
utøpia
936 posts

utøpia
@utopia0x
The main thing to understand is that we are imprisoned in some kind of work of art.


A minor benefit of lunar exploration is it makes people at Vice miserable. Ad Astra!






Yes. Because of juiced stock market returns and over a decade of low interest rates / playing the spread, the rich have run out of stuff to buy. It’s maximum conspicuous consumption at the top. It’s vulgar and invites if not incites more Luigi events.










Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k. What did I miss? I was far too optimistic about the US coming to its senses about sensible cryptocurrency regulation; why would policymakers want to facilitate tax evasion and illegal activities? Second, I did not appreciate how Bitcoin would compete with fiat currencies to serve as the transactions medium of choice in the twenty-trillion dollar global underground economy. This demand puts a floor on its price, as I discuss at length in my new book Our Dollar, Your Problem. Third, I did not anticipate a situation where regulators, and especially the regulator in chief, would be able to brazenly hold hundreds of millions (if not billions) of dollars in cryptocurrencies seemingly without consequence given the blatant conflict of interest. cnbc.com/2018/03/05/bit…























