Steve retweeted
All the individuals who were close to Justin Trudeau and stuck with him for a decade (or most of it), and who are NOW saying publicly how horrible / unqualified he was...
...owe an explanation to all Canadians as to why they didn't speak up when it would have mattered.
Steve retweeted
There's a small window in life when your parents are healthy, your children are little, and everyone is happy and together. It feels like it will last forever, it won’t. Cherish every moment of it.
Steve retweeted
Zero debt.
7-8 hours of sleep per night.
Low body fat percentage.
Nutrition is perfect.
Mental health on track.
Zero alcohol and extremely hydrated.
This was my peak. I was 8 years old.
Steve retweeted
An American interviewer asked Count Binface where he stands on the British political spectrum. 👇
Steve retweeted
I suspect either a tray table was down, or one of the window blinds was still half open.
This quoted post is unavailable.
Steve retweeted
🚨WOW!!!
Tim Sparks has confirmed he purchased 80 PIZZA HUTS and brought back EVERYTHING that made them iconic!
Pac-Man is back.
Salad bar is back.
Red cups are back.
Booths for families.
"I want to rebuild places for families to connect and put their phones down..."
Steve retweeted
“He’s driving at a reasonable speed and no one is around for miles. Have his wife gasp for no fucking reason whatsoever.”
The Unethical Guide to Surviving AI Layoffs
This is an email I sent earlier today to all employees at Coinbase:
Team,
Today I’ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it means for those affected, and how this positions us for the future.
Why now
Two forces are converging at the same time. We need to be front footed to respond to both.
First, the market. Coinbase is well-capitalized, has diversified revenue streams, and is well-positioned to weather any storm. Crypto is also on the verge of the next wave of adoption, with stablecoins, prediction markets, tokenization, and more taking off. However, our business is still volatile from quarter to quarter. While we've managed through that cyclicality many times before and come out stronger on the other side, we’re currently in a down market and need to adjust our cost structure now so that we emerge from this period leaner, faster, and more efficient for our next phase of growth.
Second, AI is changing how we work. Over the past year, I’ve watched engineers use AI to ship in days what used to take a team weeks. Non-technical teams are now shipping production code and many of our workflows are being automated. The pace of what's possible with a small, focused team has changed dramatically, and it's accelerating every day.
All of this has led us to an inflection point, not just for Coinbase, but for every company. The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native. We need to return to the speed and focus of our startup founding, with AI at our core.
What this means
To get there, we are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it. What does this mean in practice?
- Fewer layers, faster decisions: We are flattening our org structure to 5 layers max below CEO/COO. Layers slow things down and create coordination tax. The future is small, high context teams that can move quickly. Leaders will own much more, with as many as 15+ direct reports. Fewer layers also means a leaner cost structure that is built to perform through all market cycles.
- No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams.
- AI-native pods: We’ll be concentrating around AI-native talent who can manage fleets of agents to drive outsized impact. We’ll also be experimenting with reduced pod sizes, including “one person teams” with engineers, designers, and product managers all in one role.
In short: AI is bringing a profound shift in how companies operate, and we’re reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs.
To those who are affected
I know there are real people behind these decisions — talented colleagues who have poured themselves into this company and our mission. To those of you who will be leaving: thank you. You’ve helped build Coinbase into what it is today, and I am sincerely grateful for everything you've done.
All impacted team members will receive an email to their personal account in the next hour with more information, and an invitation to meet with an HRBP and a senior leader in your organization. Coinbase system access has been removed today. I know this feels sudden and harsh, but it is the only responsible choice given our duty to protect customer information.
To those affected, we will be providing a comprehensive package to support you through this transition. US employees will receive a minimum of 16 weeks base pay (plus 2 weeks per year worked), their next equity vest, and 6 months of COBRA. Employees on a work visa will get extra transition support. Those outside of the US will receive similar support, based on local factors and subject to any consultation requirements.
Coinbase prides itself on talent density. Our employees are among the most talented people in the world, and I have no doubt that your skills and experience will be highly sought after as you pursue your next chapters.
