Peter Ryan

Peter Ryan

5,953 Twitter followers

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Research @Ryan_Research Formerly: MA Global History (Econ) @UCDdublin Research @coindesk BA Econ / Biz / CS @nyuniversity

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The emerging dialectic in Europe will be between: American vassals (wussocrats who have no spine or vision to stand up to US and MEGA rightoid puppets that are empty headed grifters) VS. European sovereignists (capable technocrats who see the math isn’t mathing, non-woke populist left responding to affordability crisis and youth angst, and whatever is left of authentic immigration restrictionist populist right) twitter.com/_PeterRyan/status/...

In every economic era, countries competed against each other in “redundant” industries (textiles, ships, cars) to develop sovereign economic power which led to sovereign economic growth. Tech is no different but Europe has ceded all of this to America. It is entirely arbitrary that American tech is given a monopoly on Europe. If Europe emulates the past attitude, it can easily build and substitute American tech for its own. If you are an investor, what do you have to argue against this? Europe has rule of law, educated citizens, deep capital, and half a billion population. It’s not a question of demand. If American tech is Europe now, well that’s your market. If you invest in new tech firms or smaller firms today, you are guaranteed growth by simply collaborating with European governments to replace all of American tech. There’s never been an easier path to low risk returns than this. twitter.com/_PeterRyan/status/...

Once BIP-110 activates with little to no hashrate, resulting in a chain split, will you demand your withdrawals from exchanges be processed on that chain, or will you continue withdrawing to the legacy chain? What if no exchanges support withdrawals to the BIP-110 chain?

I don’t know why people think Bitcoin is decentralized in a world where Saylor and MicroStrategy are a risk vector in the upcoming soft fork between Bitcoin Core and Knots. Saylor is now the kingmaker. Ask him which side he is choosing.

Saylor gets to choose which chain to dump. Hashpower moves to the side he doesn't dump.

The idea that developing countries can skip industrialization — and instead develop based on services — is fundamentally misguided. Except for very small countries, *every* country that has transformed its economy from low- to high-income has done so via manufacturing.

Irish banks have become safe deposit boxes. Credit to the economy is drying up, despite increases in deposits. twitter.com/davidmcw/status/20...

The GENIUS Act may well be remembered as the Reckless Idiot Act, considering that it has set the stage for another destructive experiment in free banking, like the one that ended in tears during the 19th century, @Nouriel warns.

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