Bitcoin, Crypto, and NFTs are a Ponzi Scheme

My response to a friend asking about Bitcoin.

I read hacker news quite a bit, and the general consensus among tech people is that crypto as it exists in most current forms is just a scam. There are crypto supporters, who generally are bordering on religious fanaticism, but they are a small minority.

The core issue is that crypto, like it’s retarded brother NFTs, has absolutely no underlying value.… read more “Bitcoin, Crypto, and NFTs are a Ponzi Scheme”

Better Elections Through Education

Citizens should not be able to vote in an election unless they watch a ~15 minute online video speech by each candidate. Perhaps there should be verification that they paid attention, either by administering a 3 question basic quiz of what the candidate said (probably put together by the candidate?), or by facial verification.

Hopefully this would remove the name recognition component of elections and remove the Bushes, Clintons, Trumps from power.

Watch Chappelle’s New Special

Dave Chappelle is easily the best comedian of all time. The new special shows it. Twitter sucks. Cancel culture sucks.

Posted the above after seeing a bunch of negative articles about the special. But then I went to the clickbait New York Times article that tries to make it seem like there is a major controversy here.… read more “Watch Chappelle’s New Special”

Free Markets Need Perfect Competition

Adam Smith said that to have an efficient free market, there needs to be perfect competition. Perfect competition is when all parties are free to transact or not transact as they please and information on prices is clear to everyone. Perfect competition is the best possible scenario for consumers (you and I, our families, and our friends) because it means we always get the best value for services and goods we buy.… read more “Free Markets Need Perfect Competition”