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Monthly Archives: May 2020
Teach for America is a social justice cult
[disclaimer for regular readers: today’s news has nothing to do with bitcoin or crypto markets.] Background data: I applied for teach for america, didn’t get in, and then (as non teach for america) applied for and was hired as an … Continue reading
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Raoul Pal bungled bitcoin (2017)
“This revolutionary digital infrastructure [editor’s note: indian government digital cash initiative] will soon be able to process billions more transactions than bitcoin ever has. It may well be a bitcoin killer or at best provide the framework for how blockchain … Continue reading
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With current technology, Bitcoin can only run for 30,000 years
With current electricity generation technology, and figuring that renewables will require energy subsidy from nuclear power for long term functioning, the bitcoin money system can only be run for 30,000 years. “30,000 years: Estimated supply lifespan of fission-based breeder reactor reserves, … Continue reading
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It’s still early days for the boring gray metal
So… The Fed Will Buy Bond ETFs Now. On the most sophisticated investing and tech forum I know, out of 118 howls of outrage so far, there are 3 bitcoin mentions, only 2 leaning positive. It’s still early days for … Continue reading
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