a 2x overvaluation is a danger zone bc a correction greater than 50% creates "majority destruction" it becomes too big to fail and thus has to continue going up and up just like the extreme oversteering of a car out of control
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there's a similarity with identities as well. when an identity gets hit w/ a 51% attack, it cannot survive since it loses all its vitals an overleveraged identity similarly is vulnerable to these crasheshttps://twitter.com/a_yawning_cat/status/1371512789089480706?s=20 …
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🐈 @a_yawning_catbut its weakness is that you can crash. if your heroic vision of self becomes too out of hand, the entire vision pops and collapses and enter a depressive spiral. you psychological credit score is too low and ur brain won’t allow you to project heroic visions anymoreShow this thread1 reply 0 retweets 0 likesShow this thread -
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once an idea is no longer rooted into reality, (feedback from reality can no longer trigger feelings of inferiority or wrongness) it "lets go of its earthly tether" and thus realizes its potential to go to the moonhttps://twitter.com/a_yawning_cat/status/1302153496498548736?s=20 …
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(though in practice it is often less enlightened flying monk and more kim jong un rocket)
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