ETHSecurity Badge holder
Joined March 2018
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explore 🦇🔊 retweeted
DTCC is not our friend. We must dismantle existing power structures, disintermediate, and put entities and their securities directly onchain to rebuild capital markets on the internet.
explore 🦇🔊 retweeted
Seeing lots of these types of posts. And I agree, life is obviously much more expensive these days.
But I'm wondering if anyone has done a study comparing what people were buying week in and out in the 70's and 80's versus today?
I remember growing up, I got to buy 2 things of any value each year! My birthday and Christmas. That was it, and it wasn't a massive item either. Maybe got a little pocket money, but I had to work a high-school job to have anything. The TV was swapped out every 10 yrs. A holiday was a road trip. Clothes were looked after, some passed down. A restaurant was maybe once a month and a bagged lunch to school/work. And even with this, there wasn't much money left over. It was no picnic.
Today, families (including mine) seem to buy all sorts of shit daily. The money flows like water. Coffees daily, order in 2-4 times weekly, restaurants and cocktails, 5 streaming plans, phones for all, flat-screen every room, to lazy to mow own grass, uber everywhere, one car per adult, clothes swapped frequently, renovations often, international trips, etc etc
So when we talk about housing affordability, how much of this is choice/preference?
I'm in my 40s. I'm a lawyer. My wife is a lawyer. We both work full time.
We cannot afford the house my parents purchased on a single electrician's income in their 30s.
We cannot afford the house my immigrant grandparents purchased on a single MTA bus driver's salary in their 30s. They had SIX CHILDREN.
For 30 years, politicians in Washington & their oligarch allies convinced regular people that this was just about avocado toast and fancy coffee.
In reality, this is end-stage capitalism. Everyone is stuck in place. It's impossible to buy a home. It's too costly to move. We work too much to have passion projects. We don't have enough savings to start our own businesses. We can't afford to go without healthcare to do it.
Thanks for writing this article @troy_closson. Would be very happy to discuss further.
nytimes.com/2026/10/25/nyreg…
explore 🦇🔊 retweeted
Live by the sword, die by the sword.
Those who pick fights with me should understand that I will find out who is really pulling the strings and come for them, not just their puppets …
Capitol agenda: Dem gavels are coming for Elon Musk politi.co/4dPcGpd
explore 🦇🔊 retweeted
so I'm going to tell you a secret
our team actually cares an absurd amount about building private money without backdoors
if that means we have to keep out the terrorists, so we can have privacy for the good guys, so be it
we're cypherpunks, not anarchists 🫡
explore 🦇🔊 retweeted
We aren’t really in a world of what “works”. We’re in the part of the movie where you need to throw whatever you can in the path of the zombies and hope it slows them down.
explore 🦇🔊 retweeted
wait wait wait
so you’re telling me there’s a world computer that exists everywhere and nowhere, that no single person or company owns or controls, that anyone in the world can use, that anyone can deploy software to without asking permission, that’s been running continuously for over a decade, that processes billions of dollars in activity daily, that has tens of billions of dollars sitting inside permissionless contracts, that lets complete strangers exchange money and assets without trusting each other, that lets developers build on top of other people’s applications without even talking to them, that enable a type of networked generative art that’s never been possible before, that has no CEO, no business hours, and no off button?
nice.
