unhashable

This is another misconception.

Gold can be held, yes. It also is expensive to verify, transport, and protect. This has proved problematic for holders of the past. A paper system had to be built on top of Gold, which severely diluted the value proposition as gold was confiscated and stockpiled centrally. Practically speaking, very few individuals hold gold and the utility of doing so is limited when you consider how liquidity in the gold market functions.

Bitcoin is a different beast. You hold the cryptographic keys (like a password) which let you move Bitcoin to someone else’s address (under their password). You don’t trust anyone: Bitcoin is verified by math, not humans. It is tangible in the same way that owning google.com is tangible (and unarguably valuable). Bits and bytes exist on a global network and only you can move them.

When compared to Gold, Bitcoin is interesting because it is highly transportable, easily divisible, and censorship resistant. Consider this: Bitcoin let’s you store $1T USD of dollars in your head, transport it anywhere in the world, and there’s not a single thing anyone else can do about it.

It's a common misconception that Bitcoin is a safe haven. It's not. Not even Gold is a safe haven during a liquidity crisis. In sharp downturns, cash is king.

Think of Bitcoin and Gold as call options on the entire global monetary system. If Govs become insolvent, Bitcoin and Gold is there. If the masses lose faith in central banks, Bitcoin and Gold is there. If central banks debase currencies too quickly, Bitcoin and Gold is there. That is the staying power of scarcity via well known stock to flow ratios.

I'm glad Bitcoin is not inversely correlated to equities, because that would mean Bitcoin went down in an equities uptrend. Being non-correlated is superior: Bitcoin marches to it's own drum.

All this being said: cash is king in times of uncertainty. Bitcoin is a speculative bet that "money without masters" will become an essential part of the future monetary system. We're a long way from that still.

Advice in good times and bad: maintain a deep safety net and don't get too nuts with debt or leverage.

I'm sure that was by-design.

It's a common game for the House to throw up packages they know the Senate will bat down. They are trying to make the Senate look bad in the eyes of the nation.

"Senate vetos critical Coronavirus support package."

100%

It can grow larger than people realize.

As long as other countries do business in USD and keep buying US debt, the party keeps going.

With fiat, you can spend as much as the combined purchasing power of all your citizens through money printing.

When you’re the reserve currency, that pool is extended to the purchasing power of many many countries.

That’s probably why, from a strategic POV, the US must remain the largest military force and continue to police the world.

With dollar hegemony, the US might even introduce new ways (like MMT) of sipping purchasing power of participants.

This.

It’s true that I find the data to be compelling that our species is, when you consider the entire known history of homo sapiens eating habits, omnivores. That makes sense to me: eating what was generally available is pragmatic, and our bodies have opportunistically evolved to leverage proteins, fats, and amino acids available in animals, as well as nutrients from plants.

And that’s how I live: eat and respect animals that led natural lives, eat whole veg void of pesticides, drink mineral water. Fast by default (never snack) and don’t drink your calories. Think intermittent eating instead of intermittent fasting.

All this being said: I have lots of carnivore and vegan friends. Even if I do find those diets to be dogmatic and unnecessarily politicized, I say ‘you do you’ and embrace them all the same. Variety of viewpoints is what it is to be human.

Our bodies are incredibly adaptive, I’ve seen peeps geek out on veganism successfully and it’s quite impressive. Seen people go years on carnivorism with seemingly no problems.

I wouldn’t bother.

If you’re after non-stick, learn how to use a carbon steel. One will last forever, and they’ve been used in France to cook delicate food like eggs and crepe for ages.

I thought that at first too, until I went deep into the literature.

Dieting through caloric restriction is closer to starving than water fasting. When you reduce calories, the body adapts by reducing your metabolism and producing hunger hormone. This explains why we stop losing weight, and then rebound hard with eventual binge eating. Our bodies are aware that food is around because we continue to eat. It signals through cravings and hunger to seek out highly glycemic calories (sugar).

Water fasting is different. After day 2, autophagy is induced through prolonged ketosis. At this point glycogen stores from the liver is depleted, and the body switches to ketone bodies (fat) as fuel instead of glucose (carbs). The metabolism is actually increased, which makes breaking through fat plateaus seem effortless.

This mechanism produces growth hormone which preserves muscle mass and increases the metabolism. The average person tends to consume about one pound of body fat off the body a day.

Water fasting produces stem cells. You can literally give yourself stem cell treatment.

Fat is fuel, and water fasting is not the same starving. I can go on, but instead I suggest consuming the available studies yourself and forming your own opinion.

Source: I’ve gone deep into the fasting rabbit hole and am convinced Americans need to know about it. I’ve fasted many times, including 20 days on water alone (no calories). A few years ago I felt like hell and even looking at a cheeseburger put the pounds on. Now I can eat a whole pizza in one sitting again like when I was a kid. Am ripped.

Sounds like you did some napkin math, e.g. current war chest and burn rate over the average length of liquidity shock in a downturn?

Same.

The iPhone is slowly getting there. Latest updates make robo-calling less of a thing.

Wish list: allow perm do not disturb, enable whitelisting for allowed callers, allow total removal of phone app.

Low-tech wellness.

Apple Cider Vinegar instead of acid reducers (Tums, Zantac, Prilosec) for heartburn, acid reflux, and indigestion.

Water Fasting instead of caloric restriction, weight loss pills, and diet fads for curing metabolic syndrome (insulin resistance, mid-section fat buildup, inflammation, diabetes).

Kettlebell, mace, stretching, and sprinting instead of a gym membership with classes and steady state cardio (or a Peloton).

Barefoot foot strength and 0-drop shoes instead of surgery and lift-pads for fasciitis and tendonitis.

A whole food, conservative, omnivorous diet of your ancestors instead of becoming vegan or carnivore.

Journaling (#bujo), practicing meditation, and studying stoicism instead of counseling and medicating.

Reading books and leaving your devices “default off” instead of aimlessly scrolling all day.

Cast iron and glass for cooking/storing instead of Teflon and plastic.

Good mineral water is bottled in glass (and has beneficial minerals).

Which one did you go with?

GTD => BuJo convert here.

I’m a believer. I started BuJo’ing 6 months ago and feel totally liberated. I haven’t skipped a day and life is. Way. Better.

+100 for https://bulletjournal.com/

Underrated comment.

A trip to Japan will change a man. Suddenly you realize how barbaric toilet paper is.

Common with Korean food!

Avoid plastics. Any move away from BPA is merely rebranding.

https://www.scientificamerican.com/article/bpa-free-plastic-...