Tweets

@mjwhansen When you go to your invite link settings, has your invite link expired?

@thedannorris @tmeire_ @SquadCastFM @TransistorFM Game changer! 💪

RT @mijustin: Growth tactics for SaaS really depend on your product category.

Overall, SEO has been a consistently good channel.

In our c…

@taylorotwell 🤣🤣

@brennandunn Did you hire someone to film it?

@ericlaw *millions of units

RT @mijustin: Nobody wants to give up their position. We're self-righteous. We hunker down and go back to listening to the voices that affi…

@ClaudioDekker yup

@johnwpeele I've tried it. I just don't love having to continually set it up.

I want a camera that's just there, and I just flip a switch.

@blbraner I have the Panasonic G7 connected through a Camlink 4k.

And I recently got the Razer Kiyo Pro.

But I'd love a dedicated "webcam pro" from Apple that uses their best image tech.

@louisnicholls_ @TylerMKing Any other (fairly recent) bootstrapped SaaS, who have attained profitability + FT for founders, that we should consider?

@msukmanowsky $800 million in revenue in 2020

https://twitter.com/mijustin/status/1437518715159924736

@JackEllis @litecoin @LTCFoundation Yeah. I tweeted that earlier in the thread.

@timberowl @APompliano Except he was fine to talk with me when he thought he was right.

As soon as I pointed to the @LTCFoundation saying @litecoin *was* an official channel, he blocked me.

@APompliano @litecoin @LitecoinProject @TheRealXinxi Update: turns out @litecoin *is* an official @LitecoinProject / @LTCFoundation account.

"one of our team members was a little too eager and shared the story from the Litecoin Twitter account"

What was that about "more due diligence before publishing?"

https://twitter.com/LTCFoundation/status/1437484869664137221

Ironic that Pomp's initial critique of the media was that they didn't do their "due diligence."

He's an insider, and he didn't check to see if @litecoin was an official channel of @LTCFoundation?

https://twitter.com/APompliano/status/1437433843540189185

@MoreWillie @litecoin Does this change your take?

https://twitter.com/mijustin/status/1437489185540038663

@TheGronk30 @APompliano Does this change your take?

https://twitter.com/mijustin/status/1437489185540038663

@TheGronk30 @APompliano But they did check with Walmart, and then they updated their story.

In our current climate, everyone is quick to tweet. It moves fast.

But, at least the major media outlets correct themselves.

Still no public correction/apology from @litecoin.

@thejadedcitizen @APompliano I'm also wondering about this: https://twitter.com/mijustin/status/1437464148070133765

@TheGronk30 @APompliano also: https://twitter.com/mijustin/status/1437464148070133765

@MoreWillie also... what major news sources published this?

@APompliano Also: how do we know for sure that @litecoin *isn't* being run/sanctioned by @LitecoinProject?

(core litecoin folks like @TheRealXinxi follow @litecoin)

@TheGronk30 @APompliano What major news publications published this btw?

@MoreWillie @litecoin Even more worrisome: doesn't this case exemplify a huge risk for crypto?

These short-sell scams are particularly well-suite for crypto, where the price can fluctuate rapidly.

Scammers will continue to find any holes they can (whether it's Elon's account, @litecoin, etc)

@MoreWillie But they fixed it right away?

That Litecoin account still hasn’t posted an update.

How is fixing a mistake (right away) make “bad?”

Before targeting the media, I’d criticize (in this order):

- the Litecoin team
- @litecoin
- GlobeNewswire
- Twitter verification

@MoreWillie https://twitter.com/mijustin/status/1437439849129144329

@MoreWillie This is a ridiculous take.

The *verified* Litecoin account tweeted an official press release stating something.

Since finding the truth, all major outlets quickly published an update.

This is not a time to knock the news media.

@KHayhoe I just ordered it! Can’t wait. I could use some hope. ❤️

@JasonDoggart @mattwensing 🤣

RT @aarondfrancis: Yes, but at least we saved 29 dollars a month by building it internally.

@chrisyour I’ll take a look!

Do they discuss my first question?

“How do we know what kind of energy miners are actually using? Is that being tracked? By whom?”

@chrisyour Whoa. Chris slow down.

