For want of doubt, consider what has happened to one of the shiny objects in the crypto space in recent weeks. We are referring to a financial product aptly called “Fartcoin”, which is a newly minted cryptocurrency most assuredly worth $0.000. That is, it pays no interest or dividend, earns nothing, has a zero use case and exists solely to absorb some of the oceanic volume of speculative credit the Fed has unleashed upon the financial system.
Nevertheless, in a matter of weeks Fartcoin has skyrocketed from an initial market cap (ICO) of $3 million on October 18 to a recent peak of $1.5 billion on January 3rd. That’s a 510X gain in barely 70 days, including weekends and Christmas.……Fartcoin is now worth more than around 1,000 companies in the Russell 3000 Index, — companies with products and services, many of which are generating cash, others that are on a path to generating cash.
On FB very well said…..
I had a conversation in person recently that pretty much sums up the Canadian political divide right now. Not the cartoon version from the news... the quiet, everyday one we've all had with friends, or family.
It started predictably of course. The usual labels tossed out like confetti (xenophobic, homophobic, transphobic, bigot, Maple Maga). Because apparently if you question a policy, you must secretly hate the group it’s supposed to help.
And this little exchange laid it out for me.
For a lot of modern liberals, politics seems to be less about what actually happens and more about looking compassionate. Slap the right moral sticker on a policy "help the marginalized! Expand programs! Signal virtue!" and you're golden.
Ask whether it works in practice? Ahhh... suddenly you’re the bad guy with a heart of stone.
Their world is simple... you’re either “for people” or “against people.” Intentions are everything and results are optional.
In that framework, a policy ...
Copy it, read it & send to the federal government!
https://docs.google.com/document/d/17oUkTCKTO-s2CYdKN1YLs9hRouRBe6PrnINCjrxG-n8/edit?tab=t.0