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2024-04-28 15:34:40

KCCattleCompany on Nostr: The All in Pod was a staple of the week for many of us. When Chamath said stagflation ...

The All in Pod was a staple of the week for many of us.

When Chamath said stagflation wouldn’t happen a couple of years ago, his justification was that it couldn’t happen because he didn’t even know what stagflation meant.

People like Luke Gromen, James Lavish, Lyn Alden were consistently providing clearly researched work with explanations on macro without making claims with that kind of hubris.

Those doing the work were all Bitcoiners.

They’re the opposite of chamath and his ilk. Jason too. We daydream about having Bitcoiners buy the Knicks one day out of spite but that’s for another post.

What’s great about the group of Bitcoiners, is we’ve all had to admit that we were all kind of full of shit about what we knew about money.

That’s why we’re having fun.

People that can admit they were wrong are also capable at laughing at themselves and not taking themselves seriously. These are genuinely fun and interesting people to be around.

All bias aside, they are special people and very rare.

Those that can’t admit when they’re wrong are consistently in a tailspin to avoid the inevitable ego death. They turn into something weird then dark.

The next phase of FUD is these types of people getting behind the money transmitter definition change. Be on the lookout and call it out as soon as you see it.

They will do anything to be able to say I told you so. The changing of definitions is their saving grace from embarrassment and having to admit they were wrong. They most likely have VC money and political sway.

The fight you stage is here. We have to be prepared and quick to act before team ego gets momentum. They need Bitcoiners to be illegally transacting somehow or their ego death is certain.
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