What if the most effective means of disproving the value of government sponsored aid weren't railing against it, but effectively replacing it with private charity? Be the change that you wish to see in the world.

While inflation remains a hot topic, we generally do a terrible job of adjusting energy costs for inflation. This failure obscures the historically low cost of energy in the US, particularly as it relates to transportation. As a simple tongue-in-cheek exercise, I used Grok to

Scarcity creates value only when combined with utility. Every snowflake is unique, but in terms of the limited utility of snow, it is interchangeable with countless other snowflakes. Crude oils are different, sometimes meaningfully so, but refining and transport technology can

BTC mining has steadily consolidated over the past 15 years, moving from the consumer GPUs that I used to mine back in 2015 to bespoke ASICs for the past ~9 years. Miners consolidated around cheap power, and the ASICs were only useful for BTC mining and were increasingly

All assets stand or fall on their fundamentals. For unbacked digital currencies like Bitcoin, those fundamentals are ease of use, efficiency, security, anonymity and price stability. An easily obtained and relatively simple proxy for public perception of those core attributes,

youtube.com/watch?v=iUEKKR… Never forget that smart people entrusted this guy with $150 million, which he then used to place a series of under-hedged options bets on natural gas futures. Instead of getting profits, or even getting their money back, the investors got this apology

The recent move in gold is historic, particularly if one frames it not as a move in gold, but as a move in the dollar. One of the primary critiques of gold is its failure to keep pace with investments, which I would agree is valid: gold is a hedge against risk, not a

There is a lot of talk about fertilizer these days, specifically the prices. If fertilizer is made from air and water, how can it be expensive or hard to come by? The answer is in triple bonds, specifically the triple bonds between two nitrogen atoms that make N2, or 78% of