jonlourie.bsky.social
@jonlourie.bsky.social
My belief is that Bitcoin will crash again to below 6,000. There are systemic issues with BTC and Crypto as a whole. My guess is sometime around 2027 or 2028 but I think, as things stand, the sector is not heading in a great direction.
June 17, 2025 at 2:56 AM
Reposted
Adam Tooze: America is about to find out how dependent it is on imported specialty foods and what price it is willing to pay.
June 15, 2025 at 5:20 PM
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A large share of the US population has very scant financial reserves
June 15, 2025 at 5:21 PM
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It is actually nuts that even when the NYC political establishment was presented with a broad field of talented candidates w/ many ideas, in a time of generational change & anti-corruption, they STILL chose to line up behind scandal-ridden Andrew Cuomo.

It’s cowardice.
June 13, 2025 at 12:24 AM
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New: My dispatch from the hottest club in New York City on Friday — the Luigi Mangione hearing. Truly one of the most fascinating scenes I’ve ever witnessed.

With illustrations from inside the courtroom by the great Molly Crabapple

www.theverge.com/law/617946/l...
Luigi Mangione’s hearing was the hottest ticket in New York
Hundreds gathered for a ‘Free Luigi’ protest.
www.theverge.com
February 22, 2025 at 7:18 PM
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The Verge staff are ready to strike. VOX MEDIA YOU HAVE UNTIL MIDNIGHT!
June 12, 2025 at 11:37 PM
The entire crypto industry will collapse soon.

Most of its hardest shills simply view it as a way to extract as much as possible before AI apocalypse.

It's a huge con brought on by tech oligarchs. Steal your money, your data etc
June 13, 2025 at 4:48 AM
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See you out there! ✊🏻
June 13, 2025 at 1:07 AM
Behold! The future of finance.

Gold goes up while "digital gold" tanks. 😂
June 13, 2025 at 2:53 AM
Who is really the vassel of who
Correct. Note that Trump is reported to have asked Netanyahu not to act, and Netanyahu is reported to have responded "no." It's a demonstration of US weakness dealing with an ally which is wholly armed and funded by the US. Extraordinary.
Israel aggressively bombing Iran—unlike two incidents of strikes in 2024, which followed Iranian missiles launches against Israel—is in part another consequence of a weak, chaotic US president.

Worth noting that this didn't happen under Biden, Obama, or Bush, despite Israel talking about it a lot.
June 13, 2025 at 2:47 AM
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It is already clear that this is not a limited attack on core nuclear sites. The target set is broad and includes top military leadership in a way that Iran will see as regime threatening. The IRGC chief is dead. That is likely to drive more expansive Iranian retaliation.
June 13, 2025 at 2:14 AM
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“I’m not going to claim CEOs are that special. It’s just somebody has to tell others . . . ‘This is where we’re going.’ And AI is not particularly good at that yet.”

AI can do everyone else’s job, but CEOs are just too important to automate. How convenient!
Duolingo CEO on going AI-first: ‘I did not expect the blowback’
Luis von Ahn says criticism over strategy change shows ‘anxiety’ about technology replacing jobs
www.ft.com
June 8, 2025 at 2:52 PM
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Every time they say “we can’t afford that,” remember: they could afford armored tanks, a dictators birthday parade, and enough tear gas to choke a city. They just don’t want you fed, safe, or alive.
June 9, 2025 at 12:33 AM
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Palantir is ICE's tech backbone.

#NoTechForICE
BREAKING

The President of California’s largest union has been detained during an ICE raid.
June 6, 2025 at 10:59 PM
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Rich people, fuck off!
Wealthy people, eat shit!
Health insurance CEOS, watch yer back!
Wall Street Bankers, suck dick!
Tech Bros, eat ass!
Oligarchs, DIE!
June 4, 2025 at 11:49 PM
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Old enough to remember when bitcoin was an ideological project to undermine the state.
“My jaw dropped. Coinbase, the world’s largest crypto exchange, the owner of 12 percent of the world’s Bitcoin supply, and listed on the S&P 500, was paying for Trump to hold a military parade.”

@tinanguyen.bsky.social
of @theverge.com takes on Bitcoin 2025.

www.theverge.com/cryptocurren...
At the Bitcoin Conference, the Republicans were for sale
How many Bitcoin does it take to solve all your political problems?
www.theverge.com
June 7, 2025 at 8:29 PM
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This has to be one of the most obliviously disastrous policy proposals since the Iraq War. It’s almost guaranteeing that crypto causes a financial crisis and then taxpayers bail out crypto companies.

Crypto is just an elaborate scam—and this is its ultimate heist.
Banks are aiming to issue cryptocurrency.

Lawmakers just put a line in the GENIUS Act saying when a bank issuing crypto goes bankrupt, crypto investors get paid before regular depositors.

In other words: your savings account becomes crypto’s bailout fund.

www.levernews.com/cryptos-new-...
June 6, 2025 at 2:53 PM
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Kill the Crypto Bill too
🚨BIG STORY: Senators put a line into the crypto bill requiring bankrupt banks to prioritize remunerating crypto investors over depositors.

The provision could require banks to take cash from your savings account & use it to pay senators' crypto donors.

www.levernews.com/cryptos-new-...
June 6, 2025 at 6:16 AM
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Everything we learn about crypto makes the case stronger; crypto is sleaze: Full Stop.
June 7, 2025 at 11:40 AM
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June 7, 2025 at 6:12 PM
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If you want to do something to help those in Gaza, please consider donating to Doctors Without Borders.

Read more about their work in Gaza (and donate) here: www.doctorswithoutborders.org/msf-operatio...
MSF operations in Gaza
Last updated on May 14, 2025Doctors Without Borders/Médecins Sans Frontières (MSF) has been working in Gaza for decades and our teams have been providing lifesaving medical aid throughout the devastat...
www.doctorswithoutborders.org
June 7, 2025 at 4:03 PM
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I don't care about Gaza because of my religious beliefs

I don't care about Gaza because of my political beliefs

I don't care about Gaza because of my ideological beliefs

I care about Gaza because I am a human being.

Mass murder, starvation, and ethnic cleansing are wrong
June 7, 2025 at 8:21 AM
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Please pay attention & repost! #LosAngeles #ICE
I’m a nobody here. But this platform was/is built on reposting. Big Accounts - please help? #LosAngeles

🔥 IT’S HAPPENING NOW. Respectfully asking to PLEASE FOCUS attention on the ICE raids and the revolution in LA that is NOT being covered by MSM. We need your help! THANK YOU 📣
June 7, 2025 at 10:26 PM
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Full solidarity with Los Angeles as they fight an invasion of gestapo and the long-standing fascist occupying force that is the LAPD.
June 7, 2025 at 10:43 PM