instructed

A fun one liner is that crypto made progressives more libertarian and libertarians more progressive. Progressives discovered that you can build stateless money. Libertarians discovered that you then need to rebuild something much like a state: identity, reputation, anti-fraud, custody, trust, community, and the like.

On the moral point, go back and look at any recent NYT headline and note how many of the articles involve a moral rather than factual premise as the core point. Free speech is bad, white people are bad, communism was good…this

the computer always gives the same output given the same input code, unlike the fallible human judiciary with its error-prone (or politicized) enforcement of the law.

They’re like seaside towns that weren’t built for a thousand year flood. Michael Solana’s post JUMP is quite good on this topic.

The Internet Increases

When we crowdfund territory in the real world, it’s not necessarily contiguous territory. Because an under-appreciated fact is that the internet allows us to network enclaves. Put another way, a network archipelago need not acquire all its territory in one place at one time.

First, the observation: over the last 20 years, we’ve gone from 30 minute sitcoms to 30 second clips and 30 episode Netflix binges. From a stable 9-5 job to a gig economy task or a crypto windfall. From a standard life script to 30 year olds living with their parents and 20 year old startup

The Market for Revolutionaries Once we see the mapping between financial and political arbitrage, we realize there is a market for revolutionaries. Today, there are two kinds of revolutionaries: technological and political. And there are two kinds of backers of these revolutionaries: