thank you! I dislike the ETFs for all kinds of pretentious technical and ideological reasons but I think the simplest take is they were inevitable. they are a part of life, they mean we are winning, just think about how to educate people out of them once they are in.

the amazing coincidence of seeing him fuck up in three different areas in which I randomly happen to have niche expertise in the space of about a week. that had a kind of Gell-Man amnesia-type effect on me, leading me to think: "wait a minute, what if he is this stupid on everything?" I looked into it and turned out he was.

also, it didn't hurt that I was locked in my house and had just had a holiday cancelled, both due to covidhysteria. so my "inspiration" was anger and having lots of free time.

For reference. I forgot how long it is...

to be on or to listen to?

ew no

that one has anything to do with the other. it doesn't. people who studied economics or finance are the last people you want to hire in finance.

a shitposter, depends on how much you like shitposting in general and mine in particular.

two things. first, wishing it already existed and hence writing the book we wanted to read. second, being locked in our houses with nothing else to do because we were governed by authoritarian shitheads who were scared of a cold.

inspiring

don't remember. also I haven't been clean-shaven in a long time so hard to tell.

extremely bearish as I see it as inevitable that the marginal cost of power needed to mine profitably goes to zero or even sub-zero. at some point in the future (I don't know when exactly but let's say 5-20 years to be appropriately vague) there will be no standalone mining; only wasted or stranded energy will be diverted to mining where the incremental revenue exceeds the capex on mining equipment.

the first, obvs

the yield is the friends we made along the way.

it's very exciting but let's be honest, it's not as fundamental to saving civilization as bitcoin. I think it's fair to say that bitcoin's existence is core to its censorship resistance so at the very least we should be grateful for the demand pull this hopefully comes to represent.

depends what you mean. I find economics as a strictly academic subject to be quite simple and boring. you frankly don't need much beyond Principles of Economics by Menger. if you are interested in money specifically you should probably add The Theory of Money and Credit by Mises.

there are lots of books that are tangential to economic theory that I think are great. I routinely tout The Mystery of Capital by Hernando de Soto, for example. I have veered more and more into economic history in the past few years too but rattling off that list probably isn't too helpful (unless you insist).

back to the question, there is a snarky end note in Bitcoin Is Venice that says the following, which I think is the best answer:

"to be frank, economics as an intellectual pursuit is nothing more than logic applied to risky and creative human affairs. Which is to say, if the reader has had any experience with people, any experience taking imaginative risks, and if they know how to think, economics will not be difficult, and in fact will all be rather obvious. Most mainstream economists fail on all counts, and the corpus they devote most of their professional time to memorizing adds nothing and likely subtracts whatever little they started with. Should the reader take it upon themselves to indulge in a smorgasbord of anthropology, social and economic history, and literature (for the people part), either become professionally involved in the creative arts or sports (or amateurly but at a high and serious level) or start a business (for the calculated risks and imagination part), and learn some elementary logic and statistics (for the thinking part), they will likely imbibe "economics” by accident and will never need to waste any time, energy, or money on materials exclusively devoted to the subject. Also, they should learn to code. It doesn’t have anything directly to do with this, it’s just a good idea."

I don't want to comment on companies we haven't invested in, to be honest. I may or may not want to comment on companies we have invested in, depending on the question!

slightly more seriously, these conversations are implicitly in confidence, so it would be quite unwise to relay it all back in a public setting. founders need to know I won't do that or they (rightyl!) won't talk to me at all.

I doubt I'll ever write anything like Bitcoin Is Venice again as it was a huge effort and we also said pretty much everything we wanted to say! but yeah, I figure I may as well focus on Axiom now to the extent there are new topics I want to write about (you can find that output here: https://www.axiombtc.capital/content), and currently working on a pretty dense and thorough piece with Harris Irfan on Bitcoin And Islamic Finance. ETA in December so watch this space!

I have no idea, and I don't think he knows either.

gym, running, bouldering for exercise, football and hiking are sorta exercise but more social and fun, piano and guitar, lots of reading obviously.

products that are only for hardcore bitcoiners

that it's beautiful and the people are great! no idea on nomading, sorry, not my thing.

tools

no, yes.

I haven't, no.

his comments on Saif's podcast were some mix of fiat and retarded. there is no yield without risk.

congrats you're retarded lmao

I was shitposting

like the exact year or a year at which I am confident it will have happened by?

lightning having "failed"

custodians and address whitelisting such that the majority of the population thinks they are using bitcoin but really are not, and the fiat money printer subsidises the marketing required to keep up the psyop until all of us give up or die.

my then gf, now wife told me to.

I don't have any particularly original thoughts here, I'm afraid.

I don't want to be taken as an authority on that, sorry