September 1 marks the 20th anniversary of the release of Mike Judge’s cult classic Idiocracy, a time-travel comedy in which a dimwitted and lazy Army librarian named Joe Bauers wakes up 500 years in the future to find himself the smartest man alive in a world gone horribly wrong. As a voiceover intones at the start of the move, smart people increasingly put off having kids, resulting in a precipitous, uninterrupted, and compounded “dumbing down” of the population. Combined with an emphasis on physical comfort—everyone wears some version of athleisure and then-unknown Crocs for footwear—”the intelligent” became “an endangered species.”…

In brief Bitcoin trades at $80,526, up 1.9% on the day, after getting rejected near $81,265 earlier this week. The Fed’s Jackson Hole symposium opened today under the theme “Financial Innovation: Implications for Payments and Policy,” with new Chair Kevin Warsh’s keynote due Friday. The charts are signaling overbought conditions for BTC, even as the broader trend score seems bullish. Bitcoin is knocking on the door of its next major resistance wall right as the world’s most-watched central banking conference gets underway with an agenda that, for once, is actually about crypto’s own back yard.BTC is changing hands at $80,526,…

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