How we move forward
To the team that is staying, I know this is a difficult day. We’re saying goodbye to colleagues and friends you've been in the trenches with. But here’s what I want you to know as we move forward together:
Over the past 13 years, we have weathered four crypto winters, gone public, and built the most trusted platform in our industry. We’ve made it this far by making hard decisions and by always staying focused on our mission. This time will be no different – nothing has changed about the long term outlook of our company or industry. And most importantly, our mission has never been more important for the world. Increasing economic freedom requires a new financial system, and we’re building it.
The Coinbase that emerges from this will be more capable than ever to achieve our mission.
Brian
Steve retweeted
WARNING: Maritime Launch services issues a statement to markets in 2025 warning that it was not a going concern. Yet they continued to Liberals and received $200m of taxpayer funds as a result. I also examined the Lobbyist registry. In the last few years MLS lobbied 158 times in Ottawa almost all exclusively at the Ministerial Office level and PMO. There is a large amount of it 2025. Liberal insiders got very rich from this pump and dump scheme. otcmarkets.com/filing-file/0….
Steve retweeted
Maritime Launch - It's The Perfect Timeline
September 30, 2025: Company files MD&A stating "insufficient sources of operating cash flows to meet its ongoing needs." Six employees. $20M working capital deficiency. "Survival depended on raising more money."
March 16, 2026: Canadian government announces $200M taxpayer bailout.
April 9, 2026: Chairman Sasha Jacob sells $1.8M in stock.
April 15, 2026: Same Jacob exercises options for $974K more.
In a few short months this company with a concrete pad for years went from nearly broke and desperate to a $200M government rescue. Then within weeks a $3M insider cashout
Thank you taxpayers!!
In 1942, the Japanese rounded up all Chinese men in Singapore.
They were filtering out the healthy young ones to execute.
Lee Kuan Yew was 18. A guard pointed at him and said: "Go to that lorry."
He knew what that meant. The lorry went to the beaches. The beaches meant machine guns.
He asked: "Can I collect my other things?"
They said yes.
He walked away, found his family's gardener, and hid in his quarters for two days.
When they changed the screening inspectors, he tried again. This time, he got through.
The ones sent to that lorry were taken to the beaches and shot. Somewhere between 50,000 and 100,000 didn't survive.
60 years later, he sat down at Harvard to explain how he built Singapore from a tiny island into one of the wealthiest nations on Earth:
On what the war did to him:
"We lived in happy, placid colonial Singapore in the 1920s and 30s. The British Empire would have lasted another thousand years, so we thought."
Then the Japanese came. In less than one and a half months, the British collapsed.
"Three and a half years of hell. Butchery. Brutality. Many didn't survive. I was fortunate. I did."
"But it changed us."
"What right did they have to do this to us? Why did the British let us down so badly?"
When the war ended, Lee went to Cambridge to study law. But he was watching with different eyes.
"Can they govern me better than I can govern myself? Because they scooted when the Japanese came in. And why shouldn't I be running the place?"
On learning languages to lead:
Lee was the best speaker in English. But only 20% of Singapore spoke English.
The masses spoke Hokkien, Mandarin, and Malay.
"So every day at lunchtime, instead of having lunch, I would sit down with a Hokkien teacher and laboriously and painfully learn to convert my Mandarin into Hokkien."
"Had I not mastered that, the battle would be lost by default."
His first speech in Hokkien, the kids laughed at him.
"I said, please don't laugh. Help me. I'm trying to get you to understanding."
By 6 months, he could get his ideas across. By 2 years, he was fluent.
"Believe it or not, at the end of two years I could speak better than most of them."
"That came respect."
It showed two things: how determined he was, and how sincere. Here was a man doing all these other things and still learning their language just to talk to them.
On fighting the Communists:
The Communists had been organizing since 1923. The year Lee was born.
"Here we were in the 1950s trying to beat them. And they are professionals at organization."
They had elimination squads. Guerrillas in the jungle. Killer squads in the towns.
