Replying to @yongfook
@yongfook Yup. We stopped sharing
@TransistorFM’s revenue stats at $30k.
https://justinjackson.ca/30k
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Replying to @EspreeDevora
@EspreeDevora I've only just started listening, but
@JordanHarbinger's show seems to be mostly remote these days?
I know
@marcmaron has been doing more remote episodes.
Tech podcasts (like
@atpfm) have been remote for quite awhile.
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Replying to @mijustin
That startup you think is "killing it" (because of their current hype, funding, strategy, charismatic leader) could collapse in 6 months.
Also: the founder & team could be miserable!
It's the passage of time that reveals "how good" a startup is.
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Replying to @mijustin
I'm not discounting the skills, connections, experience, resources, creativity, insights, and effort it takes to be successful.
Those are "necessary, but not sufficient."
You need strong, underlying customer demand (like water flowing down a river) to make a business work.
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Replying to @ChanningAllen
@ChanningAllen @IndieHackers Cool! How does it feel to be in one of those rooms?
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Replying to @Casey
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Replying to @kaleighf
@kaleighf I did used to feel this a lot.
But since
@TransistorFM got to scale, I feel a lot more relaxed. The pace is more calm.
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Replying to @mijustin
🎯 This is why I think we'll continue to see crypto wealth concentrated in the hands of tech folks (people who are already reasonably wealthy):
https://twitter.com/GregorySchier/status/1444759269270687744
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Replying to @mijustin
“We discover [new] possibilities by doing, by trying new activities, building new networks, finding new role models.” –
@HerminiaIbarra
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Replying to @mijustin
The challenge (for SaaS) is that the underlying desire has to be strong enough to consistently overcome inertia (month after month).
Some interesting nuance:
With web hosting, you generally only need to convince them once. Once the site is up, they'll pay for a long time.
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Replying to @noahwbragg
@noahwbragg As far as “profile recognition technology” goes, it feels like a regression.
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Replying to @arvidkahl
@arvidkahl Honestly, these days I tell people to incorporate in the US just so they can use
@BankMercury. 😅
https://twitter.com/mijustin/status/1020011279996485632
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Replying to @APompliano
@APompliano That seems more of a knock on the burgeoning “crypto news” industry than traditional media (
@litecoin hasn’t published a correction)
Also a knock on the official Litecoin team for not cleaning up that mess a long time ago? No official tweets from
@LitecoinProject since 2020?
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Josh is in it!
Send him some ❤️ by following him on Twitter and checking out
@meepsapp.
https://twitter.com/joshuaanderton/status/1435663147369521152
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Replying to @levelsio
@levelsio Both of those articles use old arguments (already addressed by recent research).
This new NYT piece uses the ongoing research from Cambridge and others:
https://www.nytimes.com/interactive/2021/09/03/climate/bitcoin-carbon-footprint-electricity.html
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Replying to @hanakimis
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Replying to @mijustin
I used to question everything.
Religion, in particular, gave me false-confidence. I believed I could be an expert on everything.
It was egotism; an "exaggerated opinion of my own importance."
It took time, but through gradual correction, I realized how wrong my beliefs were.
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Replying to @mijustin
Knowledge is both cumulative and iterative.
Humans make progress when we build on the knowledge that has been rigorously vetted in the past.
It's *good* to trust the cumulative (vetted) knowledge of professional communities in their disciplines: doctors, scientists, plumbers.
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Replying to @mijustin
There's a strong distinction between:
❌ "individual beliefs that are reinforced by your group" ✅ "having your beliefs, ideas, and claims scrutinized and vetted by others."
This is what Helen Longino, philosopher of science, calls "transformative criticism."
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Replying to @mijustin
The little ways you invest in yourself are cumulative.
The things you've done, the people you've met, the lessons you've learned, the resources you've gained, the experiments you've tried; they all accumulate over decades.
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Replying to @mijustin
"How come they saw that opportunity and I didn't?"
Ideas emerge out of our life experiences. Our lives are the soil where ideas have the chance to grow.
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Replying to @mynameis_davis
@mynameis_davis @danmartell Yeah, total comp is a more meaningful figure for sure.
(The salaries being DM'd to me are still higher than Dan's numbers, with dividends being extra)
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Thanks to
@damcclean, I've added all my recent newsletter articles to my site.
