1/10: I have a few big passions: Photography, Art, Music, Travel and Wine. These 5 interests pretty much sum up what I am about, where I make my money, and where I spend my spare time and wages
It has been 25 days since we left the EU. Here's a summary of how it is going for me:
Freedom of movement? No.
Added costs? Yes.
Exchange rate? Down 15% since referendum.
Red tape? Yes please!
Fast track passport control: Nope. Get in line!
Blue passports though? All worth it then
More from Life
Today is a day to celebrate love in our lives.
And here at ACLU-MA, we know that justice is a labor of love. Here are some of our favorite moments of love and justice in the last year, to brighten your #ValentinesDay.
💞👇💞
Almost exactly a year ago, our clients Hanz and Maudy were reunited after being separated by the cruel "Return to Mexico" policy.
And here at ACLU-MA, we know that justice is a labor of love. Here are some of our favorite moments of love and justice in the last year, to brighten your #ValentinesDay.
💞👇💞
Almost exactly a year ago, our clients Hanz and Maudy were reunited after being separated by the cruel "Return to Mexico" policy.
Yesterday, a family of asylum seekers were reunited. Hanz & his son were subjected to #MPP, a cruel policy that forced them into dangerous cities in northern Mexico. We sued on their behalf, allowing them to rejoin their family in Massachusetts. pic.twitter.com/Kce6MTpS9C
— ACLU Massachusetts (@ACLU_Mass) February 7, 2020
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
