BC CRYPTO
Saved by @CodyyyGardner

1. You also have to give them a landing. It's tempting, I know, to take the pent up rage out on the only ones who respond to you (like @ProjectLincoln!) or Never Trumpers like @RadioFreeTom or @BillKristol bc they were "guilty" in the past or "waited too long" like @WalshFreedom

 2. but at each of the big inflection moments where Trump lost support I've begged non-Rs to consider the fact that if Trump supporters see that they have nowhere to go, they will stay w the only people that DO accept them, & the price might actually be the collapse of democracy
3. which, until Weds, some people thought I was being hyperbolic about. I WASN'T! When the MAINSTREAM of a major political party divorces themselves from democratic norms & values & its supporters turn to a fictionalized world to justify their political party's actions, your
4. country's stability is at risk & one by-product of poor messaging on the Dem side is that extremism on the Right was able to not only take root in the Rep Party, it was able to take OVER the R party & become the party's mainstream- pinnacled w the presidential win via the EC
5. of Donald Trump, w/o the GOP paying any electoral price for their extremism. A healthy Rep Party might have found the courage to reject Trump's nomination & accept the short term costs that would have come w refusing to endorse his 2016 candidacy. But the Rep Party of 2016
6. was already quite "ill" w polarization & hyperpartisanship & was winning elections despite their extremism, which was never highlighted as a campaign issue even while the still-mod Ds were being erroneously classified as a party of socialists & communists in an increasingly
7. strident & intense right-wing media environment that was also being echoed in GOP campaign materials. Together, this environment was radicalizing the GOP electorate- dehumanizing Democrats & artificially inflating the stakes of campaigns to the point that GOP voters began to
8. become increasingly radical. The chickens came home to roost in the 2016 Rep primary when Donald Trump decided to run. His candidacy tapped into all of the dark undercurrents GOP politicians, media figures, and campaign strategists had been playing w- a fire that burned out of
9. control bc party primaries attract very small electorates and thus can advantage more ideological candidates although traditionally- the best known, best financed candidates win. Trump was a celebrity, that was very imp to his success.
10. Ironically, it was a commitment to pluralism & democracy by party leaders in that cycle who felt that since the voters chose Trump, their choice had to be honored w the party's nomination even though our poll of VA Reps in April of 2016 found shockingly high receptivity
11. to a brokered convention- w somewhere near 50% of surveyed Rs supportive of it, & maybe even higher though I can't recall what the exact % was except that I was floored by it- it played a big role in my falling into the trap in '16 that Trump was such a threat to democracy
12. there might really be more than 10pts of crossover Rep voter support for the Dem ticket in VA (there wasn't though- in the end HRC received almost exactly the modal 10pts of R crossover vote here & it was the LAST time I ever believed in crossover voting >10pts in prez
13. elections aside potentially the weirdo states (WVA, MD, MA) & ever so slightly AZ, where we HAVE seen some >10pts crossover I suspect is due to McCain Rs but which has really only emerged post Trump's actual win. Having been studying polarization as a grad student & doing
14. my dissertation on polarization, along w other scholars I was watching polarization & hyperpartisanship tear through the GOP like a wildfire- seeing its moderate wing get completely wiped out in just a couple of election cycles via ideological primaries till the people being
15. called its moderates were the people that 2 cycles ago had wiped out the moderates! And political scientists, empowered w a amazing quant tool called NOMINATE were showing the world the asymmetry between Rs & Ds- the ideological purge was only happening on the Right
& now anyone can use the NOMINATE tool bc its been put into an easy app on a site called Vote View (I used to have to make little gifs w the raw data to show Congress moving apart which did make me look cool on the job market!). Voteview is an amazing tool- very user friendly
16. which I've posted often on here & am putting here again so you can check it out. I'm also showing you the distribution of members in the 103rd and 116th Congresses. Each dot represents a member of the House or Senate(red Rs, blue Ds) & you https://t.co/0FGUaFjhKe
17. can see how the members are distributed relative to each other very differently over the two+ decades (earlier decade on the right) You'll note the space in the middle where there are no dots have grown and that in the images on the left, the most current session of Congress,
18. there are red dots that touch the cap of the "egg" when there weren't ANY that did so (or even any in that area of the graph!) in the Congress from the 1990s. Generally, after the end of segregation in the South, we only interpret the left/right part of these graphs but you
19. might notice, there is variation of the members on a Y axis too and NOMINATE produces 2 measures of ideology for each member with the one running on the X axis understood to be the liberal/conservative dimension and the only one used. BUT bc the data includes all members
20. of Congress & all non-unanimous votes from the 1st Congress till the current day a 2nd dimension (Y axis) exists for everyone although the belief is that the Y axis is non-interpretable beyond 1960s when segregation ended & race stopped being an explicit issue coming before
21. Congress. Don't forget, until recently, the GOP was at least pretending to be racially liberal by voting en masse to renew the Voting Rights Act every time it came up & only when Trump came along did it move from dog whistle politics to full bullhorns on race & ethnicity
22.(though the dog whistles were PLENTY obvious to anyone that chose to see them). So, the Y axis placements are generally not interpreted but is included so it can be plotted. These 2 congresses are separated by about 25yrs but are WORLD's apart in terms of the
23. voting behavior of men & women serving in the House & Senate- which serves as a proxy for ideology here. NOMINATE is nice bc it doesn't do what the websites that attempt to classify members ideologically does which is to make subjective determinations regarding various votes,
24. often choosing particular bills to include. NOMINATE is not subjective- it includes ALL votes & the program doesn't even know its coding votes or legislators- all it sees is a series of 0s & 1s and is concerned w how those 0s & 1s interact w each other, spatially. Its really
25. smart! Whether its capturing member's sincere ideological preferences or not, one thing is clear, it documents significant behavior changes in our Congress over what we argue is the polarized era AND verifies that the change is primarily isolated in the GOP. I threaded on
26. today bc the super pac launches Monday and is focused on drawing attention to the radicalization of the Republican Party- from the top (electeds/leaders) the bottom (average Rep voters) & how that has destabilized democracy in the US- placing continued stability of democracy
27. at threat. BC Trump was assisted so widely with his effort to steal the 2020 election by his Rep Party peers- including congressional party leaders who went so far as to hold that charade of the certification of the EC vote under the false premise of potential election fraud
28. the threats we are facing will extend beyond Trump's tenure in office & will require Americans to be diligent and aggressive in fighting the GOP, trying to force the party back to the mainstream. Along w the pac, I'll be releasing an analysis of polarization via my @substack
29. @The__Cycle expands on the topic of this thread, shows that the Rep Party has polarized significantly over the past couple decades and is significantly more radical than the Dem Party. It is very important that the American public be brought up to speed as to what is at stake
30. in the 2022 midterms- winning 2020 will not be enough and people who wish to see America navigate this dreadful period need to buckle in- the work is just beginning. Happily, what we've seen from GA is the deep well of possibility!

