Month: October 2023
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The destruction of money
Money is a created thing. We create it by issuing loans or by authorizing government expenditures in fiat currencies. But what happens then? If we can only create money, how does money not become worthless over time? Obviously, we must also destroy money. The destruction of money happens in two ways. First, a lender can…
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Only the problems that matter
The way I see it, survival of humanity has, since the middle of the 20th century, been reduced to three tiers of problems to solve. Tier 1 problem: how to harness solar, lunar, and geologic energy sources and convert them to electricity. Tier 2 problem: how to distribute electricity and use it for transportation. Tier…
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Ahead of its time
Today I learned that in 1983 I could have downloaded games into my Atari 2600 using a modem, stored them in ROM and played them off-line. In 1983. And that the company that offered that service only offered it because their original idea to allow you to download music over a modem to listen to…
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Functionally Infinite
“Functionally infinite” is an incredibly powerful way to tilt the field. IPv6 give you functionally infinite address space. Sovereign Currency gives you functionally infinite money. Functionally infinite electricity reshapes civilization as we know it. etc. Where is the source of functionally infinity in your problem space?