Steven McClurg

At first I hated the redistricting going on across the country. Then I changed my mind. The redistricting requires splitting up "safe" seats for political agendas, on both sides. This makes for more narrow races in new districts which is bad for incumbents who have "served" for too long. Bring it.

The biggest theme from Consensus was stablecoins. Everyone and their mother were pitching a stablecoin. Newsflash: only about a half a dozen will make it. If you have to raise capital to build one, you have already lost. Pivot. Large institutions with balance sheets to build and then seed them with $10B+ are the "winners".

I was waiting for the trigger to prompt rapid development of tokenization of assets We have our trigger

Prediction markets have several issues: 1) it is an insiders game. Most events have people profiting from the outcome that have information you do not have 2) lack of true regulation means most of the insiders will not be caught I expect prediction markets to be short-lived, and degens will move to the next thing

@_phoenixha @CommerceLivePod @colindougherty @ecommcowboy yes

Did I just take over @CommerceLivePod @colindougherty @ecommcowboy ?

We are thankful

Vegans: "Drinking cow's milk is unnatural!" Great point. So instead of pulling on some teats for thirty seconds, we've developed a twelve-step industrial alternative. Step one: grow almonds in California, a drought-afflicted state currently depleting an aquifer that took twenty thousand years to fill. Step two: ship them to a processing facility. Step three: soak them in water. California water, specifically, because almonds need 15 gallons per ounce and California is already rationing. Step four: pulverise them into a slurry. Step five: filter the slurry through fine mesh, discarding most of the actual almond in the process. That was the bit with the nutrition in it. Gone now. Step six: add more water, because the resulting liquid isn't watery enough. Step seven: add sweeteners, because it tastes of nothing. Step eight: add emulsifiers, because it separates in six minutes otherwise. Step nine: add synthetic vitamins, because all the natural ones left in step five. Step ten: add seed oils, because we apparently learned nothing. Step eleven: homogenise, degas, pasteurise, and sterilise the mixture until it resembles no food that has ever existed in nature. Step twelve: put it in a carton with a picture of a field on it. The cow: stands in a field. Makes milk. Has done this for ten thousand years. No factory. No steps. No aquifer. Unnatural, though. Very unnatural.

Who is the best crypto transactions group out there right now? For accepting crypto in e-commerce transactions

Congratulations to @jmmognetti and all my friends at Coinshares! Big moment!

Great information. First step should be Congress ending all "corporate support"

It is costing Americans much more than $400mm per day. We consume about 375mm gallons of gas a day alone, and the average increase a gallon is $1.16

4-year cycle is still alive This is the part of the cycle where even the larger mining cos (and now DATs) begin selling their BTC to cover operations and amass cash for future infrastructure improvements (or in this cycle, ai compute buildout/transition)

Interest rates will continue to rise due to US market risk Mortgage rates will exceed 7% again very soon Gas prices will exceed $4 for an extended period of time, despite outcome of war Democrats will sweep in midterms I will dig deeper into this in my upcoming macro paper

This is the best ad @Delta could ever place. Unfortunately, most of Congress will just fly on jets supplied by their lobbyist.

Thank you for saying this. Finally a sober person running a major blockchain foundation.

Blue Owl…Blackstone…Blackrock…Cliffwater…Morgan Stanley…Deutsche Bank…. “Don’t worry, it’s idiosyncratic…” “Just don’t ask for your money back!” “Gotta go, Jamie Dimon is calling me.”

@LizClaman @RepFrenchHill Read pg 3 of the Jan 30 issue of @GrantsPub titled "Ratings Hammer Falls"

I'm hearing a lot of discussion about how the stampede out of private credit is 'irrational' but who ever said that in times of trouble markets stay rational? 3pET House Financial Services Chair @RepFrenchHill w/me LIVE on the threat the lightly regulated private credit co's pose as investors flee.

Here's to twining with @JanvanEck3

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