jman

Bible
Bitcoin
Buckethead

[jman @jmanXBT]

@sanatan_kannada @shetty_rishab Was that sarcasm?

[jman @jmanXBT]

@T_RexRoars That’s what they said about Google maps as well when they launched

[jman @jmanXBT]

@NoContextBrits Aman

[jman @jmanXBT]

@Being_Humor

[Amitabh Dubey @dubeyamitabh]

Anthropic CEO Dario Amodei stated in a Bloomberg interview that the India AI Summit was "extremely disorganised".

About the chaos on stage: "There was Narendra Modi up there suddenly telling everyone to hold hands..." (collapses with laughter).

[jman @jmanXBT]

@_kumbhkaran https://t.co/RftHpgPkNW

[Venkatesh Alla @venkat_fin9]

Stop buying a car for at least the next 6 months. Seriously, don’t. Rushing into it now could turn into a costly regret later. Wait, watch what unfolds, and you might end up thanking yourself later.

[Chaofan Shou @shoucccc]

Claude code source code has been leaked via a map file in their npm registry!

Code: https://t.co/jBiMoOzt8G

[nic carter @nic_carter]

it hasn't sunk in for most people. we already live in a post-scarcity society. UBI is already here.

basic package: disability, medicaid, food stamps etc

bonus package: literally getting paid for staying at home and hanging out with your relatives

extra bonus: if you are willing to commit fraud, pretend your kids are autistic and get paid for that. get paid for watching your neighbor's kid. pretend you are taking care of your grandma. fake hospice clinic. fake rehab clinic. fake therapy clinic.

giga bonus: during a time of crisis take advantage of PPP or CARES and open a fake business and get paid for existing

people are shocked when they learn that defense is the FIFTH largest line item in the budget. ahead of defense: social security ($1.6T), interest on debt ($1.1T) medicare ($1T), medicaid + ACA ($1T), AND THEN defense ($0.9T)

complain about defense all you like, but healthcare fraud is a way bigger factor. hundreds of billions per year.

this is only going to get worse, because the fraud is a structural part of the system – payouts to client groups in exchange for votes (normally D).

in the US, only 47% of the population actually works (fully 14% of the population is working age and does not work). retirees are 18% and children 22%.

the system I described above subsidizes 50m non-working people absolute minimum, but really it's far more because people that are paid to stay home and take care of their relatives are considered "workers"

of that 47% of "actual workers" maybe one third does real work, the rest are shuffling papers around or doing fake email jobs. so you have, rough math, 50 million actual workers supporting 300 million dependents. that's the nature of the economy today. it will only accelerate. eventually you will have 10 million using AI tools to do all the work and 340 million dependents.

the reason no one roots out the fraud is because it's the system that keeps our extremely fragile polity intact. the fraud is the UBI. the purpose of the system is what it does.

of course, it's a deeply unfair system, because you are allowed to commit fraud if you are a politically protected client group of the democrats. DOGE was killed faster than any government program ever, because it attempted to root out the fraud. if you are honest and unwilling to commit fraud, you are a huge loser in this system. your neighbor will have their mortgage subsidized by some government program. they will get favorable SBA loans due to DEI. they will open a fake hospice or autism clinic. they will get paid for taking care of their neighbor's kid and vice versa. the primary skill in the labor market is learning how to extract money from state and federal government programs, not gaining skills or making yourself employable. if you are just trying to work an ordinary wagie job you are a huge sucker. you are paying 40-50% effective all in taxes to everyone else who is a net taker.

the sad part is because AI is such a substantial productivity boost, it will actually keep this system going for a while longer, and maybe in perpetuity. AI boosts the 15% of the population that is actually productive so much that the remaining 85% can coast by. no one in charge will change this because they can't think of anything else. the political costs of a real UBI program are too great and we don't have the money for it anyway. so we will keep this covert fraud-based UBI program running indefinitely. unfortunately, if you are an honest wagie, you lose.

[jman @jmanXBT]

@Matt_Pinner You got liquidated

[Four Pillars @FourPillarsFP]

https://t.co/4Icqr6FqkD

[arthur.hl @ArthuronHL]

An incredible liquidation hunt just took place on Binance.

Someone was short 4-8m of ALPINE.

A group of traders who somehow knew or predicted this persons liquidation price, pumped ALPINE by 1500% to liquidate them, robbing 30m USD.

They then dumped their entire position, sending ALPINE down by another 78%.

This was entirely PVP and only possible because the shorters liquidation price was somehow leaked. Not sure if Binance knew their liquidation data, or if it was just predicted based on OI / taker data.

Either way both Binance and the liquidation hunter made a huge amount of money off this entity.

[jman @jmanXBT]

@lynk0x @pacifica_fi

[a 🌙 @fireproofamy7]

Happy International Left Handers Day to all my fellow lefties! It's a special day for us indeed. As a leftie myself I've struggled a lot from writing,cutting, being criticized by relatives for not being righthand dominate blah blah blah.
I'm still a proud leftie
#LeftHandersDay

[jman @jmanXBT]

@greg16676935420 https://t.co/T6x67lsltb

[Crypto Tea @Cryptotea]

Men only want one thing

[greg @greg16676935420]

🚨BREAKING: China has just banned crypto for the 28th time in the past 3 years

[illuminatibot @iluminatibot]

If humans used 100% of theirs brains then Bitcoin would have already reached mass adoption.

[Simply Bitcoin @SimplyBitcoin]

JUST IN: Former PayPal President David Marcus says "generations to come will wish they were born in this one when they still had a chance to own one full Bitcoin."

GET TO ONE BITCOIN

[Anthony Pompliano 🌪 @APompliano]

Hard truth.

[*Walter Bloomberg @DeItaone]

DONALD TRUMP OPENS US 401KS TO CRYPTO AND PRIVATE EQUITY INVESTMENTS: FT

[Carl ₿ MENGER ⚡️🇸🇻 @CarlBMenger]

LinkedIn is for people who don’t own #Bitcoin. We don’t network, we disappear and enjoy our freedom.