MJ

[MJ @the_macrogeek]

@elerianm Real interest rates still negative right? Why would anyone hold yen

[Rothmus 🏴 @Rothmus]

🤣

[Jason Mikula @mikulaja]

@Tarique_Fintech Loyal readers know it's 9am Eastern 😉

[Basic Apple Guy @BasicAppleGuy]

Apple Vision Pro buyers be like...

[Markets & Mayhem @Mayhem4Markets]

"The dollar isn't backed by anything" 🤪

The dollar:

[Lawrence H. Summers @LHSummers]

Even when elections didn't go my way, I always thought the system was robust and that pendulums swing. I do not feel that way about the prospect of a Trump presidency. I think there is a substantial risk that it would be immensely destructive because it moves the conversation into realms that we don’t usually think about. Its destructiveness won’t take the form of interest rates being 100bp lower or higher than they should have been, or the budget deficit being one-and-a-half percentage points of GDP higher or lower than it should have been. But it will take the form of destruction of the fabric of rule of law, which is the air that successful capitalism breathes.
https://t.co/uYhrlSmWEv via @ft

[MJ @the_macrogeek]

Dear lord 😂….

[Brian Armstrong @brian_armstrong]

One idea I’ve been contemplating is that Bitcoin may be the key to extending western civilization.

The natural trend of whichever country has the reserve currency is to inflate the money supply and increase deficit spending until it loses that advantage. The U.S. is somewhere on this journey, which many have discussed including Dalio in The Changing World Order.

The Yuan and Euro have their own issues and aren’t viable alternatives currently, so the assumption is the U.S. can continue to inflate, but what I think many haven’t considered is that people have an alternative now with crypto. They may start moving fiat into crypto, as an antidote to inflation.

Contrary to what some may assume, I don’t think this be a threat to the dollar and the U.S., I think it will be a natural check and balance that will complement the dollar, and be the best defender of long term American interests (and western civilization more broadly). It’s better to move from dollars to crypto than to another country or region’s fiat. I also think both fiat and crypto will co-exist for a long time. They are more complements than substitutes. And dollar backed stable coins like USDC, or flat coins, will play a major role in unifying these worlds.

Still thinking this through. What other good takes are there on this?

[MJ @the_macrogeek]

No less horrendous than the shrimp+boiled egg+pineapple monstrosity https://t.co/bW5Rdy4u5L

[MJ @the_macrogeek]

👀

[SEC Chair Gary Gensler Archive @GenslerArchive]

If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell?

Happy 15th anniversary to Satoshi’s famous white paper that started crypto.

Any crypto companies that are tricking investors should start treating them to compliance with the securities laws.

[MJ @the_macrogeek]

I’m starting to think this Elon guy isn’t all he’s cracked up to be…

[Charlie Kirk @charliekirk11]

A year after Elon Musk bought Twitter, he finally explains WHY:

He says that the niche ideology that turned San Francisco into a "zombie apocolypse" would historically be geographically isolated, and the fallout would therefore be limited. But Twitter gave that philosophy an "information technology weapon," which it could use to spread that mind virus to the whole planet unopposed.

Musk: "In order for the mind virus to propogate it must suppress oppossing viewpionts."

Rogan: "Because it doesn't stand up against scrutiny?"

Musk: "Correct."

Musk cared enough about stopping this virus that he spent $40 billion to do so.

[MJ @the_macrogeek]

Hey Bro I think you forgot to lock out of the PC in the libary of the marriot hotel in mao kai

[MJ @the_macrogeek]

Be

[Ya Bro🌟CJ @CJLeung_DST]

People may laugh at this. But soon enough when they sell this in the West as full-flavour, low-calorie meal replacement, people will be paying big buck to suck on rocks.

[MJ @the_macrogeek]

@TheSpineRip Anyone just miss the classic ninja look?

[MJ @the_macrogeek]

@AngelaZhangHK @WSJ Micron only does low quality memory chips which china can get / make either ways…

[MJ @the_macrogeek]

@elonmusk @catturd2 M@

[Danielle Fong 🔆 @DanielleFong]

𝑎𝑛𝑑 𝑜𝑛𝑒 𝑟𝑖𝑛𝑔 𝑡𝑜 𝑏𝑖𝑛𝑑 𝑡ℎ𝑒𝑚

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

Before you make fun of that kid who still believes in Santa, just remember there are people who still believe in efficient market hypothesis