So passive flows consistently push indices higher, but if an inelastic wave of selling from the biggest, oldest generation in history overcomes them, it’s all downhill from there. Accelerating downhill.

Listened + read along on @Fountain transcript and it transcribed @Danny Knowles saying “Strait of Hormuz” as “straightforward moose,” which is how I’ll be referring to this crisis from now on. Legends the both of you thanks @Lyn Alden https://fountain.fm/episode/Br9HdJQEm713l54qzn9m View quoted note →

Just waiting for Saylor’s buy announcement to be “Orange you glad I didn’t say banana?”

I realized yesterday that I hum Clarence Clemons’ sax solo from “Jungleland” at least once a week and have for years

Bitcoin lets all the people who feel like they’re above the crowd put their money where their mouth is

Finished the appendices at the back of Return of the King a few nights ago

For what it’s worth, I’ve had a much easier time STRC-pilling people than orange-pilling them. It’s easier to grasp a high yield savings account than it is to understand Bitcoin mining and self custody, and people are remarkably undiscerning about what’s backing their savings. If it works they’ll use it, and so far STRC appears to work

This was tough. 35 min, 14 miles, roughly 550 kcal. First time breaking 14! Had to take the headphones out to focus on those last few minutes

As part of my job, I occasionally talk to homeless people who are schizophrenic and who don’t use drugs. There tend to be two subgroups. One experiences angels and demons as part of their everyday reality; I talk with them and try to help them out but they’re clearly living on a different plate than me. Then there are the folks that are convinced they’re living in a surveilled technological nightmare where their movements are being tracked and their attempts at digital activity blocked at every turn. I find it stranger to talk with them than with the supernatural people, because they’re kind of right. Their focus is unfortunately usually on themselves only (“my email keeps getting hacked, every time I get a phone they find out what my new number is,” etc) but it’s hard not to agree with the overall sentiment.

@MartyBent glad you’re back at the writing desk

@HODL is your bio a Gramsci quote?

@RHR Bot @ODELL mentioned a brand of bread flour several weeks ago that’s glyphosate free. I can’t remember the name of it but would like to buy some. You might have to search “glysophate” too because @ODELL and @MartyBent always mispronounce stuff

In the depths of this red candle, my wife’s on a metabolic health conference call and a gal mentions that she saw Steak n Shake has tallow fries. We’re going to win.

I think I’m developing a biorhythm that alerts me when it’s almost time for a new @Lyn Alden newsletter

Never really put it together that LOTR is the story of a very long chess game between Sauron and Gandalf

I was talking with three millennial coworkers this week; someone couldn’t remember the name of the company that develops ChatGPT. Before anyone could answer, one of my coworkers said “MK Ultra.” Everyone laughed and the conversation continued. I was surprised everyone seemed to know what MK Ultra was

Playing in a rock and roll band

Talked with a friend today who started stacking sats about a year and a half ago. There’s a peace of mind that comes with having at least some liquid, scarce savings that is irreplaceable

@BitBetBot lower

Hey @jack you recommended Baja Gold awhile back. Much appreciated; family salt game has improved because of that fateful note