I'm fascinated by the rise of frictionmaxxing as a response to a frictionless life. We engineer away inconvenience, only to discover that some of the friction we removed was part of what made life feel alive in the first place

Cell phone addiction is an absolute thermonuke to the brain and nobody 'takes it seriously' because it is not clear that there is any solution in a world where the revealed preference of everyone across the globe, regardless of income, race, age, any factor whatsoever, would rather be on their phone than do *anything* else. Deciding "I use this too much" and meaningfully altering one's behaviour doesn't seem to have much success for any of the very small minority of people with the sentience or self-reflection to realize how bad it is. Most people seem to think of it as an unproductive habit at most, rather than an addiction. Any attempt to speak seriously about this is met with derision, accusations of pretentiousness. There is no real solution to it. The future of human cognition fifty years down the line is horrifying if you stop and think about it for even a moment.

Ramp, Mercury, etc fighting on 10bps of margin to keep users is confirming the theme that pricing in fintech is a race to the bottom and credit is the only moat left. What once used to be a high margin industry: - high deposit yield - high interchange revenue - high FX margins - even trading fees is going to 0 because of revenue sharing, just to keep customers sticky in a commoditized product that has 0 loyalty. While getting to $100M in revenue within a few years will increasingly be possible given TAM expansion, the net margin on that growth will be minimal, because of revenue shares. This actually strengthens my thesis that the only moat left will be credit because you can’t just simply decrease the price of risk. With rates going up, so will the price of credit. Credit will be harder to come by and the ones that do well in fintech will have a credit offering as it’s the only product left where the margin is now increasing while every other payment or deposits (let’s call it transactional product’s margin) is significantly decreasing because of competition. With credit it’s pure game theory where no one will drop the price of credit given the risk of losing it all. Credit is fintech’s LAST moat.

read it, share it, save the city: a san francisco voter guide for people who aren't insane piratewires.com/p/a-san-fran…

List of people who are No on Prop G: Dean Preston Jackie Fielder Gordon and Eric Mar Matt Dorsey Danny Sauter Bilal Mahmood Rafael Mandelman Myrna Melgar Stephen Sherrill Scott Wiener SF Democratic Party GrowSF Streets for All The Yes on G ppl are reactionaries. Simple as that

Why is it so hard to enforce against double parking in San Francisco? I looked into it, and turns out, we have some outdated state laws hampering enforcement. CA Vehicle Code 40240 does not allow automated enforcement by cameras for double parking, outside of traffic only lanes. CA Vehicle Code 22502 requires a physical street sign to prohibit double parking in commercial delivery and passenger pickup zones. Combined with the fact that officers have to physically put tickets on a car for it to be in violation, it leaves enforcement against double parking, extremely difficult. Another case of outdated laws making life difficult in San Francisco.

Jesse plemons is the closest we have to Phillip Seymour Hoffman. He’s a chameleon and steals the scene he’s in.

Unfortunately, I have convinced myself already that Digger was produced in a Big Brother universe, not ours. I tried to put every continuity error/things I found interesting into the review of 12th rewatch of Digger…😂🪏 boxd.it/gIVBuP