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Finance Internet Culture Preparedness

Day 807 and Hyperinflation

Everyone calm the fuck down and stop panicking while we consider the most dreaded phrase in Silicon Valley: “Balaji was right”.

Sometimes people use a method of persuading you from the extremes. Remember “he means it seriously but not literally?” It works, it nudges the new position into your frame of reference and anything else feels moderate by comparison. But you get to choose what you adopt. You can be optimistic, you can chose new ways of being, you control yourself. But warning: it takes so much energy and effort, which I know because I did a lot of work to adjust my life to tail risks while still believing that you have to live your life.

Also, I’m not going to censor anything, so if you’ve got an inclination to cuss me out for not being on your “side”, I’d ask you to remind you that I’m human and winging it just as much as you are. Let’s all remember our humanity.

So are we going into hyperinflation in the next 90 days with Bitcoin going to $1,000,000?

The Next 90 Days

I mean, an apocalyptic scenario is pretty hard to do in ninety days no matter what is happening. Because life finds a way and as my husband Alex likes to say, people revert to the mean. So while I don’t fucking know and neither do you, I don’t think on balance the physics of hyperinflation in 90 days works from where we are now, when talking about the US in particular.

I’m not doing elaborate math though I’ve read the materials. I can make some good guesses based on logical observations of my available data and on human nature. And I think a shock of that magnitude is basically the end of the world. And as much as I think we’ve got to end denialism about how bad shit is for a lot of people, I’m also not sure it’s going to go sideways that fast. Maybe I’m over indexing on having read Gibbon’s “Decline & Fall of the Roman Empire”.

And to the idea that “it’s ok, we’ll all just move to a Bitcoin economy: we’ve got a so much work ahead of us to make crypto and in particular Bitcoin work as a viable alternative for a practical economy it’s not even funny. I think I’m reasonably active in crypto (though probably not as much as you think on a day to day basis). I participate in some DAOs, I have bags with Bitcoin. I believe we can build a better future. But we are small and the problem is big and we need more of you to come in and build it with us if you want an alternative economy that’s actually usable by everyone.

I think this is a good thing because I have had some good experiences with how American capitalism works but I think we can do better. I have some money but I’m not .01%. I like capitalism but I’ve experienced the deep lows of navigating a chronic illness in America before everyone became obsessed with fragility. I’m not saying the systems works.

So while I think a change is ultimately coming (and I’ve made plenty of bets to that effect), I’m not so sure I want the apocalypse to come just to further that end.

After all we can’t build software if it’s the end of the world. Which isn’t a huge leap to make if the dollar hegemony collapses before August. Literally nobody wants that. But a lot of people want more options and it’s our jobs to convince them we can provide it.

So we can use Bitcoin but again, let’s not get ahead of ourselves.

Changing Systems

But I want to be transparent about what I am weighing. I believe we have some negative trends that haven’t been addressed in fractional reserve banking. I believe our world has strained trust about state run capital and currency feels inherently political.

We aren’t that far off the church and state separation, historically speaking. And it took a long time for the separation to hold. But even if time moves faster now, I’d be surprised (though not shocked) if we took down money and state in a quarter. Maybe I’m underestimating dramatically on the exponential. I clearly don’t think it’s impossible because I live in Montana and my revealed preferences tell you something. But I also live near a yuppie city and I make investments in a market economy. I’m torn.

So do I think it takes more time to unwind an empire? Yeah I do.

Do the network affects at play impact monetary policy? You tell me.

We poured a lot of cash into a lot of hands and we have the option of gossiping at scale in public. It feels like no one learned anything from GameStop but I can assure you I did. We don’t totally understand emergent behaviors. Egregores are real and we can summon demons, though we probably shouldn’t and I think it’s a little weird to do so because I’m not confident it won’t kill me.

And there’s a lot of new ground to cover. More deeply tied financial systems, and networks magnified 1000x. Last time around we barely had a functional Twitter and now we have, well ok it’s barely functional now (jk but not).

So we shouldn’t in fact continue to do that by building credibility through showing our work and support and investing in that future?I think so. It’s astonishing it’s as cheap as it is now given how much opportunity it provides. But again we have to keep building it out.

