Bitcoin crashed again, falling from $70k to $65k. It’s always the same justification given by the media for why Bitcoin falls, either blaming the fed, inflation, or the economy, but never the fact that Bitcoin is a bubble and unsustainable. The Bitcoin chart is a facsimile of 2022, when it dropped from a peak of… Continue reading Bitcoin: The Disappointment Continues , $20k on the horizon
Category: Uncategorized
SBF sentencing: some thoughts. SBF got no favoritism
The huge story is SBF was sentenced to 25 years in federal prison for his role in the collapse of his crypto exchange, FTX. Some thoughts: The 25-year sentence is the midpoint of my prediction of 20-30 years, and and his political donations were of no avail, as I wrote: I think he’ll likely get… Continue reading SBF sentencing: some thoughts. SBF got no favoritism
Why DJT will not meet a similar fate as past Trump companies
The stock price of Trump Media Group (DJT) keeps surging, defying predictions of its collapse. Trump’s companies have a history of failing, notably Trump Hotels and Casino Resorts which went public in 1995, but by 2004 filed for Chapter 11 bankruptcy and was delisted from the New York Stock Exchange. A lot of pundits are… Continue reading Why DJT will not meet a similar fate as past Trump companies
‘Acquired savant syndrome’ or ‘sudden genius’ probably does not exist
I saw this going viral: The Mystery of Sudden Genius, about a phenomenon in which otherwise ordinary people suddenly acquire savant or genius-like abilities later in life, usually following a traumatic injury or event: In these cases, an individual suddenly becomes a savant, demonstrating incredible talent in a specific domain—typically music, art, calendar calculating, mathematical… Continue reading ‘Acquired savant syndrome’ or ‘sudden genius’ probably does not exist
Trump Keeps Winning
Love or hate him, Trump has a knack for winning. I have never seen someone, except for maybe Mark Zuckerberg, who keeps consistently coming out on top no matter what is thrown at him. It’s like it initially seems like he’s in trouble, and then either nothing happens or he gets his way. The same… Continue reading Trump Keeps Winning
When the going gets tough, hit the delete button! (Reddit and social media commenting guide)
When the going gets tough, hit that delete button. People think that deleting downvoted comments is cowardly. I disagree: it’s cutting your losses. Why would the feature exist if you’re not allowed to use it? Downvotes have gotten worse. Compared to even as recently as 2 years ago, commenting is like crossing a tightrope of… Continue reading When the going gets tough, hit the delete button! (Reddit and social media commenting guide)
Peak Woke? Maybe
Interesting Twitter-essay by @tracewoodgrains, “Contra ‘Peak Woke’”: Contra "Peak Woke" The idea that we've passed "peak woke" has always seemed to me like a fundamental misunderstanding, born of focusing on moment-by-moment controversies rather than longer-term trends. Social justice progressivism has not peaked—it is simply coming into its own.… pic.twitter.com/h55RdueOHg — TracingWoodgrains (@tracewoodgrains) March 22, 2024… Continue reading Peak Woke? Maybe
How ‘DEI’ makes companies more impersonal
I saw this story going viral: Why Tech Job Interviews Became Such a Nightmare. Getting hired for tech jobs is more competitive and difficult than ever before, with job seekers having to clear increasingly high hurdles: John Moore, a technical curriculum developer and instructional designer, wrote in to say that it’s not just software engineers… Continue reading How ‘DEI’ makes companies more impersonal
The great Bitcoin/crypto die-off continues
The great Bitcoin/crypto die-off continues, with Bitcoin having dropped over $10,000 in the past week alone, with no end in sight to the selling. The >$100k price targets as promised by the useless analysts and experts is never happening, just as they were wrong in 2018, 2021, and 2022. What happened to $100k, Mr. Lee?… Continue reading The great Bitcoin/crypto die-off continues
The Daily View: 3/18/2024
Item #1: Apparently, I am "one of the good ones," as a right-leaning Black guy – but it is offensive I think it's cool this dude works for NASA. While we're Just Noticing Patterns, a remarkable number of the people who keep asking when minorities will stop caring about race, and… https://t.co/OGNqYlXYIs — Wilfred Reilly… Continue reading The Daily View: 3/18/2024