When people tell you that incentives don't matter. Show them this story.

All organizational inefficiency will be exploited by rent seekers.

One of life's great joys is when you taste the fruit of a tree you planted long ago and forgot about.

Nothing like feeling pleasantly full. Not anxious, not high, not stuffed. Just satisfied.

For free subscribers: Fertility and Fidelity Loss, Hipster Apology, Generational Marshmallow Scam, American Revolution Revisionism, Palestinian Property Rights and more! For paid subscribers: Multisig Recovery Checklist, Lightning Custody Taxonomy, CandyPi, Lava Switcheroo, China v US on Prince Group BTC and more! #Bitcoin Tech Talk #475

Bitcoin Tech Talk #475

Interesting Stuff

If you think from first principles, you'll rapidly come to the conclusion that children are worth having.

Bitcoiners:Shitcoiners Magicians:Mentalists

Deflate away annoyances.

Treasury companies are the new GBTC.

Nobody really knows what they're doing until they're 40.