90k households reportedly left SF this year, out of about 360k total.

Voting with their feet against poop, needles, car break-ins, fires, power outages, housing shortages, dysfunctional schools, physical assaults, exorbitant costs, and all the rest.
Point being: the exodus is real, as are the problems. Don’t let anyone tell you they’re not.

The silver lining is: SF will never get its monopoly back. Neither will Silicon Valley writ large.

Tech was overconcentrated, and decentralization was overdue.
Note: I thought the numbers were huge, which is why I included cites. It’s possible the 2 definitions of households don’t exactly match, or that in-migration has partially offset loss. More analysis welcome.

Source 1: publiccommentsf.com/post/u-s-posta…

Source 2: census.gov/quickfacts/san…
An important question is how many of the ~90,000 USPS-reported out-of-city changes in addresses during the pandemic are permanent vs temporary (during the pandemic).

We’ll have to wait and see. It may take a while for the vaccine to get deployed. publiccommentsf.com/post/u-s-posta…

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More from @balajis

24 Dec
Let’s be clear: these data dredging requests by Treasury will result in violent attacks on crypto users.

Why? Because Treasury got hacked and can’t secure their data. Lists of home addresses of crypto users will keep leaking, as they did with Ledger. And criminals will use them.
This is not a theoretical worry. @lopp has compiled a repository with many published physical attacks on Bitcoin users. github.com/jlopp/physical…
The hack of Treasury is not a theoretical worry either. It follows massive hacks of OPM, the State of Texas, and many other government organizations.

And these are just the reported attacks! politico.com/news/2020/12/2…
Read 5 tweets
24 Dec
Migration > election
N-city system > two-party system
Exit > voice
Remote > commute
Rest of world > SF Bay Area
Decentralized > centralized
You don’t need to form a local political party to win elections in one city.

You need to form a global social network that can win over elected officials in N cities.
It’s not just about the sovereign individual, it’s about the sovereign collective.

The future is global, mobile social networks capable of collective bargaining with giant corporations and states alike.

A check on the power of both concentrated capital and political capitols.
Read 7 tweets
17 Dec
How to architect a crypto app

Start by sketching out the frontend and backend as normal. Then replace a few key backend calls with reads and writes to a decentralized database, namely a blockchain. balajis.com/yes-you-may-ne…
In other words, you don't need to throw out everything you know about web or mobile development. And you can often still use a standard DB as the data store for much/most of your app.

But for certain key functions, like sending/receiving funds, that's an on-chain operation.
Anyone who's built anything over the last decade is familiar with the concept of using multiple databases. At a minimum, you have your main Postgres plus a data warehouse or the like for analytics.

Now think of a blockchain as another DB to interact with.
docs.djangoproject.com/en/3.1/topics/…
Read 6 tweets
16 Dec
COVID accelerated remote. The alternatives have arrived. And the bubble has burst.
What keeps you in San Francisco? In the remote era, nothing at all.
Read 7 tweets
16 Dec
All wealth becomes digital.

That's the consequence of software eating the world. Everything becomes analogous to a PDF, a set of digital instructions that you can get a printer (or a robot) to print out in the real world.
Amazon Prime, drop shipping, food delivery, ride-sharing...all of them involve a digital frontend and a human backend.

But over time more pieces are getting automated. Robot manufacturing, autonomous trucks, drone delivery, self-driving cars. So the backend goes digital too.
AI (in general) and virtual influencers (specifically) are obvious examples of this trend, where the manual backend is no longer as necessary. As is crypto, where much of the labor in the financial system is being automated with smart contracts and digital signatures.
Read 6 tweets
16 Dec
He could offer discount Airbnbs in other cities for people who want to escape San Francisco’s worst-in-the-nation governance.
SF waged a multi-year war against Airbnb, told tech to get out in no uncertain terms, and just condemned Zuck for donating $75M to a hospital.

The city doesn’t need more money. It needs far less poop, far more housing, and far better politicians.
Btw, as noted before, @hknightsf is by far the best journalist in SF. So don’t take this as a criticism of her body of work.

She’s the only one who documents the dysfunctionality of city government and the brutality of city streets.

I’m short SF but would back her Substack.
Read 4 tweets

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