Do the crime, pay the fine

Even I have to admit, this is sort of an injustice: Theranos, CEO Holmes, and Former President Balwani Charged With Massive Fraud Elizabeth Holmes, the founder of blood testing startup Theranos, has been charged with engaging in a “massive fraud” by the Securities and Exchange Commission. The SEC says she and the company’s president raised… Continue reading Do the crime, pay the fine

More thoughts on Bitcoin

A couple days ago, a long-term reader sent me an email asking about my long-term forecast for Bitcoin. As some may have noticed, in the past 3 months or so I turned bearish on Bitcoin. That is correct: I am bearish on Bitcoin in the long-term, both in terms of the technical chart patterns but… Continue reading More thoughts on Bitcoin

Your Antivirus Software is Useless (and what I do instead)

One of the biggest threats to cryptocurrency holders is malware, which remains undetected on the system only to manifest itself when coins and other funds inexplicably go missing. Your antivirus software is of little use against the most advanced forms of malware, for several reasons: There is evidence that malware can evade antivirus, either by… Continue reading Your Antivirus Software is Useless (and what I do instead)

Post-ideological era, part 2

A few weeks ago I wrote that we are in what can be described as a post-ideological era, as evidenced by the rise of the likes of Jordan Peterson, Dave Rubin, Sam Harris, and Ben Shapiro (whom I have dubbed ‘the four horsemen of centrism’). Yet ideological division is manifestly obvious on social media. Donald… Continue reading Post-ideological era, part 2

More correct predictions: Trump and China

Time Magazine: It’s Time to Give the Trump Administration Some Credit for North Korea Progress. A year ago, the left predicted Trump would be a disaster for diplomatic/foreign relations, the economy, national security, America’s ‘national image’, etc. The NRO-right predicted similar, but to a lesser extreme. Now even Time Magazine, a left-wing publication, has to… Continue reading More correct predictions: Trump and China

The ‘real’ news is often just as bad as fake news

Facebook’s fake war on fake news In August, Facebook announced it would ban pages that post hoax stories from being allowed to advertise on the social network. This precluded a bombshell. In September, everyone who’d been trying to ring the alarm about fake news, despite Facebook’s denials and downplaying, all found out just how right… Continue reading The ‘real’ news is often just as bad as fake news

Bitcoin big down day

Bitcoin drops again, proving what a great ‘store of value’ it is. Meanwhile, the S&P 500 was up yesterday. As discussed a few days ago, 3x leveraged tech fund, since early 2014, has done as well as Bitcoin. Bitcoin drops so quickly because it’s too easy for large sellers to manipulate the price. I still… Continue reading Bitcoin big down day