@JosephPolitano@EPBResearch I didn’t, I actually thought you deliberately created a straw man to generate controversy, it was pretty obvious he said “the labor market narrative is an illusion”. Before I even read Eric’s response I thought “he didn’t say job growth is an illusion…”
@milocredit If I have to put up significantly more crypto than the down payment for a traditional mortgage, all you’ve done is given me an over collateralized loan against my crypto. No? The real estate secures say 80% of the loan (assuming 20% down payment).
@milocredit Wait, I don’t get it. The real estate is the collateral for the mortgage and a traditional lender will require some down payment (call it 20%), so for a $1MM house, say I would normally put up $200K and the bank would finance $800K.
@milkshakespod@SantiagoAuFund@jonkutsmeda Brent, I want to listen to your amazing thoughts but your audio is making it impossible. You sound like your in a bathroom on speaker. Get a real mic please!!
@yurikoETH@dundermifflun@tier10k Means % premium or discount to the current market price. For example, if BTC was trading at $10k, the BTC owned by the trust is currently trading at $5.5k or a 45% discount. This could be for a number of reasons, inability to liquidate the BTC, it’s levered or nonexistent
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@profgalloway@jason_kint Off topic, was just listening to Pivot. You mentioned fear of deficits. I've studied economics my whole adult life and this upended my thinking. Would love to hear your thoughts, maybe have Stephanie Kelton on Pivot (not Sway! I kid, I kid). https://t.co/Q4lrQ6daT3
@SamHarrisOrg@wakingup 4. experience. If one considers this “processor” as the self, how can it be an illusion? On the contrary, it is all we have to make sense of the otherwise random data of consciousness. Can you comment on this idea?
@SamHarrisOrg@wakingup 3. must be “processed” in order for me to understand that I’m looking at a tree for example. Or to understand the words I’m writing. This “processor” is what I consider the self. I understand that I don’t control it, but it is unique to me as it is by definition a product of my