Fatman

The most demoralizing chart you will see today

I have not seen anybody talking about what’s going on in Canada right now. This man was pulled over and told by police that he had to come with them because a psychiatrist labeled him “certifiable.” No paperwork, no rule of law, just a doctor saying that if he didn’t come with him right then and there that he would be arrested. The fact that a government could do this is terrifying.

@BraedenSorbo So a random psychologist, the least credible field in history, saw him at a cafe and randomly certified him without any actual interaction and they just took her word for it and dragged him in for evaluation? Damn that country is cooked.

This is the type of stuff they would have in the newspaper when Joe Biden was president.

What if the west isn't the villain they told you it was? We’ve spent years accepting accusations about racism, intolerance, and slavery without challenging the bigger historical reality: The societies most condemned today are also the ones that led the world in ending slavery, expanding rights, and building the most tolerant nations on earth. That’s the conversation nobody wants to have.

In 1980, we had one regulator for every 11,000 people working in financial services. Today, it's closer to one regulator for every *75* people. Bureaucrats always create more rules and always work to expand their powers. The idea that we can "regulate for growth" is ludicrous.

BREAKING: A woman in Texas was arrested after making a Facebook post warning others about the poor water quality in her town.

They hate you for noticing the pattern. During the Summer of Floyd, a Black, drug-addled career criminal died while resisting police after committing a crime, and whole cities burned while we were lectured endlessly about “racism.” Now Henry Nowak, an 18-year-old White first-year student at the University of Southampton, is stabbed multiple times by Vickrum Digwa, a Sikh man carrying blades under Britain’s sacred multicultural laws. Henry was walking home after celebrating with his university soccer team. He was not some violent thug. He was sober enough to be under the legal driving limit, in good spirits, sending videos to his friends, and simply trying to get home. Digwa stabbed him in the chest and in the back of the legs as Henry tried to flee. Neighbors heard Henry crying that he had been stabbed and was dying. When police arrived, Digwa played the race card, called Henry a “drunken racist,” and the officers believed him. Henry told them he had been stabbed. One officer replied, “I don’t think you have, mate.” Then they handcuffed him anyway. He died after telling police he could not breathe. He bled out in the street while his killer stood there, shielded by the very system that should have saved him. The same political class that screamed for years over Floyd now falls silent. That silence tells you exactly whose lives matter to them, whose do not, and why they hate you for noticing.

truly disgusting.

@MacrostratPB @snoforum22

Hi @macrostratpb I've submitted my add request

@BSBG0731 @Jimmyjude13 @bennpeifert Absolutely. Too arrogant.

@Jimmyjude13 @bennpeifert he’s so politically outspoken to an even unhinged degree sometimes I found it hard to believe he could remain objective in these sorts of circumstances and not let it cloud his judgement..seems hard to believe that wasn’t the case

I know peeps will dunk on @bennpeifert tonight over this but props to him for taking a shot and building a firm to trade his vision. This can happen to any of us taking serious risk, the glory is in the comeback and we haven't seen the last of Ben.

@sdav1986 @kkmaway 100%. He’s an arrogant pussy

Have you noticed that in nearly 10 years, not one journalist has ever asked Barack Obama why he spied on Donald Trump?

So funny that for California governor, the Democratic Socialists of America endorsed billionaire Tom Steyer, whose resume includes Stanford MBA, Morgan Stanley, Goldman, private-equity, and hedge-fund founder whose firm invested in private prisons and coal.

The parasitic criminal class that really controls this country is obviously rushing in an almost panicked manner to install all the architecture for the surveillance prison state they have planned for everyone. Massive data centers being pushed on communities left and right, military grade surveillance cameras popping up everywhere and the whole globally coordinated digital ID push. Nobody asked for any of this and nobody wants it, yet it’s all happening at lightning speed with zero public input.

@taobanker @profplum99 be killin it

$ARKK has a 12 year track record of making money Can any Simplify products claim this?

