Manuel Sánchez

Economista (@comunica_unach | @unneargentina | @stanford).

[Luis Arturo Herrera @RealArturoH]

La CNTE acaba de dejarle una lección brutal a México:

No necesitas trabajar, innovar ni producir. Basta con bloquear, presionar y secuestrar vías de comunicación hasta que el gobierno te premie con 800 millones de pesos.

Al final, el mensaje es claro: en México se castiga al empresario, al trabajador y se recompensa al extorsionador.

[Bram Kanstein @bramk]

https://t.co/UKs1EvnqSn

[Сarm1ne @carm1nee]

ex-CEO of Goldman Sachs just revealed his entire portfolio - 98% equities, 90% single stocks - and he trades every single day from his iPad

"the difference between somebody who's really really good and somebody who can't make it is not that great"

"I thought SpaceX was overpriced at $100 billion - they're now proposing $1.75 trillion"

"I've known people in high office - after they finish speaking they say how did I do - they want affirmation - people are a lot more insecure than you think"

bookmark & watch the full podcast ↓

[Simón Levy @SimonLevyMx]

Cerca de 100 millones de líneas celulares sin registrar de forma obligatoria en México.
13 días restantes.
¡Aguanta mexicano !
No registres nada.
Esta es una forma de resistencia también.

[Grayscale @Grayscale]

How should you value a digital asset?

At Grayscale, we view crypto on a spectrum.

Some assets, like $BTC, are digital commodities driven by supply and demand.

Others, like $HYPE, are tied to revenue and can be valued with cash flows.

Read the full stack post from @lowbeta here:
https://t.co/ghWa4nwWhr

[Satya Nadella @satyanadella]

https://t.co/vLmiBKTtX3

[Pablo Majluf @pablo_majluf]

Una precisión.

En español un billón tiene 12 ceros. En inglés tiene 9.

En inglés un "trillion" sí tiene 12 ceros, pero eso en español es billón.

Así que Elon Musk no es trillonario. Es billonario.

Es una precisión editorial y matemática porque muchos medios se equivocan.

[Shruti @heyshrutimishra]

Elon just created 4,400 millionaires in a single day.

400 of them are now worth over $100 million.

These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.

Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.

Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."

The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.

Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

[Don Ricardo Salinas Pliego @RicardoBSalinas]

Congratulations to @elonmusk on becoming the first trillionaire in history!

Every major breakthrough that has transformed humanity from the Industrial Revolution, electricity, automobiles, aviation, and the Internet to today’s space exploration, has been driven by visionary entrepreneurs willing to risk their own capital, innovate, and create value.

Meanwhile, governments do not invent, do not take risks, and do not create wealth; they simply manage (and often waste) the money they take from people through taxes.

@SpaceX is yet another proof that progress is born from freedom, private property, and entrepreneurship, not from bureaucracy.

Congratulations, Elon! 🇺🇸🚀

[Sound Money @Joel_Serrano_M_]

<"La velocidad de la adopción de stables es muy muy superior a la BTC. Posiblemente llegará antes la aceptación generalizada de stables">
El siguiente artículo surge a partir del comentario de arriba (leído en el grupo Bitcoin Tuesday Madrid de Telegram).
https://t.co/0RYQMYWrdT

[Ricardo Pascoe Pierce @rpascoep]

Claudia Sheinbaum es la presidenta rehén con rostro de mirada dura y alma rota. No inaugurará la Copa Mundial por su temor a una rechifla. Regaló “su boleto” a una joven como propaganda ya olvidada e intrascendente.

Dijo que iba a acompañar la selección en el Fan Fest en el zócalo. Ahora, por fortuna para ella, también se cancelará ese evento en el zócalo por el amago de sabotaje de los maestros. Si no, también podría ser agredida por maestros enojados con el gobierno o comerciantes también enojados con el gobierno.

De ahí la presidenta rehén. Rehén de sus errores, rehén de sus filias y fobias, rehén de AMLO, rehén del narcotráfico, rehén de la guerrilla de la CNTE-EPR.

