Today's edition of Carbon Copy: The Debt Spiral & 3 Podcast Recommendations
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Every attempt to “green up” an energy grid ultimately makes the grid browner than it was in the first place.
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Oil is currently the top source of electricity in New England
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For 2000 years, the elites of Rome and Greece made the pilgrimage to Eleusis to drink a secret potion that elicited visionary experiences with goddesses & strange beings, all in the hopes of becoming immortal.
on the Eleusinian Mysteries:
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10/ Full on 's conversation with can be found below. Topics covered:
> Misinformation in the Money
> Path to the New System
> Injecting Energy in the Money
> &
> Recommendations for the G20
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9/ Instability in the traditional financial system allows for critically unstable ecosystems like DeFi to grow in the short-term because number-go-up-technology can cloud the instability of the base-layer. But NGU tech cannot last forever if it is built on an instable foundation.
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8/ The Ethereum network has anti network effects: each new user that joins the Ethereum network makes it less valuable because instability increases with each additional user.
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7/ It’s impossible for Ethereum to win in the free market because, by design, it can’t be as efficient as a centralized AWS database that produces the same function.
DeFi that is being built on top of Ethereum are castles being built on top of sand.
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6/ Protocols that sacrifice decentralization or security for something that must be centralized (scalability) have to lose in the free market over time.
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5/ DeFi is built on centralized protocols that must become more centralized as they grow. If they are decentralized in name only, why not build them on Amazon Web Services and dramatically improve the protocol’s efficiency? Aren't they optimizing for scalability?
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4/ Other protocols that choose to solve scalability on layer one choose to sacrifice either decentralization or security on layer one, which results in castles being built on sand.
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2/ A given blockchain can only solve two of three of the following: decentralized, scalable, and secure.
The Bitcoin blockchain solved for decentralization and security, which created a natural pre-market opening for entrepreneurs to solve scalability on layers above layer one.
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Full on 's conversation with can be found below. Topics include:
> The Grand Redesign
> Upgrading HumanOS
> The Power of Storytelling
> Positive-Sum Venture Investing
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Try to be optimistic about the future, and see yourself as a human on earth instead of being a member of a specific tribe.
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Upgrading the human operating system will not solve all the world’s problems, but it will create new and better problems that can also be solved.
Our current system is optimized for growing GDP, not human flourishing.
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Stories can help us overcome the deeply-rooted social wiring that does not always serve us. The "heretics" working on the leading edge of tech must reframe their innovation’s impact with better stories, or else we may fall victim to a self-fulfilling prophecy of a tech dystopia.
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Humans evolved during times of zero-sum conflict, so all of the stories we told around the campfire were zero-sum conflict-based stories.
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Today, we are operating on the programming that worked really well in caves and savannas but does not work quite as well in the massive groups that we find ourselves in now.
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We are entering an exponential trajectory of technological progress and our antiquated minds cannot possibly keep up unless we change the stories, programming, and hardware.
More from 's conversation with :
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Full from 's conversation with can be found below. Topics covered:
> MrBeast's Process
> How To Grow Your Audience
> Giving Away A Billion Dollars
> Mortality, Depression, Love
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The optimal way to respond to a video that does poorly is to remove emotion from the equation and objectively evaluate what went wrong.
The people you are around dictate your outcome; be extremely selective about who you spend your time around.
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“Whatever makes the best video” is the answer to any content creation or production strategy.
The title of the video should make the person *have to* click on the video. Improve the title until this this is true.
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Going viral on YouTube is not random. It is a learnable skill.
If you have zero videos on your channel, your first ten videos are not going to get views.
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Do not over-strategize if you are a beginner. Just get to work and start uploading.
Throw the conventional stuff out the window and focus on what is actually practical for your business.
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“You are crazy until you are successful. Then you are a genius.”
8 More Content Creation Principles from :
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To the dismay of many, there are times in Europe when the sun does not shine and the wind does not blow. “Renewables” should supplement, not replace.
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Cold weather forces the UK to fire up coal plants.
Because you can't just fire up a windmills or solar panels.
reuters.com/business/energ
"Despite the plainly obvious fact that the world is, and forever will be, woefully short of the critical metals needed to enable transformation on the envisioned (nay, demanded) scale, do-gooders of all stripes are hurtling us toward the hard wall of physics at top speed."
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Mission Impossible
doomberg.substack.com/p/mission-impo
8/ Full on this masterclass with & of can be found below. Topics include:
- Investing Basics
- Different Types of Risk
- Recession Planning
- The Optimal Portfolio
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7/ Owning too much of your employer’s stock may overexpose you and your portfolio to one centralized entity, given it is the source of your human capital and now a sizeable percentage of your investment portfolio.
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6/ The vast majority of active traders on Wall Street fail to outperform the market.
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5/ An investor investing in an asset with a relatively higher discount rate expects to earn a higher return; but there is no free lunch, just because he expects to does not mean that he will.
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4/ No public market investor interacts with companies in a vacuum; there is a highly competitive market for financial assets where investors compete with each other to earn the best possible return relative to the risk that they’re taking.
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3/ No single investor can have access to all the information that will affect the price of a stock or bond, but the aggregate of all investors – the market price – is a pretty good representation of all information.
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2/ Understand what your investing objective are; different objectives will have different levels of priority in your life and they will have different optimal portfolios to fund them.
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By the time you are worried about something, it has already been reflected in market prices.
6 More Investing Principles from & :
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"The only reason Klaus Schwab cares about how you live your life is because it may impact how he lives his."
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Carbon Copy 06 - January 22, 2023
> Davos Hysteria (@Stanley_Rizzo)
> Deliberate Cold Exposure (@hubermanlab)
> Podcasts Of The Week
thecarboncopy.substack.com/p/carbon-copy-
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11/ Full from 's conversation with can be found below. Topics covered:
- The Writing Process
- Happiness & Meaning
- The Psychology of Money
- Morgan's Most Important Money Rule
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10/ People tend to know other people better than they know themselves; flip this around and you will make progress in life.
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9/ People do not want to ask other people questions because they are afraid to be told that they are doing it wrong. Try to be more introspective about yourself and realize that there is no one right answer.
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