Just caught up on where Kwasi Kwarteng is now, and honestly, it's quite the pivot. The guy was UK Chancellor for what, 49 days? September 2022 disaster that everyone remembers. Mini-budget chaos, gilt yields going wild, exposed the whole LDI pension mess. He's been pretty open about how rushed the whole thing was - literally two weeks after taking office, then the Queen passed away, and everything spiraled.

But here's what's interesting. Instead of fading away, he's actually been thinking deeply about the systemic issues that caused that collapse. In recent interviews, he's been pretty candid about how the UK's stuck in this fiscal doom loop where you're spending more than you can raise in taxes, and that kills economic incentives. He's critical of the short-termism everywhere - quarterly obsession, constant swings between euphoria and panic. Says you need to take a longer view.

That longer view is now focused on bitcoin and monetary history. He's executive chairman at Stack BTC now, a UK-based bitcoin treasury firm that's been getting serious political attention. The company's holding 31 BTC on its balance sheet, and Nigel Farage has taken a 6% stake, which obviously raised eyebrows. While he was in Treasury, bitcoin was still seen as fringe - incredibly small in terms of official attention. But he's pointing out how Paris is getting forward-leaning on digital assets while the UK's dragging its feet.

There's also this whole thing about Boris Johnson calling Bitcoin a Ponzi, and Kwarteng's basically saying that's a narrow view. He's arguing for a more open-minded approach to emerging forms of money, which makes sense given his experience with failed monetary policy.

So where is Kwasi Kwarteng now? He's basically betting that long-term thinking about alternative monetary systems beats reactive policymaking. Whether that's vindication or just moving on to the next thing, hard to say. But it's definitely a more interesting story than just disappearing after a political failure.