More from Rachel "The Doc" Bitecofer 📈🔭🍌

Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c
Rachel "The Doc" Bitec...
@RachelBitecofer
1. When I hear @clairecmc talk about Dems learning to talk to the Piggly Wiggly crowd, I hope she'll want to join/help w my moderate messaging electioneering overall for Ds effort. BC its CRUCIAL to understand- Ds & outside groups tried already to cater to these voters on the

2. persuasion. That in fact, this cycle was the product of a very concerted effort of that strategy driven by high profile data firms on the D side (many of which who've been critical of my work) & it was a complete and total failure for 2 reasons. The main 1 is that it wants

3. to ignore the effect that polarization is having on voter behavior & the limitations that is placing on certain electioneering techniques that USED TO BE EFFECTIVE and are now not. I want to make something really clear- it is only in places where at least 1 element of the D's

4. operation "went rogue" that Biden pulled out wins: GA, where Abrams made electioneering about turning out the new coalition, AZ, where the AZ state party did the same, but with Latino voters, MI & WI where the state parties put into effect base-centric voter turnout strategies

5. at odds w the party's conventional playbook to focus on turnout, and/or places where concentrations of the D's new coalition: college-educated whites + minority voters (and young voters) are so high (like NE 2) that sub-par strategy doesn't matter, turnout surges are naturally
POLITICS
Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c
Rachel "The Doc" Bitec...
@RachelBitecofer
1. Friends, yesterday we released a sample ad of what how @StrikePac will message against the GOP. Frustratingly, voters were never approached which the frame of the Rep Party's collapse into extremism in the 2020 cycle aside from work from outside groups like @ProjectLincoln,


2. @MeidasTouch, @votevets & other "super pacs" which are essentially grassroots funded organizations that are making use of the "super pac" designation to electioneer. Organizing as a super pac actually affords groups a great deal of flexibility to perform pro-democracy work

