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7 Mar, 12 tweets, 5 min read
"Banks do not, as too many textbooks still suggest, take deposits"

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More from @_PeterRyan

Peter Ryan Profile picture
7 Mar
He’s right isn’t he?
The world has been locked in a fake meme of competing ideologies while some East Asian economies were like “whatever bro” and just did what works
Ireland won freedom from England but never was free of its ideology.

This prevented them from becoming a real Celtic tiger in the 1930s
Read 4 tweets
Peter Ryan Profile picture
6 Mar
The Irish Free State appointed a commission of bankers in 1926 who rejected a sovereign currency b/c of the "natural division of labor" b/w Ireland + Britain. (1st pic)

Sinn Fein founder, Arthur Griffith, explains how this "natural division" developed (pics 2-4)
"In 1800 England forced the Union upon a flourishing Ireland...Ireland was once more turned back from tillage to grazing land, and one by one all her great industries...were again destroyed or reduced to skeletons of their former greatness." - Arthur Griffith
"made subject to England's economic absolutism. Having thrice within three hundred years destroyed Irish commercial and industrial prosperity by force and fraud." - Arthur Griffith
Read 4 tweets
Peter Ryan Profile picture
29 Dec 20
Proud to release my first essay on Irish (global) econ history and its larger lesson on approaches to econ from international vs. nationalist perspectives.

Dangers of American Finance: Irish Revolutionary Attitudes Toward International Finance...

(1/15)
ryanresearch.co/post/dangers-o… Image
It all starts w/ the Irish Revolution of 1919-1922. The Irish crowdfunded their startup gov't from Irish-Americans, totaling ~$6m (~$87m today).

They enthusiastically toured America publically soliciting support for an illegal war vs. an ally.

(2/15)
bit.ly/3mZf2EC ImageImage
After the Anglo-Irish Treaty ending the Revolution, institutional investors could legally fund the new gov't.

International finance / Wall Street immediately tempted the Irish with an offer of $20m worth of bonds on public markets in the NYtimes.

(3/15)
bit.ly/3mZf2EC Image
Read 16 tweets
Peter Ryan Profile picture
2 Jan 20
"Rebuilding..institutions requires first building new training grounds. These..include think tanks, educational establishments, magazines, & cultural influencers..not [for] reviving the lost center, but developing new ideas"

by @MarkLutter

marklutter.com/post/rebuildin…
@MarkLutter "Key factors...include 1) raising the status of founders, 2) creating a network of mentors and advisors to help simplify the process, and 3) developing consistent funding streams to develop the successful projects." - @MarkLutter marklutter.com/post/rebuildin…
@MarkLutter @nixops exactly the solution for our previous discussion on shifting people out of SF
Read 4 tweets
Peter Ryan Profile picture
6 Feb 19
Jack Dorsey made waves yesterday, as he took #BitcoinTwitter by storm to participate in the grassroots Lightning Network (LN) Torch campaign. Onlookers suggested that Dorsey is now fully “one of us”, but just exactly who is Jack Dorsey?

- @coindesk research
He is the world renown tech entrepreneur who created a social media giant and a widely-used payment service, that has enabled BTC. He’s a darling of Silicon Valley and a successful businessman.

- @coindesk research
He is also the avatar of censorship, especially of those on the right of the politics. Twitter has censored users to such an extent that it was part of his testimony before the U.S. gov't. Square / Cash App followed in banning “controversial” accounts too.

- @coindesk research
Read 7 tweets
Peter Ryan Profile picture
5 Dec 18
(1/44) The cryptocurrency bear market is disappointing but some fundamentals show optimism. The selling pressure might be pushing prices down (& a few up) but holistic understanding is needed in identifying insights

Here's a breakdown of our Q3 report...

bit.ly/2UgEiZT
(2/44) Top analysts: @nic__carter, @Shaughnessy119, @Crypto_Macro, and @DAR_crypto gave their thoughts on Q3 regarding ICOs, stablecoins, ETFs, and the future of crypto

bit.ly/2UgEiZT
(3/44) The entire market lost about 11%, falling from $243 bn to $215 bn. However, when analyzing MoM, we find that the negative growth is diminishing. September saw -7% compared to prior months this year being in the negative double digits.

bit.ly/2UgEiZT
Read 46 tweets

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