(Including today's, which people seem to really like 👍)
https://justinjackson.ca/articles
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Replying to @mijustin
Netflix is a $232 billion company that owns their centralized platform. They have some of the best algorithm engineers in the world.
And yet, people are still on Twitter asking for "Netflix recommendations."
It's possible that "more technology" is not going to solve discovery.
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Replying to @mijustin
🎯 Exactly. We need to ask: "what do listeners *like* about podcasts now?"
Why are we trying to change the central features of podcasting that make it great?
https://twitter.com/dragosilinca/status/1423438087799992320
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Replying to @mwseibel
@mwseibel Your example was to ask
@csallen to take something valuable and throw it off a bridge.
That's a faulty analogy; that's not at all like the VC/founder dynamic.
It's not just "words" that have influence; it's capital, equity, board seats, social threats..
https://twitter.com/mijustin/status/1422956748311248897
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Is venture capital bad?
Listen to my chat with
@spencerfry and let us know what you think:
https://overcast.fm/+MBmUtJ7Bs
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Replying to @ow
@ow Yes, I’ve loved using
@BankMercury for my US-based C-Corp.
And
@transferwise for my personal transfers.
I too wish we had those features in Canada. 🤞
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Replying to @mijustin
Put another way: who do you think is having the most fun, day-to-day?
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Replying to @mijustin
We're getting really close to our goal of 500 subscribers for the
@meepsapp waiting list:
⬛⬛⬛⬛⬛⬛⬛⬛⬜⬜ 85%
If you're building a membership site, online directory, or paid newsletter, you should sign up:
https://www.producthunt.com/upcoming/meeps
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Replying to @mijustin
I was wondering why our referrer traffic is so low (from Reddit, etc)
Here's a technical explanation from
@JackEllis.
Anyone know how I can fix this and configure my URLS better? 😧
(Using
@Netlify to host our site, and they automatically add trailing slashes...)
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Replying to @mijustin
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Replying to @mijustin
If you watch people make purchasing decisions, you'll notice they'll often get decision fatigue.
They're tired of experiencing the problem, and they're tired of looking for a solution.
Ironically, a lot of products make people think too hard about their decision!
Make it easy.
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Replying to @venikunche
@venikunche I switched to tech at 28, and was already considered to be a "late-comer."
I had years of management experience, but it took a while for me to prove myself.
I spoke about this struggle at Laracon:
https://justinjackson.ca/laracon
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Replying to @mariepoulin
@mariepoulin Forget Notion; people want Twitter romance novels.
🕺🌹💃
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Replying to @chddaniel
@chddaniel @ProductHunt @joshuaanderton The social proof of the Product Hunt upcoming page is nice. 👍
It's an especially good tool if you're building up to a Product Hunt launch.
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Replying to @mijustin
I want to see more billionaires follow
@patrickc’s example and start actively investing in fighting climate change.
https://twitter.com/patrickc/status/1397608897209270273
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Replying to @mijustin
This is about priorities.
Again, space is cool!
But… the world is literally on fire (including, at the moment, my town in BC).
We need government leaders, business leaders, and citizens to act collectively to solve the climate emergency.
https://twitter.com/mijustin/status/1251692255515009025
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Replying to @mijustin
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Replying to @mijustin
Over 300 people have now signed up for the
@meepsapp waiting list.
We've set a new goal: 500 people.
@joshuaanderton and I are creating a new way to build membership sites, online communities, and professional networks.
Help us by spreading the word!
https://www.producthunt.com/upcoming/meeps
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Replying to @mijustin
Thanks for all the suggestions!
If you want to see what
@joshuaanderton and I are building over at
@meepsapp check out our waiting list:
https://www.producthunt.com/upcoming/meeps
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Replying to @davidfano
@davidfano @SlackHQ @discourse @CircleApp @srcasm @DavidSpinks @hueypriest Revisiting this now.
After running a paid Slack community since 2013, I’ve now made
@meepsapp the main hub for everything:
- member registration
- payment
- member directory
- linking to Slack
- member newsletter / content
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Replying to @mijustin
Update: we're 24% of the way towards our goal of 100 subscribers on our
@ProductHunt waiting list.
👉
http://producthunt.com/upcoming/meeps
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Replying to @JordanGal
@JordanGal It's still being developed, but we're building a public
@megamaker members directory using
@meepsapp:
https://megamaker.meeps.app/members
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Replying to @adamwathan
@adamwathan This is too cute!