Lee stood up and said no.
"They denied that they were Communists. 'We're just left-wing socialists.' So I did a series of 12 broadcasts to set the scene. And I made it in three languages."
English. Malay. Mandarin. 20 minutes each.
"When I finished each broadcast, the director of the station couldn't see me. Went into the room and found me lying on the floor trying to recover my breath."
"But it was a fight for survival. Life or death."
On where trust comes from:
"It's difficult to establish trust in times of calm. You just say, 'Well, it's an argument, therefore I'm a better guy than you.'"
"But when the chips are down and you can get eliminated in a very unpleasant way and you show that you're prepared for it and you'll fight for them, it makes a difference."
"Without that trust, we could not have built Singapore."
On IQ vs EQ:
Harvard asked him: would you prefer high IQ or high EQ in a leader?
"IQ, you can get beautiful paper done. Complex formulas worked out. Elegant solutions."
"But when you've got to get a team to work and put that formula into practice, you're dealing with human beings."
"If you're not good at EQ, you can't sense that A doesn't get on with B, and you put them in the same team. It's no good."
He rated his own EQ as 7 or 8 out of 10. His IQ as "maybe 120."
But he had colleagues who could sense a person instantly.
"He shook hands with the man and said, 'I recoiled when I felt his palm. Evil man.' And he was. How does he know? I don't know."
"So I learned whenever I had to do interviews to choose people, I would get people who are very good at seeing through a candidate."
On corruption:
Singapore in the 1950s was full of deals, bribes, and organized crime.
"When we took over, we decided that this was the critical factor. If we did not make it so that every dollar put in at the top reaches the ground as one dollar, we're not going to succeed."
"We came in and made a symbolic act. We dressed in white shirts, white trousers, and said we will be what we represent."
He put the anti-corruption bureau under his personal portfolio.
"I gave the director the authority to investigate everybody and everything. All ministers. Including myself."
One of his own colleagues took half a million in bribes. When the investigation started, he asked to see Lee.
"I said, if I see you then I'll be a witness in court. So best not see me. Better see your lawyer."
The man committed suicide. Left a note saying: "As an oriental gentleman who believes in honor, I have to pay the supreme price."
"It's a heavy price. But it reminds every minister that there are no exceptions."
On consistency:
Lee had three journalists analyze 40 years of his speeches.
He asked them: what was the dominant theme?
All three said the same thing: consistency.
"What I said at the beginning, throughout all that period, the theme stayed loud and clear."
"That made it simple. Because you know where you stand with me. And you know what I want to do."
On delivering results:
"We deliver the homes, the schools, the jobs, the hospitals."
"Today, 98% of our people own their own homes. The smallest would be about $100,000 US. The biggest about $300,000."
"Once you own that amount of assets, you are not in favor of risking it with a crazy government. Your assets will go down in value."
"But that was planned."
Why? Because Singapore is small. Everyone does national service. If you're going to fight, you better be fighting for something you own.
"So we give everybody a stake."
On changing culture slowly:
Lee wanted Singapore to speak English. But he couldn't force it.
"Had I passed a law and said you will all learn English, we would have had mayhem. Riots."
Instead, he let parents watch who got the best jobs. The jobs were already there, from the multinationals and banks. They all used English.
"They watched and saw who got the best jobs. And they switched."
It took 16 years.
"I did not want to have said 16 years. Because in those 16 years I lost 20,000 Chinese graduates who had poor jobs. I wanted to make it shorter. I couldn't. I would have run into flack."
On whether leadership can be taught:
Lee quoted Isaac Singer, the Nobel Prize winner for Yiddish literature.
Someone asked Singer: "Can you make a writer write great literature?"
He paused. Then said: "If he has the writer in him, I will make him a good writer in a shorter time."
Lee's version:
"Can you make a leader of anybody? I don't think so."
"He must have some of the ingredients. He must have that high energy level. He must have the ability to project himself, his ideas. He must have the desire, almost instinctively, to say 'let's do something better.' Of wanting to do something for his fellow men and not just for himself and his family."
