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Internet Culture Media Startups

Day 815 and Kayfabe

Here is a mindfuck for you. Pretending works. The mimicry of the thing occasionally, though not mostly, can lead to having the real thing. Fake it till you make it” works if you’ve got a long enough runway to allow for take off. If you’ve judged the resources correctly is more art than science but you should still be able to do the math.

There are, of course, laws of physics to account for in all of this but your reality is more fungible than you realize. I wouldn’t try manifesting a whole fantasy world, but if you are Brandon Sanderson you might have a shot. That guy rocks.

In discussing whether it is better to fire founders or product managers on Twitter today I got to see a lot of the cargo cult culture of Silicon Valley coming off a high. A lot of people can perform innovation and we’ve maybe even got it down to being well liked by financial markets. But sometimes you actually do have to go and do the thing. And you can’t fake it.

If you aren’t familiar with kayfabe, it’s a term used in wrestling. It means you don’t break character loosely. You keep the secret even if everyone is in on it. You can take things a bit too far and the blending of fiction and reality has now given us a reality tv president.

But what happens when you don’t make the jump? Does reality crash in? Will the market punish you for not delivering on a convincing enough value proposition? Do you have to keep your ambition within some scope that can exist in our agreed upon reality? Yes of course. Fuck you it’s called civilization. But every once in a while someone goes from vapor ware to the Revolution. Don’t be so sure you can spot the difference though. Kayfabe doesn’t just fool rubes.

Categories
Politics

Day 811 and Hierarchy

I came across an interesting bit of reading on the relative stability of hierarchies of violence today. It’s a tidbit on a Substack so epistemic status is that I learned something and I’m thinking a lot about trust as we live through various crisis points in real time on networked media.

The article that starts with prison gangs and the weight of violent action on bosses and gets deep on hierarchical stability and selection pressures. I really do recommend the reading as it gets into Scottish kings, American federal bureaucracy, and military service academies.

I’m working on improving my theory of organizational structure because somehow I am one of the louder “thinks in public” about corporate governance and decentralized autonomous organization. It’s a bit of an accident as I am just very interested in how collectives organize resources at different scales.

Some of investing thesis surrounds a nexus of how we organize decentralized power when centralized powers wish us your in-group to be illegal or killed. It’s a salient question for all of us in an age of institutional failure and I’m keen to learn more about what works in the most adverse situations.

Skarbek might call this market competition for governance, an Italian futurist might say “War is the hygiene of the world”, a musician might say a rolling stone gathers no moss, a survivalist that the quickest stream is the freshest…But the phenomenon remains. the devil reigns in hell… because where else are you going to go

I’m a doomer but only because I’m keen to head off going to hell. I’d like to avoid us having to return to a Hobbesian war of all against all just because we’ve gotten a little tired of liberalism because it allows for out-groups to live and let live. So putting it out there that functional systems can be stable and maybe stability isn’t our only goal.

Categories
Emotional Work

Day 809 and Powerful

I’ve been through the gauntlet over the last month. And despite the nauseating rollercoaster of it all, I feel powerful. I am happy that I’ve drawn upon who I am and the boundaries required. It’s been liberating in a professional capacity but I can also see how my personal life got bigger and better as well.

The future is looking as uncertain as a Paul Atreides without the spice. I cannot see how it resolves. I see only hard choices and responsibilities both individual and collective. And I feel ready to hold my ground on what I contribute. But I will be holding others to theirs as well.

We’ve got a long ways to go. Many people do not wish to see things as they are. Issues both material and social are gripping America and by extension the world as the dollar hegemony comes into question over powerful institutional distrust. The power that comes in holding your gaze on what it could all mean and not turning to panic in fear is immense. I am not turning away.

I hold the knowledge that I can do everything right and still fail. I have faced the no win scenario. The Kobeyashi Maru of it all is that sometimes we lose. And we will feel it. And those feelings matter. But then we shoulder the burden and do what needs to be done. The only one who can save you is yourself. And I chose to see the power in the hard choices.

Categories
Politics Preparedness

Day 808 and Left Eye

I’m literally sick to my stomach. I’ve got a twitch in my left eye. We’ve got dozens of competing factions in a massive narrative war online gunning for total social collapse and I’ve got multiple actual real live friends I care about deeply who think that THIS IS IT. Lemmings off a cliff would not be too far off as a metaphor.

There are multiple state, corporate, private entities working on a narrative collapse. Every single one of us needs to push back and say no. My only advice is to simply ignore them if you have already done basic preparations for your own life. If you haven’t it’s probably too late to do much more than treat this like a snowstorm.

Maybe Trump gets arrested. Maybe the money printer goes brrr. But you should assess your own risks as a responsible adult. Get out cash, buy some bottled water and get groceries for the week and keep calm. If it is indeed times for guns and butter the price of Bitcoin won’t matter.

I know I committed to a daily discipline of writing and I am doing it but I want to get off the internet and sleep for a thousand years. I’ll never get any work done or maintain my health and sanity if I don’t. So I am writing this and going to go about my life. You should too. And please nobody flee to El Salvador. I’ll write again tomorrow but if I’m quiet it’s because I am refusing to add any more fuel to this narrative fire.

Categories
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
Emotional Work

Day 806 and Inputs

I’ve had a very intense month. In the past thirty days I feel like I’ve lived an entire lifetime of emotions.

I had some exciting but modestly controversial press in Vanity Fair about how chaotic the future looks in America. That brought a lot of attention and new LPs in chaotic.capital who want to invest in solutions for living in a rapidly changing future shocked world.

Then we were off to Mexico to celebrate my father’s 80th birthday and I had to grapple with complicated emotions on being present for family and the aspirations I have for a life that doesn’t align with disability.

Within a few days of getting back I had my sense making capacity crash override my brain into a snowblind. I thought I was going a little crazy but no it was because a bank collapsed. Then I heard some dog whistles about euthanizing people like me.

And finally I realized there is no point in doing my own writing in the wake of ChatGPT4 and decided that I’d do it anyways because organic human brewed content from Montana is fun to make.

It’s been an astonishing amount of inputs into my system and I am leaving out a lot of personal life details that I’ll leave folks to guess at. As exhausting as all of the above sounds it only represents a fraction of the work and emotional energy I brought to bear on expanding myself to meet this moment.

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.

Categories
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 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.