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Lyn Alden
lyn@primal.net
npub1a2cw...w83a
Founder of Lyn Alden Investment Strategy. Partner at Ego Death Capital. Finance/Engineering blended background.
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LynAlden 5 months ago
It's actually been a while since I wrote a long article. My public newsletters and premium reports are typically in the 3k-6k word range. I've got a 7k+ finished piece coming out this weekend. Haven't done one of those in a while. I've got another 8k+ piece written in the pipeline that I'm still tweaking. Trying to avoid some of the insane 12k-20k type of pieces I wrote in 2020 during the money-printing mayhem (although at least those later became the basis of Broken Money). image
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LynAlden 6 months ago
Imagine you have a crazy ex, but it's worse because that ex is a vampire and goes around killing everyone you date going forward. Anyway, I have a new book review. I read best-selling author VE Schwab’s latest novel “Bury My Bones in the Midnight Soil”. It’s about vampires, and the story stretches over 500 years. A friend recommended that I read Schwab, and when I went to my local bookstore, this brand new one from her was displayed front and center, so I picked it up. The genre is gothic horror romance, basically. With an elevated/literary element to it. The vampire themes are presented on two levels: -The first is the straightforward level; there are actual vampires. So there’s a plot, action, all sorts of stuff involving some superpowered murderers. One cool detail I liked is that (as undead beings) the vampires hearts don’t beat, but when they drink someone’s blood, their heart beats for a minute and circulates that new blood around. They crave blood to satisfy hunger, but also to feel a heartbeat again, albeit briefly. Nice touch. -The second level is that the vampires are an allegory for empowerment. Since the book takes place over five centuries, it includes several time periods where women were without much power or rights. And if you were a lesbian (as the author is, and some characters are), well you were pretty much out out of luck. Becoming an immortal vampire with super strength/speed offers the option of breaking free from society’s norms. I only have so much time to read novels, with sci fi and epic fantasy being my favorite genres, so literary urban fantasy about toxic lesbian vampires was a bit outside of my normal scope. It’s good to broaden one’s horizons, they say. Overall, I found Schwab’s writing quality to be great. Solid prose, a shocking inciting incident that caught me off guard, a fresh angle on a villain, clear settings and actions never left me confused or distracted, etc. The story itself was hit or miss for me, though. At 500+ pages, I found it a bit slow. Out of the three point-of-view characters, I could connect well with one of them, but not really the other two. I liked several of the supporting characters, especially a couple of the men were my favorite characters actually, which I think is a testament to Schwab’s writing quality. I’d definitely read more of Schwab’s novels in the future since I enjoyed her writing style, even though this particular plot didn’t exactly resonate with me. 7.5/10
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LynAlden 6 months ago
Just finished reading a book, then went online and saw that the U.S. bombed Iran’s major nuclear sites.
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LynAlden 6 months ago
Fresh out of the peak 1990s, Millennials and Zoomers navigating life like: image
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LynAlden 6 months ago
Humans figured out how to harness hydrocarbons, electricity, and telecommunications in the1800s, leading to an unprecedented growth in technology and population by the time all of that got some momentum in the 1900s. And then economists were like “wow, look how beneficial fiat currency was for humanity.”
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LynAlden 6 months ago
Hey, remember that time Elon Musk said that President Trump hasn’t released the Epstein files because Trump is in them, and then deleted the tweet? image
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LynAlden 6 months ago
Apparently JD Vance made a Blue Sky account and got banned/suspended within like 20 minutes.
