I'm failing to see a problem with that.

Savage, but accurate.

But I argue for these projects to have a long tail, they need revenue.

A few have tried by selling hardware, but it never lands mainstream enough.

Live sports / tv is the one you can't really work around when your device doesn't have DRM support.

Then you have to carry a phone, which is even worse.

It technically resolved according to the rules of the market. A lot of traders on Polymarket seem to place bets on what they think is happening on the ground, when its been clear to me a while, that the key to winning is understanding how and when the sources will report the facts. And now I should add "whether".

I've always wondered how the resolution mechanism can be trusted. Won't someone with enough money rig that? It's not like PoW or PoS where a cheater with huge resources would ruin their own stolen money.

“Priced in”.

Not the first sketchy Polymarket resolution. It's also worth noting the rules can change on the fly. Earlier this year ISW changed how they map the war in Ukraine by introducing "Russian infiltration areas" where in the past they would have said "Russian-controlled territory". Polymarket updated the rules to say "Russian infiltration areas" wouldn't count if you are betting on a "Will Russia capture X?" market. Great news if you're betting on Ukraine, not so great if you're betting on Russia.

Other notable ones?

The Fordow (Iran Nuclear power plant) market was disputed several times because it wasn't clear whether the facility was destroyed by the US attack. The rules said it had to be confirmed by the IAEA, and many people figured they wouldn't be able to access the facility. However, the market resolved as destroyed because of some comments made by IAEA's director in a French radio show.

Can confirm. I've bought around 20 cassette tapes over the last 2 years - mostly new releases or re-releases of old stuff from the CD-era. I get way more enjoyment out of tapes than CDs. I think its because they're more hand's on, and I find the sound of my cassette deck soothing.

>What's next? VHS?

Yes, please! I've been thinking of starting a collection.

Lots of tapes more or less being given away here. Check your local flea markets!

This is already the case. Social Security has been running a deficit since 2010. It's only stayed solvent because of the trust fund, which is expected to run out in around seven years. So the government is currently keeping it afloat using general budget revenue.

Maybe the solution to this mess is to tie benefits to the total fertility rate. Would create a lot of interesting incentives.

There's the Peterson Foundation and the CFRB.

Thank you for these pointers!

At current trajectory, interest costs will exceed 50% of all tax revenue within 30 years. See footnote 5:

https://media4.manhattan-institute.org/wp-content/uploads/a-...

The author took the CBO's budget projections and adjusted them for "false sunsets", i.e. the tax cuts that were supposed to expire before they were extended, and the fake spending cuts written into the law that will never happen, i.e. the FRA.