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Posts by JP Koning

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My Quest to Solve Bitcoin’s Great Mystery

The mystery of Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, has remained unsolved for 17 years. Read my 18-month investigation to find out who Satoshi really is.
www.nytimes.com/2026/04/08/b...

1 week ago 154 43 24 25
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Huge shift in American views of Israel

2022: 55% view Israel favorably, 42% unfavorably
2026: 37% view Israel favorably, 60% unfavorable

Generational divide hits both parties: 57% of *Republicans under 50* are negative on Israel

via Pew Research Center poll: www.pewresearch.org/wp-content/u...

1 week ago 1040 351 79 129

Vance's endorsement of Orban is an endorsement of Putin. It's not just that Trump's America is no longer our ally, it is rapidly becoming our enemy

2 weeks ago 287 98 11 4
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Bitcoin has fallen more than 3% today, to below $69,000.

Bloomberg tells us crypto's broader selloff since the start of the war calls into question crypto's "ability to act as a safe haven amid times of crisis."

Did we really need more confirmation of that?

www.bloomberg.com/news/article...

4 weeks ago 17 2 2 0
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Outgoing Atlanta Fed President Raphael Bostic signals greater concern about Fed independence than the more anodyne statements typically offered by his colleagues when the subject comes up

He says there's an ongoing threat and the outcome is genuinely uncertain www.atlantafed.org/news-and-eve...

1 month ago 57 20 1 4

In a normal world, "US treasury secretary endorses American annexation of Canadian territory" should be front page news

2 months ago 2168 434 25 22

Meanwhile, in Canada …

3 months ago 35 11 2 0

Something every 2026/28 Dem should commit to is investigations of any company that did deals with Trump. A kind of forward guidance to get companies to think twice in advance of what’s coming.

4 months ago 2877 663 15 30
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5 months ago 38 12 2 1

Money given to influence the conduct of a person in a position of trust you say?

5 months ago 35 8 3 0

The same people who repeatedly insisted that tariffs won't raise prices.

5 months ago 48 19 3 0

I’m not exaggerating when I say the US government is acting like an abusive ex towards Canada.

Switching between “you suck, I don’t need you” and “you would be nothing without me, don’t you dare talk to anyone else”.

5 months ago 157 27 4 1

Hey, he’s only the president, how is he supposed to know who he is pardoning

5 months ago 1749 351 98 18
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CHART: President Trump's memecoin is doing poorly Donald Trump's memecoin, $TRUMP, has performed very poorly since launch, falling approximately 86% from its peak.

CHART: President Trump’s memecoin is doing poorly protos.com/chart-presid...

6 months ago 26 13 5 10
FT graph showing massive UK public support for the opinion that it was wrong to vote to leave the EU.

FT graph showing massive UK public support for the opinion that it was wrong to vote to leave the EU.

Ah! Good morning, reality. And welcome. We’ve been expecting you…

6 months ago 10610 2781 602 263
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6 months ago 1166 442 36 19

The penny was the main unit of currency for around 500 years, until the recoinage of Edward I with the introduction of the groat.
Later a half groat, along with several gold denominations, was introduced by Edward III

Groat, halfgroat, penny, halfpenny and farthing of Eddy III

6 months ago 28 7 1 0
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Lifeline for Millions of Americans Becomes Hot Potato for Banks The US government has begun phasing out paper checks for unbanked Americans who receive federal benefits, adding to the ranks of millions who rely on Direct Express prepaid cards. The problem: that pr...

NEW: How do you think the US distributes social security benefits to people without bank accounts? If you answered “badly,” you’re correct. Yizhu Wang & I took a look at the latest fumbles in Treasury’s efforts to improve the program, & what’s likely to happen next www.bloomberg.com/news/article...

6 months ago 33 11 2 3

Really interesting take on why Montreal is so unique in terms of human-scale urbanism. Consider this when voting in a month?

6 months ago 29 3 0 0
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So google maps updated some satellite footage, here’s one single Ukrainian village. One out of thousands

7 months ago 773 351 14 18

This is an excellent & worrying interview w/ @petercontibrown.bsky.social. Fed independence is gone the day that Lisa Cook's 'firing' is un-stayed by a court; and once it is gone, it will not be coming back anytime soon, likely not before some inflation disaster hits. Everyone loses. Great job, USA.

7 months ago 10 4 0 0
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Who will be in charge of interest rates? Fed independence is a question of power.

Fed independence is a question of power. As with many institutions today, President Trump is trying to reduce the Fed’s power and increase his own. That dramatic backdrop makes today’s Senate hearing on Stephen Miran for Fed Governor anything but normal. stayathomemacro.substack.com/p/who-will-b...

7 months ago 114 18 1 1
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Company behind Jack Daniel's says Canadian boycott is 'significant' as sales drop 62% | CBC News The parent company of American alcohol producers such as Jack Daniel's whisky and Woodford Reserve bourbon says sales to Canada dropped 62 per cent during the latest fiscal quarter compared to a year ...

Brown‑Forman's "net sales in developed international markets dropped eight per cent" due to "geopolitical uncertainty".

Sales fell 62% in Canada, 16% in the UK, & 10% in Germany. 🍷

#EconSky

www.cbc.ca/news/canada/...

7 months ago 791 137 63 16
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Canada is cursed in having mostly the same vehicle standards as the US, and while some styles (like large SUVs) aren’t as common here yet, I worry that it’s only a matter of time.

Europe should fight this hard — and any other similar concessions.

7 months ago 143 20 10 1

The Fed is not good at talking to citizens. Its communications culture is aimed at markets, which means it knows how to give coded, cautious hints that leave room for negotiation. That means there's little will and no experience with strong, affirmative signals in response to wanton norm-burning.

7 months ago 24 6 0 4
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Tariff inflation effects are just getting started.

(via Apollo)

7 months ago 681 226 25 14

i find this image so fascinating. it is both a literal example of authoritarianism but also a second-hand reproduction of the aesthetics of other authoritarian states. it's like a simulacra of authoritarianism whose purpose is to attempt to make the simulacra real.

7 months ago 22950 6256 790 495

The pressure on the independence of the US Federal Reserve is as bad as some of us had feared. I would love to understand what motivates this optimistic perspective from Raghuram Rajan

7 months ago 17 6 4 1