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I think there’s a big story on the non-financial economy. What are you doing that’s keeping the economy spinning without activity being routed through the financial system? The thing I hate most about this situation is the the degree to which everything routes through dollars.
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I may be a financial waldenponder. I’m finding the story of George Dyson in his kayak, living largely outside the cash economy, curiously inspiring. I’d like that except without the camping in arctic cold.
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Next up in my twitter live reads: The Starship and the Canoe by Kenneth Brower, on physicist Freeman Dyson and his historian son George Dyson (ht @andersen for reco) amzn.to/2TfcNBv
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How do we get off this money-based economic architecture? Why are we at mercy of a bunch of bickering old people designing a 2T pig trough and everybody forced to either turn pig fighting for their line item or die? Something deeply stupid about this. Great filter level stupid.
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Part of me wants to buy a bunch of gift certificates to band-aid the businesses I like Part of me wants to just lean in here and figure out why life must stop because money must stop. Classic money is too rigid an instrument to flow around anti-pandemic regimes.
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In a market with unregulated arbitrage opportunities the contracts will converge on some currency: BTC:USD, for example. But because of cultural fragmentation, the global currency is both utilitarian and symbolic, e.g. 1 USD in Laos is not equal to 1 USD in USA.
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