It's Friday and so time for another of my confessions series. This one is different. It's inspired by recent convos with @RaoulGMI which caused @ToStRo to recommend that I read @benedictevans ben-evans.com/presentations
How can I describe it? Well I drove to the health food store today streaming the wonderful KXLU - so I'm driving and listening and its the French Caribbean vibe and the radio station is broadcasting from close to LAX airport and its playing Engelbert Humperdinc's Lesbian Seagull
This week's show is a bit like that...I mean who writes that? "Fly with me, lesbian seagull To my little nest by the sea I know I can be strong when you're with me" And YouTube is so prudish, so I elected instead to call the pod, Is it Possible to Tokenise Knowledge?
We talk Freud. Of course we don't. Maybe we should? Freud described my problem as the narcissism of minor differences: the difference between contract and pay-as-you-go. Hedgies and pole-dancers, or lesbian seagulls for that matter, might seem poles-apart, but it's the same pole
You still haven't nailed the new book I'm reading? Crypto is anticipation mingled with uncertainty. That pathologically we get the same dopamine hit whether we win or lose. The dopamine jackpot or the magic of maybe...that an altered state is needed to reset an altered state
Crypto is c. $1.5 trn but the mkt caps of FB, Google et al are much > What if we could harness the dope that resides in crypto - the design feature that lends it to speculation - and throw in today's speculative feeding monetary regime. Such altered states could reset macro land
What if we could create assets around personal identities, the speculative empowerment of crypto harnessed to modern Fed policy to make you rich, hmmm? maybe that should be, less poor...At least we might solve for the gen Z issue of how to kickstart a platform with zero users...
The Feds enriched the 1pc with their equity & bond put, euro governments are targeting behaviour with their carbon emission pricing regime so why not decentralise the asset bubble and put a floor on the value of you? I'd buy you; you're worth it. Macro is changing...Macrotech?
Find it here or on the usual podcast sites
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