Ethan Hackett

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Ethan Hackett

Ethan Hackett

@ethanhackett

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Katılım Nisan 2008
353 Takip Edilen928 Takipçiler
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Ethan Hackett
Ethan Hackett@ethanhackett·
The source of the modern political divide and conflict stems from tremors in the financial infrastructure of the world. The majority of the world/US is largely using pre-1971 hardware with a post-1971 financial operating system. Let me explain... 👇🚨
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NoLimit
NoLimit@NoLimitGains·
Do you understand how insane this is? SpaceX's valuation today nearly equals the combined value of every major US IPO since 2000. The top 13 alone add up to over $800B: Alibaba 2014 ($169B) Meta 2012 ($81B) Uber 2019 ($76B) AT&T Wireless 2000 ($68B) Rivian 2021 ($67B) DiDi 2021 ($61B) UPS 1999 ($60B) Coupang 2021 ($60B) GM 2010 ($63B) ENEL 1999 ($55B) Arm 2023 ($55B) Kraft 2001 ($54B) Visa 2008 ($45B) Add the rest of the major IPOs from the last 26 years (Snowflake, DoorDash, Coinbase, Roblox, Airbnb, Palantir, Zoom, Moderna, Snap, Pinterest, Lyft, and more) and the total lands in the $1.5T to $1.8T range. SpaceX is matching that entire history. One company. One IPO. What usually happens in the months after these IPOs: Day 1 is a hype-driven pop. Then around the 180-day lockup expiration, insiders and early investors finally get to sell. That creates heavy selling pressure. Many of these companies corrected 30-60% as the market shifted from hype to revenue, margins, competition, and execution. Facebook dropped hard early. Uber and Rivian had brutal post-IPO periods. Some recovered strongly years later. Some never did. One private-turned-public company equaling the combined debut value of every major US IPO for the last 26 years. Think about that for a second. By the way, if you truly care about building wealth you need to follow @InTheAssembly We just caught a 100% return on AMPG in 10 days, which is absolutely insane. Follow them right now or you are guaranteed to regret it later. The choice is yours.
NoLimit@NoLimitGains

SpaceX starts trading tomorrow. You know what that means, right?

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NoLimit
NoLimit@NoLimitGains·
Nowhere. The money was never real in the first place. Most of it was paper. You’re welcome.
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NoLimit
NoLimit@NoLimitGains·
Stocks are crashing. Crypto is dumping. Gold and silver have erased hundreds of billions. Here is exactly where all that money is flowing:
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Ethan Hackett
Ethan Hackett@ethanhackett·
@MarkRober we homeschool and my kids love your work so much! My wife and I were talking about self driven learning and I was saying if you created your own education materials/curriculums it could revolutionize self education. So many kids both home and public school would probably be willing to purchase/subscribe as core curriculums or supplementary learning on the side. @crunchlabs should expand into science/math curriculums with you as a teacher/host solo or with experts.
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Ethan Hackett
Ethan Hackett@ethanhackett·
You don't have to agree with any of @cenkuygur perspectives to defend the value and protect open discourse and freedom of speech. There is plenty I've disagreed with but we aught to not fear and restrict allowing people to speak and travel to speak. Let the marketplace of ideas be the proving grounds for thinking. Censorship is cowardice and robs everyone of the benefits of intellectual rigger. This is why freedom of speech is critical to defend as a principle independent of the view being silenced.
HatsOff@HatsOffff

Cenk Uygur announces he and Hasan Piker have been banned from the UK for Israel criticism

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SilverCrusader
SilverCrusader@RichardCabezza·
The nickel is a perfect example of a broken monetary system. As of 5/20/2026, the U.S. Mint has produced 701.8 million nickels this year. Face value: $35.1M Estimated production/distribution cost: $96.4M Loss: about $61.3M A 5¢ coin now costs nearly 3× face value to make. Negative seigniorage! At what point does a coin stop being money and start being government waste?
SilverCrusader tweet media
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Ethan Hackett
Ethan Hackett@ethanhackett·
The collapse of lack of faith in industry and tech is quite a pickle we’re potentially approaching. People don’t understand many products and services they love and depend on are not profitable and rely on investments to survive. If tech AI specifically causes too much doubt on investments we may see capital move away from tech and suddenly tools people use on a daily basis could collapse. And of course the immediate to diminishing investment will be to increase product/service costs. But we won’t be able to cover the simultaneous rising costs across products and services. So they may start to collapse which will strain the system and industries and raise costs and could create a downward looping spiral of loss of faith for investors. I’m not sure what we call this but I think it needs a name….
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Ethan Hackett
Ethan Hackett@ethanhackett·
I also find it insanely ironic that she’s complaining about the marriage of wealth, power and the state and yet she’s an open socialist which is an argument for MORE centralized ownership or wealth, power and government. She doesn’t have a problem with billionaires she has a problem with THOSE billionaires. If the government owns and control over the wealth they become the billionaires. 🙃
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Ethan Hackett
Ethan Hackett@ethanhackett·
Correct. The issue was great Britton was extracting wealth from the people through excessive taxation and the people didn’t have a say on how it’s being used for things they didn’t agree with or benefit from. Now our government is doing the same thing but via money printers so it obfuscates the tyranny and leading accumulation of wealth. People can’t comprehend how being given a stimulus check is actually a tax so they believe they’re becoming wealthier when they’re giving fiat money. Poor people spend it, ie transfer it to corporations for goods and services and then that wealth gets redistributed into corporation growth and earning increasing the profits and valuations of companies. Then wealthy people take out loans against those assets to invest in other corporations. Rinse repeate over an over and the end result is a shrinking middle class and greater wealth divide. Fixing our money would expose the real costs of things. Savers would be rewarded with their real fixed money being borrowed against for those investments instead of bank issuing more dollars. Common every day savors would be rewarded for saving instead of consuming. Capitalism is a great mechanism when it runs on a real relatively fixed money supply, which is what our founding fathers both understood in their rebellion. George Washington wrote to Jefferson about the effects of fiat currency: “Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”
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unusual_whales
unusual_whales@unusual_whales·
"The American Revolution was against the billionaires of their time," AOC has said.
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Ethan Hackett
Ethan Hackett@ethanhackett·
She’s almost right about there beating a system designed to do this. Most people and I believe AOC herself wrongly believe it’s capitalism. It’s actual the Cantillon Effect at play when new money is injected into the market. Specifically in response to Covid stimulus and financial money creation of our fiat money. If your answer to problems is print money you’re also consenting to inflating billionaires wealth at a disproportionate rate. x.com/profstonge/sta…
unusual_whales@unusual_whales

