Bitcoin’s Legitimacy Rests on Community, Not Regulators
There’s always a million reasons to put off Bitcoin Yesterday it was the SEC. Today it’s quantum. But neither the fundamental nor technical legitimacy of Bitcoin is ever determined by science It’s determined by the will of the community and self-preservation is a superpower
WLFI's Blacklist Sparks Crypto‑War Tensions, Court Resolution Expected
so basically WLFI is the first american "Network State" and they blacklisted a chinese Network State and everyone is freaking out because this is basically the Archduke Ferdinand moment for WWIII being waged on crypto rails but thankfully this will...
Radical Portfolio Theory Needed as 60/40 Fails
There has never been a more important time for the "Radical Portfolio Theory" than now. 60/40 is completely broken. https://t.co/iIo9oxu8YX
The Maniac Blurs Fact and Fiction Seamlessly
Favorite fiction I read in 1Q 2026 was Benjamin Labutat's "The Maniac" Labutat writes what can best be described as "nonfiction novel" which has the uncanny effect of feeling like one is reading nonfiction, but with the creative drama of storytelling...
CFTC Reaffirms Decades-Long Fight Against State Prediction Market Bans
As CFTC Chair @MichaelSelig reaffirms the agency’s decision to challenge state-level bans on prediction markets (coming on the heels of a federal appeals court ruling against NJ today), it’s worth revisiting the broader context: this fight has been decades in...
Optimism Fuels Achievement; Hope and Confidence Are Essential
“Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.” - Helen Keller
Stop Debating Virtue; Just Become a Good Man
“Waste no more time arguing what a good man should be. Be one.” - Marcus Aurelius
Iran Offers Japanese Ships Access Through Hormuz Strait
IRAN SAYS READY TO LET JAPAN VESSELS USE HORMUZ — KYODO REPORTS Who knows better about surprises than Japan? https://t.co/yR2ThmWwvU
Even ‘Safe’ Assets Now Carry Beta
In this regime, even “safe” carries beta: welcome to the era of the risk-full rate https://t.co/8SEao6GWwp
Bitcoin Holds Tightest Spring, Poised for Surge
Hard to know what comes next but if things start to normalize, it looks like Bitcoin has the most tightly coiled spring on the board
Bitcoin Becomes the Strait of Hormuz for Freedom Money
People are starting to figure it out… Bitcoin is the Strait of Hormuz for Freedom Money 75k 🔥 https://t.co/qZJeeSkMB7
Korea Faces Economic Shock and Shifting Security Guarantees
hard to be korea right now fuel price cap - first oil intervention since 1997 THAAD system forcibly relocated away (historians estimate korea has taken 0.5% hit to GDP from china) stock mkt down 10% china/NK deterrence weakening security guarantees will likely change forever
Bitcoin Is the Strait of Hormuz for Freedom
Bitcoin is the Strait of Hormuz of freedom money. The world will learn what happens when you try to close it.
Rising Taxes Trigger Housing Supply Surge, Fuel Doom Loop
if you keep increasing the taxy levy without real benefits, eventually new supply (some forced) comes into market and lowers price, which then increases the tax rate burden as a % of asset that makes it very unattractive this is the...
Today's IBIT Leaders: All Top Five Options Are Calls
Top 5 IBIT options traded today (by volume and by notional) are all calls: https://t.co/LW4IxoGyqb
LeCun Challenges LLM Dominance, Champions Sensor-Driven Intelligence
LeCun has been the most aggressive critic of the transformer/LLM consensus for years, and this is his magnum opus "much of real-world sensor data is unpredictable, and generative approaches do not work well." This basically epitomizes his view that real intelligence...
Bitcoin Will Thrive in the Upcoming Hard‑money Era
Bitcoin thrived during an era of easy money, but Wartime Bitcoin will thrive in the era of hard money to come
Job Data Flips: Expected Gains Turn Into Losses
if you expected a gain of 55K jobs and the economy instead lost 92K and you thought two months ago the economy gained 48K jobs, but it turns out it lost 17K i mean what are we even doing here
Bitcoin Restores Trust Amid Broken Central Banks
This take-and yes dalio too-fundamentally fails to understand why central banks are broken and why they need bitcoin In an age where there is growing distrust everywhere, the only way - and i really mean the ONLY way- to fix the...
KOSDAQ Crash Triggers Circuit Breaker, Crypto Flows Questioned
*CIRCUIT BREAKER TRIGGERED AFTER S. KOREA'S KOSDAQ PLUNGES 8% Where did you think all those crypto flows ended up https://t.co/JzbQThyUAl
Kevin Warsh: The Radical Fed Chair Who Bridges Tech
Why I’m so bullish on the era of the Radical Fed Chairman: Most technicians aren’t technologists. But Kevin Warsh is both. 👇 https://t.co/90GCOPkuDW
Bitcoin Can't Be Frozen, Stablecoins Can
People keep asking, “Why not stablecoins”? The most obvious explanation is actually quite simple: stablecoins can be frozen, Bitcoin can’t
High Finance Remains AI‑Proof, Threatened Only by Socialism
You have to understand that the high finance industry is the most AI-proof (minus back office) because the edge has never been about efficiency It’s regulatory arbitrage, liquidity monopolies, and bilateral custodial trusts backed by war Its only real vulnerability is socialism
Japan Set to Amend Article 9, Recognize SDF by 2030
I’m calling it now: Japan will amend Article 9 before 2030 to formally recognize the Self-Defense Forces in the Constitution
Give Citizens Equity, They'll Protect Against Nationalization
If you want American citizens to defend your company from nationalization, you probably want to let them own a piece of it. Just my two cents.
Fed‑Treasury Coordination Must Be Transparent, Not Secret
Fed independence was a 20th century virtue. Fed inter-dependence is a 21st century necessity. The question was never whether the Fed and Treasury coordinate-it's whether that coordination happens in the dark or in the light The American people deserve monetary transparency...
Blue Owl Stops Redemptions, Highlighting Exit Liquidity Risk
BLUE OWL PERMANENTLY HALTS REDEMPTIONS AT PRIVATE CREDIT FUND AIMED AT RETAIL INVESTORS — FT Being long scarcity might lead to illiquidity, but being long illiquidity doesn’t necessarily mean you’re long scarcity You’re long exit liquidity
Chinese Capital Sneaks Into Bitcoin via Offshore IBIT Vehicle
Something caught my eye in the latest 13F filings. The biggest new entrant into IBIT, from a brand new entity, is something called Laurore Ltd. No website. No press. No footprint. The only public information is that the filer's name is...
Productivity Gains Are the Real Driver of Inflation
Posted this thread two years ago on the enigmatic relationship between inflation and productivity, and more relevant now than ever—