1) I have a theory on what’s happening in DC right now. Keep in mind, we’re in unprecedented times. To my knowledge, there has never been a time where foreign powers have infiltrated every level of government in the US, down to the State level.
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Caveat: This article is sourced from @Daily_Express !!!
"End of Sturgeon?"
Frankly, an appropriate response from @NicolaSturgeon might be to quote the infamous Mark Twain response to an erroneous 'obituary' known to all...
"The reports of my demise are greatly exaggerated."
https://t.co/Ce1xVVISR2
More accurately, the media have quoted:
"Ms Sturgeon said she had a “real job to do” and was focused on guiding Scotland through the Covid-19 pandemic."
It's very reassuring to hear that @scotgov and @ScotGovFM have prioritised safeguarding lives and Scotland, above all else.
"I’ll leave others to play games or politics. I have got a real job to do and people can decide themselves whether I am doing it well or not, but I am absolutely 100 per cent focused on leading this country through a pandemic."
💯% 😀👍
Making her priorities crystal clear!
“That’s what I’ve done since this time last year and it’s what I’m going to continue to do for absolutely as long as necessary.”
And again, making it absolutely crystal clear!
"End of Sturgeon?"
Frankly, an appropriate response from @NicolaSturgeon might be to quote the infamous Mark Twain response to an erroneous 'obituary' known to all...
"The reports of my demise are greatly exaggerated."
https://t.co/Ce1xVVISR2
More accurately, the media have quoted:
"Ms Sturgeon said she had a “real job to do” and was focused on guiding Scotland through the Covid-19 pandemic."
It's very reassuring to hear that @scotgov and @ScotGovFM have prioritised safeguarding lives and Scotland, above all else.
"I’ll leave others to play games or politics. I have got a real job to do and people can decide themselves whether I am doing it well or not, but I am absolutely 100 per cent focused on leading this country through a pandemic."
💯% 😀👍
Making her priorities crystal clear!
“That’s what I’ve done since this time last year and it’s what I’m going to continue to do for absolutely as long as necessary.”
And again, making it absolutely crystal clear!
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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.