When I first heard the stagnation hypothesis, I was skeptical. But as I studied the history of progress, I slowly came around, and now I’m fairly convinced
https://t.co/LvFTFr1sAu
My favorite thing about software is how much we underestimate even the largest markets. The first 2-3X is all the people in need of a solution that just haven’t adopted one yet. But the next 10X is everyone that’ll be in the market as you lower the barriers or the world changes.
1/ There's a concept known as financial compounding, but most people don't know about intellectual compounding. Buffett and Munger employed this to great effect and to accumulate mental models such that they can make large decisions quickly. Intuition is simply reading a lot.
Announcing the first-ever interoperable Lightning transactions using real bitcoin with @acinq_co@blockstream! We bought a Starblocks coffee ☕️ and a https://t.co/XOnbhZMCZG article 📰. https://t.co/jJ90GHpmr5 https://t.co/Vvw7YaFxII