Castor

MD.
Money and Dreams are spun from gossamer.
To build something lasting, make it from wood.

[Castor @CastorCalvarium]

Don't allow yourself to be kept busy fighting imaginary wars.
No need for zealotry for the irrelevant.

[Castor @CastorCalvarium]

@DrJMedina I never liked how early it gets light there in the summer.

[Castor @CastorCalvarium]

@DrJMedina You cannot convince me that girl actually plays tennis.

[Castor @CastorCalvarium]

@Merridew__ Maybe time to close my shorts

[Castor @CastorCalvarium]

@MakerWaddles Literally no difference.

[Brent aka Blacklion @BlacklionCTA]

He made it back to par.

[Castor @CastorCalvarium]

@BlacklionCTA @DrJMedina Too few will appreciate this

[Castor @CastorCalvarium]

The solution is to just charge money for this. $100 for 2 minutes. Then $200 for 2 min. Then $500 for 2 min. Until only 5 people a day come, and you make $50,000 a day.

[Mambo Italiano @mamboitaliano__]

Social media trends have turned the world’s most beautiful places into endless bathroom lines at a concert, where everyone waits for hours just to take the same photo to show to people who couldn’t care less 🌎📸

Nothing captures the shallow decay of our time better than this

[Castor @CastorCalvarium]

Imagine a world wherein only the super rich matter to economics and world events.
Now look back at human history and realize that's basically how it has always been.
Sad. But true.

[Aaron Regunberg @AaronRegunberg]

It's just bonkers that there are still grown-ass adults arguing that our economic/political system is good, knowing there's now a literal trillionaire existing while most people are barely scraping by. You just have to have such a baby-soft brain to maintain that insane belief.

[Castor @CastorCalvarium]

@Going2Disappear Nice. I admire your accomplishments. Strong work.

[Castor @CastorCalvarium]

"Good times create weak men" innit?

[Innerdevcrypto @Innerdevcrypto]

Horrible and detrimental attitude among many bitcoiners and crypto-people is the idea that they deserve to be rich and sit back and do nothing because they were early or active in this space

Imagine a bitcoin-economy where everyone just does nothing. If you believe in bitcoin as the new unit of account and store of value, you still have to be productive and actually do some useful service or produce something useful, so stop thinking you deserve massive wealth just because you are in this space

Of course Saylor with his nonsense-talk that hard work won´t make you rich does not help, tell that to anyone who actually did work hard to make money and not build a pyramid-scheme, but you should basically ignore anything he says anyway

[Castor @CastorCalvarium]

@Merridew__ Is it "October 2007"?

[Castor @CastorCalvarium]

@DrJMedina There are old men out there who want to have sex with young women/underage girls.

Not sure why this would be surprising to anyone.

[Castor @CastorCalvarium]

@DrJMedina @drlostwood I'd appreciate any advice on where to start and the best way to start with this. I have some ideas but day job and family stuff keep me from having large blocks of time to really sit down with it so far.

[Castor @CastorCalvarium]

SF is home to the poorest millionaires in the world.

[Deedy @deedydas]

The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen.

Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation).

Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there.

Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI.

As a result,
1. The corporate ladder looks like the wrong building to climb.
Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more.

2. There’s a deep malaise about work (and its future).
Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire"

3. The mid to late middle managers feel paralyzed.
Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies.

4. The rich aren’t particularly happy either.
No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money."

I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here.

Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success".

Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.

[Castor @CastorCalvarium]

@signulll I basically do this already.

[Castor @CastorCalvarium]

Bonds are not a buy.

[Jared Dillian @dailydirtnap]

Here is what I am thinking:

Stocks are going to get out of control relatively quickly.

Bonds are a buy, as they were in October 1987.

Do you think we will be pricing in rate hikes if stocks are down 10%? 20%?

[Castor @CastorCalvarium]

@DrJMedina Saved some money by selling early. It's a start at least.

[Castor @CastorCalvarium]

@DrJMedina @batemancapital "Why are you banned on most exchanges?" seems like the interesting question to ask here.

[Castor @CastorCalvarium]

@DrJMedina @LogicalHeatfan I'm just sad he died before I could learn how to short from him. But maybe you could teach me soon, Dr Medina?