sometimes I regret only using twitter for shitposting and nostr for actual thinking because occasionally it’s useful to take actual thoughts from nostr and use them to dunk on degenerate fiat tweeters.

the current thing™, if you are curious, is that a lot of people are revealing themselves to be closet MMTers in their take on Sequoia keeping $1bn at SVB and I had a massive note a while back about how t-bills and money market mutual funds are effectively the only real “money” now (even though this is entirely circular since they are defined as the rights to money …)

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here’s the note, fyi:

note1pnwmy4rf8gazepvpkr5770pcnts8685qe9ake96m56refs78atzsam7cnn

Hi, Allen. I've been superficially analyzing the idea of second order logic you wrote some time ago. Do you think second order logic is useful when trying to understand moneyness?

haha almost certainly not.