August

The most consequential political decision you make is where you put your money

Last Notes

2026-02-02 13:46:26 UTC

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500 florins in 1481 equivalent to $80,000? More like four times that. People lived off a two dozen florins a year.

2026-01-29 20:15:58 UTC

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Why not both?
https://blossom.primal.net/99df65b6e6e86386c6657d84b5a2924aa23c010ad265b9029d189d14dfb03710.png

2026-01-01 20:04:44 UTC

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The money is broken. The few who have a surplus of it take refuge in assets. The many who don't have to trade more and more of their time for less and less. Unfortunately both are banal economic rationality and necessity respectively. Unfortunately, that makes it a tragedy that requires no bad actors. Fortunately, that makes it one we can solve together.

2025-11-30 11:32:58 UTC

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That's a Dan Millman quote, although you're right that the gas station attendant that said it was called Socrates!

2025-11-09 11:32:03 UTC

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And on top of this trade-off, logic and cold hard analysis are just by themselves expensive in time and energy. It's almost a last resort if other heuristics don't point sufficiently to a conclusion. We need to actively remind ourselves to think and analyze before acting if we don't want to default to the shortcut (which to be fair we more than often probably do want to!)

2025-09-21 18:45:38 UTC

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I would add '—in aggregate'. Leibniz (who came up with this 'best of all possible worlds' argument) conceded as much. Perfection in the whole may require imperfection, but those parts are in themselves still imperfect (the problem of evil isn't solved by denying its existence).

2025-09-21 17:21:06 UTC

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Nothing quite like a little competition from ones friends

2025-06-13 10:39:29 UTC

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One could argue the inverse. Truly living is to acknowledge and engage with the harshness and splendour of reality as best as we can perceive it. But perhaps that is itself a romanticisation of reality.
Idealisation all the way down.

2025-06-10 12:49:18 UTC

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Nutjobs speak freely on Nostr, and everyone can decide for themselves if they want to hear it. Great!

2025-06-10 08:16:55 UTC

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Antifragility on display. All news is good news.
Bitcoin has a monopoly on global societal resilience.
#nevent1q…l2q9

2025-05-31 22:05:06 UTC

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'bout tree fiddy

2025-05-29 13:20:12 UTC

stablecoins are as unstable as the fiat they are pegged to

2025-05-26 23:22:14 UTC

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That's how anything that is powerful works. It eventually becomes popular among people you dislike. That's not a bad thing.

2025-02-13 13:48:49 UTC

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"And you will cheer it, because that's the whole point."
I can support a technology without endorsing all its uses. Permissionless money can liberate people, but that doesn’t mean I must cheer its role in their oppression.