American entrepreneur and investor. Co-founder of Counsyl and former CTO of Coinbase. Former general partner at Andreessen Horowitz.
Good piece — and towards the end you did guess part of the model I had in mind. Namely that it’s possible for economic contraction to coincide with capital flight to a more stable currency. For example, in Argentina the dollar-to-peso rate increased ~3X even as the banking…
Interesting analysis that reminds me of Lanchester's laws. If you have two militaries that are trying to economically attrit each other, you can't just compare raw budgets. You also need to account for replenishment costs in PPP terms, counterweapon matchups, etc. Model here:
Good piece by @hamandcheese, but he doesn’t go far enough. Obviously the establishment isn’t selected for their numerical acumen. And obviously a 4 year election cycle isn’t a tight enough feedback loop to react to daily advances. We’re asking priests to steer a rocket ship.
Strong piece by @davidzmorris. Credit where due. One comment: the term "collapse" implies FTX was once flying high and then fell. But we don't know when SBF started stealing from customers. Could be early on. If there was never any equity value, it was fraud not collapse.
The speed at which obesity is rising suggests it may not *solely* be a matter of willpower. This outstanding series of articles makes the case that we're being poisoned by environmental contaminants. Are livestock antibiotics screwing up gut microbiomes?