In Patrice Lumumba's honour, I am pleased to offer 1 last lot of CIA reports produced just prior to the assassination. Here, we have 4 documents produced on 12 January 1961, 5 days before Lumumba's murder. These may be fully downloaded here: https://t.co/xuKLTax249 1/4

Like other reports, these memoranda allow us to see Lumumba's murder within a larger arena of postwar violence/policy, including USA surveillance of the Algerian War (w/ electoral statistics), & political opposition in #Ethiopia, #Ghana, #India, #Laos, #Myanmar, & #Japan. 2/4
I also wish to draw attention to the work of @JDevermont, whose @Africadeclassi1 releases formerly declassified documents on a regular basis. 3/4
.@catherine_lee_p and others have noted that the CIA's electronic reading room is now available freely online: https://t.co/uvXbPok58J 4/4

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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.