washedup

Been working on a paper that's my attempt to add a meaningful update to macroeconomic theory, specifically around the effects of high-entropy outputs (waste, heat, harmful byproducts) as diminishing GDP and general population health. Working on some studies backed up with data to support. If anyone here is interested in economic theory, I could use your feedback.

"All of the severe incidents of this kind that we observed involved earlier versions of Claude Mythos Preview which, while still less prone to taking unwanted actions than Claude Opus 4.6, predated what turned out to be some of our most effective training interventions. These earlier versions were tested extensively internally and were shared with some external pilot users."

I personally love Jane Street lore. I think there is a lot of value to this theory, but people saying BTC would be at $150,000 feels misguided, since there are a lot of complex stories developing across the global economy. A lot of the sell off since October is, not only due to these ETF mechanisms, but also a general liquidity crunch that also affected performance of traditional software companies as economic uncertainty grows. I am reading more about bitcoin as a "canary in coal mine" for global liquidity uncertainty, a lot of which is coming from the current US Admin around tariffs, data reporting methodologies, and other policies.

Happy NYE! Was a big one for me: went sober. Alcohol became my band-aid solution for everything, which ended up with me ignoring things that needed to be done and putting my relationships, job, and health at major risk. I am now 10 months sober and beyond relieved to not be where I was one year ago. I found my dream job in the process, and was able to transition out of an old job that felt stale and holding me back. There is still lot's of progress to be made.

The asteroid isn't big enough to change the trajectory of the Moon (negligible): https://science.nasa.gov/blogs/planetary-defense/2025/06/05/...

From what I've read, it's not that much of a concern yet. The immediate threat would be to orbital infrastructure, with debris burning up in the atmosphere. It would not change the trajectory of the moon. So, they can wait to get more info. If, by very small chance, 2024 YR impacted Earth in 2032, it would be localized disaster with enough time to move people out of the area of impact.

That being said, it's a good reason to work on asteroid deflection tech! Probably shouldn't waste it.

Was flagged, that was fast

The Dollar Sign at the top left corner is ridiculous. What a joke.

Credit Card APRs, specifically, is what I was mentioning. They are historically high.

Thanks for theses - I will read! I agree there are still a lot of metrics pointing in the wrong direction.

I mostly agree with this, but why the sour tone?

More jobs... and cheaper mortgage rates. Hopefully later this year.

The countries operate very differently, so yes, it's possible to view it that way and have it be a logical statement.

There are a lot of interesting details embedded in this number, specifically how strong consumer spending was.

I still have concerns about dwindling savings and increasing credit balances, as well as historically high APRs, but will worry about that another day.

No, thanks :)

https://threadreaderapp.com/thread/1809135345683841050.html

Amazing work. Simple, easy-to-use code. This must have been quite the effort. It's honestly stunning work. Also, good to see R is still alive and well!

1. Financial Inclusion: Many Africans lack access to traditional banking services. Bitcoin provides an alternative financial system that is accessible to anyone with a smartphone, enabling people to participate in the global economy without needing a bank account.

2. Remittances: Bitcoin facilitates cheaper and faster international remittances. Traditional remittance services often charge high fees and take several days to process. Bitcoin transactions are generally quicker and can be less expensive, helping migrants send money back home more efficiently.

3. Inflation Hedge: In countries with high inflation rates and unstable currencies, Bitcoin can serve as a store of value. People can convert their local currency to Bitcoin to protect their savings from devaluation.

4. Reverse Income Inequality: Income inequality is often tied with inflation. A hard asset like Bitcoin would help to distribute some wealth.

For all of these reasons, many Africans are already investing in Bitcoin. Bitcoin as a capital asset will help fund infrastructure/education etc

Bitcoin is the fastest path. I will spend the time explaining if someone asks for it.

I think this gets to a larger national economic issue: things aren’t great for most people, and when things get really bad, you move somewhere nice.

The many programs developed to tackle homelessness have been built around specific budgets/goals/KPIs, and are not able to handle the continuous migration of people with nowhere to go, and inherently political. I’m sure most politicians mean well.

Sure, migration trends, especially for CA say otherwise.. but there is a large swath of people that governing bodies are bad at tracking.

TLDR: another example of poorly designed government intervention due to misunderstanding of the dynamics behind the process (homelessness)

This is extremely simplifying the nuance, but imagine there are two traders who want to buy what a single trader is willing to sell at a given price? Well, the first one to get to the exchange and "lift the offer" will get the price, while the second trader will have to pay a higher price.

So happy this game keeps growing.

Awesome thanks

When available? Trying to update on Switch now and says I am up-to-date with 1.5.8

Happens every bull market.

Overall, although there is certainly AI hype, this article is rather meaningless.

A big part of the idea is the have a plane the models what humans will eventually use, so that any test results they get can more easily translate to eventual human-carrying flights. It's not a mistake that the speed, weight, and shape closely match what fighter pilots train in.

Doesn't matter, it's done now. If anything it just shows SEC ineffectiveness. They will continue to exist however.

This comment shows a lot of ignorance. An ETF is just a "wrapper" for an Underlying Asset. Bitcoin is still decentralized as ever, and will continue to be. This approval just makes it easier for larger financial institutes to access it without having to worry about becoming a custodian, and will likely drive the price up a bit over the next many years.

Bigger picture, the USA has just given Bitcoin the greenlight, and this will have big fiscal and geopolitical implications in 10-20 years.

Liking this post, thanks for sharing.