Balaji @balajis
Immutable money, infinite frontier, eternal life. #Bitcoin thenetworkstate.com The Network State Joined November 2013-
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Redfin CEO says housing is in a recession and he’s never seen anything like it in 20 years as CEO. He summarized the problems well. Worth the read👇👇 Link attached below “Last year, existing home sales fell to their lowest point in almost 30 years. The housing market froze,…
I don’t think most people quite yet grasp the monumental significance of the sudden collapse of nearly the entire state insurance industry in California. There is one entity responsible: state government. Without insurance you can’t purchase or own anything unless you’re very…
I don’t think most people quite yet grasp the monumental significance of the sudden collapse of nearly the entire state insurance industry in California. There is one entity responsible: state government. Without insurance you can’t purchase or own anything unless you’re very…
Coinbase and Bloom Tech illustrate the dangers of starting a startup in a regulated industry. When I was a kid I used to think that regulators (and prosecutors) were merely trying to protect everyone. What other motive could they have? But boy are they not.
The dark secret of capital gains tax during inflation—it taxes you for gaining nothing: If you have $400k in retirement assets, and 25% more money is “printed”, your assets are now worth $500k, but you are no richer. The dollar just became 25% less valuable. Although you are no…
Orange is the new green. anthropocenemagazine.org/2023/12/wind-a…
Geoengineering Nuclear power Scaling solar Cloud seeding Electric vehicles Bitcoin mining for renewable energy From passive climate science to active climate engineering. From accepting climate change to actively changing climate. We terraform the Earth in preparation for…
Think of it like the early oil gushers. A common sight when drilling for oil before pressure control. By analogy, maybe they just made it rain uncontrollably. So next they build the plumbing to catch that rain. x.com/roryshannon/st…
Think of it like the early oil gushers. A common sight when drilling for oil before pressure control. By analogy, maybe they just made it rain uncontrollably. So next they build the plumbing to catch that rain. x.com/roryshannon/st… https://t.co/jZZSJfmoAX
Austen Allred @Austen
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@balajis They could nail us with inflation with reverse tariff alone
@balajis Not to compare these two men, but it reminds me of Pericles' exhortations to the Athenians before going to war with Sparta: what we can and can't do and why. Exactly why. And then he died, and the Athenians gradually went against every one of his prescriptions, and lost.
@balajis Correct. We have really put ourselves into a compromising position. The current administration is incredibly weak from domestic battles & foreign policy losses. I'm paraphrasing here, but "a wounded animal is the most dangerous thing" around. It explains some of the erratic…
@balajis President Obama addresses the international deal on Iran's nuclear program at American University on Aug. 5 , 2015, Obama gives a speech about the Iran nuclear deal. washingtonpost.com/news/post-poli…
haha. i’m in danger
That was Obama 2015. Really not long ago. A more rational time. When they recognized limits to power. By contrast, this is today’s position:
@balajis August 5th, 2015 - President Obama “Remarks by the President on the Iran Nuclear Deal” obamawhitehouse.archives.gov/the-press-offi…