Opening the Window

Finally, one tactical issue I want to address is that Balaji may simply be trying to expand our minds on the possible in front of us and how fast we can do it. I believe the most pejorative way of describing it is manifesting but you can in fact apply energy to making a system move in your favor.

One way you do that is by opening the Overton Window on what is possible and seeing if people step up to the plate to build norms and tools that further your cultural view of the world.

So if you really believe that a change is coming and that people need to prepare for it, yes you push even farther than you might think is actually going to happen. That way, even if someone only comes halfway there, they’ve landed right where you think they need to be.

All this to say: chill out everyone – we’re living in the fastest, craziest times there have ever been and it’s damn easy to get sucked into the vortex. So take a step back, breathe, and make your decisions from a place of calm, not panic.

Categories
Internet Culture

Day 805 and Legibility

Being inscrutable is a tactical asset in our extremely online age. As more informational influence campaigns are waged, it becomes easier to invade your headspace if you are too predictable.

I’m not saying that being predictable isn’t worthwhile. If you have a firm foundation of philosophy or religion that dictates a stance sometimes you just have to own it. I’m a libertarian and I often walk the line of what I consider to be foundational beliefs in the value of other people’s freedom in relation to mine.

But I also live in reality where the grey of living in a civilization is a lot less clear. Anyone who doesn’t admit to this fundamental tension is untrustworthy as far as I’m concerned.

This of course makes me legible. It is one of the buzzwords in my favorite online spaces. It is the art of how we make ourselves legible to others such that we can see and be seen. I rather like this philosophy overall.

But I am also quite sure that if you give someone an opening to fuck with you they probably will. It’s definitely a risk to be seen. It makes you a target. But it’s also how you become a beacon. So it’s an over under decision on how much you care about other people attacking you is up to you. But if you open about experimenting with life and how little you know it almost always turns out alright.

There is a theory of public relations, much popularized by Steve Bannon and legal discovery, called flood the zone with shit. And sometimes not giving your enemies a sense of who you is because you are always in process of becoming more and bigger and inscrutable and then suddenly you are in the Heart of Darkness.

It was the stillness of an implacable force brooding over an inscrutable intention

Joseph Conrad Heart of Darkness

So everyone be optimistic and find your people but remember everyone is going to be playing the same game. So I’d definitely recommend you don’t cheat and play the long game.

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Internet Culture

Day 804 and Organic All Natural Human Brain Brewed Montana Content

As a sign of just how fast the world is changing, my goal of making it to a thousand straight days of writing is officially pointless. ChatGPT4 is pretty good at mimicking all styles of writing. AI has come to rescue us from the drudgery of being a workdcel just as it once rescued my brethren shape rotators from doing math. Rejoice!

Fortunately I started this whole blog for personal amusement and feel entirely unthreatened by the looming reality that writing done entirely by humans is officially over. If anything I feel modestly relieved.

I’d be happy to jump cut to the Culture and move aboard a psychotic space ship with a name like Weeping Somnambulist. I just combined Ian M Banks with the Expanse but I’ve got omnivore tastes in my science fiction. The point is it’s fucking cool that the machines are coming. And if it’s not cool I won’t know the damn difference. I’ll be dead or in some other simulation and I am not worse off than I’m currently.

Two men on a bus meme. “The AI Took My Job”

I’ve been repeating as something of a mantra the Hunter S Thompson quote recently.

Buy the ticket, take the ride.

I’ve never actually read Fear and Loathing in Las Vegas nor have I seen the movie. But I’ve absorbed enough of the basic essence of the “all gas no breaks” mentality from across multiple generations that I think I get the gist of it. Though a reminder to actually go to the source material.

The point being is that none of us has a fucking clue and sometimes you’ve got to go fuck around and find out. So I’ll be doing that. If it doesn’t worked out I’ll just chalk it up to consciousness expansion. And if I’m lucky maybe I get some new machine friends too. But I’m still going to write just for me using my mushy brain synaptic firings that I generated right here in Montana.