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LynAlden 6 months ago
That moment you realize you're the same age as Jet Black is supposed to be in Cowboy Bebop, which you watched *check notes* 23 years ago. image
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LynAlden 6 months ago
Imagine, if you will, a story about two empires so vast and powerful that they have control over nanites, genes, planetary-busting bombs, and the very ability to time travel itself, while locked in a timeless war with each other. And now imagine a story of that insane scope is written as a short novella. Anyway, here's a mostly spoiler-free review of "This Is How You Lose the Time War" which I just finished reading. It's a multi-award-winning short book, and very commercially popular, yet only has a 3.86 out of 5 review on Goodreads because it is polarizing. Back-cover type of summary: A time-traveling agent named Red works for the post-singularity technotopia called the Agency, and another time-traveling agent Blue works for a vast organic consciousness called the Garden. The two agents are post-human, with powers almost beyond comprehension. They engage in a time-traveling battle of wits over centuries, but eventually Blue leaves Red a letter that says "Burn before reading" which Red reads, and thus begins a chain of letters that they write to each other while warring. After so long and complex of a war, they each find their opponent more fascinating than anything else. I do like the premise a lot. For those that have played Magic the Gathering, it's like if one side casts a fireball, and the other side casts a counterspell, but then the first side casts a counterspell on that counterspell, and the other side counters that counter that countered their fireball. Two empires so vast and powerful that they're battling across a multiverse of timelines, constantly undoing what the other has done. One side kills a key figure of history. The other side kills the would-be assassin of that figure. The first side goes back further and attacks somewhere else, and so on. Determining the outcomes of wars, rewriting history, dancing across multiple different "threads" of time, while trying to keep Chaos from spiraling out of control. As a random example, in some time-threads Romeo and Juliet is the tragedy that we know it. In other threads, Romeo and Juliet was written as a comedy, with a light-hearted outcome. Who knows what tiny differences in Shakespeare's life would have led him to write one or the other. Since the book was polarizing, my assumption going in was that I would not like it. This is basically a story about a time war written by poets, and thus my engineer brain is likely to kind of check out. And indeed, I actively did not like the first half. I found myself reading out self-enforced obligation to get through it, sometimes skimming over whole paragraphs. The prose is pretentious, though arguably on purpose because the two agents are effectively demigods, playing six-dimensional chess with each other while also being absolute murder-machines when needed, so there is a sort of eloquent battle of wits that they engage in with their letters. Additionally, despite Red and Blue being so different, and literally written by different people (the book was co-authored), I surprisingly found them to be too similar to each other. Although again I suppose that's kind of the point. Two sides involved in a war so complex and long, how could you not turn out similarly to each other? That's not really a spoiler; from the start there's an obvious "we looked at the enemy and saw that it was like us" vibe. Lastly, given the shortness of the book, obviously the reader is not really going to know the details of this world. It's inherently hard to empathize with characters that you barely understand even from a physical standpoint, given how absurdly advanced and post-human they are. And since there are multiple timelines that these agents go through, reading most of it made it unclear how death works, or what the consequences of death are in this multiverse. The obvious point from the start is that in this grand war, we would be focused on just two characters, and yet not knowing certain rules of the overly-complex world can potentially affect how well we can attach to those characters. But then... the second half did get me more engaged and curious. I had to see the punchline, had to see how it would end, and indeed I cared for the outcome of the characters. So, they got me. I'd give the book an 8/10. There's a creative and experimental aspect to it, nontraditional high-brow literature sort of stuff. Too poetic for my taste; not concrete enough. But I wouldn't necessarily change anything, either. It's very interesting, despite not quite being for me. image
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LynAlden 6 months ago
Japanese asset price deflation is a thing of the past now. That whole private sector deleveraging period is done. image
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LynAlden 6 months ago
Well, I’m going on live Indian financial news in 40 minutes. Scheduled this a few days ago. Now it’ll be during the opening volley of a war which I’ll be asked about. 🤷‍♀️
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LynAlden 6 months ago
Today I traded in my old Hyundai for $500 and drove away with a Toyota with a working air condition feeling like: image
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LynAlden 6 months ago
Am I the only one in the world that doesn’t love the movie Akira? With its violence and gore and dark psychological aspects, it helped pave the way for mainstream adult animation. And it had amazing visuals for the time, with iconic aspects that were replicated elsewhere. So like, it’s objectively important in the history of the medium. No doubt about that. But in terms of watching it, I don’t find it subjectively engaging, nor do I find myself recommending it like “you gotta watch Akira”. image
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LynAlden 6 months ago
I know it’s popular to be all-in on moral panic these days, but I think Bitcoin is in a good technical place right now. I’m bullish. I think Core devs are doing good work. And I’m glad that people can run Knots or otherwise fork if they don’t like Core. That’s part of what makes Bitcoin robust, and gives useful market/adoption signals. Mining pool centralization isn’t great, but there are plenty of optional tools to use more if it interferes more with the network, and economic signals (eg the possibility of high fees for censored transactions) exist for precisely that context, to help it get unstuck if it gets stuck. I think current functionality is great, but I also think CTV+CSFS is a sensible upgrade on top of that if folks end up coalescing around it. Sometimes the sun is out. ☀️ image
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LynAlden 6 months ago
The past couple decades of macro debates, summarized. image
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LynAlden 6 months ago
Currently checking out my copy of The Bushido of Bitcoin by @Svetski. I got to see it in draft form, but it’s nice to see it out in print. A treatise on virtue, basically. The forward by Ross Stevens is absolute fire; that part wasn’t available when I checked out an earlier version. image