It's Luke from Middle America

From the middle, for the middle. Speaking plain. Finding common ground. Believing America’s still one big family.

[It's Luke from Middle America @ItsLukeMiddle]

https://t.co/agRnqlmllX

[It's Luke from Middle America @ItsLukeMiddle]

Totally agree, advisors wouldn’t want the keys for crypto wallets. I view this more like adding a third party.

The advisor already has the duty, the records, and the call when something goes wrong, the vault just formalizes that.

This is about facilitating the client’s single source of truth for things they already expect their advisor to hold.

From your perspective, does separating trust by domain change how you think about the third-party risk?

[It's Luke from Middle America @ItsLukeMiddle]

One thing I run into constantly as an advisor is clients loving zero-knowledge… right up until they lose a password or pass unexpectedly.

A model where the advisor is the distribution + continuity layer (not data owner) ends up solving recovery, trust, and adoption all at once.

If you ever explore that direction, happy to share what breaks in the real world vs. what looks clean on paper.

Full disclosure: I’m a solo RIA owner😉

[Michele Tafoya @Michele_Tafoya]

For years, I walked the sidelines when the stakes were the highest, and that job taught me how leadership really works.

I’m running for U.S. Senate to bring that experience to Washington and deliver the real results Minnesota deserves.

[It's Luke from Middle America @ItsLukeMiddle]

@TKopelman But how would an advisor increase his AUM if you keep your 401k at the company🤓

[It's Luke from Middle America @ItsLukeMiddle]

@The_DrewFeldman The millionaire next door👍

[It's Luke from Middle America @ItsLukeMiddle]

@markcecchini Don’t just take my advice…. Trace says it better😉👇

You're Gonna Miss This https://t.co/CvLMVaAtZn

[It's Luke from Middle America @ItsLukeMiddle]

@wealthMAinsider This is the clearest and most succinct advice I have seen on X👏

[It's Luke from Middle America @ItsLukeMiddle]

For 17 years as a financial advisor I’ve been trying to find/use tools the industry tells me will solve the problem. What I have come to find is that the industry is focused on the symptoms. They try to give me new apps to plug holes created by the last product sold as “the fix.”

So, I’ve been “dabbling” on a new project. I started learning to code about 10 months ago. I’ve learned a lot and continue to learn, but I’m getting very close to shipping an actual solution to my problems from a structural level.

It would not have been possible 3 years ago or with some pivotal help from someone who never needed to give it. Vibe coding, coding, or whatever slick naming it is given; it is an absolute game changer. I’ll be very curious to see what can be built when people with deep domain knowledge start to take advantage of these tools as I have.

[Chamath Palihapitiya @chamath]

This is curious.

Why would Newsom veto a unanimous bill from the California legislature requiring reporting on cost and outcome data on the Homelessness spending??

[Chamath Palihapitiya @chamath]

Anyone who thinks the California government has a revenue problem is mathematically illiterate or part of the fraud.

California does not have a revenue problem. It has a spending problem. Politicians and their henchmen stealing tens of billions of dollars PER YEAR from our pockets.

Ask yourself why they can’t pass an audit! Ask yourself why they change the reporting rules on your pension! Do you start to see a pattern?

Endless reams of money keep falling through the cracks with no accountability into the waiting hands of thieves.

When is enough, enough?

California will soon start to lose its grip on being the most vibrant state in America. The billionaires will leave. The millionaires and middle class will too.

And once they are done taxing us of everything we have, and none of us are left, they will tax you.

Now, if you’re frustrated about crime, healthcare and education you should be. I am, too: our approach to these issues is trash. Our results on these issues are also trash.

So fix the problem: kick out the people who run the kleptocracy. Elect real leaders who are competent, firm, tough and high agency.

But no matter what you do, if you keep asking for politicians to take people’s money, you are firmly part of the fraud not part of the solution…and everyone sees you.

[It's Luke from Middle America @ItsLukeMiddle]

@JonLuskin 🎯

[It's Luke from Middle America @ItsLukeMiddle]

Interesting… I’ve been a financial advisor for 17+ years. I started working with LLMs about 10 months ago consistently and what I found is the LLM pushing me towards the “Move Fast and Break Things” approach for the first 4 months. It took 5 months to realize this. That’s when I truly realized how to work with this tool. I’ve never coded before 2025, but by the end of 2025 I’ll have a fully function zero-knowledge client vault that has been sorely missing in my industry.

I wish you would have dropped this wisdom earlier @chamath, then again I doubt I would have even understood it until I put in the 250+ hours of work😉

[It's Luke from Middle America @ItsLukeMiddle]

I’m essentially at 730. I haven’t used an alarm (unless I’m hunting) in years. I can fall back asleep after 5:30am to 6am every so often, but it’s rare. Naps don’t change the sleep cycle either.
One note on consistency overnight for me seems to be reading before bed (30 mins or more) from a book. If I read, I sleep as sound as I did when I was a kid.

[It's Luke from Middle America @ItsLukeMiddle]

@JonLuskin Not sure, but I’d call it diversification. To me Arbitrage means there is a current difference in prices. This diversifies risk of the unknown.

[It's Luke from Middle America @ItsLukeMiddle]

@JonLuskin Ex: Save pre-tax at a 24% tax rate and 20 years from now the tax rate is 40%. Yikes.

Instead: Pay some of the tax now (asset location strategy) and save your money in taxable and Roth thereby diversifying your tax risk.

[It's Luke from Middle America @ItsLukeMiddle]

@TKopelman I couldn’t agree with you more here. I get 5-10 client referrals a year as a solo shop and I don’t do anything but focus on doing the best thing for my clients. If you do good work, more clients will come. But VCs don’t like steady, sustained growth🤓

[It's Luke from Middle America @ItsLukeMiddle]

@markcecchini 🎯

[It's Luke from Middle America @ItsLukeMiddle]

@ValKatayev Do you think Bitcoin would work as well if it traded for $1,000, rather than $100k? Meaning, would the mechanism of transfer work the same? If so, what gives it the value?