Andrew M. Bailey
@resistancemoney
I teach and write about money and philosophy. Bitcoin research at http://resistance.money. Fellow at http://btcpolicy.org.
Too few commencement speeches are about death and loss. Here's my attempt to rectify that situation, on the occasion of Yale-NUS College's last graduation ceremony.
prompt thyself
Premise: writing is thinking. Conclusion: outsourcing writing is outsourcing thinking. Premise: outsourcing thinking is bad. Practical conclusion: never publish or Tweet a single sentence that you did not write every word of yourself.
"A prosecutor can 'cut a subpoena'—demanding all your bank records for the past 10 years—with no judicial oversight or limitation on scope, and at no cost to the government. The burden falls entirely on the bank. In contrast, a proper search warrant must be narrowly tailored,…
Why do you need privacy if you have nothing to hide?
So hear me out. The last cookie that goes into the cookie jar is the first cookie to come out of the cookie jar. This is how IRS Special Agent Stephan George described LIFO, or Last In First Out, known as "the most accurate" form of virtual currency tracing according to, well,…
💥NEW: How SDNY saved its opening witness with a 100 year old accounting method – In the magic world of LIFO Land, anything is possible. Full story👇
'is bitcoin good?' But I'd much rather argue with non-morons!
If you were going to go on the "one guy who's kind of decent at arguing debates 20 morons" show, what point would you argue with the morons?
Challenge: explain this chart to someone without arousing moral disgust. Difficulty: impossible.
Hypothesis: 75+% of the disputes about bitcoin's price here — bulls vs. bears — are people talking past each other, because they have different time frames in view.
🗞️Lots of news today. Here are some of the biggest headlines ICYMI: 📌@BankingGOP released its market discussion draft and is seeking public feedback on it from stakeholders. 📌@coinbase has entered into a strategic partnership with @PNCBank to offer crypto-as-a-service to its…