Favorite Rejects 2022-11-17
Deflation from technological advances produces recessions in the short term federalreserve.gov/econres/ifdp/a…
It can be easy to miss this but there are two parallel discourses — one that's like "of course FTX was a scam, all crypto is a scam" and the other is like "of course FTX was a scam, FTX was working with regulators and abandoning the true faith of DeFi and Bitcoin maximalism."
one interesting discourse note is that of course people with strong anti-crypto priors are all over the ftx story and generally running with the most negative take on it and claiming vindication (as is often justified), but so are *pro* crypto people, especially bitcoin maxis
Matthew Zeitlin @MattZeitlin
Larry David getting sued for getting paid by a crypto exchange to promote it, wherein the promotion is Larry David playing Larry David claiming not to get crypto and not to think it's worth buying into... is both very Larry David... and very crypto.
Larry David, Tom Brady, Stephen Curry, Other Celebs Sued Over FTX Crypto Exchange Collapse https://t.co/U9iQlmmghs
Maximum Canada is beating One Billion Americans and I'm sad.
US population: ~333 million Population growth in the past year: 944,000 Canada population: ~39 million Population growth in the past year: 703,000
Ben Rabidoux @BenRabidoux
No, because the whole point of crypto is scams. This is like trying to have a regulated Ponzi market.
@jbarro Do you think we will finally see some sort of comprehensive regulatory structure around crypto? Feels like we are just relearning every financial lesson of the barely regulated late 19th and early 20th century.
I know you are not supposed to read the comments and this comment was meant to be negative, but this mades me so proud of the work I did to get re-elected.
Sat down for another discussion with Ryan Evans on the course of the war. We talk about implications of UA victory in Kherson, and what the winter might bring. Tune in if interested.
The difficulty of pivoting or redeploying a scientific grant after a dead-end has been discovered is one of the forces pushing scientists to prioritize incremental, "safe" research.
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule cnb.cx/3EDsxWO via by