https://t.co/LXMj1pRHP8:
"The epitaph of the United States may be that the idea of the rugged individualist was a lie, there never were any, and in the age of air travel and medicine we’re all very connected, our well-being depends on other people’s well-being."
"By the division of labor men have become interdependent, so that every man works for some other man... But during all my life I have worked for other men, and thus I am every man’s servant;"
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To mark the occasion of @mtgreenee entering Congress, I’m going to delineate her history with QAnon, based on two livestream videos and her own tweets.
This thread will clarify why I believe it’s fair and accurate to describe Greene as a “QAnon follower” or “QAnon believer.”
This thread will clarify why I believe it’s fair and accurate to describe Greene as a “QAnon follower” or “QAnon believer.”
Earlier, I filmed new Congresswoman @mtgreenee.
— Ford Fischer (@FordFischer) January 3, 2021
She is wearing a mask that says \u201cTrump Won.\u201d
(Photos of playback from my videocamera.) pic.twitter.com/YaWs3eXQCz
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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.