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These books altered or expanded my perspective in a memorable way:

Candide

Seneca’s Epistles

Epictetus’ Handbook

(The Practicing Stoic is a great compilation/guide)

Maxims of La Rochefoucauld

Tao Te Ching (Red Pine translation)

The Portable Nietzsche (Walter Kaufmann translation)

Siddhartha, Demian by Herman Hesse

The Myth of Sisyphus, The Rebel by Albert Camus

How We Live and Why We Die: The Secret Lives of Cells

The Unique and Its Property/The Ego and Its Own

How I Found Freedom in an Unfree World

The Cowboy Havamal

Hayek’s Challenge

Mises: The Last Knight of Liberalism

Economics in One Lesson

The Bitcoin Standard, The Fiat Standard

Buy a cheap top loaded washer and cheap dryer. If there is a problem they are cheap to replace, but they seem to have fewer issues regardless. LG, Samsung, and Electrolux all have issues. Ran into the same problem with “certified” techs on the newest set of fancy washers and dryers. After four visits and no fix with warranty “repairs” I ended up fixing the issue myself through trial and error. The factory missed some screws and that caused problems with the electronics when the machine was operating.

I read, not sure where, that our perception of time is relative to our total experience of its passage. The more days you’ve had the shorter each new day appears to you. I’m not sure why that would be the case but it matches with my experience. Perhaps we filter out more of the details as our model of what is happening becomes more robust, so as we get older the brain is less attentive to the particular moments: it categorizes moments more effectively over time as a member of some set, saving resources but leading to this recognition of the time passing in that moment.

*The Rare Sat Lie*

Let's start with some facts.

You cannot own a satoshi (sat). You can only own a utxo, who's value is measured in sats. Just like you cannot own a "kilogram" but you can own something which weights a kilogram.

The idea that a sat can be rare is a lie, since sats don't exist.

A utxo also cannot be sold, because as soon as it is spent, a completely new utxo is created, and the creation of this new utxo makes the previous utxo (which you wanted to sell) spent. To act of spending "an unspent transaction output" (UTXO) transforms it into something fundamentally different, a "spent transaction output" (STXO) and creates a new UTXO.

The idea that a utxo can be sold is a lie, since even utxos cannot be sold.

The idea that a rare sat from a "special" utxo can be bought is thus a double lie.

*Rare Sat Sophistry*

The conmen, the useful idiots and the otherwise honest but contrarian pundits will rationalize the spreading of the "Rare Sat Lie" with sophistry and appeals to libertarian morality such as "it's a free market, people can believe whatever they want and waste their money however they wish".

Of course, this line of reasoning is meant to create strawmen arguments so that every person that is righteously indignated at the spreading of these lies can be painted as being opposed to the concept of individual freedon itself, which immediately places the TruthSeeker's outrage outside of the Overton Window (and subject to ridicule).

Let us dispell the strawman argument.

The "market" (a small niche of degenerate gamblers) can want whatever it wants, yes. But it till cannot change the reality that individual satoshis (sats) do not exist as "things" or virtual objects. This reality is not subjective.

The sophists will also rationalize that "it cannot be stopped" and thus all you can do is "cry harder" (ironic eh?) and that any and all attempts to combat the lies are futile (at best) or stupid.

It may be true all the truthseeker can do is cry and shout, but it is also true that to combat the spreading of such lies is a virtuous and noble pursuit. And it is also true that the direct result of the shouting can be to save a victim from otherwise being conned. Which is, we would all agree I hope, a moral good, if not a moral imperative.

People are free to spread the lie that such things ("rare" "sats") are real, and fraudulently sell utxos of low value presented as "rare" "sats" for utxos of higher value, but to do so by exploiting the ignorance of people and confusion around the complex technology of Bitcoin is evil according to nearly almost moral code that ancient and modern civilizations have produced.

I am the last person that would deny someone the right to be evil. But I believe if you see a fraud and you don't call out the fraud then you too are a fraud.

So, the strawman is really just straw.

*The Rare Sat Con*

Beyond it being morally bad to spread lies generally, the spreading of the lie also occurs within the context of textbook confidence trick.

