Self-determination and separation of money and state will lead to greater choice, autonomy, freedom and prosperity.
Decentralized Secessio plebis
Joined October 2021
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Decentralize money and states retweeted
Socialized medicine has tripled Canadian wait times since 1993.
30 weeks from referral to treatment.
The state owns the system, bans competition, and forces the sick to suffer due to the backlog of “universal care.”
Americans really don’t want this.
Decentralize money and states retweeted
As you watch this, just remember that if it was up to Democrats, Elon Musk would be in prison and his money would be seized to fund their NGO’s and DEI pet projects. This would mean an end to all the advancements at his companies. They’d quickly waste the money and target a new wealthy job creator to jail and steal money from. Leftism is the enemy of innovation and human advancement.
There’s no single larger threat to our species surviving and advancing than leftist ideology. It’s anti-child, anti-family, anti-innovation, anti-prosperity, anti-tradition, anti-white, anti-liberty, anti-strength and anti-Christian.
Decentralize money and states retweeted
If the Top 1% of Americans disappeared tomorrow, the 99% would face a catastrophe.
If the Bottom 1% of Americans disappeared tomorrow, the 99% would see an immediate improvement in their day-to-day quality of life and our country would be in a fundamentally better position.
Decentralize money and states retweeted
VC investors have enabled the AI industry to bastardize revenue reporting.
In the 2010s, SaaS companies popularized reporting the metric of Annual Run Rate because it was a reliable measure of long term, contractual revenues into the future. The key is that the revenues are contracted and guaranteed thru the contract life hence why forecasting it forward is appropriate.
VCs have taken this to mean Annualized Run Rate when AI is concerned and where you take transactional/API revenue from the last month (or even last week in some cases) and forecast it forward.
It’s insane that investors have enabled this to happen but it’s happened.
Decentralize money and states retweeted
El Salvador's populist president @nayibbukele won with over 80% of the vote -- twice -- and The Economist describes him as "El Salvador's dictator" 🤡
El Salvador’s dictator has put chatbots in schools and created what he calls “the best medical system in the world”. Now he needs another success story economist.com/the-americas/2…
Decentralize money and states retweeted
Anyone can take a pie and redistribute it.
Creating the pie is the hard part.
Decentralize money and states retweeted
Capitalism is not the cause of poverty.
Capitalism is the solution.
Decentralize money and states retweeted
Gallup: Record low 31% of Americans believe a college degree is important 🤯
Universities had a great thing going -- $124,000 to sit around reading books and talking about it.
And they threw it away 🤡
news.gallup.com/poll/715133/…
Decentralize money and states retweeted
Je ne sais pas si vous mesurez ce qui est en train de se passer.
Alex Karp, le patron de Palantir, ne va plus chercher ses talents à Harvard. Il les forme lui-même. Des jeunes de 18 ans, sans diplôme, choisis sur leur seul talent, qui codent sur de vrais projets et lisent de la philosophie politique entre deux sprints. Il appelle ça « le diplôme Palantir ». Et aujourd'hui le New York Post titre que les boîtes tech lancent leurs propres programmes parce qu'elles ne peuvent plus compter sur l'Ivy League.
Ce n'est pas une anecdote RH. C'est un basculement de civilisation.
Pendant des décennies, les entrepreneurs ont confié à l'université la mission la plus sacrée qui soit : former les esprits. Ils comprennent aujourd'hui que cette mission a été trahie. Les institutions censées produire des penseurs libres produisent des conformistes. Le mérite a été remplacé par des critères opaques. L'enseignement est devenu catéchisme. Paul Graham l'avait vu avant tout le monde.
Alors ils font ce que font les bâtisseurs quand un système les trahit. Ils ne le réforment pas. Ils en construisent un autre, à côté.
Elon n'a pas attendu que la NASA se réveille, il a fait SpaceX. Il n'a pas réformé les médias, il a racheté la place publique. Les entrepreneurs ne cherchent plus à convaincre l'État. Ils font l'État, partout où l'État a abdiqué.
Relisez La Grève d'Ayn Rand. Nous y sommes. Les bureaucrates gardent les titres, les budgets, les bâtiments. Mais ils perdent la seule chose qui compte : la confiance. Aux États-Unis, à peine 28 % des gens font encore confiance aux médias. Un plus bas historique. Plus personne ne croit ceux qui prétendent nous dire quoi penser.
On entend partout que l'Ă©cole est finie. Je pense exactement l'inverse.
Ce n'est pas l'école qui est morte. Ce sont les institutions qui l'ont confisquée. L'école, la vraie, celle de l'Académie d'Athènes, des ateliers de la Renaissance, du maître et de l'apprenti, va renaître. Plus exigeante. Plus juste. Sans dette, sans dogme, sans diplôme comme rente à vie.
