@drgurner @NewsWire_US Imagine how much good you could achieve with a monopoly on violence.
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Mark Lassiter
16.7K posts
Mark Lassiter
@Gh4nder
Rugged Individualist #Bitcoin
United States Katılım Ağustos 2011
5.5K Takip Edilen1.9K Takipçiler
@NewsWire_US Imagine the high speed rails, tech (autonomous cabs, etc), upgraded education system, and what this investment in society could bring.
We could be living in the future.
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@NewsWire_US Governments are monopolies on violence.
This is what taxes are for.
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@Rajatsoni If you use the dollar or pay any US federal taxes you are funding it.
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If you own S&P 500 index funds, you are benefiting from the war with Iran
You are profiting from death and destruction
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If you want more tax revenue, stop driving away the people who generate it.
You don’t get more revenue by raising rates and vilifying success. You get it by creating conditions where people produce more in the first place.
Lower rates, broader base, more growth.
But parasitic envy and economic illiteracy won't allow that.
Punish success, and it leaves. Then you’re left taxing less, not more.
Based Jessica@RealJessica
New York Gov Kathy Hochul is begging wealthy people who have moved to Florida and Texas to come back to New York and pay taxes. 🤣 "I need people who are high net worth to support the generous social programs that we want to have in our state. Now, there are some patriotic millionaires who stepped up. OK, cut me the checks if you want to be supportive, but maybe the first step should be go down to Palm Beach and see who you can bring back home." "I have to look at the fact that we are in competition with other states who have less of a tax burden on their corporations and their individuals. And I would say remote work changed everything." "There were people who could only work in an office in Manhattan and work in New York state. And they were captives to our state, they were going to stay. We saw that that's not the case. Wall Street businesses looking at Texas, they're not going there because they have a nicer governor. They're going there because of the tax rate."
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Thought experiment.
If Strategy bought all of the bitcoin in existence, what would the total network value be?
Zero.
Networks are valued based on their *distribution*.
Strategy accumulating bitcoin is neutral at best, but likely bearish.
:)
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Because of science:
Water doesn’t kill you.
Scratches aren’t fatal.
Dentists stop pain fast.
Food lasts through winter.
200 years ago?
None of this was normal.
Life expectancy doubled.
Not luck. Science works.
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@chasedownleads I told Claude to build only the features I use and cancel my Microsoft subscription.
Microsoft no longer owns me.
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I gave Claude a list of the 1,000 largest software businesses in the world
"Copy all of these" I told it
A few hours later, it finished
I now own Salesforce, Microsoft, and Oracle
Companies worth over $10 trillion combined
And it only took half a day and a few bucks in compute power
Why isn't everyone doing this?
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@seungminkim I see lots of people in this thread still struggling to understand that governments are monopolies on violence.
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WASHINGTON (AP) — Pentagon tells Congress the first week of the Iran war cost the US $11.3 billion, an AP source says.
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@MuldoonMartin @davidharsanyi Old enough to know the social security system is already underfunded and over-subscribed.
I am no longer participating.
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Probably an unpopular opinion, but billionaires tend to do lot more good for society with their money than the government.
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@MuldoonMartin @davidharsanyi Social security is poverty.
Almost everyone gets back much less than they paid in.
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@davidharsanyi No they don't. Social Security keeps Millions of retired people out of Poverty. And no... Billionaire tax dollars didn't do that.
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@adamtaggart With or without robots, I will leave the moment bombs start dropping within 50 miles of me.
There is not a government on earth worth fighting for.
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HONEST QUESTION
If the armies of the future will be comprised of robots & drones/unmanned vehicles, when one side's robot army loses a war...will the people of that country accept the result peacefully, or will they also take up arms against the enemy?
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@themgmtconsult I don't think you guys understand what $1B looks like during hyperinflation.
It will happen in your lifetime.
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Breaking news: "$1B one person" companies will never exist.
Solopreneurship is a deeply dishonest framing.
There are no solopreneurs. There are no organizations that will reach such mythological scale with one person only.
Individuals can own these companies, make substantial decisions in them, set directions for them, etc but they will always need employees and/or freelancers to expand.
AI won't change that, but it may shift the balance towards "fractional" support (just to use an en vogue terminology) rather than full-time.
No "Claude 1billion" tool will reverse this.
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Americans used to elect very intelligent people to federal office.
Now we elect the dumbest people ever imaginable.
Can anyone explain how we got here?
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Same can be said of bitcoin. It’s going to be a series of revolutions that unfolds over decades and keeps disrupting again and again in different ways. Not a one and done.
Dwarkesh Patel@dwarkesh_sp
Gutenberg invented the most important technology of the millennium and immediately went bankrupt — and so did the bank that foreclosed on him, and so did his apprentices. Gutenberg could make a batch of 300 books for the cost of one, but there weren't enough buyers in his small, landlocked village in Germany. It it took the better part of a century of further innovations, social changes, and setting up of distribution networks before you could have a pamphlet like Luther's 95 thesis get from Wittenberg to London in 17 days.
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I just got a letter in the mail.
The IRS is planning to put a lien on my Bitcoin.
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@MadisIT @GuntherEagleman That sounds pretty much right wing to me.
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You say Bukele is right-wing.
Bukele says: "Everybody knows I'm a left-wing person and I've said it before. I believe in the state intervention. Of course in our country we need more socialism"
And if you don't trust the words, look at the actions: increased state involvement in all areas of economy through more regulation and public spending (has incremented >250% the public debt during his tenure, laws that regulate and require permission for everything from cutting down a tree on your land to producing AI services), "free" handouts (paid water and electricity bills, obligatory 25th bi-weekly salary, school uniforms, laptops, etc), centralized planning of the economy (building hospitals, schools, roads, energy generation), redistribution of wealth (public pensions, healthcare, subsidized transportation and agriculture)
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🚨 BREAKING: Epic handshake in Florida!
President Trump just greeted El Salvador’s iron-fisted, right-wing President Nayib Bukele with a firm shake at the Shield of the Americas meeting.
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If passed, NY would enforce S7263 mainly through private civil lawsuits under the new General Business Law §390-f.
Any user harmed by "substantive" AI advice (e.g., medical diagnosis or legal counsel) in the listed professions could sue the chatbot operator ("proprietor") for actual damages—plus costs and attorney fees if the violation was willful.
No disclaimers absolve liability. It's complaint-driven via NY courts, likely prompting operators to filter or limit access for NY users. The bill is still on the Senate floor calendar, not yet law.
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