Andy ∞ ICStats

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Andy ∞ ICStats

Andy ∞ ICStats

@icstats

Internet Computer- News, Stats #caffeinator #IC #ICP

Katılım Eylül 2021
848 Takip Edilen3.6K Takipçiler
Tom Harwood
Tom Harwood@tomhfh·
Labour best case scenario: Andy somehow wins in Makerfield. Wes does a deal with Andy and Ange. Starmer agrees transition timetable. Andy coronation. Labour worst case scenario: Andy loses in Makerfield. Keir blamed. Post by election bloodletting more severe than post-locals. Wes finally declares. Competitive contest: Wes, Miliband, Rayner all tear chunks out of each other. Everyone is damaged and party sinks deeper in the polls. Farage laughs all the way to Downing Street.
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OhShii Labs
OhShii Labs@ohshiilabs·
Not to be biased, but the objective data backs it up: it's retail that's been doing the selling. The market simply hasn't assigned value to ICP yet, and some longer-term holders have lost patience after several years, which is fair. The market rewards different things, otherwise it would be impossible to explain how memecoins reach market caps dozens of times higher than projects shipping real infrastructure. And we're not talking about performance here; that's where you could fire back with "but other tokens aren't as inflationary." We're talking market cap, where supply is already baked into the math. What's actually happening on the adoption side: - Pakistan Digital Authority signed an MoU with DFINITY for a sovereign Pakistan Subnet: national-scale AI, in-country data, a national messenger app, 1,500 Caffeine licenses - Switzerland deployed a sovereign subnet weeks earlier - DFINITY × UNDP partnership on Universal Trusted Credentials, piloting in Cambodia with plans to scale to 10 countries What that means for value: -Sovereign cloud deployments = multi-million-dollar compute lock-in per nation -Each sovereign subnet = perpetual, non-speculative ICP burn -UN-level legitimization is something ETH and SOL simply don't have at the nation-state layer Honest comparison: - Solana: zero sovereign deployments - Ethereum: zero significant sovereign deployments - ICP: multiple confirmed sovereign deployments and pilots This is exactly the kind of traction the crypto market isn't pricing in, because it reads as "boring infrastructure" vs. "memecoin pump." But it's also exactly what institutional capital looks at. Now the honest counterpoint, because pretending otherwise would be cope: Ethereum Classic had the same tech as ETH and stayed near $20 while ETH ran to $4,500. Bitcoin Cash shared BTC's foundation and never recovered. Litecoin was supposed to be "silver to Bitcoin's gold" and has been stagnant for years! Fundamentals don't automatically translate into price. Narrative, timing, and market structure matter. But the asymmetry on ICP, actual sovereign-scale adoption that no other L1 has, is the kind of thing that, if it ever does get priced, doesn't get priced gradually.
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Malcolm Reavell @auchentrachle.bsky.social
No, Neil, you are the one displaying economic illiteracy of Trussian proportions. The UK govt creates and spends money into existence. It sells bonds to drain excess reserves its prior spending created. Not a penny is “borrowed”. The markets need bonds. Govt doesn’t need markets.
Andrew Neil@afneil

This is economic ignorance of a high degree, even for my old mate Diane. If you don’t want to be ‘dominated’ by the bond markets then don’t borrow £3 trillion from them. Be honest with the people and explain how your idea of socialism will entail EVERYBODY paying a shed load more in tax. If you can’t do that then you will be in hock to the bond markets. It’s as simple as that.

