My 17 month old son looked me straight in the eyes today and said “dad, why do you pay taxes if the government just prints money out of thin air, never balances a budget, and yet uses your tax dollars to fund war/genocide you never voted for?”

What should I tell him?

Ok maybe he’s one of the exceptions 😂

But for real…we could have a long chat about Kanye. I was a huge fan, and still am of a lot of his music, and I think he is acting how he thinks he’s “supposed to” and not who he actually is. The soft soul, mamas boy, brilliant artist and producer.

He’s created this ego ever since his mom died that gets more and more intense every year and he’s just sooo gone

This probably should’ve stayed in the drafts

Historically, leases have been getting 1-4% APY and payment routing 0-1%.

The variability appears to have been due to onchain fees, since that's the cost of deploying or redeploying capital.

Payment routing is a function of how many payments are done.

For Rails, I can't guarantee returns, but I'm very bullish on the future of decentralized lightning payments.

I'd expect that the market will continue to evolve and we'll see more Bitcoin payments. Routing revenue is a derivative of that.

The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!

Talked to two XRP holders.

They told me they are very, very smart.

Usually I can just tell.

The combo of 1) people getting sucked into digital echo chambers and 2) people believing hallucinating AI answers without checking, is going to take a lot to change.

We are in an environment where if things *look* official enough, we’ll usually just instantly believe them. Since nobody has the time or inclination to check everything.

Like, someone can just tweet a picture of me at a conference, and put a quote next to it, and tons of people will take it at face value. People won’t stop and ask “is this actually a quote of hers from this conference?” It could be years ago, out of context, or not said by me at all, but one would never know since it seemed legit enough.

The current counter to this is basically to assume most things are potentially wrong in part or in full, unless further verified. But the risk there is people get detached and don’t bother researching things.

One thing you can do is go through your follow list and remove people/entities who don’t have a high signal ratio. In other words, keep people you agree or disagree with that are locked in and high signal, but remove those who parrot things they don’t understand or spread misinformation on a regular basis.

In an environment of endless quantity, it is more important than ever to elevate quality.