Young ₿itness

@youngbitness

Crypto curious. Capitalism faithful. Culture critic. Political news connoisseur. parasite.

USA
Vrijeme pridruživanja: studeni 2018.

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  1. Prikvačeni tweet
    23. sij

    Been following for a while now. Regardless of his chancesof winning the nomination, I believe there’s an authenticity issue that he needs to address. People run for president for both meaning and vanity, and at this moment I think AY is showing more interest in latter

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  2. proslijedio/la je Tweet
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    Comprehensive criticism of blockchain from industry outsider in early 2018 - much of the arguments still valid today

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    Crypto twitter knowledge of real finance = Gilligan’s Island knowledge of fixing a three foot hole in a boat

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  5. 31. sij

    These blockchain projects have such cool names - they deserve their own comic book with each project anthropomoric-ized as superheroes

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  6. 31. sij

    Excellent investigative work, showing a comprehensive timeline and including input from many related parties. But one key question remains unanswered: where did the ticket money go?

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  7. 31. sij
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  8. proslijedio/la je Tweet
    Odgovor korisnicima

    Yes, I've scammed plenty of people. But I'm owning up to it - shouldn't that acquit me from everything I've done?

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  9. proslijedio/la je Tweet
    23. sij
    Odgovor korisniku/ci

    she calls you the next day, saying you were a great listener, unlike the self centered types she used to be attracted to. seven years later, she and the kids pretend to forget, and then surprise you in the garage on your birthday.

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  10. 23. sij

    Recap- is intelligent, strategic & differentiated. But he won’t win because he doesn’t seem like he’s experienced the problems he intends to solve. He’s got too much explaining to do to convince the electorate. Anyway he’s having too much fun to care about winning.

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  11. 23. sij

    And I suspect knows all this. He’s just enjoying himself on the campaign trail for having little to lose. His book became #1 best seller, he’s boosting his brand and building connections with celebs. And the ego boost. This is a beautiful trade for him indeed.

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  12. 23. sij

    But comes off as a smart hedge fund that figured out a great trade: great angle (UBI), great timing (one of the most unpopular incumbent), great positioning (DC outsider, savvy futurist startup type). But there just seems like a lot of brains but not a lot of heart

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  13. 23. sij

    As such he’s got work cut out for him, to explain his motives for running. Obama/Bernie/Trump’s stories are simple: justice for minorities/socialism is better/good-ole-nationalism are what they stand for, respectively. And these ideals are all personal to them.

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  14. 23. sij

    He doesn’t come off as someone suffering from the status quo, badly wanting to become Prez in order to change the system. He’s like a doctor and not a patient. He has an interesting cure (UBI) but he has never been a victim and shown no symptoms.

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  15. proslijedio/la je Tweet
    22. sij

    Your first 100 customers will come through cold emails and warm intros. The next 1,000 will come from their referrals. You’ll reach 10,000 as your product slowly becomes the default for a use case. And 100,000 when it’s the default for a whole industry.

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  16. 23. sij

    Slowly at first, then all at once.

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  17. 23. sij

    Summary: Crypto is not useful for mainstream, but censorship-resistance scenarios like black-market dealings, political dissidence, & sanction circumvention. But she doesn't explain why a world w/ crypto gone mainstream is "a scary place

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  18. proslijedio/la je Tweet
    22. sij

    Before Telegram launched its ICO, SEC’s Munchee order made it clear calling a token a “utility token” does not unmake it a security. Despite that, the messaging app is getting support from and . Story in

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  19. 22. sij

    It’s amazing you can make a sad and twisted story in mere 280 characters

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  20. proslijedio/la je Tweet
    22. sij

    Successful Bitcoin holders have low time preference & judge over extended periods, e.g. risk-adjusted return over 4-year holding periods. If an economist has not researched this strong market signal for explanations of supply & demand, they don't have a useful opinion about it.

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