3. so despite the "ewww, yuck!" factor of that designation, not all SP's are, in fact, evil entities (other than the fact that so many of you I wholly support a fully publicly funded system w very strict limits & honestly, a 30 day electioneering window per cycle which would

4. decimate a multi-billion $ industry BUT do a great deal of work to save our democracy & that type of system, by the way, is BY FAR, the norm among western democracies. Ours is literally the Wild West of electioneering systems and if there is 1 "fix all" reform that would have

5. the greatest & most immediate impact on pulling our democracy back from the precipice of our democracy it would be a fully publicly funded, tightly regulated election/campaigning system. We don't have one of those right now & if we ever want to reach the majorities that could
POLITICS
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Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c
Rachel "The Doc" Bitec...
@RachelBitecofer
1. Ok, I'm liking @RepSeanMaloney

"I sure as hell didn't win 5 Xs as a gay guy in a Trump district"

Much more imp he just correctly pointed out that even liberal MSNBC gives the GOP a major assist by constantly talking about Defund the Police, socialism, & intraparty fighting

2. and @JoeNBC is right, in my "modernized moderates" plan, you have to have these candidates go on offense. Its CRAZY that @SpanbergerVA07 is defending her record as a moderate when she's running against an ideologue in Nick Freitas.

If you ask the wrong questions & ask them

3. the wrong way, the evidence & data will screw you. Such as it did in 2020 because there is no reality in which Dem congressional/senate candidates were well-served by pulling out all their registration and in-person voter contact while the GOP was doing it. It was a bold

4. decision that someone, looking at the weak or inconsistent findings of research on effects of GOTV and esp the diff between in-person and "remote" forms and decided "you know, there is likely no diff from in-person and remote & in fact, remote you can contact WAY more people."

5. And the fact is, maybe this is right. Maybe the Ds total bomb on the congressional map has nothing to do with the decision to suspend the field programs of the House & Senate campaigns. Maybe. I'll be interested in the analysis when the voter file is updated I'll be looking at
TRUMP
Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c
Rachel "The Doc" Bitec...
@RachelBitecofer
1. The hot take that "D's need to learn to talk to the other side of the electorate" is absolutely the WRONG take.

I mean my god. Biden, Lincoln, the outside groups: they threw the best persuasion messaging in the history of persuasion campaigns at them.

What Ds need to do is
POLITICS
Rachel "The Doc" Bitecofer \U0001f4c8\U0001f52d\U0001f34c
Rachel "The Doc" Bitec...
@RachelBitecofer
1. Been excited about @JoeNBC's sustained convo today about @KBAndersen's new book Evil Geniuses: The Unmaking of America which explains how the Republican Party radicalized OVER ECONOMICS over the past 30 years. It was launched w the radical tax cuts in Reagan's presidency, but

2. as the GOP evolved through the 90s & 2000s they became dogmatic about their economic philosophy- until it became a radical litmus test/position the party followed even when conditions screamed for different policy. It was a MIRACLE the party acted to stabilize the economy at

3. at the end of 2008 when it was crashing down around us (though they just barely did & some didn't and that's bc it was before the Great Purges of 2010,2012, & 2014). America doesn't know the hit job the GOP did on the American economy as they dogmatically pursued tax cuts to

4. the exclusion of everything else while denying any policy that could grow wages or improve the economic lives of the bottom 80% aside from the 2 or 3 times Ds managed to squeeze through policy while in charge (minimum wage increase in 2007-which was the 1st time in a decade

5. and now, of course, its been another decade. It's actually a miracle wages (all wages bc when the min wage is artificially low it affects all the wages above it, that's how you end up w $10 per hr EMTs & teachers) aren't even more out of wack w inflation. As @JoeNBC points out
ECONOMY

More from Crypto

\U0001f42e Mikko Ohtamaa
🐮 Mikko Ohtamaa...
@moo9000
1/ Welcome to #DeFi Wednesday.

Let's talk about how interest-bearing cash on a blockchain is going to revolutionise boring corporate treasury management that concerns every company is is a larger business than all crypto trading in the world.

Enter the thread

👇👇👇


2/ Blockchain community is often seen as toxic maxis and redditors who shill other their weekly favourite shitcoin in the hope of getting Lambo.

Sometimes we also do things that progress humanity towards the better future and interest-bearing cash is one of those things.


3/ Less chad and more things that actually matter:

My incomplete theory of interest-bearing cash is also available also as a blog post:

https://t.co/uiG0fZiVyu

It is 15 pages. Pick your slow poison or die fast by continue reading here.