"You can't teach those things. He's either got it or he hasn't got it."
"But if he's got that, then you can save him a lot of trouble."
On sustaining yourself:
Harvard asked how he managed despair over decades of leadership.
"If your message is one of despair, then you should not be a leader. You must give people hope."
"But there are moments when you feel very down. Either because you're physically down, or emotionally down, or because the world has turned adverse against you."
"When you are in that condition, the first thing you do is get a good night's sleep. Then get a swim or chase a ball. Get the cobwebs out of your mind."
"If you're not fit, you're going to make mistakes. Physically fit. You must stay physically and mentally fit."
In his later years, he learned to meditate.
"At the end of 20 minutes to half an hour, my pulse rate can go down from 100 to about 60. You can feel yourself subside. You still your mind. You empty your mind."
"Then when you are rested, you resume quietly. You still got the same problems. Maybe you sleep on it. Come back. Look at it for a few days. Then decide."
This 2 hour Harvard interview will teach you more about leadership than every business book you've read combined.
Bookmark & give it 2 hours this weekend, no matter what.
In the 1920s, a Stanford psychologist tracked genius children for 50 years.
Malcolm Gladwell breaks down what he discovered:
Rich families → successful. Poor families → failures.
Not average. Failures. Genius-level IQs that produced nothing.
He spent 60 minutes at Microsoft explaining why we're wrong about success:
The psychologist was named Terman. He gave IQ tests to 250,000 California schoolchildren.
He identified the top 0.1%. Kids with IQs of 140 and above.
His hypothesis: these children would become the leaders of academia, industry, and politics.
He tracked them. And tracked them. For decades.
The results split into three groups.
The top 15% achieved real prominence. The middle group had average, moderately successful professional lives.
And the bottom group? By any measure, failures.
The difference wasn't personality. Wasn't habits. Wasn't work ethic.
It was simple: the successful geniuses came from wealthy households. The failures came from poor families.
Poverty is such a powerful constraint that it can reduce a one-in-a-billion brain to a lifetime of worse than mediocrity.
There's a concept called "capitalization rate."
It asks a simple question: what percentage of people who are capable of doing something actually end up doing that thing?
In inner city Memphis, only 1 in 6 kids with athletic scholarships actually go to college.
If our capitalization rate for sports in the inner city is 16%, imagine how low it must be for everything else.
Here's something stranger.
Gladwell read the birth dates of the 2007 Czech Junior Hockey Team:
January 3rd. January 3rd. January 12th. February 8th. February 10th. February 17th. February 20th. February 24th. March 5th. March 10th. March 26th...
11 of the 20 players were born in January, February, or March.
This isn't unique to the Czechs. Every elite hockey team in the world shows the same pattern. Every elite soccer team too.
Why?
The eligibility cutoff for youth leagues is January 1st.
When you're 10 years old, a kid born in January has 10 months of maturity on a kid born in October. That's 3 or 4 inches of height. The difference between clumsy and coordinated.
So we look at a group of 10 year olds, pick the "best" ones, give them special coaching, extra practice, more games.
We think we're identifying talent. We're just identifying the oldest.
Then we give the oldest more opportunities, and 10 years later they really are the best.
Self-fulfilling prophecy.
The capitalization rate for hockey talent born in the second half of the year? Close to zero.
We're leaving half of all potential hockey players on the table because of an arbitrary date on a calendar.
Kids born in the youngest cohort of their school class are 11% less likely to go to college.
11% of human potential squandered because we organize elementary school without reference to biological maturity.
Now here's the part about math.
Asian kids dramatically outperform Western kids in mathematics. The gap is enormous and consistent across decades of testing.
Some people say it's genetic. It's not.
It's attitudinal.
When Asian kids face a math problem, they believe effort will solve it.
When Western kids face a math problem, they believe the answer depends on innate ability they either have or don't.
Here's the proof.
The international math tests include a 120-question survey. It asks about study habits, parental support, attitudes.
It's so long most kids don't finish it.
