crypticrisk retweeted
Without Freedom of Speech there is no America. I think that's why I can't shake this pit in my stomach.
Bitcoin is the last bastion of unassailable freedom, immune to political violence and control. For the sake of the country and the world we must be successful.
crypticrisk retweeted
$1,000,000,000 worth of Bitcoin shorts to be liquidated at $110,000
Never short Bitcoin.
crypticrisk retweeted
I recently spoke with a very successful man whose three daughters told him they have no plans to have children.
Their careers, combined with today’s societal pressures, have caused them to second guess starting families.
This mindset is becoming increasingly common.
There is nothing in life that compares to having children.
All the money in the world,
All the accolades,
All the items checked off the checklist
None of it comes close to the experience of having and raising kids.
crypticrisk retweeted
Elon just said he's setting it up so if you give a one time lump sum to the government that represents your per capita share of the national debt, you never have to pay the federal government taxes again. It's around 66k to buy out, he says.
crypticrisk retweeted
I'm going to say the quiet part out loud.
Tariffs are necessary to focus the economy on reshoring the American industry base in preparation for a hot war in the coming years. – at Watertown, MA
crypticrisk retweeted
BREAKING: Here's the first image of Ross Ulbricht leaving prison as a free man 🧡
crypticrisk retweeted
Mark Zuckerberg just liked Jeff Bezos' wife's Instagram photos...
Odds he gets divorced this year are up to 11%.
crypticrisk retweeted
Buy #Bitcoin while the Billionaires still don't understand the difficulty adjustment
crypticrisk retweeted
Milton Friedman famously suggested the function of government be limited to
1. Courts to enforce contracts and settle disputes
2. Police to keep the peace at home (enforce laws, protect property rights)
3. Military for national defense
. @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health.
The founding fathers were geniuses but (with humility) may have missed the adverse incentives which grow the size of democratic government over time (winning elections by promising more free stuff).
To future proof this, we may need a constitutional amendment capping total government expenditure (at say 10%), or a way to align incentives (Buffet famously suggested an unbalanced budget makes all members of congress who vote for it ineligible for reelection).
You’d ideally have a way to temporally dial up burn (say in war time), but still have the right incentives to not let spending get totally out of control longer term. An example would be a U.S. sovereign wealth fund, where every citizen gets a share (maybe people can buy more if they want), and any budget surplus pays a dividend. Every citizen then has skin in the game. Maybe congress gets a slightly larger stake.
What are the best ideas out there to align incentives toward fiscal discipline long term?
crypticrisk retweeted
Dear @VivekGRamaswamy & @elonmusk,
Incentives matter.
As such, I propose that the Department of Government Efficiency should only be allowed to fund itself by reallocating 0.1% of funds saved from other departments.
crypticrisk retweeted
If the United States establishes a bitcoin strategic reserve, it will kick off a global FOMO unlike anything we have ever seen before.
