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John Marbach
@jmarbach
On the networkencryptedenergy.comJoined December 2008

John Marbach’s Tweets

This weekend in nyc is really that one weekend a year that separates the New Yorkers from the Floridians
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The future is difficult to predict because on a short enough timeline social science wins, and on a long enough timeline, actual science wins.
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A gentle reminder that if you have software skills in 2023, you have a leg up on 99% of the population. It's time to build.
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As if you needed any more signal at this point - nostr is the real deal. Download Damus from the App Store and follow me: npub1gn98kfp4pfjdza8mlv5a3ceyn2h7jq9a07wqfk64pjsheqj4k5cq0xcr9a
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After using ClickHouse for time series data the last few days: The difficulty of using SQL for analytical queries is understated - what good is data if every q takes 30 mins to write and reason about? By comparison PromQL puts insights at your finger tips. Prometheus big winner.
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One of the most embarrassing things about medicine in the US is that, as an entrepreneur, you must optimize for products that have extremely high reimbursement potential. The playing field changes from 'make things people want' to 'make things insurance companies want'.
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Directional analysis of reimbursement leverage vs. market growth potential by TA Highest scoring: (1) Rare disease (2) ID / vaccines (ex-COVID) (3) Oncology (4) CNS / neurology Source: Guggenheim
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Owning 1 full Bitcoin will be roughly equivalent to the top 1% Americans today, ~$4-6M net worth.
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If history repeats, there will only be 1 - 2M families in the world with access to 1 Bitcoin. Just like there are only: 100k-200k families with >10 BTC 10k - 20k families with >100 BTC
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If history repeats, there will only be 1 - 2M families in the world with access to 1 Bitcoin. Just like there are only: 100k-200k families with >10 BTC 10k - 20k families with >100 BTC
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🎯 Exactly. Beware of dogmatic thinking. The most pragmatic, creative ideas for pushing forward progress are typically a blend of two dualities. twitter.com/jmarbach/statu
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It would be interesting if there were a Lightning Network daemon implementation where some aspects of it were paid-for. In browsers a free model led to IE to further MSFT interests and now Chrome which furthers Google's. OSS is definitely a must for some aspects but maybe not all
$GBTC has been relegated to total $hitCoin status. Explanation lies in the most simple terms: more sellers than buyers. Over time, capital flocks to the hardest money. $OBTC is significantly harder money, because of its sane fee structure and non-degenerate management policies.
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In the future, 3% energy loss on effectively every transaction - to pay for a fraud-prone payment system - will seem as archaic mail-order catalogs. #Lightning is coming for this.
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5/ Target has impressively shifted 20% of their *entire* sales to their own cards. The only “illogical” part of this is that to save 2%, they are…giving up 5%, albeit to the user directly in savings at Target, which is the primary benefit of Red Card.
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Once remote-first companies eat the lunch of office-first companies on gross margin, game theory will knock the remaining dominos. 9% Sate + City Sales tax may be a worthy price for you personally to enjoy NYC/SF Cocktail Culture, but it's not something investors will tolerate.
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In Mexico, you can easily tell which businesses are run via cartels and which businesses are run via capitalism.
Similar to the poverty tax of having to deliberate the smallest day to day transactions in life, there is a an unsafe tax for people in areas with high crime. In unsafe places, you’re on guard every time you leave home - increasing the mental burden for even mundane activity
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Funneling EE polling requests through a static IP address increased our average request latency by +33%. + Security - Speed Things are rarely absolute in business and life. Tradeoffs are constantly necessary to achieve pragmatic outcomes.
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The #Lightning network, powered by Bitcoin, is math just like this.
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The single most undervalued fact of linear algebra: matrices are graphs, and graphs are matrices. Encoding matrices as graphs is a cheat code, making complex behavior simple to study. Let me show you how!
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Similar to how the internet has run on Amazon-dollars, for the last several years, the world of last-mile logistics runs on Uber dollars. If you don't know what I mean, try ordering groceries in Mexico on an in-market app with an American credit card. #Lightning fixes this.
Interesting to know that there is currently a > 15% annualized yield for $MSTR shareholders who lend out their shares to short traders.
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From : "hyperinflation requires physical printing of cash, ie money creation separated from credit creation" Credit-driven inflation is limited by the rate at which banks can issue loans, and creates asset bubbles leading to deflation.
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Amazon gift cards have been the default currency of the internet for more than a decade. #Lightning is changing that. There is an obvious #Lightning opportunity waiting in the open - 'SurveyMonkey' but make it easy to instantly deliver Sats rewards at the end.
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