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That's how I roll anyway. https://twitter.com/auren/status/1790037284722524188
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It just hit me that lottery tickets are mostly being purchased by poor people. And with an increasing display of the wealth gap on Socials, more people will purchase more lottery tickets in the future. So while everyone is getting better off over time on a nominal basis, gambling is poised to increase bigly from here.
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This was my quant. The greatest magician in trading markets of our time is no longer with us. It pains me to read about the death of a legend that inspired generations. Farewell Jim https://www.simonsfoundation.org/2024/05/10/simons-foundation-co-founder-mathematician-and-investor-jim-simons-dies-at-86
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State of the nation is somehow Solana eco thinking MEV is a feature while Ethereum eco, and rightly so, thinks it's a bug. I find it startling that this source of Solana's "revenue" increase is actually user money being taken away, while the average SOL holder is cheering for it. Here is to the retail chain I guess.
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Shamelessly stolen from a Russell Napier presentation I saw on YouTube. Here are our options to get out of the whole debt situation. Financial repression is the likely outcome as it stands today. This is fiscal dominance. This is the government telling you how to allocate your money and how much it's worth anyway.
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it's crypto's world, we are just living in it
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ok ok a last one though a bit about her camel toe she makes a lot performance art but cannot quite afford a car I told her it's ok to cry but do it in my lap tonight (alright?) I cannot help with stake and fries her's were the best eyes on the price
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bros I dropped three different casts with rhymes in the replies but I gotta get up now let's get this bread wanna make more sad boy music
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Has somebody figured out how to record system audio out of the box on Mac OS ? Can't believe this is not super easy in 2024. Looks like you always need some weird apps/extensions and/or mess with system settings. QuickTime can record using the builtin microphone but I want direct system audio for better quality.
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The balls young men ought to have in this day and age to go out of their own ways in order to work on themselves. Give them bros some love. https://www.youtube.com/watch?v=ZlflarMz8Ks
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ETH is not a security. Pass it on.
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My lord, this industry is the only place in which you hear North Korea, Myanmar, Laos and the United States of America mentioned in the same sentence.
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This is probably true. And this experience over time unfolds in pulsating waves. Yin and Yang. The fourth turning. Time is a circle. The human mind is an animal that has to clash against reality over and over again, for it cannot help itself otherwise. https://twitter.com/SpencerJCox/status/1786019695348666781
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For the finance lovers, here is compound interest for you. Below is shown the result of saving $300 every month for 30 years, considering a 10% and 15% annual rate. No initial investment. What I find surprising over and over again, is that 5% difference in rate causes a 3x difference in outcome over the entire period.
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Heard people saying token issuance is not an expense for the network. That made me write a little bit about the topic to show to myself why issuance is in fact rather an expense than anything else. I will also briefly discuss parallels to nation state monetary policy in the next Powerlaw memo. What do you think?
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State of the (EU) Nation. We are being told those member states are democracies, but their uncountable committees make its citizens effectively being run like a communist regime in which people still think just more money will solve any problem. Spoiler, it wont. https://twitter.com/daveg/status/1784835703743881256
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Last night the Powerlaw memo dropped again to discuss some interesting aspects of last week. I wanted to share a thought about Ethereum's issuance debate and make the case for why the current fears are unrealistic and how the underlying issue should rather be approached. Curious to hear what people think about it.
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You want to let the kind of information in that helps you prevent certain death. This kind of information, by definition, tells you how wrong you are. Learning how wrong you are is such a beautiful thing because it means that you do not have to be wrong anymore. And who would not want that?
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Latest Powerlaw memo shows again how machine learning and blockchain networks are aligned, and literally need one another. The World Chain L2 is yet another argument for that theory. I would love to hear from anyone who thinks that it is totally not like I theorize in my blog.
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