It's going to be ok

What if widespread anxiety isn't necessary? Open debate and the challenging of scientific positions should never cease. It's a fundamental part of science.

[It's going to be ok @LongHorizonView]

Bitcoin has always fascinated me.

Not because there will only ever be 21 million.

But because it raises a much bigger question:

How scarce is something if it can be reproduced?

After all, the Bitcoin code can be copied. Literally, it is open source. Anyone can copy it, create a new network, and launch Bitcoin 2.0, Bitcoin 3.0, Bitcoin 4.0 and Bitcoin 5.0 all the way to Infinity.0.

That got me thinking.

History is full of examples where markets believed they had found something scarce, only to discover they had found something highly reproducible.

Aluminium was once more valuable than gold until production methods improved.

Natural pearls commanded fortunes until cultured pearls arrived.

Diamonds enjoyed an aura of scarcity until laboratory grown alternatives became available.

The lesson from history is that scarcity often lasts only until somebody figures out how to reproduce the thing.

As a businessperson, whenever I look at an asset, I ask a simple question:

Where is the moat?

If I wanted to compete with Coca Cola tomorrow, I would need manufacturing, distribution, retailer relationships, marketing, scale and decades of brand recognition.

If I wanted to compete with Rolls Royce, I would need engineering expertise, factories, certifications, supply chains and billions in capital.

The barriers to entry are enormous.

Yet despite those barriers, countries, multinational corporations, conglomerates and ambitious entrepreneurs have repeatedly taken these brands head on. Enormous barriers to entry may be discouraging, but for some people they are the very challenge that motivates them to compete.

But if I wanted to create another Bitcoin, I could literally copy the source code this afternoon and launch a new blockchain tomorrow.

That does not mean it would be successful.

But it does mean the technological barrier to entry is remarkably low.

Which raises an interesting question.

If the product itself is highly reproducible, then where exactly is the moat?

Perhaps the moat is not the technology.

Perhaps the moat is the brand.

Perhaps the moat is being first.

Perhaps the moat is the network of people who collectively believe it has value.

In other words, perhaps Bitcoin's greatest asset is not its technology at all.

Perhaps its greatest asset is that it became the Coca Cola of cryptocurrencies before anybody else.

But even that comparison raises another question.

Coca Cola did not remain dominant simply because it had a famous brand. It spent decades expanding, innovating, acquiring businesses, building distribution networks and creating an entire ecosystem around itself.

The world's strongest brands rarely survive by standing still.

History shows that when a product becomes easy to reproduce, value often migrates away from the product itself and towards the brand.

But history also shows that brand alone is rarely enough forever.

That is what makes Bitcoin such a fascinating economic experiment.

Is Bitcoin truly scarce?

Or has the market simply attached enormous value to the first and most recognised brand in a highly reproducible category?

Groundbreaking economic analysis by Hoto Nagasaki Ninja Star Hirihito.

Nobody knows where he came from.

Nobody knows where he went.

But he vanished, leaving behind a hard drive containing a significant percentage of the world's most questionable economic musings.

Believe, motherfuckers.

#Bitcoin #Crypto #Investing #Economics #Business

[It's going to be ok @LongHorizonView]

@ZackPolanski The famously failed ‘Tit Hypnotiser’ is now trying his hand at Bond Market Hypnosis. To be fair though, after years of practising in front of the mirror, all that tit hypnosis apparently did work. He certainly became a massive tit, trying to usurp a massive tool of a PM.

[It's going to be ok @LongHorizonView]

@NoJusticeMTG Yeah, being arrested while you are dying because of your race though........

[It's going to be ok @LongHorizonView]

In my humble opinion, he is a paternalistic racist, married to an oikophobe, living among and serving a party of oikophobes, desperately trying to dismantle the culture that gave them everything. They wake up every day resenting the very country, traditions, and people that built the society they benefited from, and have devoted themselves to tearing it down while pretending it is “progress.”

[Konstantin Kisin @KonstantinKisin]

"It's very important not to politicise a personal tragedy."

