Proof of Plant: A New Vision for Crypto, Pt 1
I want to change the language of crypto from mining to growing. I do not mean this in a metaphorical sense. I mean a proof-of-plant method for literal…
Tag: ET Intro
In Praise of Bitcoin
What made Bitcoin special is nearly lost, and what remains is a false and constructed narrative that exists in service to Wall Street and Washington r…
Hunger Games
You have been told that the odds are ever in your favor. You have been told this for your entire life.
More and more, you suspect this is a lie.
Ove…
AMA? BITFD!
The American Medical Association is not a charitable organization.
The American Medical Association is not an educational organization.
The American…
First the People
This is not a chronicle of errors and mistakes made during COVID-19.
This is the story about the inevitable, simultaneous failure of each of the ins…
The Long Now, Pt. 4 – Snip!
The Long Now has severed the tether between taxation and spending - the most important macroeconomic policy relationship in our social lives as both i…
The Long Now, Pt. 3 – Wink
I believe that we are on the cusp of the Long Now becoming irreversible. Or at least irreversible without a cataclysmic Fall.
Why? Because they have …
The Long Now, Pt. 2 – Make, Protect, Teach
It's time to start a fire. To burn, yes, but also to illuminate.
My advice? Abandon the political party as your vehicle for political participation. …
The Long Now, Pt. 1 – Tick-Tock
The Long Now is everything we pull into the present from our future selves and our children.
We are told that the economic stimulus and the political…
Things Fall Apart (Part 4)
Take back your vote.
Take back your distance.
Take back your data.
How to make our way as citizens in a fallen world, with Clear Eyes and Full Hearts…
Things Fall Apart (Part 3)
The Fed, China and Italy are the Three Horsemen of the Investment Semi-Apocalypse. They're major market risks, but you'll survive.
There's a Fourth …
Things Fall Apart (Part 2)
Part 2 of a three-part series on what it means to have a polarized electorate and a monolithic market. Today’s note: How do things fall apart in a m…
Things Fall Apart (Part 1)
Part 1 of a three-part series on what it means to have a polarized electorate and a monolithic market. Today's note: the Age of Ridiculousness and the…
Too Clever By Half
The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by half…
The Three-Body Problem
What if I told you that the dominant strategies for human investing are, without exception, algorithms and derivatives? I don't mean computer-driven i…
Virtue Signaling, or … Why Clinton is in Trouble
Don’t get me wrong. I’m thoroughly despondent about the calcification, mendacity, and venal corruption that I think four years of Clinton™ will …
Magical Thinking
The problem with magical thinking run amok and its perpetuation of a fantasy world is that sooner or later the dream of the delusional king becomes a …
The Narrative Machine
"So, in the interests of survival, they trained themselves to be agreeing machines instead of thinking machines. All their minds had to do was to disc…
Hobson’s Choice
I'd like an omelet, plain, and a chicken salad sandwich on wheat toast, no mayonnaise, no butter, no lettuce, and a cup of coffee. Now all you have to…
When the Story Breaks
The Three Types of Fear: The Gross-out: the sight of a severed head tumbling down a flight of stairs. It’s when the lights go out…