Silicon Valley/Tech View of Democracy, governance & the future

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And

if you have a pension from the state of NC, your future security could soon be invested in crypto…

“North Carolina Speaker of the House Destin Hall, R-Cladwell, introduced cryptocurrency legislation on Monday that would enable the state to invest in digital assets like Bitcoin, potentially making North Carolina a leader in aligning with the latest finance technology.

The NC Digital Assets Investments Act would diversify the state’s investments by allowing the state treasurer to include digital assets in the state’s investment portfolio. Reps. Stephen Ross, R-Alamance, Mark Brody, R-Union, and Mike Schietzelt, R-Wake, signed on as sponsors to HB92 .”
Terrible idea. Does NC also invest public money in derivatives and junk bonds?
 
What’s fascinating is a lot of these guys, even Yarvin, are just dumb. No awareness of history.

I'm not an expert, but I think a left-liberal problem is our fetish for truth (and intelligence) in politics.

Musk, Trump, and their ilk give zero shits about truth. They care about effective messaging. And, on those grounds, they seem to be winning, at least at the moment.

On the tech-bro tilt, here's an interesting talk between Slobidian, John Ganz, and Max Read, re: Musk and the tech-bros:


And here's Ezra Klein and Kara Swisher on the same basic topic. Swisher absolutely ridicules Musk, Zuckerberg, and Andreesen.

 
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NC -and most pensions -don't even invest the majority of their $ in the Stock market anymore...Too risky
This shit is not gonna happen-I hope
 
Tech bros and Trump have a lot in common- they ruin pretty much everything they come in contact with
 
NC -and most pensions -don't even invest the majority of their $ in the Stock market anymore...Too risky
This shit is not gonna happen-I hope
Hindsight is 20/20 but it has been a massive, massive mistake over the last decade. The NC pension fund averaged a 5.3% return per year investing in those less risky assets. If they had invested in the s&p 500 they would have averaged a 15.3% return.
 
I agree with this. Too many “well akshully 🤓☝️” liberals out there, especially when it comes to messaging and politics.

I think this is mostly right, though I'd like to amend it inasmuch as ...
 
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