Matthew Liu

Americans need more affordable housing. And it turns out, building more housing, does, in fact, make rents fall. bloomberg.com/news/articles/…

why not just raise income tax rates? because your real intent is not to just “provide healthcare”. you’re masking that you are proposing the creation of, for the first time in the 250 years of this American republic, an organized government seizure of private property from citizens. you’re calling it a “wealth tax” or a “billionaires tax” or “millionaires tax” or whatever nom du jour polls well. but at the end of the day, it’s the seizure of private property from citizens by the government. citizens that earned money, paid their fair taxes on those earnings (53% if they live in California) and are now being told they need to hand over after-tax assets because the government has failed to provide promised services with the revenue it’s collected, and are now re-casting their own failure to be a socio-economic inequity that must be justly resolved... a slippery slope that has never gone anywhere good (see economic effects in USSR, Cuba, Venezuela, France and Norway wealth tax etc.) the American founders fled tyranny in Europe and this amazing nation was populated by immigrants (myself and your parents) from around the world not just looking for a “better life” but for a place where they could have freedom from tyrannical governments that can take what they want from private citizens. a great nation borne of property rights, the rule of law, and endowed freedoms to believe, speak, or act. these principles led to the greatest run of innovations, successes, and widespread increase in prosperity, for all citizens, ever seen. the citizens, the individuals, not the institutions, delivered this progress. those who invented, who toiled, who bled, who sacrificed, who took risk and persevered, who led, and who changed the world, are not charlatans, kleptocrats, or oligarchs. they’re what made us all better off. prosperity is a measure of america’s success, not its failure. it is your principle that is so offensive, as evidenced by the broad disdain for your flippant flirtation with the darkest of human fantasy - socialism. you and other neo-socialists have led so many of us to reflect on America’s history and what it is becoming. that now leads so many to consider, so unnecessarily, leaving their homes for a place where everyone stands up to shout down the principle you suggest. because if your ideas are now considered moderate, it’s clear this titanic is sinking. that a “simple tax” of taking assets that have been earned, through toil and tribulation, rightly taxed, and preserved, should now be unjustly seized, is your solution to a problem of obvious government mismanagement and outright fraud, tells us that your true motivation lies not in giving people healthcare but in cutting down success and deleting the system of prosperity and opportunity for all. i don’t care, and neither should anyone else, what the sum total market value of a private citizens private assets might be. it is none of my business and should be none of yours. because, again, once you open that pandora’s box, we might as well study Lord of the Flies … there is literally nothing stopping 51% of citizens demanding that their government go out and seize 100% of the private property of the 49%. want to give healthcare to people in need? do your job and fix healthcare. make it affordable. want to be lazy about it? then do your job lazily and raise income taxes. want to take private property from private citizens who have paid their fair share of taxes and legally earned their property, then honestly declare that it is envy, not inequity, that you strive to resolve…

2025 Crypto Year in Review

BREAKING: Nvidia, $NVDA, announces it is acquiring Groq for $20 billion, its largest acquisition of all time.

ZERO-SUM THINKING IS THE MIND-KILLER Here's why half the world is miserable: they think wealth is pizza. 8 slices. You get more, I get less. Someone's winning means I'm losing. It's the economics of cavemen fighting over a dead mammoth. But wealth isn't pizza. It's not fixed. Every iPhone created wealth that didn't exist before. Every app, every business, every innovation expands the pie. Elon builds rockets - that doesn't make you poorer. It makes humanity richer because now we can do things we couldn't do yesterday. Zero-sum thinking turns everything into grievance. Why is he successful? Because he stole my success. Why does she have that? Because I don't. It's the psychology of envy dressed up as economics. And it's poison. The people building - Elon launching Starships, programmers fixing code at 2am, entrepreneurs risking everything - they're not taking from you. They're creating possibilities that didn't exist. The zero-sum crowd watches this and seethes instead of builds. We're at the beginning of an abundance explosion. AI, robotics, space, energy breakthroughs. The people stuck in scarcity mindset will be left behind screaming about fairness while the rest of us build the future. Let go of envy or get left behind. That's not a threat. It's physics. Media: Harvard Gazette

