Nelson – reg/acc - 🛡️

AFRO MAN now controls all spice production in the imperium.

@leashless @WaxingProlific

@ComputerPoet @WaxingProlific “I do not fear the state. I fear the state will collapse before *I have built* a meaningful alternative.”

The law should be simple: all AI generated human figures must have purple or yellow eyes. There should never be doubt about whether one is looking at AI or a human actor. This layer of cognitive safety costs nothing.

This man is a billionaire and was removing labels with a hair dryer personally, you're simply not grinding hard enough

When I was at university a Nigerian on my engineering course told a joke about corruption I adapt it for the present: So a Pakistani engineer, a Nigerian engineer and an English lawyer go to visit each others country after graduating. Nigerian visits the Pakistani guy. Says "You did well for your self, expensive car, huge house you were a bit of a waster at university, how come you did so well for yourself?" Pakistani guy rubs his hands together and says "I went into the Civil Service, see that bridge over there... 20%" Few years later Pakistani guy visits the Nigerian guy. Says "Wow you are doing even better than me you have a fleet of cars, a mansion, security your own jet, your were an even bigger waster than me how come you are so rich" Nigerian guy rubs his hands together and says "I went into politics. See that bridge over there... 40%" Another year passes they both go back to England and visit the English guy. He has a lovely property and expensive car as well. They both say "You were the biggest slacker of all of us how come your are so rich?" English guy points and says "I stayed in Law, See that bridge over there?" Nigerian guy says "No"

@leashless @WaxingProlific

@WaxingProlific The problem is threefold 1) spooks will want to make fake people 2) direct competitor with the state 3) I am not ready to be world goverment yet

TLDR: I am a recovering alcoholic with no fund, no credentials, and no lobbyist. I rebuilt myself from nothing. Then I broke into finance with no degree, no pedigree, and no permission. I parsed SEC filings for a $31.5 billion private credit fund called Cliffwater. Not because anyone asked me to. Because nobody else would. The filings are public, but they are buried in footnotes that are not indexed, not searchable, and not structured for analysis. I have been told by fund managers that nobody even attempts this. Billions of dollars in pension capital, and the people who manage money for a living do not bother to read the filings. So I read them. Every loan. Every amendment. Every semi-annual PIK disclosure. 2,330 positions. I hand-researched fifty. I found 189 loans where borrowers are paying interest with more debt instead of cash. I found over 50 loans that are not generating enough cash to service their debt at all — carried at par on the books of a fund that has never reported a losing month in 41 months. The fund's Sharpe ratio is 3.75. Bernie Madoff — who was fabricating returns and could pick any number he wanted — ran a 3.5. He got caught because the numbers were too smooth by Markopolos. The greatest quant fund in history, Renaissance Technologies, runs a five or six. Cliffwater is claiming risk-adjusted returns that would be impossible even if you insider-traded with perfect information every single time, because the volatility of the underlying markets would still prevent it. Nobody asked questions. Bloomberg confirmed 14% redemptions 48 hours after I published. S&P cut the fund's outlook to negative this week. Cash on hand fell 76% in six months. This is not an isolated fund. This is the structure. $9.4 trillion in private equity. $3.5 trillion in private credit. They all pay their own valuation agents. The valuation agents decide what the funds are worth. No valuation agent has ever been fired for saying the number was too high. The marks produce the NAV. The NAV produces the fees. The fees come from pensions. The pensions come from firefighters and teachers and nurses in Oregon and California and Illinois who will never read a private placement memorandum in their lives. Wall Street ran out of rich people. The endowments were full. The sovereign wealth funds were tapped. So they went downstream — to 401(k)s, to retirement accounts, to interval funds sold to people who have no idea what they own. 1. Direct the SEC and FSOC to examine Level 3 fair value practices across interval funds and BDCs. 2. Require that valuation agents be independent of the funds they mark. 3. State publicly that the current self-marking regime creates systemic risk. 4. Mandate position-level mark disclosure for every fund that accepts pension capital. There are two ways this ends. It breaks all at once like 2008 and we fix it. Or it rots slowly like Japan: one fund blows up, six weeks of quiet, another one, and nobody connects it for a decade while a generation of retirees gets destroyed. I am not asking anyone to take my word for it. I am asking them to read the filings. If you know someone in the administration, a regulator, or anyone on a legislative committee, please send this to them. One person learned this from a one-bedroom apartment. Your government can too. The will is what is missing.

