Zippity zap, no looking back

While I’m not happy to see other protocols get messed with by the USG, it’s not a surprise the government draws a distinction between POS and POW and bitcoin vs everything else. They’ll come after us in different ways, but can’t get us on securities fraud.

Daisy is the only other one I’ve seen.

Perhaps a non-shitcoin custody use case for MPC actually.

That’s a bingo

Itsa good morning for Texas to be bigger than Italy.

There are several reasons that the Berkshire Hathaway founders hate bitcoin, but a major reason is their ownership of coal power plants and monopoly pricing in regulated energy markets around the United States.

These energy companies and utilities that all roll up to BH are replacing their coal with renewables not because it’s better for the environment, and not because it’s cheaper, but because they get a guaranteed rate of return on their investments to produce power.

Regulators under the guise of consumer protection attempt to cap the margin utilities can charge their constituents. However that simply incentivizes the power producers to produce the highest cost power possible. If you can earn a maximum of a 20% margin, you’d much rather spend $1billion and make $200 million that spend $500million and make $100million to produce the same amount of energy.

Bitcoin brings incentives to produce power cheaper, which of course would benefit all industry, but significantly reduces Berkshire’s ability to grow. Bitcoin would keep the coal plants going, making these companies stagnant in how much cash they can generate. They have to find more expensive ways to produce energy or they cap their growth.

So yeah, Munger can go fuck himself.

I fully support @awayslice ‘s Russia maximalism.

This should hold you over.

It’s a great sin, but as you can see, there was business to be done in Austin.

Twitter is frustrating the important work at the Bitcoin Commons…

Report back please

I like this one.

Cool feature. Early Twitter days with the open API I built something like this for KnowAboutIt.it. Just being able to lens into anyone else’s public following list. Innocent but voyeuristic.

GM. You could drive from Rome to Amsterdam and still be in Texas.

Replace Reddit with /biz and yeah.

I’ve learned two openings and two defenses. Can only consistently beat 13-1400 at this point. It’s a solid app.

Ordinal enthusiasm

This is really nice.

Nothing. Texas is just big and Texans like talking about it.