Confidence tricks involve :

- the mark: the victims whose money is to be acquired fraudulently

- the roper: reels in the mark via exposure and marketing, peaking the curiosity of the mark (i.e. a conference or media organization)

- the inside man: provides a venue for the con to take place, or supplies goods and services used in the context of the scam (a mining pool or a marketplace)

- the conman: gains the confidence of the mark extracts the money (the seller of a rare sat)

- the convincer: an acolyte of the conman which gives a taste of the profits to the mark either by investing in the mark, or showing off his profits to the mark (a fellow rare sat trader)

The conman and the convincer can interchange roles. For example, conmen and convincers can publicly con each other repeatedly and alternatively, with gains and losses which compensate, with the tacit understanding that the goal is really to gain the confidence of a mark from which both convincer and conman can extract money from.

Everyone except benefits in this zero sum game, except obviously the mark.

In the end, the mark was never forced to give up his money. He willingly parted ways with his funds, deceived by the confidence trick.

Selling "rare sats" for utxos of higher sat value is without doubt a confidence trick.

I will let it up to your imagination who you think plays which role in the rare sat con.

Providing the means for others to recognize a stupid game with stupid prizes in Bitcoin will disincentivize that behavior here. We can help everyone who wants to engage in that kind of behavior by directing them to their natural habitat, the shitcoin casino.

Can it generate the same output despite environmental changes? This is not the same as adaptability; this is adaptability constrained by consistency in output. The ultimate adaptability outcome for Bitcoin is fiat. That’s not useful, so you implicitly disregard it. The ultimate adaptability in the universe is entropy. That doesn’t mean we view life as good if it immediately conforms with this outcome. I don’t think ossification vs adaptability is a useful frame in general. Principles vs pragmatism is a better framing of what I think you are trying to get at.

Meh, the vogue of envious historians damning everyone more successful as deficient by their preferred standard is as much a product of our own time as it is a reflection on the period of “robber barons”.

Replying to Avatar Lyn Alden

The majority of people have a strong tendency to want to be part of something that is bigger than themselves. It is why they not just get up in the morning, but why they are *energized* to get up in the morning.

Clans and religions were among the earliest bigger things. People know that they will die, and so they invest into their descendants, honor their ancestors, and contemplate metaphysics and the nature of life. Many people will willingly sacrifice themselves for their children or for their highest ideals because of this.

In the modern era of printing presses and telecommunication systems, there is also a broader set of choices for people to group together around, either combined with those other ones or sometimes instead of them. Sometimes they choose nationalism. Sometimes they fight for a political ideology that transcends borders. Sometimes it is a professional guild or professional recognition. Sometimes it is the environment. Right or left or anywhere in between, you can often tell what someone adheres to as their highest ideal.

A powerful exercise is to 1) identify what you feel a part of in the bigger sense (it could be a few things) and 2) whenever someone’s behavior confuses you, stop and think about what they likely feel a part of in a bigger sense, if anything. You might feel that what they associate with is fucking retarded, but if you can at least identify it, then that is the first step toward successful communication and debate and rebuttal.

Using myself as an example, my professional experience is in a combination of engineering and finance. Separately, my ethical philosophy is grounded in virtue ethics (that’s a whole other longwinded topic), and as a result, what I feel a part of in a bigger sense is various social movements and protocols that utilize technology to bring financial autonomy to people. That’s where I put my time and capital toward.

Successful commerce involves the combination of value and communication. Therefore, I want people to be able to communicate freely and transfer value freely. As such, I strongly associate with the leading technologies in those fields, such as Bitcoin and Nostr.

If I thought they were weak, I would sympathize with them but not invest in them or have much hope for them. That was my view for a while. But if I view them as technically capable and achieving of network effects, then my rationality combines with my sympathy and becomes full support.

I don’t care what peoples’ race, sex, orientation, ethnicity, or nationality is. Instead, what I care about is doing whatever tiny part I can to bring technologies to people that allow them to transfer value and information to others, or to educate people on those technologies, etc. That is where my time and capital is focused on. Outside of family, that is what makes me energized in the morning to work toward.