@ddhitchens @thurible Literally me reading the end of it.

The moment @thurible went from “moderately supportive of a change in the law” to opposed:

america deindustrialized so extensively, we can’t even manufacture consent anymore

Good piece on Bloomberg Intelligence and for those with HELIUM exposure. • Qatar’s shutdown of LNG production has taken about a third of global helium production offline, affecting chipmakers who rely on helium for semiconductor manufacturing. • Helium has no viable substitute in the chip manufacturing process, and no other source can immediately replace Qatar's supply, with helium containers already filled before the war remaining stranded • If the disruption persists, helium shortages could force chipmakers to deprioritise lower-margin product lines, reinforcing the existing allocation toward AI memory and deepening an already severe memory shortage

Why don’t they just tokenize the oil in the Middle East and transport it across permissionless financial rails, thereby avoiding the Strait of Hormuz altogether

New UK political parties?

🔥 If you have had challenges related to meditation or psychedelics, or know people who might be interested, please help Emory, the VCE at Brown and Cheetah House with their vital study on phenomenology, influencing factors, and remedies, so they can improve systems of support. It's all online and currently available to residents of US, Canada and Australia, with Europe coming soon. meditationchallenges.org and psychedelicchallenges.org) For more information: youtube.com/watch?v=4YC3Bz… and also a study description cheetahhouse.org/participate-in… Thanks! 😊

"Your favorite X posters are actually boring and normal in real life." Like, I'm sorry, what are you expecting, actually? That they're going to roll out to a 5:30 P.M social meetup at a food truck yard in a three piece suit like Charlie Chaplin and do a flip over a table while holding a full pint of beer? That they're going to slap the bartender and turn to you and say, "C'mere, kid, I've got a piece of advice for you," and then give you a hard kiss on the mouth?

At this point, it's undeniable that building housing lowers housing prices/rents, right? What's the NIMBY counter to this?

This is probably revenge for winning against Leigh Rothschild, a patent troll that Valve was not supposed to win against. Winning that lawsuit disrupted the status quo of quietly settling like every other tech company does. In addition to this lawsuit, Valve has 3 other ones just in 2026 so far. New York State loot box lawsuit filed Feb 23 2026 by Attorney General Letitia James. US Nation wide class action lawsuit against loot boxes filed March 9 2026. UK collective proceedings on Steam's pricing + Commissions... Jan 26 2026. Now this UK's PRS music suit. FOUR major attacks in under a month can't be a coincidence. Valve embarrassed one of the untouchables and this really feels coordinated. Valve is a company with its "open" platform one of the last few remaining ungated digital wild west for games and entertainment. Minimal censorship, no ESG, no globalist filter. It directly threatens global tech monopolies and disrupts narratives. Steam is one of the last bastions for decentralized, player-sovereign, anti-fragile gaming... Gaming has been one of the largest disruptors of the globalist "script" largely giving rise to the current populist surge.

@justalexoki It's not like i hated mosquitos enough already...

this must genuinely be the worst time in history to be schizophrenic

@leashless Incredible detail.

@ComputerPoet Oh look he’s surrounded by oil droplets!!!

@demystifysci Time to make my algorithm weird again. Followed.

tonight at choir some new lady came to sing with us, and while I was making chitchat, she asked what I do. always a hard thing to explain but I tell her I search for the theories that are going to be popular fifty years from now. she chuckles cynically, and says it's impressive that I think humans are still gonna be around fifty years from now. I, of course, cannot help myself, and let her know that even in the worst case scenario it'll be ok, because there's a theory that human populations declined to something like 2000 individuals at some point. she has not heard of the theory. I mention that there are other reasons to be optimistic, too. it's entirely possible that there have been global civilizations on the planet already. has she heard of the ancient megalithic structures built just after the last ice age? What, like Stonehenge? Oh, no, way older than that, I tell her. They built these crazy temples full of carvings and ceremonial images like 12,000 years ago. No one knows how they learned to do that. I can see the fear in her eyes. I think of telling her about haplogroup x, another compelling line of evidence for there being a missing piece in our story about human timelines. I decide against it. the conversation ends. she does not ask what the podcast is called