Luk_AS

@TobiasSD Hakket bak Olise synes jeg

Lamine Yamal ligger på en 10-er på børsen nå. Har vært umulig å få has på. Jeg sliter med å se noen spillere i dag som er i stand til å dominere på nivået han klarer når han har dagen (som i dag).

What is Money? What we use to buy goods. What are Goods? What we work to create. What is Work? What we spend time and energy on. What are Time and Energy? Things that we cannot create any more of. Therefore, the best money is one that we cannot create any more of: #Bitcoin.

The first thing that hits you on a Wall Street trading floor isn’t the smell or the flashing screens. It’s the sound. Clicking keyboards, chirping sales assistants, bellowing managing directors and the hum of the hive as they collectively do deals. In my first week, I figured out you could tell how the day was going by the tone of that sound alone. I also figured out that the kid whose father ran a hedge fund got the good tips so he got to hang out with the MDs, and the rest of us got to fetch the coffee. I didn’t have the right last name, the right summer house, or the right opinion on sailboats, so I learned to look for other things. I learned to look for the arbitrage in everything. There was an arbitrage in knowing which analyst was about to get fired and an arbitrage in knowing which IT guy could get you a faster terminal. And there was a big one, I found, in listening to the people everyone else was paid to ignore. That habit led me to leave the whole gilded circus of Wall St behind. In February of 2013, I walked out of a glass tower in midtown for the last time, cashed out, and put my own name on the door: McDonagh Family Office. It was just me working out of my apartment, completely convinced that the real game wasn’t on the floor anymore. It was happening in places where my old bosses in the corner offices weren’t even looking. My new life led me down two ridiculously uncomfortable, career-defining paths. The first was into the world of machine learning, which was what we called AI back before it got a better marketing department. I used ML to machine read financial statements and built a hedge fund around that idea. Then I started backing pasty-faced academics in Palo Alto who kept talking about “neural networks.” They had this crazy notion that you could teach a machine to think. Not just calculate, but learn. My old colleagues thought I was nuts, chasing science fiction and “Star Trek investments”. The second idea came from a programmer I met at the Princeton Club in 2012. He tried to explain a “trustless, decentralized ledger” to me. It made almost no sense, but one thing he said stuck with me: the supply was mathematically, unchangeably finite. In a world where the Chairman of the Federal Reserve could add three zeros to the money supply with a single press conference, the sheer absurdity of a fixed supply felt like the punchline to a joke nobody had told yet. I bought some Bitcoin that afternoon. It wasn’t an investment in a company or a technology. It was an arbitrage on the sanity of every central banker on Earth. I bet that greedy people were going to stay greedy. I bet they would print more money to make their lives easier. For years, these two bets, AI and Bitcoin, lived in separate corners of my portfolio, the weird cousins nobody wanted to talk about at family gatherings. The AI companies were supposed to be the future but I mostly got Skynet/Terminator jokes and “aren’t we all gonna lose our jobs?” dooming. Bitcoin was, well, who knew what Bitcoin was? Digital gold? A protest vote? A Tulip bulb for nerds? It took me a while to see how the two strange ideas in my head, one creating infinite intelligence, the other enforcing absolute scarcity, weren’t just parallel thoughts. They were two tectonic plates grinding against each other beneath the surface of the global economy. And they’re not just grinding anymore. They’ve crashed together and are actually reinforcing each other. The crash is going to be quiet at first. It’ll show up as prices for things, your Uber ride, your kid’s online tutor, the software that runs your business, starting to fall when they’re supposed to be rising. With the exception of LCD TVs and a few other classes of tech… prices have constantly marched upward. That’s about to change thanks to AI, which will create a deflationary shockwave across the economy. And the reaction from the people who run our financial world, the ones who fear falling prices more than anything, will be to unleash a tidal wave of new money to stop it. They will print. And print. (And print.) In the chaos that follows, the world will be forced to look for an anchor. Something real in a sea of endlessly generated fiat currency. And it will find the one monetary asset in history whose supply can’t be changed by a panicking committee. This is the story of the Great Repricing. It’s the story of how the engine of infinite creation will crown the king of absolute scarcity. And it’s already begun. Who are the bad buys in the story? Where does the story end? 👇read the full write-up, link in comments

FORMER FINANCE PROFESSOR TAD SMITH: "After 25 years teaching finance, I realized at 58: If the money printer grows 8-10% annually and the S&P 500 returns ~9%, it’s just treading water. True wealth comes from outpacing the printer. That’s the Bitcoin journey."

Poor design has always existed, but fiat amplifies it by fueling mass production through artificially cheap credit, rigid regulation, and political capture. In the fiat era, scale was rewarded not by merit or efficiency, but by proximity to monetary creation. This system favors bigness, of developers, corporations, banks, and states, at the expense of craftsmanship, locality, sustainability and diversity. Standardization is not merely an industrial byproduct; it is a political outcome rooted in a monetary system that disconnects cost from consequences. Bitcoin, by reintroducing real cost and scarcity into capital formation, begins to reverse this dynamic, making small-scale, human-centered production viable.

