Castora

Don't forget to capitalize.

[Castora @_____CASTORA]

Pessimists announce the world as it is, knowing the absurdity of necessity, and rebel. Optimists are befuddled with the groups innate need for delusional aspirations and yet are just stupid enough to have some manner of keeping a continuity of irrational proofs for their ideals.

[Peter H. Diamandis, MD @PeterDiamandis]

Pessimists sound smart. 

Optimists build the world.

[Diva Jain @DivaJain2]

Germans thought they had the Chinese market in the bag, now Germany is ground zero of the Chinese Industrial invasion of Europe.

[Alex @obchakevich_]

Local stablecoins in Latam are a case where the numbers are more interesting than the hype.

I compiled the weekly trading volumes for four coins from December through June - and the picture that emerges is quite different from what one might expect.

The Brazilian BRLA (@aveniaio) and BRZ (@transferogroup) clearly represent the mature end of the market. A steady $2.7–4m per week, no drama, the real just works.

The Mexican MXNB (@Bitso) is a different story: one week it’s $1m at its peak, the next it’s almost empty, a real roller coaster.

But the Argentine WARS (@RipioApp) - the smallest in absolute terms, is precisely what makes this segment worth watching. From ~$5k at the start to ~$64k - that’s exponential growth, not just percentage gains.

And it makes sense: where the local currency is in free fall, demand for a digital equivalent grows the fastest.

There’s no need to romanticize it, the market is still thin, liquidity is patchy, and a single major player can easily skew the chart for any of these coins.

But the trend is clear: local fiat-pegged stablecoins are slowly but surely breaking out of their niche to become real financial instruments. And Argentina is the most telling example here.

[Sohaib Abbas @sohaibab9]

@anasalhajji Short term consumer pain for long term strategic gains & reserve currency protection

[Anas Alhajji @anasalhajji]

🔴I was wrong to assume the Trump Administration opposed Ukraine striking Russian refineries and ports out of concern for higher oil prices.

🔴It turns out Ukraine is actually supporting the Trump Administration’s "Energy Dominance" agenda.

🔴By disrupting Russian exports, Ukraine is helping create opportunities for U.S. petroleum products to replace Russian ones in markets around the world—one country at a time.

🔴The U.S. has already captured the Russian market share in more than eight countries, none of which are in Europe.

🔴The same is happening now with the Hormuz Crisis: Capturing markets in Africa from Arab countries.

🐺 So the Trump Administration has no idea inventories are dropping? Yeah, sure

Link: https://t.co/Jei3XXnlI3

[Brad Setser @Brad_Setser]

Macron now supports a European version of section 301. Mertz is starting to worry about China's undervalued currency and looks likely to support the Commission's proposal on safeguards. Mr. Balding is the one living in the past ...

1/2

[Brad Setser @Brad_Setser]

Trump in year 2 of term 2 isn't willing to adjust his tariffs on Europe to make common cause with a changing EU v China, or even to raise currency as an issue with President Xi (might disrupt the Busan truce).

Tis a role reversal sure, but the world moves in strange ways

2/2

[Castora @_____CASTORA]

I could prove what I said out DOGE from the beginning if X had a working search feature. It doesn't. My tweets exist. I called it a bullshit performance.

[Castora @_____CASTORA]

I care that the wealthiest man in the world isn't as dedicated to political change as he has made himself out to be. I called DOGE out in the inception as an op, a big reality show of no consequence except distraction. I don't consider him to be anything but a sometime crony.

[Libertarian Mama 🔔 @LibertarianMama]

I don’t care that someone is wealthier than I am.

I do care that my wealth is being stolen through taxation and inflation.

[GC Newsroom @NewsroomGC]

Northern cod quota to increase 55 per cent: Minister Thompson announces 2026 management decisions for Northern cod, Northern Gulf cod, and Northeast and south coast capelin for Newfoundland and Labrador
https://t.co/WqCPIF7WZX

[Castora @_____CASTORA]

If you think Canadians can just go anywhere for lobster, you have no fucking clue. One of the most over-regulated, over-controlled fisheries in the world.

