There's no place in the rent-seeking apparatus for young men, which is why they'll inevitably become people who add value.
Bad times make for strong men, indeed.
jimmysong
jimmysong@programmingbitcoin.com
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Fiat Ruins Everything: https://fiatruinseverything.com
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ETFs Bitcoinize the stock market, but it also financializes Bitcoiners.


Research and ideas used to require a lot more effort. But with the internet, search engines and now AI, these have gotten ridiculously easy to generate.
The difference now is execution, which requires prudence, courage and temperance. Virtue, now, is more important than ever.
Most fiat institutions will die with a whimper. The one that ends with a bang is the one funding everything.
Nihilism is hopelessness and cowardice.
For free subscribers: No Room for Young White Men, Expanding DEI Liberal Order, Rejecting Status, Lack of Evangelical Elite, Peer Review, Core v Knots 7 and more!
For paid subscribers: Hash Signature Options, BIP54 Fixes, Channel Rebalancing, Merchant Adoption, Beautiful Design and more!
#Bitcoin Tech Talk #480


Bitcoin Tech Talk #480
Interesting Stuff
For free subscribers: No Room for Young White Men, Expanding DEI Liberal Order, Rejecting Status, Lack of Evangelical Elite, Peer Review, Core v Knots 7 and more!
For paid subscribers: Hash Signature Options, BIP54 Fixes, Channel Rebalancing, Merchant Adoption, Beautiful Design and more!
#Bitcoin Tech Talk #480


Bitcoin Tech Talk #480
Interesting Stuff
Culture is downstream of elite behavior. And elite behavior is downstream of incentives. And incentives are downstream of money.
It always comes back to the money.
The truly evil things are always going to be hidden. It's a sign of humanity and conscience for organizations to not just be committed to showing the truth, but even documenting and recording events and not just destroying them.
For a large part of high school and college, my dream was to become a math professor. I loved math, particularly discrete math, like combinatorics, probability and graph theory. There's something about solving, or even understanding a problem that you noodle over for days, usually at the end of many hours of frustration. There's something about developing intuition for certain concepts, seeing patterns that was really attractive.
But I didn't go. I've told myself in the past that it was because I didn't want to and that the life of a professor seemed too grueling and lonely, but if I'm honest, it's because my grades weren't good enough. I goofed off too much in college and coasted through a too many classes.
But looking back, it was a blessing to not have that option. Academia in general and grad school in particular suck. It's a difficult life of moving to where the jobs are, of debasing yourself to fit the mold of the powers that be, full of egos, red tape and politics. And the type of people that graduate PhD programs come out a particular way. You can see it in their eyes. It's like they've lost a bit of their soul.
Academia, like most fiat institutions has that effect on people. It's driven by a zero-sum game of status, where demand remains high despite the economic prospects getting worse and worse.
I bring this up because apparently, the Brown shooter was a grad student. And like many grad students, the system broke him. It's a reminder that as much as it would be nice to have a chance at high status professions like the ones offered in grad school, there's a lot of risk as well, particularly to your soul.
Back in 2019, I got to teach a graduate class at the University of Texas on Bitcoin. I hold no graduate degrees, so the only reason I got to do this was because a couple of the professors there recognized that I was an expert. Sometimes the road less traveled still takes you to where you wanted to go.
At some point, we're going to see a lot more luxury brands market to us here.
I would honestly be a bit more inclined to listen than the cheap slop they sell on FB or X or YouTube.
Peer review is a scam.


There are always unintended consequences of new tech.


If you haven't gone down the parasite rabbit hole... Let's just say it explains way too many things, particularly the morality around food and sexual mores of past societies.
I like that Trump is considering pardoning the Samourai devs, but we're trending to be dependent on centralization to solve problems.
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#Bitcoin Tech Talk #479


Bitcoin Tech Talk #479
Interesting Stuff
Solving a small problem for a lot of people is generally going to be more impactful than solving a big problem for a few people.
The former is usually the better fit for decentralized systems, anyway.
A government that doesn't punish violations of Natural Law is not a legitimate government.
Bitcoin Fixes This #134: Charity and Legacy with Johann Kurtz
https://rumble.com/v72ttx8-bitcoin-fixes-this-134-charity-and-legacy-with-johann-kurtz.html
We talked about his book Leaving a Legacy.
Once you have Bitcoin, you can start thinking about accomplishing things that can't be done with just money.