Categories
Chronic Disease Internet Culture Media Politics

Day 803 and Killing Strangers

I’ve been one of those types that absolutely has no problem taking a shot at the Christo-fascists dorks at CPAC mincing words about eradicating trans people from public life. Fuck you, you fucking fucks, you absolutely would be fine if state sanctioned violence eliminated trans people. It’s not you being metaphorical or cute or whatever justification you used. It’s killing strangers.

I wasn’t any more amused when folks decided it was alright to discuss a cost benefit analysis of keeping the disabled alive within the context of state benefits. No thanks I am not interested in a mercy killing because I’m expensive. Oh it’s a mercy killing for children? Yeah no still good thanks. Fuck you Canada. Medicare for all sounds good up until you decide to put me on palliative care via the metaphorical ice flow of opioid addiction.

So you might imagine I am equally sensitive about someone making jokes about euthanizing people who pays their bills by investing in early stage startups. Oh it was just a joke about how Keynes didn’t like the rentier class? Hilarious.

I am just rolling on the ground laughing at your erudition. Yes, benefits of a classical education. Har har. It’s so much smarter than the CPAC guy who wants to kill trans women. Definitely smarter than those segueing to mercy kill sick Canadian children. Oh wait, no it’s fucking not you sick fucks. Stop killing strangers in your rhetoric for shock value and clicks.

Perhaps I could interest the Jacobin audience members in a trip back to the Opium Wars, funded by Franklin Delano Roosevelt’s grandfather, just so we understand the gruesome reality that the New Dealers saw first hand in their own family trauma. Or if we are pluming the depths of the historical animosity towards finance and it’s intense hypocrisy, I’ll send you back with a copy of my favorite conspiracy text Creature from Jekyll Island. Then we can have a nice big chuckle about blood libel if you make it back.

I cannot believe that I am writing about any of this social media blood lust but perhaps we could all listen to Marilyn Manson’s Killing Strangers together and decide that there is no clever or enjoyable way to advocate for the killing of strangers. That it’s not cute to joke about killing people you don’t know just to further your political or economic aims. I’ll try to stop joking about how it’s ok to punch Nazis.

I am baffled that I keep ending up in groups that become the target of the genocide curious. I know being a hysterical disabled white bitch is a pretty commonplace “kill them all fetish” and smarter minds than me can untangle how all roads lead to disability. Witches and bitches.

But I’m getting unsettled seeing how it piles up and I keep getting lined up in other people’s sights. I’m married to a Jewish man. I’ve got queer family members. And yes I make a living investing capital (that I raised from weirdos) into other weirdos. Don’t worry my AUM is small enough I can’t live off management fees. Ironically because I’ve got medical bills because I’m disabled.

If you don’t know what that means and you still want to kill m perhaps it’s you that is the psychopath. Just a thought. Not that psychopaths are bad it’s just that I’m worried you will act on it. It’s not always clear if we are the baddies but advocating for blanket euthanasia is probably a helpful marker. Just like as a baseline for civilizational norms.

Either way, I’m not letting any of you kill my queer disabled Jewish rentier bourgeois family members. I don’t care if you a Jacobin or a CPAC member or a pissed off narco-trafficker running Fentyl out of Toronto. If you want to kill me because I’m a stranger and you don’t want to hurt the ones that you love. Ok. But I’ve got no intentions of making it easy for you.

Categories
Finance Politics

Day 802 and Vengeance

You can’t stare into the abyss without letting it stare back at you. And I did a little too much abyssal observation over the course of the weekend. I feel overwhelmed with grief. I saw in the abyss a roiling cauldron of rage and hate and fear and despair. And I saw my own grief reflected back. The boiling blood that demands punishment flooded the news.

I feel grief for the inner child who lived through the turmoil of past market dislocations. I feel grief for my father who suffered through the bankruptcy of 2001. I feel grief for my mother whose teacher’s pension was decimated in 2008. I feel all the pain and sadness and anger and unfairness. I feel it all in my own family.

He piled upon the whale’s white hump the sum of all the general rage and hate felt by his whole race from Adam down; and then, as if his chest had been a mortar, he burst his hot heart’s shell upon it.

