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allen farrington
46.6K posts
allen farrington
@allenf32
difficult difficult lemon difficult
Germany discovering in real-time that you can print Euros but you can't print Watts.
- please sign my petition to move the ship
- I’ve had a theory basically since Trump first emerged as a candidate that his formula for success was entirely a function of how the media treated Romney in 2012. politics of all parties entirely aside, Romney was/is clearly extremely competent, principled, intelligent, andThis Post is from a suspended account. Learn more
- “you ask, what is Bitcoin, Tucker, but really we have to go back to Stornetta and Haber, to Diffie and Hillman, to Hayek. you are familiar with the coverup of the failure of the Bank of England’s war loan in 1914, I assume?”
00:39BREAKING: Co-sponsor of Elizabeth Warren’s “#Bitcoin Ban Bill” admits the bankers helped Warren write the bill.- 🧡 Only The Strong Survive 🧡 A Philosophical, Technical, and Economic Critique of Prospects in “Crypto” Beyond Bitcoin by yours truly and my partner in crime, @Big_Al256, who, it cannot be denied, hits dingers.
- the battle for helm's deep is over. the battle for middle earth is about to begin.Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the #ClimateCrisis is to crack down on environmentally wasteful cryptocurrencies.
00:00 - imagine having a time horizon of 2 hoursBitcoin -$3600. In under 2 hours. This is not savings, not money, not even currency. Nothing but a speculation, a casino chip. Will it go up to $100K and beyond? Maybe. I don't know, and neither do the glib voices who assure you it will.
- the attempted astroturfing of the dipshit chav trader is one of the more amusing recent failures of the regime totally failing to understand the internet and scoring a massive facepalm:Taxing the rich more is difficult but necessary
00:00 - Replying to @Jeremy_Huntbecause you printed a metric fuck ton of money /end
- I'm almost embarrassed I never thought to try this before, but this is a long-term graph of the S&P 500 *as priced in gold*. let's call it Cantillon's graph. it is utterly damning and it should make you very, very mad. h/t @TuurDemeester 🧵
