Looks like I am right again. Bitcoin crashing, down to $23,500, which is $1,000 lower than last week when I said it would crash. People were giving their theories as to why it was going up. I said it was just hype and it would fall again, as it always does. Update on the method:… Continue reading Cryptocurrency has no future
Month: February 2023
America’s Threats are Always on the Horizon, Hypothetical
Balloons and unidentified aerial objects are the latest ‘current thing’, replacing the egg crisis, or is now the Bing GPT crisis? It began with the Chinese spy balloon a couple weeks go, and has ‘memetically’ morphed into a national obsession. This has captivated Twitter and online punditry as being some major coverup or harbinger of… Continue reading America’s Threats are Always on the Horizon, Hypothetical
IQ vs. Income: Threshold Effects and Diminishing Returns
Richard Hanania weighs in on threshold effects of IQ as it pertains to income, such as in Sweden. The lowdown is that there are diminishing return to IQ vs income: beyond a certain threshold, like say an IQ of 130, the correlation breaks down. The highest of earners are not necessarily the smartest. This can… Continue reading IQ vs. Income: Threshold Effects and Diminishing Returns
The new scolds: why liberalism stopped being cool
Tim Urban of the hugely popular site Wait But Why wrote a book, What’s Our Problem. The word “our” immediately suggests both sides share some blame. Even if the author’s positions on most, if not all, major social issues are left-wing, a major part of his brand is not decisively taking sides, but laying the… Continue reading The new scolds: why liberalism stopped being cool
Is The ‘Great Awokening’ Winding Down?, Part 2
The ‘Great Awokening’ Is Winding Down Musa al-Gharbi, a sociologist at Columbia University, has been getting a lot of attention for having written multiple articles arguing that the ‘great awokening’ is winding down. Has wokeism peaked? A major part of his argument is that there are fewer notable incidents: We can see this, for instance,… Continue reading Is The ‘Great Awokening’ Winding Down?, Part 2
The Daily View 2/19/2023: Tesla Car Crash, the Creator Economy and Exiting From the System, and Bitcoin Crash Soon
1 Dead After Tesla Slams Into Fire Truck on I-680 in Walnut Creek: California Highway Patrol Officer Adam Lane said it was not clear whether the driver may have been intoxicated or whether the Tesla Model S was operating with automation or driving assistance features. So from what we know so far, it has nothing… Continue reading The Daily View 2/19/2023: Tesla Car Crash, the Creator Economy and Exiting From the System, and Bitcoin Crash Soon
The rise of right-wing fitness culture
Interesting article Obsessive bodybuilding is a funhouse mirror image of obese trans Gatorade yoginis. There is an instinctive repulsion to these anti-beauty trends on the political Right. I count myself among those who feel a wave of disgust at these advertisements, which somehow also signal a hatred for tradition, moderation, and human striving. Still, in… Continue reading The rise of right-wing fitness culture
Woke-ism winding down? It depends
Musa al-Gharbi writing for Compact Magazine proclaims Woke-ism Is Winding Down. I think the author erroneously downplays or misdiagnoses the problem. Data on media outputs and “cancel-culture” incidents also suggest that a corner may have been turned. Across a range of datasets, we see apparent declines in “grassroots” attempts to censor uncomfortable speech on campus… Continue reading Woke-ism winding down? It depends
On the sustainability of the ‘Western democratic hegemony’
From Freddie deBoer: No, Francis Fukuyama is Wrong, Not Just Not Even Wrong. He writes: or myself, I’m here to tell you that Fukuyama is wrong, wrong wrong: to the extent that The End of History expresses a firm argument, it’s that human civilization has a teleological purpose and that liberal democracy represents a transcendent… Continue reading On the sustainability of the ‘Western democratic hegemony’
Another great day, update on BTC method
Yesterday some people made money by betting on the Superbowl. For me it’s trading. Last week I said BTC would drop (screenshot) and here it is $1200 lower now, in part due to the Kraken exchange suspending it’s Ethereum staking program, at the behest of the SEC. Here it is today: The news is Paxos… Continue reading Another great day, update on BTC method