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Cake day: June 13th, 2023

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  • It refers to the annexes you see growing out of the back of the house. People used to (and sometimes still do) start with a modest house, and then as time went on and money came in, build out into the yard, adding a new kitchen, toilet, shed, veranda, etc.

    It has since also come to refer to things that get extended and patched up over time without a lot of coherence or forethought, like our tax codes (they just add rules, bonuses, penalties, etc. on top of the baseline instead of doing a thorough tax reform)










  • Think of an NFT as a membership card to a club. You can sell your card to someone else, but there’s nothing stopping the club from changing their system and no longer accepting old cards, not letting someone in despite having a card, or going out of business.

    And you’ve never been able to own movies or video games, unless you made them yourself. NFT’s don’t change that either, you may own a receipt for access to something, but the club analogy still counts.