And those bows! Love it.
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@angrigoryan__ @IndieHackers @megamaker This is so backwards!
Employers need to take a look in the mirror and turn that question around:
"How can we create a work environment that will encourage (even our most entrepreneurial) employees to stick around and contribute at a high level?"
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Replying to @mijustin
Ok! Thanks to all of you who suggested
@RogueAmoeba.
And special thanks to
@BretFisher who jumped on a call and showed me two techniques:
1. Use Ecamm Live Audio monitor + Loopback
or
2. Use Audio Hijack Pro + Loopback
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Replying to @mijustin
"The market is so, so, so important. Market excuses poor ideas, poor execution, like just total ignorance. If you happen to luck into the correct market you can flail wildly and still get there." –
@fulligin https://twitter.com/rrhoover/status/1401212712538066951
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Replying to @mijustin
You can gauge demand as you go along:
- observing existing customer behavior,
- noting shifts in the culture,
- being aware of economic tides,
- launching small trial balloons and seeing how people respond.
The key is to not get too far down the river if the signs are bad.
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Replying to @mijustin
First official episode is out now.
Let us know what you think!
https://share.transistor.fm/s/0822edf9
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Replying to @JamesLongleyHQ
@JamesLongleyHQ For me, “building in public” has its roots in indie SaaS and digital companies sharing their process, and being transparent, from the beginning.
Early examples: Basecamp,
@balsamiq,
@robwalling Companies like
@buffer,
@ConvertKit,
@baremetrics ended up sharing revenue too.
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Replying to @arvidkahl
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Replying to @mijustin
The way you navigate public spaces also depends on how *safe* you feel.
If your experience of Twitter is a barrage of toxic DMs, sexual comments, etc. then you'll act (and react) on Twitter differently than someone who gets very little negative attention.
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Live right now for a bit. We can talk about anything, but here are some ideas:
“Is Twitter good?”, Hypnotherapy, Clubhouse losing steam
https://twitter.com/i/spaces/1nAKELzZMdbxL
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Replying to @mijustin
Second: 🌾
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@arvidkahl really enjoyed this episode. Great mindset to have as a founder. 👍
https://overcast.fm/+XcqxahOYc
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Replying to @mijustin
Update: I've been informed by Apple support that "refresh feed" will no longer be available in the new Podcasts Connect.
https://transistor.fm/apple-podcasts-problem/
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There is tons of confusion about Apple's new Podcast Subscriptions.
(Plus: lots of misinformation about Apple "killing RSS feeds")
So I made a video that explains what's new, and what's stayed the same.
Full video here:
https://youtu.be/g9ZVucX0J80
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Replying to @mijustin
Ok. I've been trying to submit this feed through Podcasts Connect for 5+ hours.
Hopefully Apple fixes these bugs soon. ✌️
For folks (like
@NathanG) here's the full video of my attempt (and how it compares to submitting to Spotify):
https://youtu.be/sWzAxMsT1HU
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Replying to @mijustin
Ok. This is weird.
The original press release linked to a website called Apple Podcasts for Creators:
https://podcaster.apple.com/It was up for awhile, but now appears to be offline?
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Replying to @mijustin
@KIRNEILL 5. In your 20s-30s, optimize for learning, growing, networking.
6. In your 30s-40s, optimize for earning (but keep learning!)
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Replying to @hnshah
@hnshah I believe it’s different for successful bootstrapped companies.
When you don’t have money to burn, you need to be able to identify what customers want early.
https://justinjackson.ca/jump
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Replying to @visakanv
@visakanv Yes!
@TransistorFM does this and makes it really easy to distribute your podcast to all the listening apps.
https://youtu.be/1idRmNqxVuo
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Replying to @mijustin
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Replying to @mijustin
These tweets brought to you by this open bag of chocolate chips in my pantry I keep eating.
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Replying to @mijustin
Tricky to parse truth, because both lies and truth can wear the same emotional clothing.
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@csallen loved the more personal format in your chat with
@kevinleeme. 👍
https://overcast.fm/+JmiP5NvJU
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@jamesm dude love what you did with the
@invokerdev redesign! 🙌
https://invoker.dev/
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Replying to @mijustin
Not everything that can be minted, should be minted.
