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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr Apr 5
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      Replying to @mchapiro

      Uh huhpic.twitter.com/pqETDkvZuQ

      1 reply 0 retweets 1 like
    2. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @vgr

      Exactly, I just skipped over the surprised stage ;)

      1 reply 0 retweets 0 likes
    3. Venkatesh Rao‏ @vgr Apr 5
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      Replying to @mchapiro

      I don’t think you did, or you’d be in a much stronger position than your tweets suggest. It’s one thing to vaguely expect the apocalypse. It’s another thing to call it precisely enough to profit. If you didn’t pull that off, you were just as surprised as anyone.

      1 reply 0 retweets 1 like
    4. Venkatesh Rao‏ @vgr Apr 5
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      Replying to @vgr @mchapiro

      2/3 of the people in the world are always expecting end times and when bad things happen, feel validated. Only like 1% make meaningfully prescient moves that demonstrate actual insight. The rest is just ideological posturing with 20-20 hindsight.

      1 reply 0 retweets 0 likes
    5. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @vgr

      I didn't mean to suggest I predicted the pandemic, but my response throughout has been stoic. I just meant that the money printing to me looks like business as usual, and it is now more apparent to everyone. My approach has remained constant: make money while bitcoin is cheap.

      2 replies 0 retweets 0 likes
    6. Venkatesh Rao‏ @vgr Apr 5
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      Replying to @mchapiro

      Ie you’re an expert on composites, who bought some cheap bitcoin and eats a lot of beef. Your “endgame” thoughts are on par with anyone else’s since coiner status is irrelevant. FWIW I do hold some crypto bought cheap. I don’t see it as relevant to my prognostications right now.

      1 reply 0 retweets 1 like
    7. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @vgr

      Perhaps endgame was the wrong word. I meant the eventuality of hyperbitcoinization. If we are talking about taking action in the prediction of extreme events, I will have done so. Having crypto != holding as a bitcoin maximalist. (I consider any price under $1m very cheap)

      1 reply 0 retweets 0 likes
    8. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @mchapiro @vgr

      My only intended comment was that current events (including money go brrr meme) increase public awareness about the financial system. My claim is that there are n-steps to become a bitcoin maximalist, we are all heading there, and we just knocked out a few steps.

      1 reply 0 retweets 0 likes
    9. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @mchapiro @vgr

      I do not see observations surrounding bitcoin as building off of any expertise, but direct observation of the natural world. Some people simply have the right notches to reduce the steps needed to make those observations and become maximalists. I wouldn't call that expertise.

      2 replies 0 retweets 0 likes
    10. Michael Chapiro‏ @mchapiro Apr 5
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      Replying to @mchapiro @vgr

      (As an aside, I wouldn't call myself a composites expert.)

      1 reply 0 retweets 0 likes
      Venkatesh Rao‏ @vgr Apr 5
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      Replying to @mchapiro

      Or whatever you call your designer materials knowledge 🙂

      12:03 PM - 5 Apr 2020
      • 1 Like
      • Michael Chapiro
      1 reply 0 retweets 1 like
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        2. Michael Chapiro‏ @mchapiro Apr 5
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          Replying to @vgr

          I guess I could call myself an expert in topological composites, a term I'm trying to hijack from others that use it in an unrelated context. No one else recognizes the term afaik 😂 I'd like to think I have some expertise at a higher scale of which this is just an instance.

          1 reply 0 retweets 0 likes
        3. Michael Chapiro‏ @mchapiro Apr 5
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          Replying to @mchapiro @vgr

          I never had time to do serious biz dev with Carbonshade glasses when I started, but always suspected DoD would value it. I accidentally ended up on a call about that because of my latest aero/materials startup and there was a high level of interest.

          1 reply 0 retweets 0 likes
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