Posts tagged "economics"
-
Crypto's Adoption Failure
The restaurant was on the waterfront. Millionaires parked their super yachts literally a hop, skip, and a jump away. I stood waiting to be seated. I was nervous. When I get nervous, I get chatty. To the waitress, I blurted out: “I’m going to treat myself to a cocktail, because bitcoin just got to $100,000.” With a smile, she said in a thick Spanish accent: “There’s an $80 minimum for bitcoin.”1 Plans ruined.
Read more → -
Depowering The Boomers
What does it take to unseat one of the most popular politicians in the world? Shenanigans. But, putting aside that can of worms, what it takes is a rallying of Boomers. That’s the lesson we can take from Thomas Massie’s loss to some uncomely no-name in Kentucky. A lot more people turned out to vote in May 2026; 57% more. The majority of them were over 65. They voted for the no-name because Fox News told them to. This hit home for me that the Boomers are the reservist army of the status quo. They must be depowered.
Read more → -
Gold Is A Civilized Relic
Things which work really well deserve comebacks. Barges, for example. At the moment, we use trucks on roads, but— things change. It has happened before. The Iron-Age Celts used rivers as the highways, and when the Roman Empire fell, the roads fell into disrepair, and barges made a comeback.1 The word ‘barge’ comes from a Celtic root. From this root we also get ‘barque’, a certain type of boat which was Egyptian god Ra’s mode of transport across the sky. Ra is an archetype. He is linked with the sun. So is gold. Write off an archetype at your peril.
Read more → -
Will Bitcoin Flip Gresham's Law?
Natalie Brunell said that bitcoin is “starting to flip Gresham’s Law on its head.”
Read more →