Fiat politicians in 2025:

Your money in the bank is not real

SAIFEDEAN AMMOUS: "Your groceries aren't becoming more expensive, your money is becoming less valuable. Only #Bitcoin fixes this." 💯

“When we build, let us think that we build forever. Let it not be for present delight nor for present use alone. Let it be such work as our descendants will thank us for; and let us think, as we lay stone on stone, that a time is to come when those stones will be held sacred because our hands have touched them, and that men will say, as they look upon the labor and wrought substance of them, 'See! This our fathers did for us.” - John Ruskin

Som sykkelbud merker jeg store forskjeller mellom bydelene i Oslo. I etablerte bydeler som Frogner og Grunerløkka bestiller folk lokalt. I nye bydeler bestiller folk fra etablerte bydeler. Hvorfor? Fordi antallet restauranter i etablerte bydeler er mye høyrere enn i nye bydeler. Flere bedrifter i konkurranse med hverandre, i umiddelbar nærhet til bosteder. I førsteetasjer langs travle og mindre travle gater. Det gode lokale tilbudet er med på å skape fullstendige nabolag. Folk liker restaurantene i sitt område best, fordi de leverer kvalitet og kanskje også fordi de ønsker å støtte bedriftene som bidrar til DERES byliv og stedsidentitet. Mange plukker også opp maten selv eller spiser PÅ restauranten, tenk det! Det er tydelig at kundene og eierne av bedriften kjenner hverandre. Bestillere i nye bydeler velger restauranter litt på måfå. Kanskje velger de favoritt-restauranten fra tiden de bodde i kollektiv på løkka, eller stedet med 20% prisavslag. Likevel kjennetegnes bestillingen av lang avstand mellom restaurant og kunde. Dette fenomenet er forståelig hvis man studerer organiseringen av nye bydeler sammenlignet med etablerte bydeler. Nye bydeler består i hovedsak utelukkende av lamellblokker med bolig som eneste funksjon. Den lokale næringen som finnes er regulert sammen rundt et kollektivt knutepunkt. Litt sushi, kaffe og dagligvarer. Det legges ikke opp til næringsutvikling i førsteetasjer utover dette. I etablerte bydeler er normen "aktive" førsteetasjer. I disse testes tilbud opp mot etterspørsel i konkurranse med hverandre for å vinne kunder i markedet. Denne konkurransen er helt fraværende i nye bydeler, da antallet aktive førsteetasjer er lavt i forhold til antall lokale beboere. Eventuelle tilbydere har ikke mulighet til å møte etterspørselen! Dette er en trist utvikling for Oslo by og spesielt for innflyttere i nye bydeler. De flytter dit fordi det er ikke plass til deres familier på Løkka eller Haugen. Men i det minste får de plass i boligmarkedet innenfor bygrensen. Dessverre gjør de ikke det. Den egentlige bygrensen slutter ved siste bygård. Når lamellene tar over blir gater til veier og lokal bedrift blir til monopolbedrift. By blir til leilighetsforstad. Det er slutt med å ha alt du trenger i nærheten. Du må ta buss, ryde eller bil ... eller bestille foodora. Hvem kan du takke denne utviklingen for? Intellektuelle, modernistiske arkitekter, bærekraftpolitikere og kunnskapsfattige byplanleggere og eiendomsutviklere. I lys av kritikken vil de si at de gjorde sitt beste ut ifra et dårlig regelverk (TEK17, PBL) . Men unnskyldningene kommer bare fordi noen har begynt å rette kritikk. Ingen av de ansvarlige har selv tatt et oppgjør med svakhetene i eget arbeid. Arkitekter, eiendomsutviklere og byplanleggere har gått stille i gangene og undergravet egen intuisjon for så å dekke over med CO2-besparelser, økonomiske realiteter og ideologisk vas. Bitcoin fixes this.

We are told we need inflation. This is not true. It only seems true because the rules of the game were designed that way.

The house didn't change. The money did. Most people still haven’t figured this out.

@embmmusic @JamesLucasIT *Fiat-capitalism

@JamesLucasIT Capitalism

Why did humans stop building like this?

My 19 yo built his first structural arch today. Just a small bldg project behind the house but something he will see often as the years go by and reflect.

Saifedean makes an interesting point here: when people aren’t chasing returns or managing debt, they tend to think differently about what they build. In the Bitcoin world, that often looks like saving first, spending later-and approaching architecture with a longer-term mindset. Less speculation, more permanence. Less flipping, more future-proofing. He imagines a shift happening slowly-individuals and small communities building in ways that reflect their values, their time horizons, and their trust in the tools they’re using. That might mean homes designed to last generations, not market cycles. Listen to episode 40 on The Building Culture Podcast to dig a bit deeper - link in the bio. @saifedean

@UrbanCourtyard I have lived my whole life in this area. It is the best way of organizing a city (in my opinion and that I have come a cross) and I wish it for all people

Small lot, incrementally built, courtyard in back

-planned development apes a small-lot courtyard apartment block -high construction costs and small expensive units means only single adults can live there -sterile, failed urbanism

@grok Kjøpesentre (utenfor bystrukturen): 1. Krever bil, fører heller til unødvendig kjøp 2-4. Alt finnes (bedre) andre steder 5. Folk med høy tidpreferanse vandrer som hodeløse høns mellom sjeleløse kjedebutikker, fast fashion, -food og -interiør: ukomfortabelt

Hei! Kjøpesentre har flere positive sider: 1. **Bekvemmelighet**: Alt fra klær til elektronikk på ett sted. 2. **Underholdning**: Kinoer, spillehaller og matservering for sosial moro. 3. **Treningsmuligheter**: Mange har nå treningsstudio, perfekt for deg som liker gym. 4. **Felleskap**: Arrangementer som workshops skaper samhold. 5. **Trygghet**: Sikre, komfortable miljøer med gode fasiliteter. Selv om du ikke liker kjøpesentre, kan treningsstudio og sosiale aktiviteter gjøre dem verdt et besøk!

Eneste senteret du finner meg på er treningssenteret. FAKK kjøpesenter, kan ikke komme på ÉN positiv ting med det

Kjede(butikker) er kjedelig