Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex) header
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Architecture and city planning at https://teapawt.org/t.co/YWEZ7JDrvP. Research at https://teapawt.org/t.co/q2Ti8afyWK. #Bitcoin

New York, New York
Joined December 2011
Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)Photo by Paul Knight 🌞 πŸŒ‘ 🌎 (@PKmemex)
Verifying my account on #nostr My Public Key: npub1l257d6kv5adt9n2d7k20mdwzgfsj9xzm0dkawvtzr5y0xmzzvg8s0x2s5p Find others at nostr.directory @nostrdirectory #nostr
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
I’ve heard the horror stories, Carol.
Don't forget the 22% interest fiasco in the early 80's.
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
Mike Rowe: β€œWe’ve been telling kids for 15 years to learn to code.” β€œWell, AI is coming for the coders.” β€œIt’s not coming for the welders, the plumbers, the steamfitters, the pipefitters, the HVAC, or the electricians.” β€œIn Aspen, I sat and listened to Larry Fink say we need 500,000 electricians in the next couple of yearsβ€”not hyperbole.” β€œThe BlueForge Alliance, who oversees our maritime industrial baseβ€”that’s 15,000 individual companies who are collectively charged with building and delivering nuclear-powered subs to the Navy … calls and says, we’re having a hell of a time finding tradespeople. Can you help?” β€œI said, I don’t know, man … how many do you need? He says, 140,000.” β€œThese are our submarines. Things go hypersonic, a little sideways with China, Taiwan, our aircraft carriers are no longer the point of the spear. They’re vulnerable.” β€œOur submarines matter, and these guys have a pinch point because they can’t find welders and electricians to get them built.” β€œThe automotive industry needs 80,000 collision repair and technicians.” β€œEnergy, I don’t even know what the number is, I hear 300,000, I hear 500,000.” β€œThere is a clear and present freakout going on right now. I’ve heard from six governors in the last six months. I’ve heard from the heads of major companies.” @mikeroweworks
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
The median household income necessary to purchase the median priced home for sale in the US ($123k) is now 56% higher than the current median household income ($79k). This is the most unaffordable housing market in history. Video: youtube.com/watch?v=gBhDKFKS…
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Whenever I send a bitcoin transaction it feels like digital sorcery. Signing with a hardware device renders otherwise abstract mathematics into something tangible, like touching cryptography. I imagine this is what it felt like when we first β€œcaptured” electricity.
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
This CNU Legacy Project proposes a network of trails and expanded sidewalks to better connect a small village, making it more livable. Connecting With Hope is for Hope Village in RI, with Historical Concepts as the lead. cnu.org/publicsquare/2025/06…
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This @StrongTowns @clmarohn article jives with my Theory of Optimal Government Involvement in City Planning. strongtowns.org/journal/2025… Top-down planning is best reserved for the bottom layers of the permanence stack (the things that will outlast us): streets, lots, blocks, etc.
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Bottom-up planning is best reserved for the top (fleeting) layers of the permanence stack: land uses, buildings, programs, architecture. A city isn't a "project", it's a "framework", an infinite game. Government should set the framework then let Individuals take it from there.
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
This is why I never invest in an index fund. I place deeply researched strategic bets on a very few selected companies (right now mostly $TSLA, $GLXY, $MSTR) with the potential to at least 10X in 5 years. Much more volatile of course, but you need volatility to get 10x returns.
πŸ’₯ Michael Saylor on the Hard Truth of Public Markets: Out of all U.S. public companies: β€” Only 15% beat the S&P β€” Just 12% have real liquidity β€” Only 8% have options markets β€” A staggering 96% underperform T-bills β€œAll the wealth comes from just 4% of companies.” Brutal.
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Kagi: the search engine you didn't realize you needed. A review and recommendation: aleph.press/ffac1c cc @KagiHQ
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
U.S. home ownership affordability remains at basically the worst level in history. Prices and rates are both too high. Prices are the real issue, as affordability was at 14yr lows when the Fed began hiking (red arrow = March 2022). The only true solution is a reversion of prices relative to incomes. Boosting wages will just boost prices. Slashing rates will do the same. The release valve must come from SUPPLY.
30-year mortgage rate has soared back to 7.50%, the highest level since January 🚨
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Wild times. On par with internet bubble, housing crisis, and covid.
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The $VIX closed above 50 today which is in the top 1% of historical readings. What has happened in the past following closes above 50? S&P 500 gains over the next 1, 2, 3, 4, 5 years every time with above-average returns overall. $VIX $SPX bilello.blog/newsletter
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
Returns Since Liberation Day: 🟒 BTC: +2.2% πŸ”΄ Gold: -2.9% πŸ”΄ SPY: -10.5% πŸ”΄ QQQ: -11.2% Magnificent Seven: πŸ”΄ MSFT: -5.8% πŸ”΄ GOOGL: -7.3% πŸ”΄ AMZN: -12.8% πŸ”΄ META: -13.6% πŸ”΄ NVDA: -14.6% πŸ”΄ TSLA: -15.3% πŸ”΄ AAPL: -15.9%
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
The median household income necessary to purchase the median priced home for sale in the US ($124k) is now 57% higher than the current median household income ($79k). This is the most unaffordable housing market in history. Video: youtube.com/watch?v=gBhDKFKS…
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
Boomers pulled the ladder up after them.
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
Late stage fiat signs.
DoorDash, $DASH, and Klarna have signed a deal where customers can choose to pay for food deliveries in interest-free installments
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Paul Knight 🌞 πŸŒ‘ 🌎 retweeted
We now simultaneously have some very online people who actually understand software and (def still way more) people who literally know nothing about and never touch computers running the world
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