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(((Dan Hodges)))
(((Dan Hodges)))@DPJHodges·
Kemi Badenoch nailing Keir Starmer. Labour MPs looking at their shoes.
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marymyhope
marymyhope@marymyhope2019·
@GeraldAnd4729 Interesting the number of older men pissing their pants about this. lol
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Nick
Nick@DogPaxman·
@hazel_haywood @lewis_goodall It’s eccentric and interesting. The quality won’t improve with them gone. Replacing them with political flops from the commons as favours.
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Lewis Goodall
Lewis Goodall@lewis_goodall·
Kemi Badenoch notes that this is the first parliamentary session in history without the hereditary peers. She laments it. She's right to lament, but for the wrong reason. It's a political and democratic embarrassment it's taken this long.
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Alex Wickham
Alex Wickham@alexwickham·
BREAKING: Top investors warn Britain faces a Liz Truss-style bond market revolt if Labour ousts Keir Starmer Michael Pfister, FX strategist at Commerzbank: “The goal of a balanced budget is likely to falter should a less fiscally conservative candidate take over. And in recent years, we have repeatedly seen situations where the British government bond markets came under pressure and the pound followed suit. This time, the situation is unlikely to be any different.” Cathal Kennedy, senior UK economist at RBC Capital Markets: “I think this morning there is a 2022 feel toward this, with the Prime Minister carrying on as normal while all indications show he has lost his authority in the party.” Craig Inches, head of rates and cash at Royal London Asset Management Ltd: “The market is now pricing almost four rate hikes for the UK which it can’t withstand. Whoever replaces Starmer will not be able to borrow more money via gilts regardless of what they say.” Mohit Kumar, chief economist and strategist for Europe at Jefferies: “Any replacement would likely be left-leaning and be negative for the long end of the curve and the currency. We maintain our steepeners and short position in sterling.” Jordan Rochester and Evelyne Gomez at Mizuho: “We’ve been looking for 10 year UK gilts to sell off towards 5.15% by year end for quite some time, but this political drama accelerates the timeline, and we could see a move toward 5.20% until the political situation is settled and/or 5.35% in extreme stress.” Laura Cooper, global investment strategist and head of macro credit at Nuveen: “Gilts are increasingly behaving like a real-time referendum on fiscal and political credibility, aggravated by the recent move higher in oil prices.” Roger Lee, head of equity strategy at Cavendish: “Even if Starmer resigns the political uncertainty is unlikely to end as internal rivalry within the Labour Party ramps up. To stabilize the gilt market the government may have to commit to the fiscal rules and the only candidate seemingly prepared to do that is Wes Streeting.” James Athey, fund manager at Marlborough Investment Management Ltd: “The last thing that Gilts needed was weakness in the US treasury market. Now we’ve got potential for the ceasefire to collapse, the US doing some fiscal expansion all on top of the utter domestic shambles that is UK politics.”
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Andy ∞ ICStats
Andy ∞ ICStats@icstats·
Dim because a successful wedge has been driven between the old and young. Another division based on 'identity'. And one that we are greatly poorer by because of its corrosive effect on the cohesion of society. Also I agree the triple lock is unaffordable but so is also much of welfare in general. I'm 57 btw.
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Pete Gabitas
Pete Gabitas@prgres·
@icstats @bluesbreaker2 @DPJHodges Dim because you don't agree? I'm 55, I'm under no illusions about getting old but that doesn't make it a good thing that so much of our politics is aimed at keeping pensioners happy. The pension is by far the biggest welfare benefit drain, the triple lock is unsustainable.
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(((Dan Hodges)))
(((Dan Hodges)))@DPJHodges·
People are underestimating the significance of today's statement from the affiliated unions. For them to do this on the day of a Labour King's Speech is incredible. He who pays the piper...
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Pete Gabitas
Pete Gabitas@prgres·
@bluesbreaker2 @DPJHodges If it tips the balance away from parties relentlessly having to woo pensioners, then it might not be such a bad thing. Triple lock anyone?
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Pete North
Pete North@FUDdaily·
Essentially, Labour has put Britain into a political stasis for the next three years. There's nothing in their policy cupboard that won't make matters worse, so their only option is to do nothing much. That's as good a reason as any for retaining Starmer. He is the perfect man for the job. A bland, visionless functionary will go through the motions until it's time to call an election. Too bad the rest of us just have to watch the country burn - just because Labour is too dishonourable to relinquish power they have no idea how to use.
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Andy ∞ ICStats
Andy ∞ ICStats@icstats·
@LizWebsterSBF @alexwickham @Vert_Galant 'unelected' this is your bias talking. The markets are doing what they're doing because they're a market, not a coherent body of people. If we hadn't borrowed so much, squandered it and then buried our head in the sand to avoid the only solution, we wouldn't be in this mess.
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Liz Webster
Liz Webster@LizWebsterSBF·
@alexwickham @Vert_Galant City investors are threatening a Liz Truss-style gilt revolt if Starmer is replaced by anyone less fiscally conservative. This is modern Britain: unelected markets dictate policy.
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Youwillownnothingandbehappy
Youwillownnothingandbehappy@Youwillownzero·
@williamnhutton @Keir_Starmer needs to do 3 things asap: get rid of Red Ed. Net zero is a real driver of the cost of living. He needs to sack Reeves & reduce basic income tax for workers and reverse NI increase for Emp and abolish tons of useless quangos to restore democratic accountability.
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Will Hutton
Will Hutton@williamnhutton·
The cabinet and PLP need to keep their heads. Ousting Starmer now will mean a G. Election in 12 months which will be a rout - Farage’s long game. Starmer needs a political ‘quad’ like the Coalition government’s to make better political judgements. Buy time and political space.
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Tom Harris 🇬🇧
Tom Harris 🇬🇧@MrTCHarris·
@williamnhutton @AlanOlive1 Talk us through how a government with a majority of 170 and three years left of this parliament can be forced to hold an early election, Will? What's the process?
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Andy ∞ ICStats
Andy ∞ ICStats@icstats·
A loveless landslide. Obvious at the time as was the inevitable downfall. Labour elected because they weren't the Tories on a nebulous and not challenged policy platform. The diametric opposite of what is required to get the country back on its feet. This was always going to happen.
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Julia Hartley-Brewer
Julia Hartley-Brewer@JuliaHB1·
@ShippersUnbound TBH I’ve never really worked that out either but apparently some TV and radio stations ask him on to give for his views. It’s a mystery for the ages.
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Andy ∞ ICStats
Andy ∞ ICStats@icstats·
@implausibleblog @BpsmithUk You're tying yourself in knots because your hero's halo slipped a little. Stop press, this will happen again. Don't put people on pedestals, it will always come back and haunt you and greatly diminishes your believability.
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Farrukh
Farrukh@implausibleblog·
Agreed, he wasn't a spokesman and he has apologised for using that specific word But the implication in The Times article was that he wasn't associated or affiliated with the British Red Cross And the point of my sharing this post is that while he may not have been an official spokesman, he did indeed volunteer for many years at events talking about and supporting fundraising for the British Red Cross So what was meant to be something similar to Rachel Reeves saying she worked at the Bank of England for 10 years, when it was actually 5 years, is nowhere near the scale of the current Chancellor misrepresenting her career ZP at least had the integrity to apologise and correct the record RR has not
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Farrukh
Farrukh@implausibleblog·
Left: The Times, "Zack Polanski falsely claimed to be British Red Cross spokesman" Right: British Red Cross paid staff who managed the fundraising events says Zack Polanski was on stage representing the British Red Cross at multiple events over many years
Farrukh tweet media
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