Concierge beer delivery service for the homeless in SF on the taxpayer dime I really really wish this was a joke but it is not

The most effective workout for fat loss only takes 2–4 minutes. (Backed by 70+ studies.) Not daily HIIT classes. Not spending an hour on the treadmill. Not hitting 15,000 steps per day (although that helps, too). The research shows something interesting. Researchers compared sprint intervals, cardio, and HIIT. Here’s what they found: • Sprint Interval Training (SIT) produced 91.8% more fat loss than cardio • SIT produced 39.5% more fat loss than HIIT • SIT sessions took 71% less time than cardio What SIT looks like: • 10–30 seconds of all-out sprinting • 2–4 minutes of full rest • Repeat 4–8 times • 2x per week That’s it. No equipment required. Why it works: • Activates fast-twitch muscle fibers (the ones that burn the most energy) • Spikes growth hormone + post-workout fat burn • Preserves muscle instead of breaking it down • Keeps cortisol lower than long cardio Most people spend longer deciding what workout to do than this session actually takes. If fat loss is the goal, Sprint Interval Training is the highest ROI workout you can do. 2–4 minutes of real intensity → leaner, stronger, faster. --- If you'd like help implementing this (safely) into your training regime, send me a DM saying "Interested" and let's see how I can help.

i strongly disagree. imagine: someone is working for $15/hr in a bicycle shop in san jose. they aspire to one day create their own bicycle company, selling custom bikes to customers. but how? today they don't have the labor pool, startup capital, or capabilities. tomorrow, the miracle of technological progress emerges... 2 robots can be purchased for $20k, setup in this person's garage. and used to build bicycles 24/7 on demand, AI is used to create a website and ordering system. and customers place orders online. now, this worker owns and runs his own highly profitable business. an economic miracle. unleashed by technology. a few years ago, i visited a farm in western australia. this guy used to be a field worker, he saved up and bought some large automated farm equipment and today he singlehandedly owns and farms 10k acres. his quality of life and the prosperity of his family ballooned. an economic miracle. unleashed by technology. today, millions of individuals make a living selling goods online, working their own hours, while feeling more fulfilled. if not for ebay, amazon stores, shopify, etsy, these individuals would not have been able to create their own businesses and improve their own living conditions. an economic miracle. unleashed by technology. taxing and burdening the creation of those online stores would have destroyed that opportunity and all those individuals would be worse off. in the same vein, and to directly address your original example, instead of working for a video game company, AI will now let artists create their own video games and run their own studios. they don't need to be employed by someone else's studio or big company. AI gives them all the tools they need. if a studio "replaces artists" with AI, those artists will now be able to compete with the studio, eroding the studio's profits away, while increasing the quality and quantity of video games in the market. consumers win and artists make more money. these economic miracles play out every day in free markets, unburdened by the government's intervention. as soon as the govt creates "taxes on automation", it shackles workers to old jobs. automation IS opportunity. it is leverage for the individual, not just profiteering for the corporation. at this very moment, i believe elected officials who are looking to get re-elected are finding emotional resonance with voters by proclaiming job loss and doom emergent are due to the AI miracle underway. the reason the message of AI doom and billionaire blame is so resonant is because cost of living has exploded in the United States. ironically, i'd strongly argue, the current high cost of living is due, exclusively, to excess government spending. by creating govt programs to give people "access" to food, housing, education, and healthcare, elected officials have inadvertently inflated the cost of food, housing, education, and healthcare. if there is an obligation to buy, the seller (food company, home builder, education institution, and drug company) will be incentivized to charge ever-higher prices. and here we are with record high prices for everything. i would urge you to make your existing government programs more accountable and eliminate those that aren't meeting their core social objectives, before trying to launch new ones. rightsize spending to ensure govt programs are net deflationary, rather than inflationary. this would actually help people in need. and i will tell you one thing that will certainly be deflationary to the cost of living in the US - automation. let's pls not get in the way.