[Aurelio Nuño @aurelionuno]

La crisis entre Morena y la CNTE revela una vieja paradoja política: quien reconstruye poderes corporativos para fortalecer su dominio termina subordinado a ellos.

https://t.co/U4wtQoFMsA

[Financial Times @FT]

Countries that grant AIs legal personhood risk becoming something for which the historical record offers no analogy: not a company state, but an AI state, writes Yuval Noah Harari. https://t.co/jCG6F3lxKq

[Miguel Anxo Bastos @Bastos_Quotes]

Hay un ataque cultural al capitalismo en varios frentes. Por un lado, con la no represión. Se habla de no reprimirse, de "liberarse". El ahorro y la civilización son una represión del instinto. (1/4)

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

Elon Musk thinks the entire education system is built on a broken assumption.

That every student should learn the same thing. At the same speed. In the same order. At the same time.

Musk: “Everyone goes through from like 5th grade to 6th grade to 7th grade like it’s an assembly line. But people are not objects on an assembly line.”

The model was designed for a factory economy. Standardized inputs. Predictable outputs.

That economy is gone. The assembly line is gone.

But the education system still runs on its logic.

A student who masters algebra in two weeks sits through eight more weeks because the calendar says so. A student who struggles gets dragged forward because the schedule doesn’t wait.

Neither is being served. Both are being processed.

Musk: “Allow people to progress at the fastest pace that they can or are interested in, in each subject.”

AI doesn’t teach a classroom. It teaches a student.

One at a time. Every time.

It skips what a student already knows. It finds where they’re stuck and approaches it from a different angle.

It adjusts in real time. Not at the end of a semester when the damage is already done.

A student obsessed with basketball learns fractions through shooting percentages. A student who builds in Minecraft learns geometry through architecture.

The subject doesn’t change. The entry point does.

No teacher with thirty students can do this. Not because they lack skill.

Because the math doesn’t work.

AI doesn’t have that constraint.

Musk: “You do not need to tell your kid to play video games. They will play video games on autopilot all day. So if you can make it interactive and engaging, then you can make education far more compelling.”

The brain isn’t broken. The format is.

Kids learn complex systems and strategic thinking for hours voluntarily. Then walk into a classroom and can’t focus for twenty minutes.

That’s not a discipline problem. That’s a design problem.

Musk: “A university education is often unnecessary. You probably learn the vast majority of what you’re going to learn there in the first two years. And most of it is from your classmates.”

Four years. Six figures of debt.

And the real value comes from the people sitting next to you. Not the institution charging you.

The degree doesn’t certify knowledge. It certifies endurance.

Musk: “If the goal is to start a company, I would say no point in finishing college.”

The system was built to train employees. If you’re not trying to be one, it has nothing left to offer you.

Every lecture. Every textbook. Every curriculum. Now available instantly. Personalized to any learner. Adapted to any pace.

The question isn’t whether the old model survives.

It’s how long we keep forcing students through it while the replacement already exists.

[Miguel Anxo Bastos @Bastos_Quotes]

El capitalismo se basa en el ahorro. El ahorro capitalizado es a lo que llamamos capital. Y con ese ahorro capitalizado es como construimos los bienes de capital. Ese tipo de cosas necesitan un ahorro previo. (1/5)

[Manuel Sánchez @soymansanchez]

Bitcoin. Una salida a la degradación monetaria https://t.co/WyFZ5Ik3o4

[Aurelio Nuño @aurelionuno]

Morena resucitó a la CNTE, hoy los tienen contra la pared mientras la educación se degrada: niños sin clases, caída en las coberturas educativas, desaparición de escuelas de tiempo completo, libros que no sirven, menos recursos para universidades. Tragedia que debemos revertir.

[Michael Saylor @saylor]

https://t.co/yeG4PgpjEq

[Handre @Handre]

Milton Friedman's greatest regret.

The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.

Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.

Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.

This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.

Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.