The ‘magic screenshot‘ never fails, Bitcoin now at $60k after $68k last week. Bitcoin has now fallen $8k since the scam conference ended. Here is what I wrote: Bitcoin is back to $68k, where I took the screenshot on June 11th 2024. This is the last attempt of a recovery until it drops for good.… Continue reading The daily view: 8/4/2024 Bitcoin falls , Iran-Israel tensions rise

I saw this exchange between @DialecticBio and @RiotIQ Correct. IQ and most athletic skills are very highly heritable, but also very highly malleable. Thus "practice." https://t.co/LTtsk4MNGU — Wilfred Reilly (@wil_da_beast630) August 1, 2024 So what? Of course, environment can affect outcomes for traits which are also heritable (e.g. children having stunted growth due to severe… Continue reading Practice works, but genes work better

I keep seeing this narrative that Kamala Harris is seeing a surge and is landing blows against Trump: As we know in 2016 at this stage in race, the media was hyping-up Hillary in a similar manner, except that Kamala is in a much weaker position. Most of this momentum can be explained by the… Continue reading No, Kamala Harris does not have momentum and is a weak candidate

McDonald’s misses Q2 estimates across the board, as consumers pull back on dining out. Nonetheless, McDonald’s stock surged $10, suggesting it’s not a big deal or that the worst is over: No one cares that the food is more expensive. It’s not as big of a deal as the media hype would suggest. There is… Continue reading McDonald’s is a premium product now

Bitcoin 2024 conference is over. Bitcoin peaked at $70k last night, and now crashing to $68k, which is where it was before the conference. So I was right that it would be a dud and fail to boost the price, and as of writing this, Bitcoin keeps falling. Trump promised a bunch of stuff: -Creation… Continue reading Trump promises to commute Ross Ulbricht’s sentence

In earlier posts , I try to answer why the American intellectual-class/tech-elite, like the intellectual-web such as on Hacker News and on Twitter, have such a fondness or affinity for the Chinese upper-class/educated-elite compared to the elite elsewhere in the world, like the British, French, or German elite. Why China? Britain and Germany are much… Continue reading The China-US Connection

I saw this going viral: A new study demonstrates that ultra-processed milkshake high in fat in sugar does NOT cause a brain dopamine response This study examined the brain dopamine response from ingestion of an UP milkshake & obese & non-obese subjects Not only did dopamine not increase, there was no… — Layne Norton, PhD… Continue reading Variable response is not the same as no response

1. The 2024 Bitcoin Conference will soon be underway. Tomorrow the biggest collection of grifters will gather in Nashville for the 2024 Bitcoin conference. Just like in 2022 and 2023, the conference will be a dud and fail to make the price go up, even with Trump speaking. Given that Bitcoin is crashing again after… Continue reading The Daily View 7/24/2024: Bitcoin Conference, Biden is Out

Vance has gotten an unusually large amount of attention compared to what is otherwise typical for a VP nomination. People are wondering what does Vance mean for Trump’s likely second term? I think people are overreading into the implications of Vance. He’s not going to do anything. There will not be anything close to a… Continue reading Do not expect much from Vance

As everyone knows, CrowdStrike has been implicated in the largest IT failure ever, leading to mass outages and millions of people being inconvenienced. Flights were grounded. Hospital systems were down. For 3-4 hours in that early Friday morning, the world had been put on pause, until Cloudstrike cobbled together a fix. Remarkably, Cloudstrike stock was… Continue reading Incompetence at Scale