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"I put out a podcast on Saturday in which I played the conclusion of my recent interview with Thaddeus Russell. In it, we talked about whether people in the US had grown poorer or richer over the last few decades. I argued that compared to the Boomers, Millenials and Zoomers are demonstrably poorer in terms of homeownership, career, family formation and other traditional indicators of material security and success. Thaddeus argued that we're all richer than we know because we enjoy air conditioning, information technology and widespread access to, if not ownership of, cars."

The r/buttcoin folks say that Bitcoin is a pyramid scheme, that mining Bitcoin is profligate in its energy usage, that it's terribly centralized considering the goals of decentralized finance #defi, and that it's not useful as a payment method.

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