A researcher named Erling Boe decided to rank countries by what percentage of survey questions their kids completed.
Then he compared it to the ranking of countries by math performance.
The correlation was 0.98.
In the history of social science, there has never been a correlation that high.
If you want to know how good a country is at math, you don't need to ask any math questions. Just make kids sit down and focus on a task for an extended period of time.
If they can do it, they're good at math.
Why do Asian cultures have this attitude?
Gladwell's theory: rice farming.
His European ancestors in medieval England worked about 1,000 hours a year. Dawn to noon, five days a week. Winters off. Lots of holidays.
A peasant in South China or Japan in the same period worked 3,000 hours a year.
Rice farming isn't just harder than wheat farming. It's a completely different relationship with work.
There's a Chinese proverb: "A man who works dawn to dusk 360 days a year will not go hungry."
His English ancestors would have said: "A man who works 175 days a year, dawn to 11, may or may not be hungry."
If your culture does that for a thousand years, it becomes part of your makeup.
When your kids sit down to face a calculus problem, that legacy of persistence translates perfectly.
Now consider distance running.
In Kenya, there are roughly a million schoolboys between 10 and 17 running 10 to 12 miles a day.
In the United States, that number is probably 5,000.
Our capitalization rate for distance running is less than 1%.
Kenya's is probably 95%.
The difference isn't genetic. The difference is what the culture values and where it spends its attention.
Here's the most fascinating finding.
30% of American entrepreneurs have been diagnosed with a profound learning disability.
Richard Branson is dyslexic. Charles Schwab is dyslexic. John Chambers can barely read his own email.
This isn't coincidence. Their entrepreneurialism is a direct function of their disability.
How do you succeed if you can't read or write from early childhood?
You learn to delegate. You become a great oral communicator. You become a problem solver because your entire life is one big problem. You learn to lead.
80% of dyslexic entrepreneurs were captain of a high school sports team. Versus 30% of non-dyslexic entrepreneurs.
By the time they enter the real world, they've spent their whole life practicing the four skills at the core of entrepreneurial success: delegation, oral communication, problem solving, and leadership.
Ask them what role dyslexia played in their success and they don't say it was an obstacle.
They say it's the reason they succeeded.
A disadvantage that became an advantage.
Here's what Gladwell wants you to understand:
When we see differences in success, our default explanation is differences in ability.
We forget how much poverty, stupidity, and attitude constrain what people can become.
We refuse to admit that our own arbitrary rules are leaving talent on the table.
We cling to naive beliefs that our meritocracies are fair.
The capitalization argument is liberating.
It says you don't look at a struggling group and conclude they're incapable. It says problems that look genetic or innate are often just failures of exploitation.
It says we can make a profound difference in how well people turn out.
If we choose to pay attention.
This 60 minute Microsoft talk will teach you more about success than every self-help book you've ever read combined.
Bookmark this & give it an hour today, no matter what.
Steve retweeted
It is much, much worse than you think…
The UK added 11.1 million people and built 4.8 million homes (@GreatBritishTT article)
Broad money quadrupled from £700bn to £3.2tn while real GDP grew 55%.
Four pounds now do the job one used to do. That is the entire mechanism.
Your house didn’t get more valuable. Your pound got less valuable. The house just kept score.
Prime London down 25% from 2014. BTL yields below gilts.
Fertility at 1.44.
First-time buyer age up from 29 to 33.
Home ownership down from 71% to 63%.
Net income ratio between minimum wage and a top 5% salary: 3:1. The USSR never went below 5:1.
They sold the energy.
They sold the water.
They sold the housing stock.
They loaded the graduates with debt.
They crushed the savers.
They printed to cover the deficit.
They froze the tax bands.
They let the courts collapse.
They let a car leasing monopoly sit on £4bn in reserves.
They funded Persimmon’s CEO bonus with public money.
They taxed family farms at death.
They promised 300,000 homes a year and never once delivered.
Then they told you it was your fault for not saving harder.
Energy is the master input. Britain is an island made of coal surrounded by a sea full of gas and the political class won’t drill it.
