Video Length Clue
Leads to Cue-Drop 21
I’ve dumped some crumbs like this over the weekend which started the intense shilling. At this point we are far enough along you can paint the picture without risk of jeopardizing the operation
... https://t.co/5lLOlivTsk
— General Flynn (@GenFlynn) December 24, 2020
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Which metric is a better predictor of the severity of the fall surge in US states?
1) Margin of Democrat victory in Nov 2020 election
or
2) % infected through Sep 1, 2020
Can you guess which plot is which?
The left plot is based on the % infected through Sep 1, 2020. You can see that there is very little correlation with the % infected since Sep 1.
However, there is a *strong* correlation when using the margin of Biden's victory (right).
Infections % from https://t.co/WcXlfxv3Ah.
This is the strongest single variable I've seen in being able to explain the severity of this most recent wave in each state.
Not past infections / existing immunity, population density, racial makeup, latitude / weather / humidity, etc.
But political lean.
One can argue that states that lean Democrat are more likely to implement restrictions/mandates.
This is valid, so we test this by using the Government Stringency Index made by @UniofOxford.
We also see a correlation, but it's weaker (R^2=0.36 vs 0.50).
https://t.co/BxBBKwW6ta
To avoid look-ahead bias/confounding variables, here is the same analysis but using 2016 margin of victory as the predictor. Similar results.
This basically says that 2016 election results is a better predictor of the severity of the fall wave than intervention levels in 2020!
1) Margin of Democrat victory in Nov 2020 election
or
2) % infected through Sep 1, 2020
Can you guess which plot is which?
The left plot is based on the % infected through Sep 1, 2020. You can see that there is very little correlation with the % infected since Sep 1.
However, there is a *strong* correlation when using the margin of Biden's victory (right).
Infections % from https://t.co/WcXlfxv3Ah.
This is the strongest single variable I've seen in being able to explain the severity of this most recent wave in each state.
Not past infections / existing immunity, population density, racial makeup, latitude / weather / humidity, etc.
But political lean.
One can argue that states that lean Democrat are more likely to implement restrictions/mandates.
This is valid, so we test this by using the Government Stringency Index made by @UniofOxford.
We also see a correlation, but it's weaker (R^2=0.36 vs 0.50).
https://t.co/BxBBKwW6ta
To avoid look-ahead bias/confounding variables, here is the same analysis but using 2016 margin of victory as the predictor. Similar results.
This basically says that 2016 election results is a better predictor of the severity of the fall wave than intervention levels in 2020!
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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.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
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.