Joseph Schumpeterβs concept of βcreative destructionβ refers to the process by which innovations replace existing technologies and business models, leading to economic growth.
Neo-hackers, through their innovative endeavours, can drive creative destruction by introducing new ideas and approaches that challenge established systems and lead to the emergence of more efficient and advanced solutions.
βYou never change things by fighting the existing #reality.
To #change something, build a new model that makes the existing model obsolete.β
β Buckminster Fuller #quotes
π¬πͺπ«π¦π πͺπ²π±ππ«π±π²π―, π«π¦π₯π¦π© π¦π«π±π’π―π¦π±
Why #HODL? #Bitcoin
https://medium.com/@koqoo/why-hodl-is-of-paramount-importance-6e41eeb3c087
Market economies evolve in the constant interaction among 5 semi-autonomous spheres: #science, #technology, #politics, #economics, and #culture.
The good times occur when they enter in synchrony, the turbulent times are those when they are in disharmony.
In a world of #capital gains, real estate bubbles and foreign adventures with #money, all notion of the real value of anything is lost. Uncontrollable asset inflation sets in while #debt mounts at a reckless rhythm; much of it to enter the casino. Thus grows the vast disproportion between paper #wealth and real wealth, between real profits or dividends and capital gains. But the #illusion cannot last forever and these tensions are bound to end in #collapse. This can happen in a series of partial crises in one market after another, in one huge #crash or a combination of both; however it happens, the #bubble needs to burst.
β Carlota Perez, Technological Revolutions and Financial Capital, p. 75
https://carlotaperez.org/wp-content/downloads/books/btr-en/PEREZ_TRFC_Ch%207.pdf
Might the journey through #uncertainty mirror a dance, where the choreography involves fluidly embracing the #unknown, rather than marching in a rigid straight line?
Does the acknowledgment of our insignificance offer a humbling #perspective, or does it provoke a quest for deeper meaning within the massive cosmic backdrop?
Press the mental reset button, watch limitations fade, and witness the power of a fresh #perspective. #emptyyourmind
#Stablecoins pegged to unstable failing currencies. #oxymoron
We tend to overestimate the effect of a #technology in the short run and underestimate the effect in the long run. β Amara's Law
Might the most perilous pitfall during times of #disruption not be the disruption itself, but rather the tendency to approach the situation with outdated, yesterday's #logic?
Autonomous #AI agents + Cross-chain Atomic Swaps π₯
Could it be that the path to #wisdom involves welcoming #change with #foresight, anticipating its arrival long before it becomes inevitable?
Is it reasonable to suggest that progress is achieved not solely through adaptation, but also by embracing disruption?
Is the act of defying past circumstances and forging the future a more effective approach than fighting against history?
#Historyβs major lesson: the certainty that the unexpected will occur.
Adaptation paves the way, but progress leaps through #disruption.
The current landscape is full of #unprecedented possibilities.
Extreme shifts:
from negative oil prices to potential #hyperinflation
Embrace adaptability,
stay informed and learn to unlearn.
Endless possibilitiesβ¦ #belikewater π 
#Intelligence seems foolish to those who lack it.