True

Interesting. What does that do?

I think you are forgetting that at pre tariff baseline, we did not have free trade. If we did we would have had one economy.

Pre tariff baseline Canada is exceedingly protectionist—the US economy has been footing the bill for Canadian economy and autonomy.

Meanwhile, Mexico undercuts US labor costs by circumventing the US tax system.

The tariffs are visible tax.

The pre tariff system was obscured.

Ya, it’s probably better to just throw the ring in the fire. Ossification seems safer than favoring actions, shenanigans, and unintended consequences.

I’m thinking about why adjusting economic inputs is an exercise in centralization. Do you mean that because the action requires coordination it is de facto centralized? Or maybe because the intent is to benefit some group—the ability to focus specific attention is evidence of centralization?

Has low cost of block space really resulted in a security risk? I get that security is not maximized in this co text, but maybe it’s optimized?

Is it really a problem for Bitcoin to be a premium network for the most important transactions? Why does it have to be the network for all transactions?

Good point Jack.

What’s wrong with the code being a static cosmological constant?

Why can’t it simply be “it is what it is”?

Wouldn’t the ecosystem adapt to the parameters?

This sort of self correcting mechanism is elegant and appealing.

Seems like the difficulty adjustment.

If blocks stay at same size some future transactions get priced out?

Need to be aggregated with off chain layer 2.

But miner revenue is predictable/strong?

Thank you for the thoughtful presentation and conversation.

I am cautions by nature and this feels abstract.

If you have a moment, could you briefly explain what is definitely lost if the block size stays the same?

Same?

A change today to the benefit of some will beget a change tomorrow for the benefit of others.

The BIPs you highlighted demonstrate the difficulty of Goldilocksing the protocol.

Maybe we should put the Fed in charge of the protocol. They can fine tune the dials for optimal performance.

In the face of large scale institutional adoption it seems better to stand on immutability rather than try for Goldilocks.

Can you bring your philosopher friends over?

Is that South Africa? Clouds make a table cloth?

Was MSTR issuance of STRK discounted? Sold below market price?

Also. When I have scratched the surface on the neuroscience of sensory perception and cognition, I’m left with the sense that it is all metaphorical anyway.

I mean, what does it mean to “see” or “hear” or “recognize” or “compare” or “imagine”?

I have found Rene Girard and mimetic theory helpful—YouTube lectures on the topic and some Jordan Peterson use of ancient myth.

One’s literal understanding is too fickle to get to the bottom of this.

It’s way deeper than literal.

Cap gain change would transiently benefit OG holders most I think?

BTC increase increase of 20% would benefit all btc holders, but newer holders relatively more than OGs?