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Degens Deteriorating
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A Sydney city council removed free weights from the Bondi Beach public gym due to fears that the out-door gym was a β€œbro area full of testosterone”

This story perfectly captures the state of Australian society today

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🀬6😐3πŸ’―1
The U.S. stock market is up 17% this year, hitting new all-time highs.

Still down 34% when priced in Bitcoin.

Everything goes to zero, priced in Bitcoin!

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πŸ”₯4
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TODAY: Anthony Pompliano says, β€œThe US government at some point will announce they’re buying Bitcoin.”

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘€1
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Low-altitude Ukrainian drone interception by Russia’s Pantsir air defense system over Crimea

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πŸ‘1😐1
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The Alkmaar Cheese Market in the Netherlands is a major tourist attraction, showcasing the handling, weighing, and selling of cheese in a traditional way.

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πŸ”₯5πŸ₯°1
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The Lion Monument is a rock relief in Lucerne, Switzerland, designed by Bertel Thorvaldsen and hewn in 1820–21 by Lukas Ahorn.

It commemorates the Swiss Guards who were killed in 1792 during the French Revolution.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
But actually no

People cannot comprehend counterfactual pain

People are horrible at imagining counterfactuals β€” imagining what they’re missing out on in an alternate reality where they did something differently

99% cannot feel pain from their losses vs an alternate reality where they’d done something differently, i.e. what’s loosely refered to as β€œregret” in AI

i.e.

(A) counterfactual regret / absence of achievable gains / absence of gains versus what was an easy-achievable alternate reality = ~0% of people feel pain, VIRTUALLY NO ONE FEELS PAIN,

versus,

(A) punishment / losses in this reality = ~95% feel pain, EVERYONE FEELS PAIN

Examples:

+ Counterfactual pain β€” missing out on the 750x on $PNUT, that was announced here repeatedly. How many feel real pain from missing out on the $750k they’d have, had they put in $1k β€” NO ONE AT ALL, ZERO

+ Punishment pain / realized losses pain β€” how many would be mad over losing a $50 bill from your wallet β€” EVERYONE

But virtually no one seems to recognize this extreme distinction

Everyone likes to laugh about the 95% of sub-90 IQs who cannot grasp the β€œHow would you feel if you did not have breakfast this morning?” question

Reality?

99% of EVERYONE has zero grasp on counterfactual pain either, answering similarly absurd nonsense to β€œbut I did have breakfast this morning”, when asked about missing massive wins that were thrown in their face repeatedly

~Zero are able to comprehend even the most extreme counterfactual pain

If you don’t understand why this is incredible, you’re probably in the 99% who just doesn’t get it

(People can see someone else who has something they want and get jealous, but that’s something far more primitive)

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ”₯3πŸ’―3
The Breakfast Question - How would you feel if you did not have breakfast this morning?

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🀯2😁1πŸ’―1
THE BITCOIN DOMINANCE IS MIRRORING THE 2021 CRASH

HUGE ALTCOIN RALLY IS COMING!

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ”₯2πŸ™1
Mexico City (CDMX) held its third protest against gentrification

Full of people who also hate American expats living in the city

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πŸ”₯2πŸ‘€1