One of my biggest hopes as a bitcoin holder is that one day I will be able quit my job so that I can work on the things that are authentically interesting to me.
I've been writing more this year and in the process have been learning about various things like biology and chemistry. I studied math in college but haven't done real math since I graduated. We have the totality of human knowledge at our fingertips and yet the typical 9-5 gives you very little room to pursue alternative curiosity or cross-polinate ideas from different fields.
I imagine a future when people can afford to be less specialized if they choose to be, and to create value by bringing ideas from one field into another. To increase the "communication" between otherwise disjointed disciplines, similar to a human brain on psilocybin
What I don't understand is how a move to 0.25% is triggering the trade to unwind. Is the carry trade based on the delta between US rates and Japanese rates? If so there is still a pretty big difference between the US and JPY rates so why now? I'm sure there is nuance I'm missing.
Oddbean new post about login | logout
Notes by Connor Davis | export