The Daily View 7/24/2024: Bitcoin Conference, Biden is Out

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

Do not expect much from Vance

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

Incompetence at Scale

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

The decline of Cold-War era ‘genius collectives’, and the rise of human capital

I saw this article going viral, about the rise and fall of Bell Labs: What would it take to recreate Bell Labs? The Cold War era saw the rise of ‘genius collectives’–large institutions which employed a lot of smart people for research and development purposes. This included such organizations as the RAND corporation, Bell Labs,… Continue reading The decline of Cold-War era ‘genius collectives’, and the rise of human capital

The Daily View 7/17/2024: Trump assassination attempt analysis, and more

Item 1: Tech stocks fall a lot on Trump comments . It’s interesting how there are now effectively two presidents: Biden, president de jure, and Trump, the de facto and presumed future president given Biden’s recent spiraling decline. So this means Trump’s comments carry the same weight as if he was president. This works to… Continue reading The Daily View 7/17/2024: Trump assassination attempt analysis, and more

Trump selects J.D. Vance as VP

This was a good, solid VP choice. Vance is qualified and smart, two attributes you want in a VP, as Trump’s advanced age (and now the threat of being assassinated) makes his choice more important than typical of the VP selection process. People are wondering what the implications of his choice are. There will not… Continue reading Trump selects J.D. Vance as VP

“…inches from Civil War”

A few inches and Trump not momentarily turning his head to look away from the teleprompter, and history would have been forever changed. Audience members closest to the stage, perhaps distracted by their smartphones as the rally was starting, would have felt a mist and a sprinkle of fragments and looked up to the sound… Continue reading “…inches from Civil War”