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“I can’t leave Substack, the alternatives charge monthly fees!”

For a mid-sized paid newsletter, you will pay:
Ghost Pro: $149–$269/month
Beehiiv: $131–$218/month
Buttondown: $239/month
Mailchimp: $285/month
Substack: $700/month

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taking psychic damage reading the lawsuit by Justin Sun’s Bit Global against Coinbase

COINBASE’S NONEXISTENT LISTING “STANDARDS” 62. While Coinbase claims to have made the decision to delist wBTC to adhere to the company’s “listing standards,” the truth is that Coinbase has virtually no standards for what can be listed at all. Around the same time that it was delisting wBTC, Coinbase has onboarded various “memecoins” which unlike wBTC have no inherent value other than demand created by their memetic potential as jokes. The decision to allow users to trade these memecoins makes clear that Coinbase did not delist wBTC because of any listing standard, but because Coinbase coveted wBTC’s market share and wanted it for itself. 63. On November 13, 2024, Coinbase announced that it was listing a memecoin called PEPE, named after a controversial picture of a cartoon frog which has been identified as a hate symbol and/or a “racist frog.” The coin is promoted to “Dank Meme Enjoyoors” with an official website that purports to perform an “Autism Test” on their computers to ensure that the user’s autism is over 9,000 before proceeding.17

i have to respect the argument that “memecoins... unlike wBTC have no inherent value other than demand created by their memetic potential as jokes”. your honor, wBTC’s lack of inherent value is for a different reason entirely

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The outgoing Sherrod Brown addressing the Senate Committee on Banking, Housing, and Urban Affairs:

This committee must ready itself for the fights and challenges ahead:
Rising housing costs, private equity infiltrating more and more of our economy, insurance costs going up, risks building up in the private credit market, new technology that’s increasingly being used in our financial system – from algorithmic prices to AI to crypto.
All these risks have one thing in common: they all have the potential to take even more money away from working Americans…and funnel it to the same corporate elite that always seem to come out ahead. 

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Incredible essay about the importance and challenges of digital archival by Maxwell Neely-Cohen, as well as the various imperfect strategies to achieve “century-scale” digital archives.

We picked a century scale because most physical objects can survive 100 years in good care. It is attainable, and yet we selected it because the design of mainstream digital storage mediums are nowhere close to even considering this mark.

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“Century-Scale Storage”
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