based16z
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WSJ out today with the anecdote to my point below.

John Arnold@johnarnold
If you can’t convincingly articulate your edge in a market, whether sports betting, prediction markets, stocks, commodities, or whatever else, trading may provide some entertainment but you’ll almost certainly lose money over the long term.
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CLARITY Act Stablecoin Yield Rules Finalized: 'Go Time' For Crypto Bill zerohedge.com/crypto/clarity…
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Nathan For You level performance
Wall Street Rollup@WallStRollup
Andrew Ross Sorkin challenged GameStop CEO Ryan Cohen on how $GME has enough financing to acquire $EBAY
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💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 $USDT (999,627,500 USD) minted at Tether Treasury
whale-alert.io/tx/tron/5bfc0c…
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Since 1965, life expectancy in the USA has increased by 7 years.
We gained:
2 years from smoking
1 year from cutting leaded gasoline (Insane that was a thing)
1/2 a year from cleaner air
1/2 year from safer cars
And we lost 1 year from obesity.
That leaves roughly 4 years gained from healthcare. And around 3 years of that is from better heart disease treatment, which is only 10% of US healthcare spending.
We spend 20% of GDP on healthcare.
Do the math and we spend 15%+ of GDP on healthcare to gain 1 year of life expectancy. There is no way in hell that is worth it. People are better off opting out of US healthcare entirely.
Fraud is not an unrealistic word to use. However, most of the people involved probably do have good intentions and think they're helping people. But the truth is quite the opposite, the healthcare industry is hurting Americans in a serious way.
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