Kudos to WSJ on this great chart. The “GOP mandate” to usher major policy changes seems destined to suffer under a wafer thin majority. Let’s see how much can really get done via presidential powers…again.

I enjoy seeing crypto adds appealing to mainstream public. This Gemini exchange billboard on DFW airport is a mix of Mars meets Wild West, and I find this feel ironically very à propos within the crypto setting.

Juggernaut asset mgr BlackRock suggests no more than a 2% portfolio allocation to Bitcoin, while Fidelity talks of up to 3%. With tens of trillions of traditional assets out there, a 2% allocation means hundreds of $bn chasing a scarce asset ($BTC), which in turns gets much, much pricier over time.

Notorious crypto bros Justin Sun, Changpeng Zhao, and Sam Bankman Fried are/were philanthropists and patrons of the arts. Remind me how much tax they or their firms ever paid. 🤔