or, how to kick your addiction to the Internet’s biggest asshole.
Nam Talebam quidem Amioun ego ipse oculis meis vidi stupe page, et cum illi pueri dicerent: Σιβυλλα τι θελεις; respondebat illa: αποθανειν θελω.
“Never call someone an imbecile (or fucking idiot) unless he causes harm to others/system; there must be a moral dimension to insults.”
· Nassim Taleb
“Things are never complicated if one has principles.”
· Nassim Taleb
“If you want to punish an enemy, put him on a pedestal. He will hurt himself falling from it.”
· Nassim Taleb
“Old friends don’t attack…
a cheeky little brainstorm on the methodological individualism of price inflation and capital formation
OMG GUYS WE RECORDED OUR CLUBHOUSE FOR ONCE!
What a glorious moment for culture and humanity. Thanks to the good folks at Swan Bitcoin, Aleks Svetski and I spoke to Izabella Kaminska for some ridiculous amount of time until we all fell asleep at 2.15 am or so. …
totes emosh, guys, totes emosh
So that was pretty wild, huh?
Did you guys sleep? I didn’t sleep much. To my eternal shame, at one point of my jet-lagged, emotionally-and-physically-drained-lying-in-bed-not-sleeping at five in the God-damned morning, we decided to have a little impromptu international diplomatic summit with the President of El Salvador. I was awake for that and I didn’t go because why would I check Twitter at five in the morning when I’m in my sixth straight hour of failing to go to sleep? To whit: what even is life? Is any of this really happening?
Speaking of which…
As Fragile Nassim’s public psychological breakdown continues apace, I recently took 15 hours out of my schedule to reread my magnum opus, A Tale Of Two Talebs.
In the end, I was interrupted by a person from Porlock, who insisted on talking to me about Samuel Taylor Coleridge and eating up the rest of my allocated time. We’ll see if anything comes of that, but in the meantime, it led to some reflection on where I managed to get to before interruption.
I got to roughly here:
a bitesize read on Taleb’s Bitcoin Derangement Syndrome to celebrate the one year anniversary
If you are somehow unaware of this (and in which case, how on earth did you end up here?) one year ago today I published my magnum opus, A Tale Of Two Talebs, or, how to kick your addiction to the Internet’s biggest asshole:
I was fairly nervous about this at the time, as Taleb is big and scary and has fans who are literally insane and could easily find out where I live if they wanted to. But I manned up, went through with it…
an attempt to stir up hatred against the most evil law of which I have ever been a subject
It would be so nice if something made sense for a change.
Lewis Carroll, Alice’s Adventures In Wonderland
On March 11th, the Scottish National Party’s infamous Hate Crime And Public Order Bill was passed by overwhelming majority by the SNP, Labour, “Liberal” Democrats, and Greens in the Scottish Parliament. …
or, why do intellectuals oppose Bitcoin?
I should start off by saying that I have nothing against Eric Weinstein. Readers need not worry that this is another Talebenning. It’s a little suspicious that Weinstein claims Taleb is “incredibly subtle”, but we all have our foibles. I liked Taleb once, too, after all.
Unlike Taleb, who is a bullying, cowardly, bullshitting charlatan, Weinstein seems like a perfectly nice and well-intentioned guy. He is certainly extraordinarily intelligent, which might seem like it makes this whole episode all the more bizarre, but I think it points to a deeper truth.
we don’t trust; we verify
Tumbling down the rabbit hole is hard. It’s disorienting. It’s uncomfortable. It requires genuine humility as you realize all the things you never really understood properly in the first place.
But it’s also fun. It’s a highly effective filter for the truly open-minded, curious, and disciplined. There is a good amount of arrogance and disagreeableness too, but that’s trade-offs for you. Nothing is perfect.
Economics and engineering alike give rise to hard choices and opportunity costs. If you don’t like the choices that have been made, that’s absolutely fine. Nobody is forcing you to be…
or, how to check your fiat privilege
Lenz’s Law states that a current induced by a changing magnetic field flows in the direction such that the magnetic field created by the current opposes the change in the flux of the magnetic field that induced it. One could dive into all kinds of fun electrodynamics to explore its importance; that it explains the negative sign in Faraday’s Law, for example. But we needn’t do so here. …
what it is and how to fight it
Fiat privilege is a concept that highlights the unfair societal advantages that people with proximity to the money printer have over people of savings. With roots in the physics envy prevalent in twentieth-century macroeconomics and the widespread financialization made possible by the severing of the dollar’s peg to gold, fiat privilege has developed in circumstances that have broadly sought to protect the interests of those who most directly benefit from unconscious inflationism.
Fiat privilege denotes both obvious and less obvious passive advantages that people of proximity may not recognize they have, which…