What is yours?

I enjoy knowledge for its own sake. I have always held that truth is worth pursuing. I’m excited if I can learn something new, whatever that may be. My day gets even better if I can apply that knowledge to achieving a goal, making a process better, or otherwise improving a situation.

I’ve come around to the view that where it’s appropriate and useful for me to judge others, which is rarely, the best criteria is virtue in the sense of excellence. Pragmatically it’s often better to figure out some criteria you share in common and work from that basis when addressing disagreements.

I’d like to see a world where individuals are free to pursue their passions and become the best versions of themselves they can be. What little I can do to help that process along is worthwhile, so I do what I can where I am with that in mind.

No worries.

His mindset of territory, unification, and religion among a common people (the definition of which seems mostly based on what is useful at any given point) reminds me most of kings from European history.

I think he calculated he could expand or set up a buffer state, neutralize a perceived threat, and deal a blow to the US. I think, like most leaders now and in the past, he doesn’t really factor in human lives except to the extent that the domestic populace will revolt or it will weaken the states’ ability to project power in the future.

The fact that the madman portrayal was the chosen narrative by the same group with direct experience interacting with Putin is inexcusable unless they believed that he would never appear in media in the West. If they had chosen to use the ex-KGB ruthless killer that became dictator portrayal it would have made more sense, been far closer to the truth imho, and avoided all of the problems they will now have. It seems to me the choice to go with the madman frame was made to preclude negotiations.

Frankly this whole thing reminds me of WWI. An ultimately pointless conflict between arrogant powers. It was entirely avoidable, but no one with an ability to influence the outcome cared enough about the people affected to try.

Your framing isn’t helping you. I didn’t claim to “like” any part of the interview in the sense of supporting Putin. I stated I don’t explicitly.

My judgment was based on how well he articulated his perspective, not that all his claims would bear out as truthful. If you don’t expect leaders, particularly those in a war, to use truth when useful and lies when useful you deserve to be deceived.

That being said, I don’t speak Russian so it’s unclear to me if the translation should have been grandfather. Either way, I thought it was an obvious attempt to paint Zelensky as a hypocrite. I thought the interpretation of WWII’s beginning was odd too. I thought his explanation of Soviet era policy regarding the treatment of Ukrainians as a separate group was odd. I thought his unwillingness to release that reporter was an obvious missed opportunity when you consider the potential gains, but I think that was one of the few instances where his domestic audience concerns overrode his desire to appeal to a foreign audience.

He isn’t a madman, and that’s a narrative disaster for the West.

Putin has a clarity of perspective that, while obviously biased to reflect well on his own actions, enables him to describe the actions of all parties involved. Tucker encourages this throughout the interview. It is helpful if you are unfamiliar with the perspective of the Russian state. The more interesting parts of the interview occur later, around halfway, when Putin is describing recent developments in the global political situation. Throughout the interview he describes the actions taken by the US and Germany in a way that is calculated to undermine domestic support of those policies in those countries. He also repeatedly encourages Tucker to check his version of events with the US officials involved.

Putin comes across as, given a realpolitik perspective, a competent leader that can make his case simultaneously to both a foreign and domestic audience. The case is not new, though it likely will be to many that watch the interview.

The portrayal of Putin as a madman in the West will now likely backfire. The contrast is damning.

If you wanted Tucker to berate him, you’ll be disappointed. Otherwise, the interview was done well.

I hate that this has to be said, but it is possible to think all of this and not support Russia’s war in Ukraine or Putin in general. What you want and what is should be kept separate when attempting to understand reality.

“The offshoots of human mental efforts, the ideas and the judgments of value that direct the individuals' actions, cannot be traced back to their causes, and are in this sense ultimate data. In dealing with them we refer to the concept of individuality. But in resorting to this notion we by no means imply that ideas and judgments of value spring out of nothing by a sort of spontaneous generation and are in no way connected and related to what was already in the universe before their appearance. We merely establish the fact that we do not know anything about the mental process which produces within a human being the thoughts that respond to the state of his physical and ideological environment.”

Excerpt From

Theory and History

Ludwig von Mises