I’m from Alberta. There, the existence of the tar sands is a “nuanced topic, with lots of complexity” (jobs, historic ties, etc).
But we already knew, from the beginning, that the project would be a net negative for humanity.
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Replying to @vanschneider
@vanschneider We need to pause this NFT train.
We’re in a climate change emergency, and these tokens are consuming an incredible amount of electricity.
Seth Godin said it best:
https://seths.blog/2021/03/nfts-are-a-dangerous-trap/
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Replying to @mijustin
To give your product a chance at success, you are going to need enough resources to:
- built it
- launch it
- promote it
If your financial runway is 3 months, and someone else is launching a similar product but has 3 years... it's likely they'll win. (Survival of the richest)
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Replying to @mijustin
I’m going to do a quick live audio space here if you want to chat about it:
https://twitter.com/i/spaces/1yoKMABlqMoKQ
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Replying to @mijustin
Whenever I announce I'm going live on Clubhouse, I invariably get a bunch of replies from parents like this:
https://twitter.com/fideloper/status/1363536361362493440
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Incredible reporting by
@tortoise on wallstreetbets, stonks, and GameStop.
The most complete story I’ve heard yet. If you’re looking at what happened when the dust settled, it’s worth a listen:
https://overcast.fm/+VWTcw5R5A
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This is the best episode of
@ConanOBrien’s podcast yet:
If you’re a creative, listening to Dave Grohl (
@foofighters) will get you pumped up make your art (and enjoy your life).
https://overcast.fm/+WaZUe1Q8Q
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Replying to @JSn1nj4
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Replying to @mijustin
Just arrived in the mail:
@adii’s new book!
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Replying to @APKoponen
@APKoponen Anchor tried that model initially.
Right now,
@theothercole is building
@VoiceBlastsfm, which looks promising!
https://voiceblasts.fm/
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Replying to @mijustin
“I think a podcast’s primary driver is to develop “relationships” with interesting personalities.” –
@nbashaw Another example of this: I’ll often tune into
@WTFpod and listen only to the intro monologue.
It’s like me checking in on
@marcmaron to see how he’s doing. ☺️
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Replying to @mijustin
If the ultimate aim is to integrate Clubhouse into Facebook's social graph, it doesn't make sense for them to buy it for $10B (they could build it much cheaper, the same way
@TwitterSpaces is).
If FB truly wants to keep Clubhouse separate, is it worth buying "6 million users?"
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Replying to @adamwathan
@adamwathan Hahahahaha.
(From one dad to another, good joke. 👍)
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Replying to @mijustin
“In 2010, Chatroulette was the “it” site. It was profiled religiously, as was its eventual rise and decline in popularity. By June of that year, reporters had gone from singing its praise as “the future of the internet” to writing its obituary.” –
@verge Feels similar.
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Replying to @mijustin
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Replying to @mijustin
"Let's start afresh. Let's start to listen to one another again. Politics doesn't have to be a raging fire destroying everything in its path."
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Replying to @mijustin
@imyke I see you trying to join. There's a bug: if you're not a "speaker" you won't be able to hear anything.
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Replying to @mijustin
Another funny example:
Tony Hawk owns his own skateboard company (Birdhouse).
My guess, based on market share, is he's sold 1-2 million decks in the past 10 years.
But over the past decade, his video games have sold over 31 million copies.
He's rich from 🎮 not 🛹.
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Replying to @leenyburger
@leenyburger @balsamiq This was also true for
@jonbuda and me when we started
@buildyoursaas and
@TransistorFM at the same time. 😜
For many months, the podcast was making more monthly revenue than the product. 😄
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Replying to @Shpigford
@Shpigford @LaserTweets $2k seems pretty affordable tbh
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Replying to @Shpigford
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Replying to @mijustin
Y’all get the reference, right?
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Replying to @mijustin
4. VC funding (and their desired returns).
Based on their last round of investment, Clubhouse is currently valued at $100 million.
VCs want a return on their $12 million investment. Typically, for consumer-focused startups, that means running ads (and lots of them).
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Replying to @AliAbdaal
@AliAbdaal “Addiction to suffering is at some level driven by a desire to feel better.” – Nancy Colier
It makes haters feel "good" to feel bad.
https://justinjackson.ca/haters
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