Recent content by MrDickeyFuller

Can you really not see Schiff is basically an actor? He is an actor playing a roll for marketing purposes. It is really smart marketing on his part. He probably goes home and laughs at the people who can't see this. You can't say cigarettes and gold are money but bitcoin is not when you can...

Based on my 101 level understanding of information theory, it really makes perfect sense if you have a large collection of the world's top information theorist while so many other players are using what amounts to complete nonsense.

What is most disturbing about this based on what he actually said is it only makes sense he goes missing if their financial system is in that bad of shape. Like he is calling attention to something that should not have attention called to it from the CCP perspective.

The average person is clueless of what is involved in machine learning as both this thread and this headline shows. I imagine the story even has nothing to do with reality as journalist don't know what they are talking about when it comes to machine learning. We have a giant problem in our...

That is a strange thing to say by Jones. Obviously you can can't do a valuation but only price BTC. I don't know if I can get with BTC being a commodity though. I am just good with saying it is a new asset class and not trying to think in relation to something else. The way to price it to me...

Pretty obvious to me you can't apply the same ideas from pit hours to 24 hour electronic markets. Of course no one is going to be so foolish as to just wait for the open. It doesn't even begin to make sense in 2021. 3 years ago I basically scrapped everything and started from scratch with the...

To me China has already won. At this point, if I read a paper on arvix I prefer it be from a Chinese university. It is just going to be better. More interesting, less chance of BS. Just hungrier. Look up the QUESS satellite. While we waste resources on cryptocurrency, china has a quantum...

BTC is still only 34k though too. At the height of the tulip bubble they were worth the price of a mansion. Relative valuation wise we aren't even close to that. I am not sure it is even correct to call BTC a bubble at this point. You don't get rebounds from crashes like this in a bubble. To...

Learn more data science. I just started reading a book on machine learning and agriculture. "Smart agriculture" is the field basically. Not because I care about being an AI farmer but because it doesn't even make sense to me how you would apply machine learning to farming. Super interesting to...

People have used seashells and sticks of wood as money. There is a huge velocity problem though when a currency doesn't inflate. If you know your money will be worth more tomorrow than today then people start hording at the margin. To me, the only real argument against BTC is that the proof of...

To me the problem is with no central narrative now everyone sees the world from the point of view of their own social clique tree. I know no one that has died from the virus. All my friends just work remote. I mean the biggest sacrifice my friends and I have made is not taking our early trip to...

I would go with what you just said. I think you are forgetting that most people have no idea what the cointegration of two different futures even is. It will sound so impressive to someone who has to look that up.

Gold's function is to be boring. By "boring" we mean stable. If you take any random sample from the last 30 years, the probability is that gold is doing nothing. This is why although the BTC == digital gold is a nice narrative, it just doesn't hold water in reality. It is a preposterous...

I have got pretty into Robert Shiller's idea of narrative economics recently and I do wonder how long the Bitcoin == digital gold narrative will last. I just don't think this is a correct narrative. The crypto equivalent to gold would actually be tether. Gold is a stable coin. IMO the proper...

IMO the problem with Tether is much like the problem with Bernie Madoff. I would suspect most investors thought Madoff's equity curve was because he was using his position with Nasdaq to front run. Obviously, it was crooked but no one really cares much when they think they are benefiting from...