@urosnoetic @_10delta_ What this means, “Treasurys stop being the foundation of monetary stability and become the collateral layer for a global private bank run”

How the hell is ushering treasury-backed free banking a new Bretton Woods? The thesis that dollar hegemony can be built on individual self interest, bypassing sovereigns, is retarded. Allowing stablecoins to produce yield via a loophole will eventually lead to a shadow banking system that damages faith in the dollar. In fact, the greater the increase in demand for yield-bearing stables, the larger the risk of instability. One day, you'll get a run on T-bills and then, guess who's f-d: ordinary Americans. This is completely opposite to monetary sovereignty; it serves to enrich a small group of individuals and passes risk onto the majority, i.e., it's moral hazard. In this new system, Treasurys stop being the foundation of monetary stability and become the collateral layer for a global private bank run. And don't expect sovereign nations to just sit idly and let this happen. Many will be incentivized to implement national firewalls just to impose capital controls on Internet money. Bye-bye, information superhighway.

Clarity Act is now poised to accelerate the “Bretton Woods 3.0” framework that I’ve talked about. The yield “ban” is cosmetic & simply something for banks to tout as a victory. It bans stablecoins from paying you interest for just holding them: the way a savings account does. But it explicitly allows stablecoins to pay you rewards for using them: buying things, lending, providing liquidity, participating in any program.. Now consider that those rewards can be calculated based on how much you hold & for how long. I think that’s what we just call interest, but it will now be rebranded under a new name. So, the implications: - The fact that there is now a carve-out for stablecoin yield will accelerate the Bretton Woods 3.0 system. If the ban had been real (no yield in any form) there’s no reason for anyone to hold stablecoins over a bank account. Stablecoin adoption would flatline (especially in Developed Markets) & Bessent’s $3.7T target would be hard to achieve. This carve out keeps the incentive to hold stablecoins, which keeps the growth flywheel spinning. - CBDCs can’t compete. No central bank would design its digital currency to pay activity based rewards calculated by balance & duration (too close to monetary policy). However, dollar stablecoins can. So in every market where a CBDC competes against a $ stablecoin, the dollar product is economically superior. The Clarity Act now guarantees that advantage persists. - The dollar now goes global without permission. The new text allows platforms to pay incentives for payments, remittances, & settlement activity using stablecoins. That’s a subsidy for global dollar adoption funded by private companies (not taxpayers). Meanwhile, increasing Treasury demand in the background. For example, a Filipino worker now gets a rebate for sending remittances in USDC. There’s an additional incentive for him to now transact in stablecoins, which, unbeknownst to him, purchases American debt behind the scenes. A win-win for global stablecoin users & the American economy (fiscal situation). The compromise looks like a ban. But it’s actually a growth mandate. As I’ve stated, the US government needs stablecoins to scale because it needs someone to buy its debt. Bretton Woods 3.0

@MoonOverlord @Crave132 Isn’t there a supply overhang of ~40% total supply without any clear unlock schedule?

@Crave132 its early people have not done the math on what $3B-$4B-$5B a year of buybacks look like

I thought hyperliquid would be similar to binance and that itll have a bybit and various other exchanges thatll do well along side it but think it may become more of a robinhood that has 10 different verticals of revenue where they basically dominate everyone else to the point nobody can compete, what is the bybit to robinhood comparison? feels like it doesnt exist we're already seeing this with wallets, basically every crypto wallet now has HL integrated as their default perp relayer / choice theres probably another 20 startups that were supposed to do something with stocks onchain / stock perps and hip-3 finished off most of those TradeXYZ just today added pre-ipo markets which basically takes out ventuals entire platform and hip-4 (prediction markets) will polish off anyone not named polymarket and maybe kalshi

She is the daughter of evolutionary biologist David Sloan Wilson. He was a close colleague of mine and a friend. However, once I expressed disdain for Obama and Pelosi, he publicly explained that I had lost my humanity, and he was hoping that I would find it again. We've not spoken since. I was a great guy and scholar until I expressed a political opinion that was "heretical." I then became a subhuman. This is coming from an individual who support the Party of Empathy.