Mark K

Building in crypto. Previously RE acquisitions and banking.

[Mark K @kav_4k]

1/10 There’s a dirty little secret in crypto that’s not immediately obvious to newcomers.

Protocols and DAOs like to trumpet the size of their treasuries, implying that these are vast reserves of liquidity that they can use in times of need.

[Jeanne Ives @JeanneIves]

Governor DeSantis and Governor Pritzker each just signed their 8th state budgets. The contrast couldn't be starker. And the lesson is that who you elect matters. Change out the politicians and you get different policies.
For reference, Florida is 1.8x more populous than IL, 23.37m people compared to 12.71m people. Now consider these points:
1. FL general revenue budget is $52B, IL is $56B. Because state's have different ways of budgeting, lookimg at the total FY27 budgets, FL =$117B, IL=$130B. This doesn't make sense.
2. Pritzker advocated for and signed the largest budget in state history this year and in previous years. DeSantis has lowered the amount spent every year for the last four years and vetoed over $10B in spending during his time in office. Pritzker's budget is up $16B since he took office.
3. Pritzker brags about his credit upgrades, but IL has the worst state credit rating, FL has the best credit rating.
4. FL has a rainy day fund of $18B. IL rainy day fund is $2B.
5. FL is pushing $78B in road programs and moving planned projects ahead 5-15 years. IL can't even get projects planned, permitted and built in a timely manner, so many projects are left undone and money sits in an account collecting interest. And now that surplus interest is being sent to the CTA to bail them out.
6. DeSantis has given back over $9B in taxes. Pritzker has raised taxes every year for a total of over $77B according to IPI.
9. FL is giving $5,000 signing bonuses for police officers. IL politicians want to defund the police.
10. FL is on the cusp of eliminating property taxes for 60% of home owners and they have no state income tax. IL has the highest property taxes, plus individial income and estate taxes, high corporate taxes, and there's been no attempt to meaningfully lower property taxes.
Yes, elections have consequences. But, it can all ve reversed. DeSantis barely got elected 8 years ago. Your vote matters.

[Mark K @kav_4k]

My chess coach lives here. No contact from him in a week. Praying to god he is still alive. Free Iran.

[LibAntiL / لیبانتیل @LiberalAntiLeft]

روایت کشتار رشت:
یکی از اعضای یک گروه گارد‌ جاویدان در رشت برای من فرستاده. همه اعضای اون گروه کشته شدن و این فرد تنها عضو زنده مونده‌ی گروهه.
روز شنبه ۲۰ دی، جمعیت زیاد مابین میدان شهرداری و سبزه‌میدان جمع میشه. جمعیت اونقدر زیاد بوده از هر دو سمت که خیلی سریع بهم‌میرسن (۱ از ۶)

[Mark K @kav_4k]

@TrustlessState My chess coach lives there. Haven’t heard from him in a week. I’m praying he is still alive.

[Hillel Fuld @HilzFuld]

If this was a photo of Gaza, there would not be a single media outlet that didn’t have this on the front page. It’s not Gaza. It’s Iran.

Here is the complete list of media outlets that showed this image:

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[Amy Wu Martin @amywumartin]

Honestly the best piece I’ve read explaining why young people voted for Mamdani:

“I think you can reduce 80 percent of culture wars to questions of economics—like a libertarian or a Marxist would—and then you can reduce maybe 80 percent of economic questions to questions of real estate. It’s extremely difficult these days for young people to become homeowners….
Boomers are strangely uncurious about how the world is not really working for their kids.”

https://t.co/QeienORku9

[Mark K @kav_4k]

@PaikCapital Playing devils advocate - the 46B number is ridiculous but it’s clearly worth far more than the <1B they bought it for

[Mark K @kav_4k]

@icebagz_ It’s been coming for a while now. I’m constantly surprised by how many people under 35 I see going to church

[Mark K @kav_4k]

@notsofast @TheEconomist I also read it religiously growing up! Genuinely want to understand what happened.

[Mark K @kav_4k]

Absolutely no one has commented on The Economist going from almost must-read to complete irrelevance in the last decade. It’s never mentioned or discussed. Interesting discussion as to why.

[Austen Allred @Austen]

Speech is not violence.

We’ve let radicals claim that it is for far too long.

[Konstantin Kisin @KonstantinKisin]

"When you tear out a man's tongue, you are not proving him a liar, you're only telling the world that you fear what he might say".

My thoughts are with Charlie Kirk's family.

[Charlie Kirk @charliekirk11]

Assassination culture is spreading on the left. Forty-eight percent of liberals say it would be at least somewhat justified to murder Elon Musk. Fifty-five percent said the same about Donald Trump.

In California, activists are naming ballot measures after Luigi Mangione.

The left is being whipped into a violent frenzy. Any setback, whether losing an election or losing a court case, justifies a maximally violent response.

This is the natural outgrowth of left-wing protest culture tolerating violence and mayhem for years on end. The cowardice of local prosecutors and school officials have turned the left into a ticking time bomb.

https://t.co/NrrnmBwAR1

[Mark K @kav_4k]

@roshunpatel Dude I saw the video, if he is it’s a miracle. Pray pray and pray some more

[Mark K @kav_4k]

@FFH_Fergi You’ve answered my Ait-Nouri conundrum for me then 😂. GL!

[Mark K @kav_4k]

@FFH_Fergi I may bench Romero and play Ait-Nouri, Porro and Semenyo. Hedges double spurs but it’s a tough call

[Aakash Gupta @aakashgupta]

Years of life advice distilled into one tweet:

[Mark K @kav_4k]

If i was buying a sports team rn Irish Premier Division would be at the top of the list. Cheap, growing massively, tons of other tailwinds.

[Mark K @kav_4k]

@daniel_dhawan @dunkhippo33 Rork

[Mark K @kav_4k]

West Ham are atrocious.