Statistically, you should not exist: – Life-friendly universe: 1/10⁶⁰ – Earth + moon: 1/10⁹ – Multicellular life: 1/10⁴ – Intelligence & civilization: 1/10⁹ – Your genome: 1/70 trillion You’ve already won the lottery 10 times in a row. Ignore small people & enjoy!

The murder of Charlie Kirk is part of a disturbing rise in political violence that threatens to hollow out our public life. A free society relies on the premise that people can speak out without fear or humiliation. No more political violence.

🚨🇺🇸 BREAKING: TSUNAMI WATCH ISSUED FOR ENTIRE US WEST COAST - WAVES TO HIT WITHIN HOURS The entire US West Coast is now under TSUNAMI WATCH following the massive M8.7 Kamchatka earthquake, with waves expected to arrive overnight. POTENTIAL WAVE ARRIVAL TIMES: PORT ANGELES/ASTORIA: 11:40 PM PT (2:40 AM ET) GOLD BEACH/EUREKA: 11:40 PM PT SAN FRANCISCO: 12:40 AM PT (3:40 AM ET) MALIBU/SAN DIEGO: 1:05 AM PT (4:05 AM ET) IMMEDIATE ACTIONS: Monitor emergency alerts Prepare to evacuate if upgraded to WARNING Stay away from beaches and harbors First waves may not be largest Japan already experiencing tsunami impacts with 3-meter waves expected. Alaska elevated to full WARNING status. West Coast residents should prepare for potential evacuation NOW. Source: Tsunami Warning Center, Fox Weather

Blockchain technologies will power the next generation of payments, and the U.S. dollar is coming onchain. Thanks to President Trump’s visionary leadership, and @SenatorHagerty's important work in Congress, the GENIUS Act will help cement the U.S. dollar as the global reserve currency for generations to come.

*POWELL:DON'T CONSIDER FEDERAL DEBT IN MONETARY POLICY DECISIONS

Thank you to the @theallinpod for having me on. It was a real pleasure sitting down with @friedberg, @chamath, and @Jason to talk about my early days, happiness, time management, longevity, and more. Grateful for the conversation, watch it now!

Peter Thiel on why 70% of Millennials say they are pro-socialist: “When one has too much student debt or if housing is too unaffordable, then one will have negative capital for a long time… and if one has no stake in the capitalist system, then one may well turn against it.”

it is vitally important for america that mamdani get elected mayor of NYC. he can help maximally and swiftly tax the rich, stand up govt-run grocery stores, eliminate the police force, freeze rents, and make public transportation free.. it’s unlikely that taxing the rich will cause them to move to other cities (collapsing nyc tax revenue), or that city-run grocery stores will fail to increase fresh vegetable consumption in the inner city, or that elimination of the NYPD will cause a rise in crime and decline in quality of life, or that freezing rents will drive landlords to dump properties (collapsing prices and property tax revenue), or that free public transportation will result in union-led kleptocracy. no way. i’m sure this time socialism will be different… if Americans don’t want to learn the lessons of socialism’s failures elsewhere, we should aim to learn them here as quickly as possible. let’s make sure one or two cities and states fall apart fast so the rest don’t have to.. elect mamdani! after accruing $2 trillion in student loan debt, that they will never be able to pay down, it’s no surprise “the college educated in nyc are supporting mamdani 61-39”. the current system has failed them. but the truth is, more government may not be the answer when too much government (indiscriminate federal student loans regardless of cost or quality of degree or institution) may have gotten them to this moment. a gentle reminder, though, that an articulate ignoramus isn’t more correct than his less charismatic/authentic political rival. facts, data, truth still stand above theory, innuendo, and bullshit. socialism won’t work. if we have to re-learn that lesson the hard way, let’s do it fast and elect mamdani.

so many pundits bewildered by mNAV premium, but the very same people perfectly accepting of: - fractional reserve banking - infinite debt/GDP growth - ponzi social security/pension math What do we call this mental illness

If you do not custody consumer funds, you aren’t a money transmitter. Plain and simple. Our nonpartisan Blockchain Regulatory Certainty Act, which codifies this simple concept, has been added to the CLARITY Act! Grateful to @RepFrenchHill, @RepBryanSteil and @RepRitchie for their support.