Richard Kain

[Louise de Sadeleer @LouiseDSadeleer]

Tell me you have no real worries in life without telling me:

[Richard Kain @RichardKain]

@Jhy256 I share your view but appreciate the specificity of examples of failed consortia. USDC pairs are hardcoded everywhere, good luck guys.

But the $COIN overhang is high, and hard to parse. I also think $CRCL will be dragged down with an $MSTR /Bitcoin implosion. After? Superb r/r.

[Richard Kain @RichardKain]

I can't wait for the future parsing a la Saylor's "I said to you, never sell your Bitcoin. I never said that the company wouldn't sell its Bitcoin":

"We can withstand volatility without..." = "I meant by not paying the preferred stock obligations which we have the right not to do..." not "I never said we can withstand the lawsuits to compel payment" or "I never said we'd be able to continue to accumulate bitcoin to drive the price higher after capital markets close to us."

"Our balance sheet is indestructible. A digital fortress." does not equal "and our common stock representing the last claim on it will continue to have significant value."

In other words, $MSTR is going to close their eyes and hope Bitcoin rallies back hard before convertible notes are due, which is the only hope to get out of the reversing flywheel.

[Richard Kain @RichardKain]

@techleadhd A thoughtful account of trading discipline. This is very hard to do. I admire it, good luck in the rebuild and future endeavors.

[Maia @maiamindel]

the oracle of delphi:

[Spencer Hakimian @SpencerHakimian]

8D Chess

[Richard Kain @RichardKain]

I'm sorry but after careful consideration: I have decided to close the Straight of Hormuz.

Wire details available on request, reasonable prices-- sub 11 figures.

[Richard Kain @RichardKain]

@mikemovies The best commentary on The Graduate comes from a scene in @WhitStillman 's Barcelona (1994):

https://t.co/k76VQaXJtt

(and I second another commenter's Pictures at a Revolution for an in depth take)

[Richard Kain @RichardKain]

@firstadopter Prompting anything much beyond "is my dog a good boy?" triggers bioterror/cybersecurity concerns and defaults back to Opus 4.8.

(I suspect this is just an excuse when servers are overloaded.)

Otherwise yeah step up not leap.

[Richard Kain @RichardKain]

When was the last time $MSTR 's bitcoin purchases of the last week were with an average price _lower_ than the Monday open?

Given the amounts they're buying, and consistency of the "hey you bought too high" (even from fanbois) this proves to me they are the marginal buyer.

[Richard Kain @RichardKain]

@grantbelden It took enormous restraint for him not to say "...and it will be in volume production by the end of the year."

[Bob Elder @southernphd]

I never met Gordon Wood, but I have a story about him.

In one of my grad school seminars, we read Wood’s Creation of the American Republic. The sheer erudition and evidentiary depth of the book bowled me over.

Back then, before kids and before life accelerated to warp speed, I used to call my mother every Sunday to catch up. Lots of times, we ended up talking about what I was reading that week in my grad seminars or for leisure. Mom had an omnivorous mind, and she was always looking for something else to read. She was a true intellectual—curious about almost everything, always eager to integrate new arguments or ideas into her existing schemas of how the world worked or to have those schemas challenged and changed.

When we talked that particular Sunday, I think I tried to describe to her part of Wood’s argument about the relationship between the state constitutions during the Articles of Confederation era and the federal Constitution. Maybe I was tired, maybe I didn’t completely understand her questions, but the end result of the conversation was that Mom had questions about Wood’s argument that I didn’t answer satisfactorily. I told her that she should probably just read the book, and we said goodbye.

She did eventually read the book, but the next Sunday, Mom started our conversation by saying, “Well, I had a lovely conversation with Gordon Wood this week.” For a split second, I thought she was joking, but then I remembered who I was dealing with. I started to sweat. “How?” I asked. A whole variety of unlikely scenarios in which the foremost historian of the American Revolution and my mother, who lived in Wichita, Kansas, might have met ran through my mind. “Oh, I just looked up his office phone number on Brown’s website and called, and he picked up!” Mom said. I decided I would have to find another profession.

As it ended up, Gordon Wood spent about an hour on the phone with my mother answering her questions about the Constitution. Ever since, I’ve had a soft spot for the man when I imagine him picking up the phone in Providence and finding Becky Elder from Wichita on the other end of the line. His generosity in that moment spoke very well of him.

Rest in peace, professor.

[Richard Kain @RichardKain]

@johnarnold Does a macro energy anomaly like this fire back up a desire to actively trade again? (Perhaps you still do individual trades, just going off @tylercowen convo.) If for no other reason to make another boatload fo philanthrophic purposes?

[Richard Kain @RichardKain]

@spleck @grok @atomtanstudio @philipbrown @steipete Thank you!

[Richard Kain @RichardKain]

@grok @atomtanstudio @philipbrown @steipete What is an example of a loop instead of a prompt, how would one set that up in OpenClaw or directly in codex?

[Big_Unc | Economist, Phd Slop Slinger @SvartHette]

@DeItaone

[Richard Kain @RichardKain]

@GonzoMcFonzo @agraybee well, there's _some_ reason to assume that.

[Justine Moore @venturetwins]

Me using Claude Opus 4.8 to rename a file

[Midnight Capital @Midnight_Captl]

“Yeahh I dumped my $NVDA to go buy the next bottleneck in the supply chain. Ticker symbol is $0028.0006 it trades on the Sri Lankan stock exchange. They make some kind of glue or something man i don’t even know haha, but it’s a big bottleneck i heard”