1. How do we know what kind of energy miners are actually using? Is that being tracked? By whom?

2. Even if they switch to green energy, how will we deal with the induced demand problem?

https://en.wikipedia.org/wiki/Induced_demand

@chrisyour You’re assuming that cheaper energy will always be greener/renewable? Lots of cheap dirty energy still available, no?

Heavy industry has also historically always had a profit motive (and wants to minimize costs) but they often do that through externalities, cutting corners, etc

RT @thisiskp_: "People think bigger companies have more resources so they're better at everything. I think it's bullsh*t.

Indie Hackers an…

@dannoblaster But, when you have a heart attack, who will you trust to take care of you?

Your instincts?

Or... medical professionals?

@chasewreeves @OvercastFM Ah. Yes.

There's a few apps that do this, but my personal approach is to download the MP3 + transcribe in Descript + and add my own comments using their interface.

Then I can search my personal @DescriptApp library for text + comments.

@chasewreeves Yup. This is built into @OvercastFM and a few others.

Two ways to do it on the hosting side:

https://support.transistor.fm/en/article/how-do-i-add-time-stamps-to-my-podcast-episodes-cp0h19/

@mateusjatenee I’ve been here since 2014; love it. https://twitter.com/mijustin/status/1412802394572738561

@dannoblaster Ah. Got it.

You’re waaaaay down the rabbit hole. 😄

@dannoblaster Also, who is "the government" in this scenario?

The US govt? The Canadian govt? The UK govt? France? Australia? NZ?

Nearly every country in the world as adopted the same strategies, and very similar messaging.

@dannoblaster What data are basing your opinion on?

Lockdowns slow the spread: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7293850/

Vaccines slow the spread: https://www.nature.com/articles/d41586-021-02054-z

@dannoblaster Even Trump used "two weeks to slow the spread of Covid19."

https://www.cnn.com/2020/03/28/politics/social-distancing-us-coronavirus-15-days-charts/index.html

Nobody said it was going to be "2 weeks to stop covid19 completely."

That's ridiculous. That's not how viruses work. They evolve (especially when they're given the chance to spread).

@dannoblaster What was the initial promise? (And who made the initial promise?)

I don't think anybody said "this vaccine is going to permanently stop the virus."

That's a fabrication.

@brhea I’ve read some of Lyn’s other stuff, and I’m skeptical about her take: https://twitter.com/mijustin/status/1434193389206085637

@iamwil Those are interesting anecdotes; but it remains to be seen whether a large % of folks in El Salvador

1. Want to use bitcoin
2. Can use bitcoin
3. Will use bitcoin

https://www.bbc.com/news/technology-58438525

@ninjaparade 🤦‍♂️

@sacca @alexisohanian Is this related to @lowercarbon?

Keen to see more carbon capture projects rolled out. 👍

@theDanielJLewis @PayPal @TransistorFM 19/20, someone who wants to pay us by PayPal can also pay us by Stripe.

So we lose out on 1/20 trials (but we'd have to write custom billing code outside of Stripe to serve those folks – not worth it for us)

@theDanielJLewis Yup. The added complexity + support costs is a big reason we don’t accept @paypal at @TransistorFM.

(It also adds a lot of hassle to bookkeeping)

@cgimmer What do you mean “no one is talking about it?”

From what I can see, nearly every major news outlet in the world is talking about it:

https://www.reuters.com/technology/pros-cons-el-salvador-first-bitcoin-nation-2021-09-06/

@chriscantino Agreed.

Some of those tropes emerge out of what people see regularly displayed in public (which might be a tiny % of VC, but are the most visible)

@JesperBylund @cdixon The initial infrastructure, at least in North America, was heavily subsidized via government/university grants.

https://www.jstor.org/stable/3116559

Also see: the National Science Foundation https://en.wikipedia.org/wiki/National_Science_Foundation

@cburgdorf @levelsio @level09 @aantonop Can you tell me more about the switch?

When I google it, I see lots of articles saying "it's coming," but I can't tell when the switch is supposed to occur (and, will it be gradual?)

Also, any stats on how much more efficient it is?

