Hobbes’s Self-Defeating Theory

Korean Bubble Mania: Retail Investors Max Out On Margin Debt, Choose To "Risk Complete Collapse" Than Miss Stock Rally For many years, Koreans were bitcoin's best friend. After bitcoin emerged about a decade ago as the asset class with the most pronounced momentum - both to the upside and the downside - Korea's daytrading army, famous for being totally unable to do any fundamental valuation analysis but legendary for its wilnningness to piggyback on any momentum with suicidal leverage, became enamored with bitcoin and the result were face-ripping meltups and heartstopping...

Crypto And AI Could Be Dirty Words On 2026 Midterm Campaign Trail Authored by Aaron Wood via CoinTelegraph.com, The AI and crypto industries have made headlines over the past year thanks to the impressive war chests amassed by corporate political action committees (PACs). Profligate spending during the last federal elections in the US has led to unprecedented policy changes favoring the crypto industry, with indications that a full legislative framework in the form of the CLARITY Act is on its way to becoming law.  But this hasn’t endeared the crypto industry to voters....

US Adult Cigarette Smoking Rate Hits Another All-Time Low Via Headline USA, The cigarette smoking rate among U.S. adults dropped to another all-time low last year, with 1 in 11 adults saying they were current smokers, according to government survey data released this week. Cigarette smoking is a risk factor for lung cancer, heart disease and stroke, and it’s long been considered the leading cause of preventable death. The preliminary findings from the Centers for Disease Control and Prevention were based on survey responses from more than 24,200 adults. In the survey, CDC officials defined current...