Moby Dick

I see the desire for vengeance. I feel it myself. I never saw any kind of justice for my father or my mother. My inner child will never know that peace. And I will have to be an adult and accept the disappointment of a world where far too many little children suffer for sins of their fathers. Many of us pick them up and carry them on. The churn is largely amoral and uncaring.

I see how satisfying it must be to give in to Ahab’s roiling anger. I saw many hot heart shells bursting on the time line over the weekend. A few were directed at me. I can’t be sure that my own didn’t explode on innocents. We are all culpable in ways big and small.

I am doing what I can to dust myself off and carry on because work must be done. We’ve not yet finished building a better future. We’ve barely even built the outlines for a tolerably decent present. I pray it’s too soon for us to find out how hot our hate burns.

Categories
Finance Politics Preparedness

Day 800 and Small Potatoes

It’s nice when a round number crops up in my daily journey of writing every single day. It’s even better when it’s colliding with the wider narratives of humans. If you aren’t paying attention to the news, Silicon Valley bank had a run on Thursday and was taken over by FDIC on Friday. Now the powers that be decide our fates. On day 800 we wait to see if anything has changed about capitalism.

I’m small potatoes so I’m scrambling for survival as much as anyone. But I’ve got a reasonably good head on me and I’ve seen this movie before. Literally. I watched Margin Call a dozen times this year. My family also went bankrupt in the 2001 crash and I was working in startup land during the 2008 crash. So this isn’t exactly my first ride on the roller coaster. I still get sick to my stomach though.

I think we are all about to have a significant conversation in America about trust and who is looking out for whom. I have my theories on how it plays out and over what time horizon. Very few of those scenarios and involves actually letting the american economy implode. But some heads will need to roll it’s just going to depend on the fates.

I really don’t feel like writing through some of this as it’s both personally traumatic because I’m a human being but also because I don’t know where this lands any more than you do. A lot depends on who blinks and who we want to scapegoat and how much we want to tolerate the unpleasant realities of who matters most. Not to be dramatic but every empire rests on a pile of skulls. It’s the degree to which this is literally true that changes over the years.

Categories
Culture

Day 797 and Women’s Day

I remember a gentler more optimistic time when I received a “holiday” like International Women’s Day with some amount of positivity. I’ll grant it was mostly as an excuse for marketing and public relations but it didn’t offend me. Now in the harsh reactionary landscape of 2023 I fucking loathe it.

There was a time when I discussed issues like equity and inclusion and felt proud to ask for more space for women in the many male dominated spaces where I spent my time. I like startups, economics, math, science fiction and libertarianism so you could say I’m used to be one of the few women. And I never felt like I didn’t belong.

That is until I started taking up space. Once you’ve asked to be treated as not just one of the boys but as the leader of the pack you start to notice the snarls. Still I didn’t mind. Being top dog is always going to involve some fights. Let’s just say I’m glad women were allowed into the back door of the startup economy by handling Ecommerce. I didn’t mind having to earn my way in by playing in girly spaces like shopping. The money spends.

But I didn’t have to fight any men to do it. I found a way in on my own terms even though I might have preferred something a little less clearly marked as “for girls!” Because I’ve come to believe that no one wants a more diverse world. Diversifying industries that felt safe to men like startups was fought tooth and nail because who wants to give up ground that they fought hard to gain. I’m sure the men all bleed for their positions and nobody wants more competition. I get it.

It’s all a bit of polite fiction because the reality is power is always earned (or taken) and if you think life is a zero sum game you might believe me gaining power is your loss. I don’t believe in zero sum so I’m a little more “win win” but I get it. I see your pain.

So it’s with that dose of realism that I’ll ask you to pardon me if I am skeptical of the value of some corporate holiday to celebrate women’s contributions to the world. We are half the fucking planet. Of course we contributed to the fucking outcome! I don’t need a damn day for that.

Just because men kept women in the house (or cave or whatever) for a couple thousand years doesn’t mean we didn’t build this world too. We bore your children and made your food and kept the hearth.