@JesperBylund @cdixon Governments provide a lot of the subsidies, tax incentives, etc... to help pay for infrastructure:

https://www.oecd.org/sti/ieconomy/2736714.pdf

https://www.commsupdate.com/articles/2020/01/21/sweden-to-offer-eur150m-broadband-subsidy-this-year/

https://www.telecompaper.com/news/swedish-govt-provides-sek-140-bln-more-broadband-subsidies-in-2021-reaching-sek-285-bln-by-2025--1354303

@emmetgibney Yeah, it’s a really encouraging episode!

RT @mijustin: “Don’t trust outsiders”, “don’t listen to scientists”, and “don’t trust other institutions” is the same rhetoric that cult le…

@emmetgibney It’s worth listening to Saul Griffith on this (who mapped America’s energy creation + consumption):

https://www.vox.com/podcasts/2019/12/16/21024323/ezra-klein-show-saul-griffith-solve-climate-change

@GarySpags https://twitter.com/mijustin/status/1434684665240064001

@iamwil Yup, I agree with you on this.

Still early.

@emmetgibney Yeah, the “nuclear ship” has probably sailed: very few new projects planned (and the planning + building takes decades). Many nuclear plants to be decommissioned in North America in the next few decades as well.

@moshelbrmn @levelsio Is Proof of Stake being used as scale yet?

(also, I've heard there are security/privacy tradeoffs?)

Also, how will we solve for the induced demand problem? (more efficient per unit produced, but overall energy use skyrockets)

https://en.wikipedia.org/wiki/Induced_demand

@0x106 I'm not sure that's an apt metaphor?

You'd think something like Discord (community software, already leveraging gifts/perks) would be the perfect use-case for crypto?

@emmetgibney Yes, but then we have the "induced demand" problem of energy consumption/usage.

More efficient per unit produced, but overall energy use skyrockets.

https://en.wikipedia.org/wiki/Induced_demand

@SweatingCommas Lol. I'm sure Plato's Unified Theory of Santa Claus is somewhere in here.

@earthlingworks Success seems multifaceted, cumulative; making it difficult to describe in a linear way.

For example, "knowledge" is important.

But sometimes you seek the wrong knowledge. Sometimes knowledge finds you. Knowledge often compounds; but an external var can disrupt what you know.

@Shpigford @earthlingworks @mariordev @valsopi It’s interesting to me that we (as individuals) seem to coalesce around the same 3-4 elements (as opposed to other things), which makes it feel less related to our “personal feelings/opinions” and (perhaps?) more culturally or evolutionarily based?

@pbmarcano The conclusions that Lyn is deriving from the Cambridge study aren't accurate.

They identify the limitations of their data here:

"More research and data is needed to assess how the global redistribution of hashrate affects the energy mix and carbon intensity of the network."

@pbmarcano Sorry, but this isn't solid science.

Lyn is an investment advisor (and she's using old arguments)

The IEA has had numerous criticisms from the scientific community (#Criticism)" rel="noopener noreferrer">https://en.wikipedia.org/wiki/International_Energy_Agency#Criticism)

Science is the process of experts rigorously vetting data, assumptions, and theses.

RT @lovevalgeisler: 3 years later and we’re still here. I invite you to read this whole thread. We center sexual assault and reproduction o…

RT @mijustin: To paraphrase @kylefox’s whole take:

“Crypto could be big, but that remains to be seen. Either way, we’re probably at the “h…

@DanielZarick @shahruz What questions should I be asking?

(I am asking more questions... but you say I'm asking the wrong questions?)

@DanielZarick I'm just curious about all this.

Why do you think crypto is getting more hype/investment than other emerging tech with potential?

(Quantum computing, large-scale AR/VR, carbon capture, etc.)

@zherring What are they using defi for?

@einarvollset @cdixon Do you know normal people using crypto tech?

What are they using it for?

I see very little real-world usage outside of the crypto bubble.

@ianlandsman @einarvollset @cdixon Ian, what’s going to drive adoption?

I don’t see a path right now for widespread usage.

It’s still incredibly niche (besides folks buying it as an investment vehicle - often in investment accounts where they can’t “use” it)

@einarvollset @cdixon The difference is that in 1997, 102 million people had a computer. Only 18% of people had the internet, but that translated into 36 millions subscribers for AOL that year.

I don’t know a lot of regular households using crypto right now (besides buying it like they buy stocks)

@einarvollset @cdixon You’re misunderstanding me.