4/ First time in the history we have an ability to create interest-bearing cash-like instruments.

Interest-bearing cash ticks up dollar (euro) balance real-time in your wallet.

Here is a demonstration using @aaveaave aDAI, based on @makerdao DAI, and @TrustWalletApp


5/ Interest-bearing cash is not like your bank's saving account. Your money in a bank is not yours, but bank's. There are some flaws in the current banking system causing a headache for Chief Financial Officers (CFOs)
CRYPTO
Thetamind
Thetamind
@thetamind37
The new age of privacy, and the crypto ecosystem that will enable it.

A Thread.
$XHV $SCRT $RUNE
1/

Throughout my research, @HavenXHV The Haven protocol renewed my faith, that privacy wasn't just a temporary trend, but something with actual, sustainability. The creation of a private bank, exchange, and access to real world assets in completely privacy of my own vault. $XHV
2/

Haven's offering to the world, with it's private assets $xUSD $xEUR $xGOLD and xSilver, made me research what else can be done privately, now that I have private stable coin options. My first question was, if I wanted to sell my private assets, how would I do it? $XHV
3/

It didn't take me long before I discovered $RUNE and @thorchain_org and their cross chain liquidity pools and decentralized exchange capabilities. How anyone can offer liquidity and earn rewards and trading fees for doing so. But also,how all trading pairs,are interchangable.
4/

This made me realize that as Thorchain grows in popularity,they will provide the ability for everyone, across the cryptosphere,to trade any coin for any coin. Kind of like uniswap, but cross chain,and outside, yet including, the erc-20 ecosystem. It's uniswap on steroids. $XHV
5/
CRYPTO
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David Schwartz
David Schwartz
@JoelKatz
@VentureCoinist @HypeBillion @MycolePawket If the whole world settled on one stablecoin, I'd agree with you. But stablecoins are always going to be tied to jurisdictions and counter-parties too. So it is unlikely one winner will emerge.

@HypeBillion @MycolePawket Today, one of the roles of the dollar is acting as an intermediary or bridge between currencies. For that role, its tie to the US jurisdiction is both an advantage and a disadvantage. Better US than a worse jurisdiction, but a pure digital asset is better still.

@HypeBillion @MycolePawket Imagine a future (maybe not so far off) where everything is tokenized and you can have your salary agreed in dollars but gold gets delivered to your wallet and you can buy groceries by selling tokenized shares of a REIT.

@HypeBillion @MycolePawket In that world, there will need to be concentrations of liquidity. You can't go from gold to shares of an obscure REIT by finding people who want to go those same shares to gold. The liquidity-concentrating asset likely can't be one country's currency. How could that be universal?

@HypeBillion @MycolePawket So, sure, if you get paid in dollars and pay your bills in dollars, it may make sense for you to use a dollar-denominated stablecoin for short-term holdings and payments. Absolutely.
CRYPTO
XRPatience
XRPatience
@xrpartisan
1/20 Bitcoin is too slow and expensive for payments. We all know this. To solve this problem, the Lightning network is being built on top of Bitcoin's blockchain. Will it be the end of XRP?

(Video version @ https://t.co/7zJCuKrpqx)

A thread. 👇


2/20 On a normal day outside a bull run, Bitcoin takes ~10 mins to transfer, at a cost of about $0.50. Any time network activity ramps up, those times and fees multiply. Bitcoin's Proof of Work system is painfully slow and can only handle 7 transactions per second.


3/20 To attempt to solve this problem, the Lightning Network is being developed. It's a 2nd layer network that sits on top of Bitcoin's blockchain. It's been in the works since 2015. Yes, 6 years. Do you know anybody who uses it? Me, either, but I'll get to that.


4/20 Lightning works by opening "channels" between parties. Those parties can perform as many Bitcoin transactions as needed and then close the channel. Because the transactions aren't written to the Bitcoin blockchain until the channel is closed, it's much faster.


5/20 Individual payment channels between various parties combine to form a network of lightning nodes that can route transactions among themselves. The resulting interconnections between various payment channels is the Lightning Network.
CRYPTO
Oliver Jumpertz
Oliver Jumpertz
@oliverjumpertz
"Blockchain technology is energy-intensive..." => No, it doesn't have to be.

Let's look at Proof-Of-Stake, an alternative to the energy-intensive Proof-Of-Work algorithm.

