James
814 posts

James
@jamesduffx
Built some companies you never heard of. Retired young. Dabble in investing, but mostly spend my time pursuing my interest and optimizing for freedom and joy.
Seoul, Republic of Korea Katılım Ağustos 2010
463 Takip Edilen622 Takipçiler

@1PunchBran @ToxicAlldaylong Did…did you just right click save this dudes lifestyle?
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James retweetledi

In honor of @halfin and the #ALS community, we’re now accepting most types of cryptocurrency including @Bitcoin & @Ethereum to END ALS. Donate today: als.org/crypto
#CryptoGivingTuesday #GivingTuesday
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@EndTheFUD @jimmysong @Bquittem @lopp @mindfulknowing MBTI's 4 categories roughly correlate to 4 of the 5 aspects of the Big 5. So you're spot on about Bitcoiners being high in openness and low in agreeableness (N and T), though there seems to be a pretty even split between high and low conscientiousness (J vs P).

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1/ Quick thread on how Bitcoiners differ from the general population (Myers-Briggs)
TL;DR Bitcoiners are quite different from gen pop.
Chart made by @mindfulknowing

Brandon Quittem@Bquittem
What's your Myers-Briggs? (I'm an INTP) Curious if there are any obvious trends with Bitcoiners.
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James retweetledi

@muneeb @nic_carter Reminds me of Diogenes of Sinope:
"When someone later brought up this incident in an attempt to shame Diogenes, he responded that yes, it was true that the people of Sinope had sentenced him to exile, but added that he in turn had sentenced them to remain in Sinope."
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“Countries don’t ban Bitcoin. They only ban themselves out of the Bitcoin network” — @nic_carter
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James retweetledi

@gannonbreslin @APompliano I just relentlessly laid on the couch and scrolled Twitter for an hour and a half.
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@APompliano I just relentlessly ate chicken parm for dinner
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clients don't actually own stocks
can't withdraw entitlements / claims
hard to audit
hard to locate risk
multiple claims to the same stock
yes, blockchain-based assets DO improve on this paradigm.
yes, rebuilding finance from scratch IS a good idea
Compound248 💰@compound248
Margin accounts are Wall Street's way of denoting lending accounts. Practically speaking, in margin accounts, the client does NOT own *any* securities. Rather, margin account holders "own" a promise from their broker. Yay.
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@JamesonCamp @Wildingp This is your problem.
Caffeine's half life is 6 hrs, so drinking 4 cups of coffee at noon is like chugging a cup of coffee at midnight before trying to go to sleep.
Try to cut down to 1-2 cups per day and stop 12 hours before bedtime. Or just accept the tradeoffs.
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@BitcoinMises @jratcliff @GrandMoffMerkin I think this is how Unchained Capital does it. I haven't used their services, but was also looking into this.
unchained-capital.com/collaborative-…
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1 Bitcoin = Tesla Cyber Truck
I am convinced @elonmusk is buying #Bitcoin since his conversation with @michael_saylor

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@banjoivan @ken_swymer @DavidSacks Right, the difference is that we have a choice of many web hosts. A lot of people can't choose another ISP.
Social network services fall somewhere in the middle, since Metcalfe's law makes them extremely difficult to compete with without a ton of investment capital.
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@jamesduffx @ken_swymer @DavidSacks But I also think you can’t compel a private hosting company to host a terrorist website if they don’t want to
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@RaemondBW @_JimB @Suhail Broadcasters could decide to not broadcast their tweets. It would be similar to terrorists using email, or hosting a web page. The technology itself is neutral.
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@jamesduffx @_JimB @Suhail I don’t think that will work. What would you do for this case? Terrorists have joined the platform and are radicalizing members through custom moderation algorithms that they distribute to their users.
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@RaemondBW @_JimB @Suhail The difference is users would be able to choose their own content moderation algorithm between multiple competing options; it wouldn't be forced upon them.
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@jamesduffx @_JimB @Suhail Oh it’s definitely doable. You have to be careful to not fall into the traps we have seen exploited for the last 5+ years. Content moderation is clearly important and decentralization makes that much more difficult
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@ken_swymer @DavidSacks Should ISPs be able to decide which websites their customers are allowed to visit?
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@DavidSacks Respectfully disagree here. Private companies , old & new, tech or newspapers are not required to allow everyone on their platform. A newspaper 100 years ago not publishing your op ed or a tech company not allowing your app isn’t limiting free speech.
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@_JimB @Suhail @RaemondBW It could be on an open standard, similar to RSS. Anyone could run a broadcast node, and you could publish your tweets to multiple broadcasters to make sure you're not censored. Messages PGP signed.
There could be multiple clients so you could customize your viewing experience.
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@Suhail @RaemondBW How would decentralization of Twitter work? I imagine there’d be multiple platforms similar to email clients, each with their own rules, or none at all. How would it not become like email at that point, & isn’t having everyone in one place part of the reach and power of a tweet?
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@delvin_baronof @iamjosephyoung Korean gov going to start taxing crypto capital gains from Jan 2022. May be one factor.
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@GS_CapSF @profplum99 @SantiagoAuFund And I actually don't think it's a sure thing. I just think it's a very strong asymmetric bet where the potential upside is 10-100x the potential downside. I'll take that bet any day.
And at this point, I do think the odds of it succeeding are very high.
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@GS_CapSF @profplum99 @SantiagoAuFund Government ban is probably the biggest remaining risk. But there are plenty of other countries who would take a crypto friendly approach to benefit from an influx of newly minted millionaires and crypto companies.
BTC's price would definitely dip, but I don't think it would die.
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