Paul Vigna
@paulvigna
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Author of The Almightier, Age of Cryptocurrency, Truth Machine. Email: [email protected] (Also, they gave me back the blue checkmark; not paying for it.)
The Garden State
Joined March 2009
Pub Day! My new book The Almightier is out today. Already the top new release in Amazon’s money section, it’s a history of money you haven’t heard before: how money came from religion, eventually broke free from religion and how money became its own morality. And how maybe we
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He’s reevaluating his ability to make money off it.
BlackRock CEO Larry Fink has reevaluated some of his earlier, critical statements about cryptocurrencies. "My thought process has evolved," he told @andrewrsorkin at the DealBook Summit. That's a pivot many people on Wall Street are making these days, embracing a technology they
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What do Gen X'ers and ancient Mesopotamians have in common? Compound interest https://t.co/wyqUfusrq8
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or whatever you want. The label doesn’t matter. What matters are people, and their welfare. We can take care of each other without turning everything over to the billionaires. We don’t need them anymore. /end https://t.co/qxLV0AThFC
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But we need to start seeing the trap more clearly, explaining it, and proposing alternatives. We can have a world where everybody’s needs are taken care of, and where people are rewarded for their hard work and ingenuity. Call that capitalism, or socialism /4
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But there hasn’t been any concurrent intellectual revolution to match it. That’s the trap. People like Zohran Mamdani are instinctively poking at that trap, and people are instinctively responding. That’s why he’s running away with the election. /4
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was good, and that the wealthy should be welcomed and adulated. We are now trapped in that mindset, even though it doesn’t work for us anymore. The technological revolution of the last two centuries has changed our circumstances. /3
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That’s noble, of course. The question is why don’t we do it? What is it about capitalism that keeps us from pursuing that goal? It’s an archaic, outdated veneration of wealth that dates back to a small group of Florentines in the 15th century, who radically argued that greed /2
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THREAD. @ZohranKMamdani went on The View and quoted Martin Luther King to help explain his political philosophy: “Call it democracy or call it democratic socialism but there must be a better distribution of wealth within this country.” /1
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How did we get from "greed is the root of all evil" to "greed is good"? Sat down with @Ritholtz to talk about the gentrification of greed on the At The Money podcast. This was a fun one. https://t.co/HusIArBRWO
ritholtz.com
At The Money: How Greed Became a Virtue. (September 24, 2025) It’s a driving factor in our lives. But how often have you thought about those little green pieces of paper in your wallet? Is money...
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Sound familiar? It ought to. The people criticizing Zohran Mamdani are aping arguments that are 600 years old and have barely changed. The problem with that is those ideas don't fit the world we live in today: https://t.co/ASdCI0OUbv
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This is what they were saying 6 centuries ago: “It seems to be preferable to have many avaricious men whom we can depend upon in times of difficulty, like a stronghold or a citadel.” -Poggio Bracciolini, ~1420s
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This is what the billionaire apologists are saying, now: “While amassing their fortunes, billionaires make the rest of us richer, not poorer.” -Michael Strain, 2025 “Everyone hates a rich guy until they need one to survive.” -Christian Schneider, 2025
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The thing about Jesus’s “turn the other cheek” dictum is that it’s not passive, it’s defiant. Jesus isn’t advising, he’s challenging.
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In that world, OJ Simpson never becomes famous. Which means he never has a famous trial. And his defense team doesn't become famous. Which means Robert Kardashian doesn't become famous. Which means the Kardashians don't become famous. Which is why Keith's never heard of them.
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Anybody know where I can score some Pymm particles? I need to go back in time and stop a disaster from happening. #NYGiants
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