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markets—these sublime machines that synthesize beliefs and aggregate them into prices—instantiate a secularized version of the sacred

Byrne Hobart • Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles

Notes From the Metaverse - By L. M. Sacasas - The Convivial Society

L. M. Sacasas theconvivialsociety.substack.com

In other words: A group of people direct their attention to something, and that changes its value. This, in turn, draws the eye of various media and attention merchants, which in turn changes the value again. Crypto hype is the purest and most logical endpoint of this phenomenon. What most people are talking about with a given crypto asset is just ... See more

Charlie Warzel • How The Internet Is Like A Dying Star

No community, in the strong sense, can form in the society of transparency. Instead, chance gatherings [Ansammlungen] or crowds [Vielheiten] of isolated individuals, or egos, emerge; they pursue a mutual interest or cluster around a product line (“brand communities”).

Byung-Chul Han • The Transparency Society

nearly always large and potentially profitable markets searching at Steps 2, 1, and sometimes even at Step 0.

Ben Hunt • Convert!: Designing Web Sites to Increase Traffic and Conversion

The best thrill traders are hunting for low relative popularity assets that have lots of space for their valuations to grow if they are able to cross the chasm from obscure to popular. They are selling them when ownership catches up with attention.

Cobie • Tokens in the attention economy

It involves a very pronounced tendency for the market to rise during certain times of a given month and fall during the remainder. The ascending times are in and around the end of a month, and the retreating times are in the middle.

Art Collins • Beating the FINANCIAL FUTURES MARKET: Combining Small Biases Into Powerful Money Making Strategies

The notion of a market value for the whole world reminds me of a sign I saw on an office door in the Physics Department of the University of California, Irvine. It read EARTH PEOPLE, THIS IS GOD. YOU HAVE THIRTY DAYS TO LEAVE. I HAVE A BUYER FOR THE PROPERTY.