To celebrate bitcoin breaking 100k, we're giving away $2,009 in BTC to one lucky Gemini user. Welcome back to GeminiGiveaways 🟧🚀
MUST follow the rules to enter: https://t.co/TBWTxdaQqc
@IlyaAbyzov@IlyaAbyzov Econ 1 at Dartmouth was great, but the frameworks are illustrative and simplified, and often lead to incorrect conclusions. In practice, wage regulations in the US haven't lead to significant job loss, especially over medium-term: https://t.co/P9QL0K3qVe
Low-probability events like winning the lottery or building a $1bn startup are snubbed by phrases like "You're more likely to be struck by lightning"
But don't the odds change when a storm comes and you're standing in a field with a kite? Maybe find your field and fly a kite ⚡️
NY Fed has reported sequential 4%+ quarterly increases in consumer credit card debt in Q2 and Q3, translating to nearly ~20% annualized growth, going into Q4 holiday spending.
Forget stocks I need a financial instrument to bet on debt going up.
@NikMilanovic Credit card bills (and delinquencies) keep going up too. Directly from the fed earlier this month. Second Q in a row w/ 4% increase in balances:
https://t.co/VBEs5Nxwwv
Curious to see what Q4 looks like with the reported record spending.
The payments won't stop coming! Together they summon their fabled reconciliation deity that helps them to reconcile the overwhelming number of payments
That's basically it. Certainly not the revolution that was anticipated a year ago, though there would be many more use cases if it could access current web data. Oh, and please improve it's ability to write song lyrics. That would be massively helpful.
We're approaching the 1yr anniversary of ChatGPT's release. If you go through your ChatGPT logs, what have been your most frequent uses for it? Mine in 🧵
@AviSchiffmann It's Econ 201: Monopolists/market leaders have the greatest incentive to invest resources in R&D to retain monopolist/duopolist profit-share. Turns out it's harder to actually innovate well as a larger entity, so the copy-cat route ends up the more treaded path.
📣Introducing Transfer by Modern Treasury, an exclusive one-day event focused on the future of #payments.
✨Registration is now open for in-person and virtual attendance on June 1, 2023.
💚 Join us in SF or catch the livestream: https://t.co/t3SVzI2hvW
#TransferbyMT
FB and now Amazon have announced "planned" layoffs, before they determined which employees are impacted. Doesn't it undermine employee performance to have planned layoffs looming overhead?
Curious if there are supporting reasons for this practice beyond placating Wall St.