We gave your dumb asses advice and kept you civilized because that’s what you asked from us. And yet somehow in modernity, men resented women for civilization even though you sure seem like you love the power and wealth that came with civilizing.

The new masculinity Internet influencers say it’s so emasculating to stop being brutes. It’s these women and their demands for respect and inclusion that is so burdensome. Fuck feminized society they howl. Return to tradition! Ok, so which one is it buddy? You want to be a warrior but you also like wearing those Gucci loafers too.

So yeah fuck all the way off. In fact, let’s get grosser. Suck my blood cunt. No one is buying me off with a holiday. It’s tacky. Like buying flowers for your wife after you did something bad. Just own up to it and fuck the flowers. Be a man.

So that’s my message on International Women’s Day. Be a man. It’s what everyone wanted right? Oh and suck my bloody cunt. Let’s stop with the special holidays and get on with building the world together. You know, like we used to do.

Categories
Aesthetics

Day 793 and Pretty Skills

My mother has always had a gift for aphorisms. I am grateful she has this talent as I’ve been able to simply repackage her wisdom and look much more talented than I actually am at delivering pull quotes. Brevity is the soul of wit and my mother is very witty.

One of the pithy witticisms I believe I learned from her is a classic take on beauty and class being more fungible than we are led to believe.

Pretty is a skill set

Me and/or my mother

If you’ve ever hung out with a bunch of rich girls and wondered why they are all hot consider the dilemma solved. It’s a skill that is cultivated. Like any skill you cultivate or with time but also money. And if you are rich and white the path to beauty is a lot shorter than you might realize. It’s pretty fucked.

I’ve been lucky enough to cultivate this skill set over time. I’ve come to rely on it as part of my arsenal. But I’ve also got a bit of a cranky body so I’ve not always been able to consistently practice the various skills required.

And sometimes life just gets in the way. I look like a fucking mess today. After a week cooped up in an air conditioned room in Mexico with trips outside for slightly traumatic family emotional bonding, I look like shit.

My hair is unsettled and popping off static electricity. I’ve got small pimples all across my forehead. I’ve got patches of eczema on my right chin. I do not appear to have the skill set for pretty today.

Normally I do my best to hide in these circumstances. Especially if I don’t trust someone. I don’t like looking like I lack skill when it comes to presentation. And it is often a sign of respect to look well groomed and beautiful.

In fact, today we’ve got a houseguest that normally I’d feel required to be at full skill set capacity around. And I just didn’t feel like it was necessary. And that’s a skill set worth cultivating too.

Categories
Biohacking Chronic Disease Travel

Day 789 and Types of Poverty

As you’ve probably seen articulated in thought leader tweet streams and thot-leader Medium posts, there are different kinds of millionaires. If you are young you are a time millionaire. If you are able bodied and healthy you are an energy millionaire.

I am in energy poverty. I carefully ration my attention & time and use lots of time-economic craft like asynchronous communication like emails and direct messages. Like a thrifty person with a budget I am always cutting the various coupons of time in my life to cobble together enough time to work full time so that no one can tell I’m energy poor.

It’s pretty common for folks to be in energy poverty. Maybe you are a parent. Maybe you are a care giver for an elderly parent. Maybe both. The most common is of course being disabled and requiring care. I am in that category.

I’ve turned my energy poverty into my super power. I am like Mr World monitoring feeds across the globe laying back and ingesting information & taking small minute actions to adjust my plans. I’ve adjust my career to fit this reality and find it to be an excellent fit for investing as it’s all about finding the alpha and acting on it.

I do telegraph that I’m in this situation. That my mind is sharp but my body is weak. I accept 2-3 events a week at maximum that require me to be up, about, in makeup and battle regalia (business dress) and the rest is dedicated to recovering.

I’ve never had hobbies that couldn’t be done from bed. The last time I participated in a sport was in my twenties before my latest flare. I’ve not had a social life independent from work for decades. It’s isolating and I remain perpetually afraid of losing people who aren’t in the same situation of energy poverty as I am.

