Oddbean new post about | logout
 Yea that’s definitely true. He’s at a minimum buddy’s with intelligence people but it probably runs deeper than that.

But a moron? Idk man 
 Moron is the polite phrasing. If he's actually that dense he's a moron. I personally suspect you're spot on with the intelligence ties and he knows much more and is playing a role. In that world he's just a douche instead of moron. 
 🐍 
 What do you think his end game is? 
 6102 styled acquisition has always been my assumption tbh.  
 doesn't need legal force to accomplish. capture is happening incrementally right now. 
 I think about this a lot. The thing we have going for us is the ability to be really slippery, and my hope is there’s a critical mass of self custody plebs by the time they try some shit.

Also they’ll obv go after a lot of other assets before Bitcoin so that should give us some runway. Not a fun thought tho