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Only one sovereign money substitute on this list can be mined but cannot be duplicated by issuing a limitless number of copy-cat coins out of thin air that have essentially the same properties as competing coins. No?

bloomberg.com/news/articles/…

Insane. Peak insanity?

“The degree of capital reallocation and the speed of that is going to be larger and happen more quickly than most market participants expect” time.com/5953380/climat…

@roadrun99958526 The spike from low base effects and stimulus is currently underway. April numbers (reported mid-May) and May numbers (reported mid-June) are likely to have high headline rates.

The 3% Increase in core CPI over the last 12 months was the highest increase in 25 years. compoundadvisors.com/2021/the-defin… Charting via YCharts

Record high. cnbc.com/2021/05/11/job…

Core CPI up 3%. Are we there yet? cnbc.com/2021/05/12/con…

Store of value?

The government on Thursday reported the fourth straight weekly drop, to 404,000, the lowest level since the pandemic erupted in March of last year. apnews.com/article/pandem…

US consumer prices rose 5% over the last year, highest increase since 2008. Core prices (excluding food/energy) rose 3.8%, highest increase since 1992. Charting via YCharts compoundadvisors.com/2021/everythin…

"This current event is particularly dangerous because bonds, stocks and real estate are all inflated together. Even commodities have surged. That perfecta and a half has never happened before, anywhere." bloomberg.com/news/articles/…

Commodity prices over last year... Lumber: +104% Natural Gas: +98% WTI Crude: +81% Heating Oil: +78% Brent Crude +76% Gasoline: +75% Corn: +65% Copper: +63% Coffee: +57% Soybeans: +49% Cotton: +46% Silver: +45% Sugar: +43% Wheat: +35% Palladium: +35% Platinum: +28% Gold: +0.1%

14.7 million receiving some type of unemployment assistance, down from 32.1 million a year earlier apnews.com/article/jobles…

“There’s still a lot that has to be proven.” bloomberg.com/news/articles/…

Housing prices are 'only up 6%' as months of supply increase. Peak or pause? cnbc.com/2021/07/26/hou…

Can something be called a "store of value" or a "medium of exchange" if it routinely loses 10% to 20% of its value in a single day?

Agree. But, like the dot-com crash, there may be several survivors that offer truly useful sets of features that will drive widespread adoption in the years to come. Thinking of Amazon in 2001. yahoo.com/now/heres-much…

I’m Josh Shapiro — and I’m the AG who stopped Donald Trump from undermining the 2020 election in PA. Now, I’m running for Governor in the most competitive state in the country, and one of the most important. Can you retweet to help our campaign reach 180K followers by midnight?

Replying to B.F. Randall ⚛ ⛏ ⚡ Readwise save thread