Capacity can be drained further by negative conditions like heat, humidity or bright light. I am the type of disabled person that finds showering to be a huge drain so typically include those in my energy budgets as drains. Travel requires 24-48 hours of minimum recovery time which is why I tend only do month long stays places. You may have noticed I go cold places like Prague or Frankfurt and I live in Montana. That’s based on doctor recommendations.

Certain types of travel can’t be done without significant outlays of energy budget that will leave me in deficit for weeks. Beach vacations have long ago been lost but I can manage a tropical location so long as I stay entirely inside in an air conditioned room. Don’t worry laying on the beach isn’t fun for me so I’m not missing anything. Heat & salt water humidity is the fastest way for my body to begin an inflammation cycle.

I’m in Puerto Vallarta for my father’s birthday and the best I can manage is stay in my room all day and a dinner every other night. It’s a little confusing for folks who aren’t in energy poverty to fully grasp the concept but I feel no more frustrated with my situation than I would if I had financial poverty. Sometimes it’s just the situation and your budgets have hard limits. I’ll make an effort and spend 2 weeks of an energy on a long weekend for someone I love but it does cost me. Everything costs something.

Categories
Homesteading Politics

Day 784 and Endocrine

In case you haven’t heard, everyone is bracing for apocalypse. Well, that’s just the headline to get your attention. Everyone is watching the decline in American state capacity as we struggle with distrust across all forms of institutional power.

It’s really challenging to discuss this subject as it is unpleasant to look bad things happening straight in the eye. But if you have read some history, maybe own a copy of Gibbon’s Decline and Fall of the Roman Empire, you’ve probably got theories. But I understand that it’s hard to look at worst case scenarios. Your life may still look normal. But know that for millions of people the consensus is that shit sucks.

I’m not placing any moral or ethical judgements on the wide variety of kooks & characters that have traditionally espoused the various flavors of doom. I don’t particularly care for my compatriots in doom included in the Vanity Fair piece. They don’t like me either. I will self identify as degenerate libertarian who is skeptical of governmental and corporate power.

I’ve been called a Bolshevik by the Christian right and a crypto fascist by the DSA so I’ll assume your average rational mind will recognize that perhaps that the common cause of an America in decline is a bigger fight than tribal affiliations. If you cannot retain a calm mind in your analysis I hope I can convince you that this is a problem.

She thought something had gone wrong with us physically too. “Endocrine systems get fried. There’s too much cortisol, you’ve been running on adrenaline, eventually you tap out. Everyone feels nuts right now,” she said, “because what on earth are we supposed to do with the fact that we’ve had this incredible rate of change for so long. We think we’re keeping up with it, but our bodies are like, ‘Oh, actually no. We have no idea what’s going on.’ ”

Dissident Fringe

We are all overreacting to everything because we’ve come out of the stress of three years of a pandemic that has overlapped with such an incredible array of natural, industrial and political disasters anyone would be edgy. Oh and remember how we had 4 years of Trump? We are acting nuts because stress made us more reactive.

Some argue the great weirding goes back much further but the point is that we are all victims of a long now of persistent anxiety, exhaustion and adrenaline. I don’t know if we can even hear each other trying to grapple with problems in good faith because we are just so tired from being driven nuts by all this.

Imagine a future where this kind of endocrine draining stress simply never relents. And that’s the future I’m earning you about. Everything gets a little harder and less reliable. You trust everyone a little less. It’s harder to eat healthy and maintain healthy habits. It’s harder to trust mainstay civic services like schools, police, and the postal service. The roads are worse and infrastructure is crumbling and do I really need to tell you? Use your imagination

Decline is hard on the body and you need to be planning on how to manage disruptions if only so you can keep at the business of raising your family, going to work and trying to have a life.

If your ambitions outstrips these goals and you’d like to make money on the realignment of the world you will need to do more, build more, investment more. So I’d probably do some basic resilience work so you can maintain focus. If you want to make money trying to solve for the many customers all looking for solutions to all the shit that is going wrong you might want to stabilize your life with basic preparedness.

I don’t know what systems will evolve. But if we don’t start investing in them now we are in serious trouble. I’ve been investing in solutions that are venture scale for sometime. If you want to join me on this journey, DM me on Twitter or join as an LP