[Konstantin Kisin @KonstantinKisin]

Henry Nowak: How Anti-Racism Gave You Racism

[It's going to be ok @LongHorizonView]

The most accountable people in the Henry Nowak disgrace are not simply the officers on the street, but the leadership teams who pushed and enforced policies that explicitly rejected treating everybody equally regardless of race.

Their own guidance stated that anti racism does not mean treating everyone “the same” or being “colour blind.”

That mindset clearly filtered down operationally. A dying victim was handcuffed while a false accusation of racism from the attacker appears to have immediately influenced police assumptions.

Now the same leadership are apologising on television. But all the apologising in the world does not change the fact that they helped embed this double standard as official policing culture.

Disgraceful.

[It's going to be ok @LongHorizonView]

The 1.1 million net zero jobs claim is a fallacy because it confuses jobs supported with jobs created. The direct figure behind the claim is around 308,000. The official ONS low carbon and renewable figure is 304,000 FTE jobs in 2024, and that number actually fell from the previous year. So the headline is inflated, politically convenient and deeply misleading. It counts the widest possible benefit of net zero while ignoring the industrial jobs lost, displaced or never created because UK energy costs have become uncompetitive.

[Julia Hartley-Brewer @JuliaHB1]

Labour folk accusing @Nigel_Farage and Reform of exploiting Henry Nowak's murder for political gain really need to take a long hard look in the mirror.

[It's going to be ok @LongHorizonView]

@donmcgowan Can you show me on this doll where exactly it hurts, precious?

[The Best @TheBestqueenx]

Awesome ad.

[It's going to be ok @LongHorizonView]

@stephenpollard @BorisJohnson The epic lack of self awareness from the worlds biggest and most treacherous blonde turd, never ceases.

[It's going to be ok @LongHorizonView]

@ZackPolanski People chose to invest in bond markets, allocating freely, their pensions etc in their confidence in a country. Chosing to allocate their private savings or pensions in bonds or not, is one of the most democratic things there is. Using dental floss is the same principle.

[It's going to be ok @LongHorizonView]

@GeoffreyLean What an utter load of tosh.....

[Creative Deduction @CreativeDeduct]

“Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone.” - Frédéric Bastiat

[It's going to be ok @LongHorizonView]

@tonyannett Tony Annett getting upset they won't be able to steal Peter's money......

[It's going to be ok @LongHorizonView]

@archer_rs Existential threat..... existential pile of fabricated horse shit maybe.

[It's going to be ok @LongHorizonView]

@acceler8future @elonmusk The out right betrayal over the past 14 years of Conservative values, this was not by accident. They did so willfully, that kind of betrayal means they should never be in power again.

[Creative Deduction @CreativeDeduct]

By the 1930s many Western intellectuals reluctantly realised that classical Marxism had failed and the proletariat wasn’t revolting. But then a group of exiled German Marxists led by Max Horkheimer, Theodor Adorno, Erich Fromm and Herbert Marcuse decided to change the battlefield.
Instead of economics, they targeted the “cultural superstructure”: family, religion, tradition, sexual norms and the very idea of objective truth. Their weapon was Critical Theory - a relentless campaign of negative criticism designed to portray every Western institution as inherently oppressive and capitalism as not just economically flawed, but psychologically and morally corrupt.
Marcuse gave the strategy its most powerful tactical manual in his 1965 essay “Repressive Tolerance”: true liberation, he argued, required “liberating tolerance” - tolerance only for progressive ideas and outright intolerance for conservative or “regressive” ones. Free speech, in other words, was only legitimate when it served the revolution.
The intellectual poison of the Frankfurt School was extraordinarily influential and as its graduates and intellectual heirs colonised universities, media, NGOs and corporate HR departments, Critical Theory evolved into today’s identity politics, DEI mandates and cancel culture - a cultural Marxism that attacks the individual in the name of group grievance. What began with a small circle of German émigrés in the 1930s now shapes the moral vocabulary of much of the Western elite. The result has been a softer, more pervasive authoritarianism: the dictatorship of the politically correct.