s that look now?

Let’s stop pretending that bitcoin holding companies don’t represent the same misallocation of capital that bitcoiners talk about in the broader financial system. Sure there are varying levels of capital misallocation but borrowing money to buy bitcoin and put it into cold storage is not productive. I don’t think we want the best and brightest working on bitcoin financial engineering projects. We should be investing in companies and projects (fiat or bitcoin) that add value to our world

Had a brief chat with a Pinterest exec today and I brought up the idea of letting users choose their algorithm or at least more customization. Even at that company there’s zero interest. It’s all about time engagement. Nostr is the only hope as shitty as that may sound

GM!

Yes ‘cers!!! #nba

Me after reading that the pacers are the largest underdog in NBA history #nba

Issuing bonds to buy and hold bitcoin doesn’t make you productive. Neither does “selling volatility”. You’re not doing anything useful. It’s all bullshit financial engineering. Be productive.