THE THERMODYNAMIC RECKONING

How a $610 Billion Circular Financing Architecture, the Laws of Physics, and the Ghosts of Railway Mania Are Converging to Reshape Global Finance

this is a great article about the AI ecosystem covering the circular nature of the big players and the underlying thermodynamics that dictate what will or will not happen...good stuff

X (formerly Twitter)

A Man Of Memes (@RickyDoggin) on X

I post this from time to time. Give it a listen.

powerful...

Fiat currency (root of all evil) has caused a progressively worse and worse outcome for each generation starting about 50 years ago (arguably 100 years ago). It is the most recent generation that is bearing the brunt of things and running into the brick wall that precludes the success and access to the lifestyle that boomers and my generation (genesis block minus ~43 years) have enjoyed. dual jobs, fewer kids (if any), unaffordable housing, unaffordable healthcare, toxic food and medicine, biased and unaffordable education...the list of bad things goes on...bitcoin and the tangible benefit it has and the intangible hope it offers is a wonderful thing and equally horrific if it fails.

Journal

Why I Am So Eager to Witness an “Economic Recession”

We’re All “Firefighting,” and Burning Our Future

great bitcoin article without mentioning bitcoin…. it does mention Austrian economics and 3 legendary books and authors…

“The time to buy is when there’s blood in the streets.” - Baron Nathan Mayer Rothschild (1777–1836)

“Always in your stomach and in your skin there was a sort of protest, a feeling that you had been cheated of something that you had a right to.” …

Mood?

Crazy. Found this in a YMCA in Prague. Who knew?

The only “proof of steak” that matters…

Blue Chicago…great place on a rainy Wednesday night in Chicago