Une école qui ne fabriquera plus des diplômés, mais des polymathes. Des esprits libres, capables de coder, de penser, de construire et de douter. Ce sont eux qui créeront la valeur des cinquante prochaines années.
J'ai appris Ă coder seul Ă 12 ans. Aucun amphi ne m'a appris ce que j'ai appris en construisant. Je sais ce que devient un talent quand on le laisse respirer.
L'université a eu des siècles pour former les meilleurs esprits. Les entrepreneurs vont le faire en une décennie.
La grande reconstruction a commencé.
Tech companies launching their own programs to train grads because they 'can't rely' on Ivy Leagues trib.al/Fi2miAG
Decentralize money and states retweeted
The Top 1% pay taxes and employ people.
The Bottom 1% poop on sidewalks and harass people on public transit.
Decentralize money and states retweeted
Trump is not "banning" majors or student loan debt, you lying jounovermin.
He is simply making it less lucrative for left-wing universities to rip off idealistic, naive students with six-figure bills for an economically worthless degree.
Nothing is "banned." University administrators can still get rich ripping off teenagers, it's just that the federal government will stop guaranteeing such wasteful endeavors.
Trump is banning students majoring in degrees that don’t make enough money from taking out college loans. Degrees for social work, art, religious studies, teaching aides, and music will be hit the hardest. trib.al/NmmAzhf
Decentralize money and states retweeted
Only 45 homicides in El Salvador through September 20.
Bukele took a falling homicide rate and drove it to near-elimination.
No lectures on “root causes.” No “socioeconomic factors”. No prosecutors releasing repeat offenders. No NGOs defending the bottom 1%.
The only variable is who stays in prison.
Decentralize money and states retweeted
This is an attempt at fixing a serious problem. So many schools charge absurd tuition for degrees that are borderline worthless. The US tax base should not be subsidizing every single degree under the sun. If your 4 year college program is producing graduates that earn less than the *median* salary of someone without a college degree — that’s a terrible look.
Is this the best solution? What’s the best solution to this problem? I have no idea but subsidizing virtually all college tuition has lead to absurd price inflation and it’s a genuine problem. We address some of this in our book “Both Sides of The Coin”. Here’s a look at college tuition inflation (and other categories) over the last ~30 years.
Decentralize money and states retweeted
Universities loved social justice, DEI, etc. because the more fake problems people promote, the more funding, fake jobs, power, etc. for the parasite admin class
AI doom is part of the same hysterical grift package for AI -- it leads to laws to lock out competitors, it creates fake jobs for incompetents and nepos, it attracts nonprofit dollars, enhances prestige, creates new protected classes (omg ur going to fire safety researchers, that's *dangerous*), a new priest class, etc.
It's the same grift, the same hysterical register, a new domain with different levers to spread fear to increase power
Decentralize money and states retweeted
This chart does not show an agentic bank run; it shows the collapse of cheap funding for banks.
This means return on equity for banks will collapse, as it will for brokers like Schwab and IBKR, where idle cash sitting in sweep accounts comprise something like half of their net revenues.
Business models built on friction and human laziness will (rightly!) get slaughtered in the coming years.
That said, agentic bank runs are another thing entirely, and they will absolutely happen. Remember, SVB was triggered by a fear contagion where all of their customers behaved the same way and triggered a stampede. Agents will be like this, but on steroids.
The reason why agents magnify this kind of phenomenon is because AIs have much lower diversity of behavior than humans. This is especially true if we're all using the same model, like if everyone has Muse or Claude optimizing their finances.
See examples of this from the Anthropic research piece on multiagent systems. When you have multiple agents coordinating together in a game, you see a lot of bunching of behavior, and very little strategic diversity compared to humans.
This means cascading agentic bank runs will likely be more violent and sudden than human ones. The banking system is absolutely not ready for this.
Decentralize money and states retweeted
when I was living in Moscow, it was illegal to be intoxicated in public. Anyone who was under the influence would be taken away by the police and fined. Since the USSR, there have been special state "sobering-up stations" for these people. And god forbid you were under the influence of drugs rather than alcohol - you would be registered at a state drug addiction clinic, which meant being stripped of many rights, such as holding a driver's license, owning firearms, or working with heavy machinery, as well as having to visit the clinic monthly for check-ins
Decentralize money and states retweeted
I'm sorry to be so direct but if you're prioritizing your career over having a family it's probably the stupidest decision you're making in your life right now. It's not even an either or question! You can have both! Just don't pick a career over having kids.
