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graycat
43ddb32f1094e7b078ca63424de050857d8bd102e3936757d052bf9bb2df3755
Direct realist, individualist, libertarian, dove. Trying to overcome my biases.

Well, if you have any, I’m willing to take it off your hands.

Jason Brennan critiques popular arguments for restricting #immigration among countries.

https://youtu.be/vrXqbJn1ss8

Hm, maybe I’ll watch it tonight or later this week. This is the best review of the book I’ve ever read, timed to coincide with the 2013 movie’s release. The reviewer, #[3]​, is even technically on Nostr, but he hasn’t posted for a while.

https://reason.com/2013/05/02/the-great-gatsbys-creative-destruction/

What if we compiled a similar token frequency table for non-spam? Could that be “subtracted” from this table for an even more useful table?

Yeah, I know. I presume the presence of one word on the list is going to be insufficient to tag a post as spam.

Circle makes it sound like Silicon Valley Bank was solvent, but an irrational mob caused a liquidity crisis. This is false.

In my opinion, FDIC is not needed. Banks can pay for their own deposit insurance, and accept the scrutiny from insurers that would accompany it. Or depositors can be more prudent about whom they lend their money to. The FDIC just creates moral hazard.

Replying to Avatar Fuchs

No*

USDC has lost dollar parity. SVB’s depositors and investors will lose money, or taxpayers and dollar holders will if they’re bailed out.

It’s neither. Silicon Valley Bank was poorly managed and became insolvent. Its failure says little about fiat currency.

“Daylight saving time hasn’t achieved its primary public policy goal—energy conservation—and may actually undermine it, imposing significant environmental, health, safety, family, and economic harms along the way.” #EndDST

https://capitolism.substack.com/p/enddst

“Black swan failure.” Give me a break.

Collateralized stablecoin USDC isn’t looking too good at the moment, either.

Sure. Markets are chronically underrated, but they’re not the *only* institution that can work well. I just wish people would stop trying to expand the scope of democratic politics, a chronically overrated institution where the benefits are almost never worth the trade-offs.

I just noticed the Reason Rat zapped me some satoshis a few days ago. (Thanks!) That rat hears everything in the D.C. #Reason office.

#[1]

https://twitter.com/reasonrat