🧵🔽

1️⃣ A Quick Recap On Proof-Of-Work

A Proof-Of-Work algorithm requires miners to do a certain amount of work that is compute-intensive to gain access to a service or the right to do something. This algorithm, by design, also requires that the work done shall not ...

... be reusable for anything else than what it was performed for. This lies at the core of the security concept of a blockchain. To gain the right to append a new block to a chain and to get some currency as a reward, there is work to be done, and this work must be verifyable.

That work is a race between different miners. Many miners try to compete and to be the first to find the answer to a problem presented to them. This implies that a lot of energy is wasted as only the first correct solution is accepted.

You can find a more detailed thread on Proof-Of-Work
CRYPTO

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Vibhu Vashisth
Vibhu Vashisth
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MAHARAANI TARARANI: THE QUEEN OF MARATHAS

Rani Tarabai was the brave daughter-in-law of Chhatrapati Shivaji and one of the greatest medieval Monarchs India ever had.
She was born in 1675 to one of the bravest commander-in-chiefs of Shivaji's Army named Hambir Rao Mohite.


Tarabai was just 8yrs old when she was married to Shivaji's younger son, Rajaram. Mughals and Marathas were constantly at war with each other. Shivaji was crowned the ruler of the Independent Maratha Swarajya in 1674 which was established by him.


However,the great leader died in 1680&the Maratha Samrajya went into a complete&total chaos.Marathas saw some very tough times ahead. In 1689,when Raigad Fort fell to the Mughal Army of over 15000,Shivaji's first wife Saibai and his elder son Sambhaji were captured&put to death.


Sambhaji's wife and son Shahu were taken prisoners to the Mughal court. During the same battle, Shivaji's second son Rajaram(Tarabai's husband) , who was the heir to the throne now, managed to escape using a disguise. He made his way to the Gingee Fort in Tamil Nadu.


Mughal General Zulfikar Khan, however, followed them to Gingee laying siege to the Gingee Fort. From 1690-1698,This was the longest siege by a Mughal Army of any Fort which stands testimony to the military and diplomatic credentials of Rani Tarabai.
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Patrick McKenzie
Patrick McKenzie
@patio11
So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
LACHIT BORPHUKAN : AN UNSUNG WARRIOR OF THE AHOM KINGDOM & THE GREAT BATTLE OF SARAIGHAT

Originally named as Lachit Deca, Lachit Borphukan, the fierce and invincible Ahom Commander, was born during the early 17th century at Betioni in the Golaghat district of modern Assam.


His father, Momai Tamuli Borbarua was the ‘Governor’ of the kingdom and also ‘Commander-in-Chief’ of Ahom army under King Pratap Singha during his reign starting from 1603 to 1639. Lachit received military training from an early age and joined the Ahom King Jayadhvaj Singha...


...(1648-1663) as a scarf-bearer.  The post ‘scarf-bearer’ or ‘Soladhara Barua’ is considered as a part of the incumbent king’s personal staff. Owing to his military training Lechit was appointed "Ghora Barua", Supdt. of the Royal horses. When Chakradhwaj Singha became king..


..of Ahom dynasty in 1663,he appointed him Suptd. of The Royal Guards &finally he was appointed as Borphukan by the king.Then onwards,he was known as Lachit Borphukan.Borphukan used to be top councillor in Ahom Kingdom. This position was embedded with executive & judicial powers.


Assam was facing incessant Islamic invasion since Jan1662, when Mughal General Mir Jumla II attacked Ahom capital Gargaon. He never defeated Ahom king Jayadhwaja Singha as king retreated to hill &continued Guerrilla warfare.Prolonged fight &prospect of stalemate disturbed Jumla.
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Anshul Pandey
Anshul Pandey
@Anshulspiritual
IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.

It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )

Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )


In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.
RELIGION
Jig's Patel
Jig's Patel
@jigspatel1988
How to trade on Expiry day with Nifty straddle?
(System trading on Expiry)

Triple straddle is one of the best and accurate methods for expiry day

If nifty trading at 15720 then will sell three straddles above 50 points from ATM, below 50 points and ATM.

Ex.
Sell straddle 15700(ATM), 15650(ATM-50), 15750 (ATM+50)

Stoploss of 80% on every leg and run your trade till 3 PM

Once SL hit in any Leg just keep holding other leg till expiry with SL (Never or less chance to hit both SL on expiry day)

Trading timing at 9:20 the Morning
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