Oh mama, actin’ like my life’s already over
Oh dear, act your age and try another year
Always feeling tired, smiling when required
Write another year off and kindly resign
took some time off from studying for macro to see dr. white accept the adam smith award. (at Wynn LaTour Ballroom)
13 Apr 2014 / 1 note
a little monetarism, a little paglia by the pool, & a lot of boozing with the free market radicals at APEE.
spend all day studying for my macro ii test on wednesday
go creep on the good bard’s old haunt at UNLV
fuck it i’ll just order bottomless margs and take in the spectacle at the Wynn pool
This is where I’ll be posted up to study for Macro over the next two days. Not too shabby. #APEE (at Wynn 55th floor Tower Suites)
Within this short period, humble beginnings of weekend tinkering and growing chatter rapidly gave way to lucrative IRL profit opportunities; and with them, a sleek new class of (somewhat) professional Bitcoin entrepreneurs. A preemptive political press was needed to secure peace of mind for the nouveau riche of this growing niche—and the ambitious upstarts who hoped to someday also fill it. Through gritted teeth, sweet nothings were floated in the state’s own briary tongue. We earned a temporary love fest. Psychological gates tenuously opened. Coked up on ASIC mining and sensationalism, the ecosystem’s resulting torrents of restless venture capital funding runneth over.
Sideshows abounded: Pirates were detained, Satoshis were harassed, Winklevii were unfortunately everywhere. Financial returns were sweet but vindication was often more delicious. Enmeshed in this real-time stream of laughs and outrages and shiny distractions, it was easier than you might think to lose track of the fact that the billion dollar economy being built was actually real. The riches were real, the losses were real. Latent enemies, whose hard-lobbied fortunes lay in the wake of this magic internet money’s creative destruction, became real. Their lawyers and their old college roommates in government were real. Suddenly, the cages that had in the past only toothlessly threatened ballsier renegades became all too real as well.
Charlie Shrem was one canary, Cameron and Tyler each (fittingly) comprised one half of the other. Opinions on this “coalmine question” diverge—which brings us to the present dilemma. With higher stakes and louder observers, the ragtag team of hackers, anarchists, capitalists, and evangelists that first brought Bitcoin to the masses must soon confront the central tension that was temporarily tabled in the face of a common cause: How should Bitcoin be?