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Replying to Avatar Marc

I once asked someone I met on the orange pill app about the difference between Ayn Rand's Objectivism and Mises theory that all value is subjective.

He gave me a great answer. He said Mises essentially meant the same thing.

Reality, say my full node, is objective. My interpretation of that reality is subjective. We see bitcoin as a ledger verified by math and think our truth machine is undervalued, at least I do, but peoplenon nostr tend to agree. 😃

A lot of people tell me they "don't trust bitcoin." That's also subjctive, but it's based on an epistimology of feelings rather than logic(math).

Value, therefore, is a subjective interpretation of an objective reality. People who tend to judge objective reality with "feels" tend to be poor because they have a high time-preference and buy french fries on credit. People who use logic as an epistemic guide tend to buy assets.

It kind of is all in your head. A red baloon is red, but not everyone can see red.

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Tim Bouma 8mo ago

It’s all in your head. A great read in ‘Case Against Reality’ by Douglas Hoffman on the Interface Theory of Perception, shaped by evolution. Also, there is still no credible theory of consciousness, yet, though the book posits some theories.

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Marc 8mo ago

Thanks. That sounds super interesting.

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