James Wester

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James Wester

James Wester

@jameswester

Analyst and writer covering tech, payments, and crypto. Expect opinions on baseball, culture, Saturday morning cartoons, and breakfast cereals. I run slowly.

DFW, TX Katılım Ocak 2009
4.8K Takip Edilen8.3K Takipçiler
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James Wester
James Wester@jameswester·
Life can be very difficult sometimes. This is my dog eating a cucumber. You’re welcome.
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James Wester
James Wester@jameswester·
@nickgillespie That is one of my favorite factoids about Texas road trips: Halfway from Texarkana (furthest east in Texas) to LA is still in Texas. But I never knew anyone (until now!) who had done it!
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James Wester
James Wester@jameswester·
@GenTXer2 The current recommended starting word for Hard Mode is now LEAST. I find it works pretty well. (It was CLASP but changed sometime in June.) Also, the Wordlebot is a jerk.
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GenTXer2
GenTXer2@GenTXer2·
Out of curiosity: For those who play WORDLE, what is your starting word? My current word is "STEAM" but thinking of changing.
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James Wester
James Wester@jameswester·
I have been in this business for a very long time, and I still forget how to answer dynamic currency conversion prompts. ("Wait. Which do I choose? Yes? No?) The rule of thumb is if they do work for you now ("dynamic"), you pay for it.
Patrick McKenzie@patio11

Attempted to get USD from a Japanese debit card at a U.S. ATM (yeah, weird even for me) and was presented with a screen clearly designed to bamboozle a tourist into paying 13.5%, and thus will repeat the industry advice: if a machine asks you if it can convert currency, answer No

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James Wester
James Wester@jameswester·
@patio11 This is a good primer. I still forget and just click through without thinking.
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Patrick McKenzie
Patrick McKenzie@patio11·
Attempted to get USD from a Japanese debit card at a U.S. ATM (yeah, weird even for me) and was presented with a screen clearly designed to bamboozle a tourist into paying 13.5%, and thus will repeat the industry advice: if a machine asks you if it can convert currency, answer No
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James Wester
James Wester@jameswester·
Sam Neill. "I would like to have seen Montana." Maybe the best last words of a character ever. RIP.
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Master@Coinmaster100x·
@jameswester laws can be followed and still debated
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James Wester
James Wester@jameswester·
For those who seem to forget: It's not a "loophole" if it is exactly as the law intended. No one is exploiting a "loophole" if they are following the exact letter of the law. What you are talking about is a law you don't like. (And you may be right to not like it.)
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James Wester retweetledi
Jeremy Allaire - jerallaire.arc
Today is a historic day for Circle, and I think symbolic of a much bigger evolution in the architecture of the emerging internet financial system. Circle has received final approval from the OCC to operate as a national trust bank. We have been granted a charter for First National Digital Currency Bank, NA. Over 10 years ago, as we were forging the concepts of Circle, we believed a new kind of national bank would ultimately be needed to issue full-reserve dollar digital currency. This was before USDC even existed. The vision was clear: a new base layer of money on the internet would be necessary, and for it to reach widespread use, it needed to operate under national banking supervision. Years later, after launching USDC and achieving strong product-market fit, I wrote that we sought a charter for a full-reserve digital currency bank. Then, through a half-decade of work with policymakers and regulators, we saw the GENIUS Act codify into federal banking law a framework for these safe, efficient, and technologically superior digital dollars. Launching and operating as Circle National Trust, we will offer custodial services for digital assets, including stablecoins and other tokenized assets, held to the highest standards afforded under Federal national trust bank supervision. As the GENIUS Act approaches full implementation in early 2027, we are now poised not only to be supervised by the OCC, as required by law, but to bring critical components of USDC's operation and reserves into this structure. This is all part of building a new fundamental money layer for the internet. A layer that can scale from an AI agent paying another AI agent in fractions of a second for fractions of a cent, to retail transactions, to investments, trading and lending, to the largest wholesale transactions between global systemically important institutions. All of this needs a form of money and regulated infrastructure that can support the entirety of this new internet-native economic system. A new architecture for money on the internet has arrived. It is now being hardened into an edifice the world can trust and build on. We are thrilled to be the first of a new cohort of firms establishing this kind of banking infrastructure. Jeremy
Jeremy Allaire - jerallaire.arc tweet media
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James Wester retweetledi
James Wester
James Wester@jameswester·
Highly recommend this piece by @rosehorowitch. And I also highly recommend not reading any of the replies to @DKThomp because it will break your heart. (It's scores of people arguing about the death of reading who have clearly not read the article on the death of reading.)
Derek Thompson@DKThomp

The Atlantic’s new cover story by @rosehorowitch is absolutely definitive on the end of the age of reading in America—and the emergence of a new post-literate age in modern life Some core facts and anecdotes: 1. Reading is shrinking. The share of Americans who read for pleasure declined by 43 percent between 2004 and 2023. While Americans might see more words than ever—between all those texts, posts, emails, and captions—less than half of Americans read books, anymore. The average sentence in NYT bestsellers are one-third shorter than a century ago. 2. Americans can swallow words and sentences, but they’re losing the ability to think deeply about writing that’s longer than an Instagram post. Nearly 30 percent of American adults cannot paraphrase or make inferences from a multipage text. In 2017, that number was less than 20 percent. 3. It’s worse for the young. Fourth- and eighth-grade reading scores have slid for the past decade. From 1984 to 2025, the percentage of 13-year-olds who said they rarely or never read for fun rose from 8 to 29 percent. 4. “Every year older a child gets, the less they like to read”: Most high-schoolers consider reading for pleasure an alien practice. Margaret Rennix, Harvard’s assistant director for humanities and social-sciences support, says some students view reading as an unnecessarily burdensome way of acquiring knowledge. “By asking them to read,” she said, it's as if “professors are arbitrarily withholding information from students by forcing them to get it through this more difficult medium.” theatlantic.com/magazine/2026/…

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David Weigel
David Weigel@daveweigel·
The point here about what books *are* selling is so depressing. People walk past Roth and Faulkner and Bellow to read YA Elf Slop IX: An Elven Wedding theatlantic.com/magazine/2026/…
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James Wester
James Wester@jameswester·
I just finished a spreadsheet that has taken months. It has multiple sheets and a lot of interconnected lookups and formulae. I just tested it, and it works. This is what it must be like for recording artists to hear a final mix and think, "That's a hit." Except really dull.
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James Wester
James Wester@jameswester·
I sat for entirely too long trying to figure out what regulatory agency the "SCCOP" is. Regardless, this is good news if it can be passed soon.
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