Bitcoin is now an institutional asset. Period. The good thing is most institutions aren’t in yet. It’s why 2021 will be as good or better than 2020. $GLXY. $BTC.
A brief history of the next decade
Media & social media corporations censor
People go to Substack and other apps
Those too get censored, and pressured
People go to Ghost & self-hosting
Crypto soars in the meantime
Decentralized hosting, payments, DNS become feasible
Truth wins
The “Course of Empire” series from Thomas Cole is one of my favorite painting composites.
It tells the story of a culture in five parts, beginning and ending in a state of nature.
Tesla Goes Bankrupt
Palo Alto, California, April 1, 2018 -- Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can't believe it.
Someone just sent out a 10 minute Loom URL in lieu of having a 30 minute meeting.
It clearly took less preparation than writing a doc or building a deck, and I watched it at 1.5x speed.
I could get used to that.
To understand this concept, I recommend reading Debt, or Sapiens.
But those are admittedly both long books.
The TLDR is that money is in fact a shared myth that we all believe. These "myths" are what underly the financial system.
I have read the argument a lot in the last day that social media is the Public Square. No. The internet is the public square, and it is infinite.
Twitter is an Arby’s on the Square, and you’re inside yelling about their lack of vegan options being literal fascism.
Apple asked for your face to unlock your phone.
Amazon is asking for your palm to check out at the grocery store.
Eventually someone will ask you to put a chip under your skin for more convenience.
Careful what we wish for.