Norway took the same geology, built a $1.7tn sovereign wealth fund, and is now courting OpenAI. We built consultancy reports.
The next industrial revolution will not happen here. Not because we lack the talent. Because thirty years of policy made the cost of powering anything too high for the industries of the future to justify locating in this country.
This is not just a housing crisis. It is a monetary crisis expressed through housing, compounded by energy failure, planning paralysis, institutional decay and three decades of fiscal incontinence.
Full piece:
open.substack.com/pub/anglof…
For the last ~15 years since I left uni, I’ve been a consistent top 1% (at the start) to top 0.1% taxpayer (last few years).
I’m not rich, though. We live modestly. We save. We invest. We are sensible.
But I work hard. Really hard. Most weekends I’m writing strategic go to market plan, white papers for new products, attending ExCo calls, or sending data to our major stakeholders.
I’m also the only real income in our household for the last few years. My wife runs her own small company and they do quite well for their size - they paid our kids school fees for a few years, sure it’s up and down, as any new endeavour tends to be - but she also gets absolutely hosed by Reeves for any success she can manifest.
And I’m sick to the back teeth of the way the economy treats risk-takers and entrepreneurial people, and the general way it is configured. It’s all wrong.
I’ve absolutely had enough.
The social contract is totally and utterly broken.
The state is eating the economy; it rewards indolence and kills ambition.
I’ve left the country before for work opportunities and better prospects, so I’m not averse to the idea. Though I don’t really in my heart of hearts want to and I suspect this is what the state is betting on more broadly.
This time around, I have remained in Britain so far because: it’s our home, our families are here, our friends are here, we bought a big pile in Surrey to put down roots after a lot of travel, our kids are settled in school, and our parents are in their twilight years. It’s not easy to just up roots like it was in the past.
But it is inescapable that the country is structurally fucked. In every conceivable way.
You can’t build. You can’t keep what you make. There’s very little to zero return on your taxable income and efforts.
Long term, the delta between state spending and borrowing and its productivity and wages/tax receipts is moving in an exponential K-shape.
The pension system is geared against people like me who put in, and geared towards a critical mass of indolents - both domestic and imported - plus a big proportion of boomers who have never contributed what I have. And in my pond, I’m not even a big fish.
16,500 of us have already voted with our feet.
I’m just absolutely done paying for welfare socialism and Islamist scope creep. I see the Greens waiting. Reform is the main alternative to the traditional parties and they’re a total joke. Despite their membership numbers and THE EXCELLENT @RupertLowe10 - I am unconvinced Restore will ever be given a fair hearing by the mainstream media. Their electoral cut-through is likely to suffer as a result. The SDP led by the brilliant Clouston still have no cut-through. It’s collectively all so disappointing. I will continue to support both parties as they are the only patriots left.
My friends - many of them - are out already, and many more are about to be. It’s 90% of what we discuss when we meet.
Tonight I made a decision. I’m out.
Do what is best for your family now.
No one you know in your day-to-day life is remotely aware of what’s coming.
It will be swift and it will be unforgiving.
No one is coming to save you.
Good luck. Godspeed.
✌️
(Red pilled for years, radicalised by @trevgoes4th and @db_fink)
Steve retweeted
Make Canada so compelling that the best and brightest want to net-immigrate, not flee.
Let's stick to good ideas, of which Pichette has plenty. Making Canada a cage is not one of them.
The Liberal party has Patrick Pichette a former Senior VP of Google on stage who lives in Europe by the way, say that if Canadians want to leave Canada to work in the US they need to pay an exit tax of half a million dollars. The guy did the very thing to get a Microsoft job decades ago and paid 30 bucks. Now he wants young Canadians to be trapped here. The Liberals are nuts.
Steve retweeted
114 years on, Belfast witnesses a full-scale drone Titanic depart into the night...a powerful tribute.
#titanic #rmstitanic
Steve retweeted
Replying to @fandompulse


























