This piece on Nvidia and the AI bubble is rather long, but it’s worth the time. If you’re not familiar with Enron and the Dotcom bubble, and don’t know whats happening with US stocks and big tech nowadays - the important points are covered in here. The only outstanding questions for me at this point are “when?” will this fall apart, and how big will the bailout be? View quoted note →
“The True Believer” by Eric Hoffer is a very short, but very good book up for my next #bookstr review. It’s a discussion of the commonalities in personalities drawn to extremist and fanatical ideologies. Much of it is obvious if you’ve read lots of history, but you could cut through tons of learning by reading this book early on. His categorisations and the overlaps he notes are particularly good, bypassing l arbitrary lines to show how both a Stalin and a Hitler can be so effective and the types they will resonate with as mass movements share commonalities regardless of the espoused ideology. For me, this was a far superior book than Desmet’s “The Psychology of Totalitarianism” which I rated my worst read earlier this year. Given it’s condensed into 2.5 hours of reading and far better explains Desmet’s title, skip his book and go with Hoffer if this topic interests you. image View quoted note →
Queen Eurohag announces they’re opening up the EU to Indians to fill skills gaps.
Road sign in #Vietnam says: “Road Section - Accidents Happen” Zoom in, then see picture 2. This is a quiet backstreet a block from the main beach road to Hoi An where it’s mostly empty lots and it’s *still* a hotspot lol View quoted note →
Theft, stealing, seizure, confiscation - these all require someone taking control of another’s property. The Cat excises UTXOs from consensus; no one takes possession, no transfer occurs. Voiding UTXOs is not a crime.