AOC: In the last 5 years, billionaire wealth has doubled. Ask yourself if the quality of your life has doubled.

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Ethan Hackett
Ethan Hackett@ethanhackett·
I mean every transaction is has a buyer and a seller so it’s not like money has to be “going anywhere” Selling an asset to someone else at a price less than the previous price doesn’t mean that money of the higher evaluation went anywhere with just means someone was willing to pay less for it. No seems to ask “where is the money going” when the price is going up. It’s going to the seller. It’s as if people think assets are piles of cash they aren’t. Money from a sale doesn’t have to be going somewhere stable after every transaxtion it actually just go buy anither asset under current current market value. Everything can simultaneously be going down because collectively no one believes any asset is worth equal to or more than its current market value.
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Ash Crypto
Ash Crypto@AshCrypto·
Bitcoin is DUMPING. Ethereum is DUMPING. Gold is DUMPING. Silver is DUMPING. S&P 500 is DUMPING. Nasdaq is DUMPING. Bonds are DUMPING Even the Oil is going down. If everything is DUMPING, where the hell is the money going?
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Adam Taggart
Adam Taggart@adamtaggart·
Yowch -- the precious metals have been getting whacked over the past 2 days Silver futures hit $89/oz 48 hours ago. Now they're $77 That's a painful drop in such a short peroid 😬
Adam Taggart tweet media
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Ethan Hackett
Ethan Hackett@ethanhackett·
So snitch on your neighbor don’t have a bad thought you naughty naughty person. More 1984 style social pressure. The ai will surveil use but your neighbors will inforce it for ai compute access tokens… Compliance will be exchanged for ai tokens . If you have a business idea and need some ai access suuuuuure just do these things for us or we’ll dock your ai token access this week. Think of AI as a giant calculator able to route all requests to it and it routes those tasks all around in lightning speed. You get assigned a task today at 3pm to go sit with old lady Sally, her positivity sentiment score fell below 65 and the ai thinks you brining her a coffee could raise it back up to 70 and you’ll do it to aid the ai for Netflix for the month… Data compute will be the currency. Or that’s how I’d set it up if I was an all powerful and malevolent dictator tech overlord…. Or if the government took over the ai industry and used compute as a digital currency. CBDC ass computer would allow users to exchange CBDC for objects or labor. The AI balances it so that services both intellectual or physical are weighed into account across anyone on the CBDC. Makes sense to me…
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Toby Rogers
Toby Rogers@uTobian·
I assume they are building the 3,000 new AI data centers to enslave and kill us. I just haven't figured out HOW massive warehouses filled with computer servers will be used to do that. AI nanobot factories? AI drone factories? AI bioweapons labs? AI TikTok reels that hypnotize?
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Ethan Hackett
Ethan Hackett@ethanhackett·
People were weirdly offended that others were calling out the experts bs. Doing so required ignoring painfully obvious incongruities in things. Take masks for an example, if wearing two were both safe and effective they would have just made masks twice as thick. But the fact that they didn’t (and still don’t) is a really obvious queue that there is probably a good reason not to. It was the emperor’s new clothes playing out in real time… 🤷‍♂️👑
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Ethan Hackett
Ethan Hackett@ethanhackett·
In other news, a CIA whistle blower explains what was pretty obvious to anyone not dismissing the blatant evidence that was publicly available months into the pandemic… most people were too busy defending “trust the experts” they ignored the obvious.
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Ethan Hackett
Ethan Hackett@ethanhackett·
This is “we’re about to have a conversation about global reserve currency and power on an island that rhymes with Shmeckle Island…” type meeting…
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Ethan Hackett
Ethan Hackett@ethanhackett·
@Codie_Sanchez This is why society at large doesn't feel like most leaders are focused on fixing problems. Those in the know, appear to be more focused on building their own life boats than they are focused on fixing the boat we're all in.
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Codie Sanchez
Codie Sanchez@Codie_Sanchez·
You either own assets, or hope you can keep a job. We are in an asset ownership race.
Codie Sanchez tweet media
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