America’s $800B climate splurge is feeding a new lobbying ecosystem
Comments ( https://news.ycombinator.com/item?id=35649062 )
This response in the HN comments perfectly sums up the Silicon Valley fiat cantillon mindset
#[0]

Bitcoin fixes this? 😅
When it becomes much more expensive to make these mistakes in terms of opportunity cost, then less failures will be invested in. The amount of cheap money available determines the marginal value of investment research. Cheap money means you can afford to hide failures for longer.
I'm surprised professional investors you met didn't get it? Were they like "but ycombinator tho"?
I like that. By looking at arguments against you get introduced to a lot of topics and issues you may never have considered. Strongly endorse this!
Difficult to systematize indeed. Investing in your own knowledge base, looking at more sources of curation, and articulating your own thought-through opinion seem directionally good in general (vs. Just reading one paper and parroting their views).
Cheers, thanks for explaining further 👌
There are 2 issues: curation and trust. Was curious about Mike's curation approach, but agree that the trust/accuracy issue is also critical.
I thought this essay by Scott Alexander was a good perspective on that: https://astralcodexten.substack.com/p/bounded-distrust
I don't disagree with any of that. Just curious about what you do personally?
Btw, I'd advocate for a mixture - clearly both sources of curation have problems. Maybe the combination cancels out some of them.
To your original point: agree that reading more also helps to cultivate a sense of what is interesting and what matters. History, novels, real long form journalism etc.
How are you being influenced in terms of what events are important?
A big challenge with news outlets is the curation of topics. Social media obviously isn't immune to this though, it's just more organic with more potential for otherwise suppressed topics and views to surface.
I went through a phase of subscribing to and reading The Spectator cover to cover each week (skipping all the Conservative Party political stuff). Better than most, but still relied on Twitter (at the time) to help me find topics to look into.
Well, this is some bullshit. Government can send unsolicited messages to phones and force them to make a siren noise even if set to silent?
It's all so tiresome 😮💨

I think he'd probably agree with most of the criticism. My understanding is that he had a pretty small % of shares, and was constantly blocked by his board. Sounds like this is the main reason he left because he was completely impotent on these issues.
I'd be harder on Elon since he only has his dog to report to 🙃
Meant to reply to this note
#[3]
Did people use twitter DMs thinking it was encrypted?
Not great, but not exactly surprising.
Jack has owned a lot of mistakes and is actively working towards making Bitcoin better - I suspect that's why he's generally given the benefit of the doubt. Hardly the same thing as Udi 😅
This article is incredible. Shows the detailed functioning of a group of state collaborators working to censor people with a different opinion, but written in a highly positive celebratory way.
Great example of Poe's law.
Thought #[0] did a decent job of exposing how full of shit Eric Wall and his ilk are. Lots of squirming in this interview.
https://www.whatbitcoindid.com/podcast/bitcoins-walld-garden
Lol, I mean #[2]
GM 👋, I've got a new npub - lost my old nsec and logged out of Amethyst 🤦♂️
#npub1a3qwr29jp90868tqeyt6tc4jcj4h4rv9cr6ug5f70nkux3wyf52sz8kzd0 is ded