Bobby Juncosa

Cofounder of Edgewise, technology for residential new construction. Entrepreneur, programmer, economics / philosophy enthusiast, guitarist.

[Bobby Juncosa @bjunc]

@PerBylund Side note, notice how he blames inflation on the irrational consumer just willing higher prices into existence while completely ignoring the games being played with the money supply. Such a joke.

[Bobby Juncosa @bjunc]

@LayahHeilpern Definitely monero. Public ledger will be weaponized. Especially if (when) BTC is made illegal (predictable due to Gresham’s Law)

[Bobby Juncosa @bjunc]

@CohenSite Going to be really nice. Fits in with the Gables style. That builder has other projects in the area that are further along. Similar Spanish style.

[Bobby Juncosa @bjunc]

@ESYudkowsky Many (economically illiterate) conflate capitalism with corporatism / cronyism. Capitalism is spontaneous order through the voluntary cooperation of individuals pursuing their own interests. Essentially economic democracy where you constantly vote with your dollar.

[Bobby Juncosa @bjunc]

@micsolana I think you’re confusing UBI with negative income tax. Hayek and Friedman mentioned minimum UBI was likely affordable, but neither really recommended it due to the moral hazard.

[Bobby Juncosa @bjunc]

@BenJustman IMO, you’re under valuing privacy, and over valuing a supply cap. Fixed supply is not a requirement of money, but supply stability and true fungibility are. Plus, gold supply increases faster than Monero…

[Bobby Juncosa @bjunc]

@pmarca Such a horrible explanation. Must have been written by Krugman.

[Bobby Juncosa @bjunc]

@RadarHits Economically ignorant people have been claiming new tech will "break capitalism" for at least 150 years.

[Bobby Juncosa @bjunc]

@karlbykarlsmith @jsager99 @kmele Also crazy: far more slaves were sent to Brazil during the slave trade, yet US GDP in 1900 was considerably higher than Brazil's. More evidence to suggest slavery is an economic hindrance rather than some kind of multiplier / catalyst. Forced labor is not economically efficient.

[Bobby Juncosa @bjunc]

@JeffBrees @jsager99 @karlbykarlsmith @kmele IMO, that's a red-herring . 10x as many black slaves were brought to Brazil, and they were "multi-generational" – yet didn't have the same economic result. Millions of domestic / indigenous African slaves were also "multi-generational".

[Bobby Juncosa @bjunc]

@jsager99 @karlbykarlsmith @kmele The "multi-generational" attribute is a somewhat meaningless caveat. That is essentially constant everywhere there were slaves – including the indigenous black slaves that were retained in Africa.

[Bobby Juncosa @bjunc]

@hamcarless Business in the front, 10% for the big guy in the back.

[Bobby Juncosa @bjunc]

@paulg At a certain size, regulatory moats are easier / faster to obtain than product innovation. Happens every time.

[Bobby Juncosa @bjunc]

@johnhfio Truth. More comfortable, and looks a million times better.

[Bobby Juncosa @bjunc]

@justin_hart Just throw everything at the wall and see what sticks.

[Bobby Juncosa @bjunc]

@wesyang My vote is Hanlon’s razor.

[Bobby Juncosa @bjunc]

@samdblond This is Cialdini’s reciprocity principle. In social situations, humans tend to feel obligated to repay favors / good deeds (prevents cognitive dissonance).

[Bobby Juncosa @bjunc]

@bendreyfuss @TheStalwart Same principle applies, IMO. Which is really just a tweak on the “Ringelmann effect”.

[Bobby Juncosa @bjunc]

@SimonDixonTwitt As brilliant as he was, supporting the Fed's role in manipulating rates / money supply always seemed contradictory to almost every other view he held. Practically had a bromance for Benjamin Strong.