Bitclops

8.9K posts

Bitclops

Bitclops

@BitClops

Seattle, WA Inscrit le Kasım 2024
2.1K Abonnements850 Abonnés
Bitclops retweeté
C. Solari🌿🦎🔬🖖🏽⚽️🇦🇷
What a great summary: Debt tends to build up over multiple credit cycles in the private sector, until it reaches its absolute limits. At that point, rather than mass defaults occurring, money usually gets printed and the debt starts to get rotated up onto the sovereign level via much larger fiscal deficits. Then, when debt builds up significantly on the sovereign level, the next release valve is through inflationary currency debasement and major political resets.
Lyn Alden@LynAldenContact

My March public newsletter is now available, and discusses to what extent the war on Iran may impact the "gradual print" scenario. Enjoy: lynalden.com/march-2026-new…

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Bitclops
Bitclops@BitClops·
@conorjrogers More radicalizing is that A. We’re out of money because they don’t it elsewhere instead of setting it side for future SS obligations. B. If it were a retirement account, it would be the worst performing account of all time.
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Conor Rogers
Conor Rogers@conorjrogers·
One of the most radicalizing moments of my life was when I learned that they just stop collecting social security taxes on money earned over like $150K. Like you just suddenly keep 3-6% more money on all money over that threshold.
Fuck You I Quit@fuckyouiquit

Every dollar earned below $184,500 a year has a Social Security tax of 12.4%. Everything after that cap is exempt. If we lift this cap on the wealthiest earners, Social Security would be fully funded till 2070. The cap should not exist.

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Kelly McCarty
Kelly McCarty@KellyLMcCarty·
The sad reality is that Republicans are nowhere near as committed to saving America as the Democrats are to destroying America.
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Breadman
Breadman@BTCBreadMan·
Why is it only Asian massage parlors that give happy endings? Do they have some sort of special legal treatment like Indians have for casinos?
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rohit
rohit@krishnanrohit·
What's the underlying reason why so many people so radically prefer bad economic policies like price controls, considering we've known they're bad for decades now?
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👑 J³ABz👑
👑 J³ABz👑@Jabz_CFC·
Alan Ritchson taking a walk on a beach in Australia with his wife, Catherine. ♥️
👑 J³ABz👑 tweet media
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The Figen
The Figen@TheFigen_·
A man stumbled upon some abandoned ruins. And realized that for some reason he knew them by heart. The place is identical to the De_Dust2 map from Counter-Strike.
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Frank J. Fleming
Frank J. Fleming@IMAO_·
Everyone assumes this picture of Buttigieg is him eating a chicken wing, and that's because he's biting in a way to engage his "rip-the-flesh-from-the-bone" front teeth, so we fill in "chicken wing" to make it make sense. But what he is actually eating is a small piece of a cinnamon roll, and our brains just can't comprehend biting into a small piece of dough that way. It's like an alien took over a human body and is unfamiliar with the subtleties of how it works.
Frank J. Fleming tweet media
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Daniel Dumbrill
Daniel Dumbrill@DanielDumbrill·
It's even funnier that in many countries, 'democracy' means a popularity contest in which you pick the candidate with the biggest marketing budget and catchiest (usually broken) promises. While in modern China, democracy means responding to the people's actual needs & demands.
Terence Shen@Terenceshen

Chinese Ambassador to Australia Xiao Qian said, “China is a democracy in our own way.” It’s funny that in many countries, democracy means people choose their government, while in China, democracy means the government redefines what “democracy” means.

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Bitclops@BitClops·
@gregogallagher Does it be feel weird to sit down? (Ie no fat on the buttox)
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Bitclops
Bitclops@BitClops·
@chamath @farzyness MY is great, but MX is better… just price is a but much for how much more you’re getting
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Bitclops retweeté
David Senra
David Senra@davidsenra·
.@elonmusk was eight years old the first time his father called him worthless. "He would stand in the living room and be berated by his father for hours. It's not just like a mean comment. He'd scream in his face and call him worthless and useless and stupid. He got beat up very badly — stomped by a gang of kids and was in the hospital for like a week, unrecognizable face. And his dad sided with the bullies and called him stupid for picking a fight. That is an unbelievably brutal place to start. Some of these rumors about how privileged he was actually come from his dad lying and trying to take credit for some of his success. Elon arrived as an immigrant to Canada at 17, paid his way through college, graduated with student debt, dropped out of Stanford graduate school to start his first company. He couldn't afford an apartment and an office so he leased an office and he showered at the YMCA. All he had was a laptop and some books and student debt. That's his starting place.”
David Senra@davidsenra

My conversation with @EricJorgenson, author of The Book of Elon (@elonmusk). 0:00 Book Reveal 0:39 Build Useful Things 2:19 Engineering Talent Edge 4:26 Wired for War 6:47 Tip of the Spear 8:47 Burn the Boats 13:13 Facing Fear 15:16 Origin Story Myths 18:19 Know Business A to Z 22:17 Simplify and Fail Fast 25:35 Reality and Physics 28:18 The Algorithm Begins 30:34 Delete and Simplify 34:25 Starlink War Room 36:52 Repetition as OS 38:18 Step Three Simplify Optimize 38:43 Question Every Requirement 39:13 Tesla Battery Pack Delete 40:43 Repetition Installs Ideas 42:02 Step Four Accelerate 43:26 Design Org for Speed 46:06 Step Five Automate 46:29 Control and Clean Sheet 48:54 Vertical Integration and Costs 50:47 SpaceX Incentives and Mars 57:11 Frontier Unlocks Starlink 1:00:26 Time as True Currency 1:03:58 Speed Triage and Bottlenecks 1:10:11 Internalized Responsibility 1:12:56 Avoid Serialized Dependencies 1:14:31 Aligning the Team 1:15:07 Time Is the Constraint 1:16:00 One Metric Focus 1:18:03 Directional Predictions 1:19:06 We Must Make Stuff 1:25:39 Manufacturing as Moat 1:26:23 Speed and Direct to Customer 1:28:41 SpaceX Feasibility Study 1:33:07 Edge of Sanity Leadership 1:37:10 Bottlenecks and Integration 1:40:01 Design and Simplify 1:45:15 Catch the Rocket 1:48:14 Capitalism and Closing Includes paid partnerships.

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Bitclops retweeté
BaseballHistoryNut
BaseballHistoryNut@nut_history·
Major League Baseball is aired in the morning for Japan. So technically they eat breakfast with it being on television. Here’s their #openingday commercial. No hyperbole, when I say this, it might be greater than any US MLB commercial I’ve seen. Well done and worth the watch for any baseball fan.
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Jowua
Jowua@JowuaLife·
The new Tesla SUV will be called Model B. That makes the new acronym: CYBER RIP S3XY. Long live CYBER. Cybertruck Model Y Model B Model 3 Roadster
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Robert ₿reedlove
Robert ₿reedlove@Breedlove22·
6. "Prices communicate what people prefer." Prices tell us what things are worth, what is scarce and where opportunity lies. Manipulate prices and you manipulate reality – every major recession in modern history was caused by the same institutions that claimed to prevent it.
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Garry Tan
Garry Tan@garrytan·
Tomorrow, the killer of Grandpa Vicha is expected to walk free. His pretrial detention already exceeded the max sentence of four years. This is SF "justice." gli.st/yamkccqy
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Rep. Anna Paulina Luna
The American people are witnessing a full blown breakdown in the Senate. We have a piece of overwhelmingly popular legislation that still can’t get passed thru. This entire ordeal has exposed the failures of our system to truly represent the voters. It’s all so corrupt.
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