Billy Lincoln

In real life, I run a startup in the finance space. Here, I comment on a variety of stuff - economics, philosophy, AI and whatever strikes me as interesting.

[Billy Lincoln @BillyLincoln10]

@KobeissiLetter As Michael Saylor has pointed out, the US dollar is the strongest, most reliable fiat currency in the world. It has lost 99% of its value in the past 100 years. That's the *best* fiat currency the world has to offer.

[Billy Lincoln @BillyLincoln10]

@ProtonPrivacy I miss the sober, non-click-baiting, non-NGO-funding version of Proton.

I was a user from the beginning. It was a sad day when I recently cancelled my subscription.

[Billy Lincoln @BillyLincoln10]

@bruce_mcgonigal Context: Alberta's economy would be about the 50th largest in the world. It surpasses economies like New Zealand, Greece, Finland, and many others.

[Billy Lincoln @BillyLincoln10]

@HarryStebbings If HR is dictating the pace to the CEO, you're doing it wrong...

[Billy Lincoln @BillyLincoln10]

@mcuban Mark, at what scale does it make sense for a company to bring healthcare in house entirely (I mean have their own doctors, hospital facility, diagnostic machines, pharmacy)? There must be a point at which the cost to operate all this at cost makes economic sense.

[Billy Lincoln @BillyLincoln10]

@wholemars

[Billy Lincoln @BillyLincoln10]

@saeidh1991 @tobi I think OLEDs have largely solved the burn in problem but you'll want to make sure of that, since monitors will have static elements on the screen for long periods (like task bars or apps you use for hours without moving them). I have an LG OLED in my theatre room & it's amazing

[Billy Lincoln @BillyLincoln10]

@saeidh1991 @tobi Class 4 Series 4K 43". They make great monitors. Just don't connect them to the internet - cheap brands make their money on data harvesting and lose money on the devices. Plug in the power, plug in your computer's HDMI and you're good to go! Staff loves them. I do too.

[Billy Lincoln @BillyLincoln10]

@dustyslay I remember seeing a WSJ study that found the avg 3 hour football game has 10 mins 43 secs of actual action - it's mostly guys standing around, replays & commercials. Having grown up on hockey, I've never been able to get into football (or baseball) - just too little going on.

[Billy Lincoln @BillyLincoln10]

@alphafox @grok One of the far left's greatest successes is in convincing beautiful people to voluntarily make themselves unattractive. The reach of that idea is truly shocking. Maybe that's why the population is declining...

[Billy Lincoln @BillyLincoln10]

@farzyness This is spot on - juicing demand further by adding to the number of buyers is likely to *increase* not decrease prices. When big purchases go from requiring savings to requiring cash flow & the monthly nut lowers, demand goes up. So do prices (see cars, college tuition, etc).

[Billy Lincoln @BillyLincoln10]

@CryptoWendyO It's a supply side issue; further increasing demand by making payments lower is most likely to end with payments reaching an equilibrium equal to today's average payments (except for 50 years), house prices going up, and everyone losing (except of course lenders).

[Billy Lincoln @BillyLincoln10]

@Object_Zero_ I lived on the 32nd floor of a tower in Toronto when a rebound occurred in northeast US. It felt like a significant earthquake - the building swayed & painting fell off my walls. Of course, the motion gets amplified the higher you are. It was my first exposure to a rebound.

[Billy Lincoln @BillyLincoln10]

@pulte Hard to solve a problem of demand exceeding supply (which causes prices to rise) by *increasing* demand via an extended payment period, making purchases more affordable. Equilibrium will be reached when monthly payments approximate current payments. Everyone loses (but lenders).

[Billy Lincoln @BillyLincoln10]

@KurtSupeCPA Had an uncle like this: he became the man of the house at 9 & struggled a lot. He later owned a great many properties & was wealthy by any measure. But he couldn't bring himself to spend any of it - always bought the cheapest thing on the menu at low end diners.

[Billy Lincoln @BillyLincoln10]

Really, the only thing anyone on the sidelines needs to consider when discussing Musk's compensation is that a majority of shareholders - the people who own the company - voted in favor of it. Whether anyone who isn't an owner of the company thinks it's "fair" isn't salient.

The owners of the company voted to share with Musk part of the proceeds their company will generate if it hits certain targets.

It doesn't matter if people who don't own the company don't like the agreement - they have no claim on Tesla's earnings, or Musk's, or any official say in the matter.

[Billy Lincoln @BillyLincoln10]

@farzyness It's a mighty big ask of traffic cops to make a determination about which people are in self-driving cars (& have it activated) while playing on their phones, and which aren't. They'll presumably just ticket everyone & any burden of acceptable proof will rest with the driver.

[Billy Lincoln @BillyLincoln10]

@TheSalonDon A former accountant underpaid one of my company's payroll taxes, then overpaid them by an almost equal amount the following year. Government refused to apply the credit against the debit for 4 years & claimed interest & penalties for all those years. Finally got it sorted out.

[Billy Lincoln @BillyLincoln10]

@farzyness The reason for the pivot is that a significant number of people driving the climate change narrative are deeply invested in AI companies which suddenly need very substantially more power, all of which contradicts that narrative. It's a pragmatic and necessary shift.

[Billy Lincoln @BillyLincoln10]

@elonmusk Can confirm - Cybertruck will ruin all other vehicles for you, it's that great. The only time I drive my sports car now is when my wife is using the Cybertruck (her all time favorite vehicle too). Every other vehicle is a tall step down.