My team and I are reading through the omnibus bill today - all $1.7 trillion and 4,155 pages of it.
Follow along for some of the most egregious provisions in the bill ⬇️
1. TWITTER FILES: PART 7
The FBI & the Hunter Biden Laptop
How the FBI & intelligence community discredited factual information about Hunter Biden’s foreign business dealings both after and *before* The New York Post revealed the contents of his laptop on October 14, 2020
The end of corporate journalism is now in sight.
If you want a quick writeup, ChatGPT will do it faster.
If you want original reporting, Twitter will do it cheaper.
And if you want serious fact checking, on-chain analysis will do it better.
Citizen journalism will win.
Rent-seeking Middlemen on a single credit card transaction👇
Card Issuer
Issuer Processor
Gateway
Acquirer
Acquirer Processor
Card Networks (Visa, etc)
Fraud Tooling
PCI Compliance companies
(& more)
... because of all that friction, #Bitcoin is setup to come in and win here.
What is the true cost of a credit card payment?
@abitcoinperson explains all the middlemen and rent-seekers that sit between you and the products you buy with credit cards.
Lightning fixes this.
“Following recent events in the crypto market,” the Canadian 🇨🇦 Securities Administrators released an update today that will impact the entire crypto landscape in Canada (exchanges, custody, stablecoins, etc).
Four key takeaways:
I highly recommend these podcasts:
@joerogan - still & always the GOAT
@hardcorehistory - history
@hubermanlab - health & science
@theallinpod - tech & friendly banter
@darknetdiaries - security & cybercrime
I listen to many other good ones, but the above are always great!
Something I've noticed in the past is episodes of low 30-day realized volatility have coincided with lows in the crypto market...
The magic level in BTC is 20%... every time it got there it was the cyclical low or preceded a larger leg higher in an early bull market. 1/
I strongly disagree. Forcing your pronouns upon others when they didn’t ask, and implicitly ostracizing those who don’t, is neither good nor kind to anyone.
As for Fauci, he lied to Congress and funded gain-of-function research that killed millions of people. Not awesome imo.
“Lightning Node Operator” is the most important job title of this decade.
But when it comes to running a node, 99% of bitcoiners have no idea where to start.
Here are 10 routing tips for beginners:
Powering a rural Kenya village and securing the #Bitcoin network with excess hydropower, all while lowering rates to 2000 people (500 families, ~$10/month to $4). 🇰🇪 @GridlessCompute
1/6) The good, the bad and the ugly of cryptocurrency:
The ugly; Matic's & Arbitrum's admin keys can steal all user funds! A total value of over $2B!
Chainlink's admin keys allow for the manipulation of its price oracles, which are used across DeFi
Putting over $40B at risk!
Reflecting back, the real injustice is against the firms that didn't partake in any rehypothetication or flywheel trades, and thus grew much slower than their peers during the bull mkt
Their biz models looked much weaker than otherwise bc they had to compete w flywheelers
The bond market seems to be signaling that the Fed is making a serious mistake. At -80 basis points (as measured by the 10 year vs 2 year Treasury yields), the yield curve is more inverted now than at any time since the early ‘80s when double-digit inflation was entrenched.