Thread on elections:

1) Only CPIM can compete with BJP in hypocrisy and shamelessness. I mean they are calling the opposition coalition (Muslim League + Congress) communal in Kerala, equating Muslim League with RSS and subtly consolidating Hindus using Islamophobic

2) campaigns while in West Bengal they're themselves in alliance with Congress and a Muslim party ISF, founded by an Islamic cleric. In West Bengal they are appealing on the lines of social justice, Dalit emancipation and Muslim empowerment.
3) Their candidates in Bengal, most of whom would distance themselves from anybody visibly Muslim and would leave no chance to demonize them, are now flaunting pictures with Muslim men and women covered in skullcaps and Hijab. In Kerala, they once disowned their own party leader
4) because he performed Umrah. Meanwhile, their PR agency called NewsClick is publishing pieces suggesting how TMC's violence helped BJP make inroads in Bengal while ignoring that it was CPIM's vote that shifted to BJP and hence it should be them who should be called out for not
5) being able to keep their votes intact. I am not in support of Mamata in Bengal or Congress in Kerala. I only hope and wish ISF, IUML, SDPI, AIMIM, AIUDF, Welfare Party and other Muslim outfits win as many seats as there are! #ApniQayadat

End.

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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.