NEW podcast episode is up!
"Vitalik Buterin (@VitalikButerin), Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (@naval)"
https://t.co/wWBnxQfRNW
“Real interest rates are so bad, money’s so cheap and it’s so abundant that it changes a lot of financial assets and causes those financial asset prices to rise and ... future expected returns go down to start to approach those of bonds,” @RayDalio says about the economy.
Ethereum 101 —
I’ve been exploring Ethereum (and buying, for full disclosure).
This is a plain-english recap of the very basics, to test my learning! (and maybe a frustrating oversimplification for the experts)
"Knowledge is a skyscraper. You can take a shortcut with a fragile foundation of memorization, or build slowly upon a steel frame of understanding." - @naval
I’m starting to get the impression that it might be a bad idea to learn about upcoming changes in tax policy from TikTok influencers instead of experienced accountants and tax attorneys well versed in the matter.
It’s frightening to see how many people think cancelling student loan debt is some kind of silver bullet that will fix the myriad of problems that led to there being $1.6 trillion in student loan debt in the first place.
It would be admittedly easier to ask Trump to “accept the results” if Democrats didn’t spend two years and lots of money trying to prove he was installed by Russia in a bogus election.
During the campaign @realDonaldTrump warned that if @JoeBiden won the stock market would crash. Well Biden won and the stock market soared. This shows that the bull market has nothing to do with Trump or any of his policies. It's a bubble of the Fed, by the Fed and for the Fed.