I’ve historically been a fan of Chamath. This, though, isn’t a good look for him. “A month ago, Palihapitiya said it would only be under the rarest of circumstances that he’d reduce his holdings of any SPAC.” | learn more
“It’s taking consumer finance companies with massive distribution, combining them with a tax preparation API and real-time visibility into users tax position. Tackling TurboTax head on is probably a waste of money. Tackling TurboTax asymmetrically has a real shot.” | learn more
David Portnoy was livestreaming his review of pizza on State St when a stolen car hit a cop car and sped off. | learn more
“[Security expert] Jayson E. Street tells us a story about the time he broke into a bank in Beirut Lebanon.” | learn more
“So why are [All-Star batters] transmogrified into Little Leaguers when faced with 68-mph softballs? It’s because the only way to hit a ball traveling at high speed is to be able to see into the future, and when a baseball […]
Ben Hunt: “I think that the collapse over the past week of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill and its major sponsors – Softbank and Credit Suisse – […]
I saw 3 words in the footer of an email and started digging in. I discovered, “Every 3 metre square of the world has been given a unique combination of three words.” Since 2016, Mongolia has used what3words for their postal system. | learn […]
“U.K.-listed cryptocurrency mining firm Argo Blockchain started paying the salary of its CEO, Peter Wall, in bitcoin this month.” | learn more
I don’t know that there’s much of a conclusion to draw from this. I did crosscheck with the general distribution of credit scores, and this skews to lower than the overall average. “53% of Coinbase users have a FICO score […]
Crypto mainstay Balaji Srinivasan: “More broadly, India should champion decentralized cryptocurrencies like Bitcoin and Ethereum to safeguard national security, prevent deplatforming, attract international capital, strengthen monetary policy, deter financial fraud, accelerate technological development, and hasten India’s ascendance as a global […]