[DFO Maritimes @DFO_MAR]

On May 31 at Saulnierville wharf in NS, fishery officers made four arrests and seized a vessel, 40 lobster traps, two crates and 76 lobsters, 46 of which were under the minimum legal size. The lobsters were released live back into the ocean.

[Castora @_____CASTORA]

What an idiot.

[Moni 💕 @MoniFunGirl]

President Trump talked about Maine Lobstermen and women today while signing the opening of sea waters to various states.

“You had to go to Japan or Canada to get a Maine lobster, these people are crazy!”

[Congresswoman Chellie Pingree @chelliepingree]

Hi, Donald. Midcoast Mainer here.

You did not, in fact, “have to go to Japan” to get a Maine lobster before you. We sold millions. Our lobster fishery is one of the most valuable in the U.S.

It’s a big reason why people come here, in case you didn’t know!

If anything is hurting our lobstermen, it’s inflation (which you apparently “love”).

Also, exactly *zero* Maine fishermen run their boats at three knots. More like 30 knots—and some go even faster. You should check out a lobster boat race sometime!

I think it might be time for one of your famous Oval Office naps, because you have ZERO idea what you’re talking about.

[Castora @_____CASTORA]

There are no Canadian lobster fisherman in American waters bringing illegal lobster back to Canada. Trump is full of shit.

[Castora @_____CASTORA]

You're a crab, and I'm a human. There are no individuals here, friend.

[Robin Brooks @robin_j_brooks]

Big decoupling between the Dollar versus the G10 (black) and the Dollar versus EM (blue). USD versus the G10 is near its highs of recent months. The EM Dollar is approaching its lows. The EM Dollar is the right signal. Lots of Dollar weakness is coming...
https://t.co/Ntw4FaInXz

[Castora @_____CASTORA]

The problem here is that the "one big, scary problem" usually exists and is insurmountable. The entire enlightenment produced insurmountable problems that forced our acceptance and acquiescence. Pessimists won the battle, and we all conceded to materialism.

[Steven Pinker @sapinker]

And my favorite, from Boyan Slat: "Problem-solvers take an issue and cut it up into small, solvable chunks. Problem-sellers do the opposite: bundling various remotely-connected issues together into one big, scary problem. The consequence is that problem-sellers make problems look insurmountable when they're not." (Boyan knows a thing or two about this: He has done more than anyone to keep plastic trash out of the oceans.)

[Castora @_____CASTORA]

@ChrisWillx Every tweet, evidence.

[Chris Williamson @ChrisWillx]

Perfectionism is procrastination masquerading as quality-control.

“A paradoxical thing about people who consistently choose the most high leverage activity is their efforts have a rough-edged, half-assed quality. Because polishing things to perfection is a low leverage activity.” — @fortelabs

Perfectionism is just a nice way to hide from shipping at a pace necessary to find what works.

[Castora @_____CASTORA]

The entire either or is probably not worthless to everyone. But the attitudes we have towards the world are only this simplistic in data and stats. That an optimist finds the attitude from facts, data, stats is bullshit. Builders build atop rubble.

[Peter H. Diamandis, MD @PeterDiamandis]

Pessimists sound smart. 

Optimists build the world.

[Castora @_____CASTORA]

Every day it is necessary that when an optimist first wakes up, the practitioner (as you find no optimists in nature) find a corner of the discourse and sweep the grounds clean like a young Monk on the temple grounds. Nothing is more important to them than upkeep of their system.

[Castora @_____CASTORA]

Pessimists announce the world as it is, knowing the absurdity of necessity, and rebel. Optimists are befuddled with the groups innate need for delusional aspirations and yet are just stupid enough to have some manner of keeping a continuity of irrational proofs for their ideals.

[Peter H. Diamandis, MD @PeterDiamandis]

Pessimists sound smart. 

Optimists build the world.

[Castora @_____CASTORA]

Every day you wake up and some optimist will need to cheer you up with a story or a distraction, a unfalsifiable proof of their grand whatever, their pseudoscientific benevolent paradigm, this place we are heading towards, or this unseen kingdom of the rose-coloured glasses.