*Something* has to drive adoption. For Web 2.0, it was widely available broadband (largely funded by the government).

I’m not saying govt involvement is always necessary to drive adoption… but it often helps; we’re seeing the same with electric cars

@einarvollset @cdixon Similar to what the interstate provided for the auto industry.

Government funding and programs made widespread broadband a reality and paved the way for 2.0.

#Government_policy_and_programs" rel="noopener noreferrer">https://en.wikipedia.org/wiki/Internet_in_the_United_States#Government_policy_and_programs

Web 2.0 occurred because of the proliferation of broadband in America.

https://www.pcmag.com/encyclopedia/term/web-20

@wslyvh @cdixon @MetaMask Whoa..

Any way to verify that number? 10M monthly active users seems incredible (for a product I’ve never heard of 😜)

Not saying it’s impossible… but surprising!

https://www.assetservicingtimes.com/assetservicesnews/digitalassetsarticle.php?article_id=12202&navigationaction=digitalassetsnews&newssection=Digital%20Assets

@efreyreg @RphGrc Will regular consumers see "gas fees" as the same thing as a "management fee?"

@zherring @wslyvh @cdixon Traditionally, it's govt investment/subsidies that "lead the change." They invest before there is traction, and help create the infrastructure that undergirds widespread adoption.

(internet, highways for cars, subsidies for electric car manufacturers)

@zherring Not saying that. Just saying that so far, open-source/decentralized alternatives haven't gained widespread adoption.

Even the most successful versions of open-source projects (WordPress) have a centralized/for-profit entity behind them.

@zherring @wslyvh @cdixon Yes! The big problem with web 1.0 and 2.0 was "access to the internet."

Governments invested heavily in infrastructure (especially high-speed internet) which is what, ultimately, made web 2.0 work: widespread internet access meant regular people were online.

@zherring It doesn't have Twitter's scale/reach/adoption.

@tony_xiao @shar_dara @alka_app https://twitter.com/mijustin/status/1432826320040480775

@thejonotron Small expenses I just pay for personally.

@staydecent Yes. Because things change.

Most countries had a reopening plan, but the Delta variant has changed all of that.

Science isn't "static." Viruses evolve. Variables change.

We can't expect plans laid in May to "stay the same;" our response has to evolve (because covid is).

@staydecent Also interesting to look at Israel's original proposal/hypothesis (from March).

"The effectiveness of the green pass may be observed in changing vaccination rates in the coming weeks in different age groups."

☝️ this ended up happening

https://jamanetwork.com/journals/jama/fullarticle/2777686

@staydecent It's still voluntary; if folks want to go to nightclubs, sporting events, etc, they can get the passport.

Israel's initial implementation (March - May) helped reach high vaccination rates.

(They've only recently had to reinstate these measures because of Delta spikes)

@staydecent One thing about that video:

It's ok for public officials and scientists to change their mind. When they're presented with new data, new variants, etc... we need them to change their minds!

There's a reason that many global health authorities are considering passports right now.

@catthekin Every year, I realize this more and more.

🤦‍♂️ "Why am I categorizing this $3.83 expense? And why do I have so many other transactions like it?"

@staydecent I wonder if it's a question of resources?

Large-scale testing requires a ton of public health resources (clinics, staff, tests, labs).

@staydecent I'm not sure it's "misleading."

"Vaccine passport" is a pretty widespread shorthand for what they have:
https://www.reuters.com/business/healthcare-pharmaceuticals/denmark-developing-digital-covid-19-vaccine-passport-2021-01-08/

I like the fact that they've offered the additional options too. 👍

("coronavirus pass" isn't as widely used as shorthand)

@dcrouchca I linked to two sources: the NYT article, and the Jyllands Posten's article.

From the NYT:

"The country had fully vaccinated 80 percent of residents over age 12."

You're also assuming a lot about the "depths of my study." 😉

RT @mijustin: A few times a year, someone will send me a message like this:

"Stick to talking about bootstrapping and business. Don't talk…

@maggerbo Chrome’s “translate to English” is a super helpful. 😄

@staydecent Noted.

https://en.coronasmitte.dk/corona-passport

@MrSimonBennett Nice!

@iamcoreyg Me too