Great essay. Your best one yet.
An Austrian economist would probably sympathize with much of what you’re getting at, but it'd be good to clarify a few things.
Seeing the market as computation metaphor is useful, but I'd hesitate to describe markets strictly in terms of “computing” solutions in a technical sense, since prices are not outputs of the calculation itself but social expressions of exchange under subjective value through private property. From this angle, markets don’t solve an optimization problem so much as discover information that could not exist prior to action itself.
Also, where you said that economics has nothing to do with monetary policy should be rephrased. Like an Austrian would agree that economics is fundamentally about intertemporal coordination, but would stress that monetary institutions/policy matter precisely because they distort or clarify time signals through interest rates, credit expansion, capital investment structure. So in that sense, monetary policy is one of the main ways temporal coordination is either achieved or corrupted. Monetary policy isn't something peripheral as it affects time preference.
Lastly, on scarcity, I would be cautious about saying it can be “overcome" (Overcoming scarcity is a handy praxeological definition for Jannah). Even in conditions of extreme abundance, scarcity is a structural feature of human action, as wants expand and the tradeoffs never disappear. Oh and can't forget opportunity cost. So maybe I'd just call it an era of "extreme abundance" rather than overcoming scarcity itself. That said, your treatment of Bitcoin as something more than “digital gold” especially as a novel way of binding time, which reminded me of Gigi's essay "Bitcoin is Time", is genuinely interesting to me. Even from economic perspective, there’s clearly something here that goes beyond conventional monetary categories and deserves further exploration.
Muslim Bitcoiner
Mbitcoiner@Bitcoinmajlis.nostr1.com
npub1uzfp...57h3
Bitcoin cultist. Co-founder of Bitcoin Majlis. Author of Anti-riba Money.
This is an interesting feature that I think nostr apps should incorporate. I view nostr as a tribe building engine.
In legacy social media, users are algorithmically inventivized to follow and prop up influencers, and everyone is in a rage baiting rat race to get more engagement for potential revenue from social media overlords like Elon. The result is slop, predictably.
I think things are arranged differently here on nostr where people naturally gravitate toward a group of like minded people. I mean this happens on legacy SM, but the algorithm isn't geared toward that type of community building. I have a feeling that "influencers" don't really thrive here, and we should be building around that and cultivating an toxic environment that rejects legacy influencer behavior.
Growth on nostr should be about which tribes you're affiliated with, and your reputation with them, rather than how many mindless followers you've got. View quoted note →
Well this essay explains what's happening:
"The pseudo-news sites examined are low-quality content mills: opaque editorial structures, AI-generated material, recycled accounts, and a focus on social media reach rather than readership. Crucially, they often drop pointed propaganda and disinfo" View quoted note →

Amjad Taha, Muslim Brotherhood Maxxing and the Emirati Dysinfluencer Factory
Inside an AI-powered influence network linking Emirati influencers, pseudo-news sites, and the European far right
Bismillah 

Dave Chappelle is correct in pointing out that influencers are a negative because they're "internet people", Charlie Kirk included (sorry if this pisses you off, but influencers have no souls)
It almost seems like Chappelle would be the perfect candidate to onboard to Nostr, but I think he's just anti internet in general. But he may be swayed to make an anon nostr account. Would be an interesting conversation to have with him.
Another one. Zap em View quoted note →
But seriously what the heck is happening with the UAE recently?? It's like they recently cut their propaganda funding or they're using some shit tier promotional/marketing agency. I don't remember it being this egregious, or maybe I'm just now noticing. It's comical how bad it is.
"Whereas May derives both his meta-ethics and his political theory from the same source, namely, anarcho-capitalism, Assange shares his meta-ethics with virtue ethics and the romantic tradition but draws upon cybernetics and communication studies for his political theory. If one of the primary meta-ethical insights of crypto justice is that unjust societies tend to destroy the virtue of justice that is part of humanity’s inherently good nature, then the political theory of crypto justice diagnoses the institutions of power in an unjust society through a cybernetic theory of the state." View quoted note →
Bookmarking this for when I install @GrapheneOS soon View article →
Tim May just like me fr 😊
View quoted note →
View quoted note →Brother and I are printing some @SeedSigner cases
Just need the rest of the parts to build my own hardware wallet!


Currently reading. It's interesting to note that there are essentially two overall cypherpunk paradigms: "crypto anarchy" and "crypto justice". The former was promoted by Timothy May and the latter promoted by Julian Assange.


Once again I'd like to remind everyone that the ebook is free
If you found it to be beneficial, please send it to your families, communities, and local imams and whoever else would be interested
This is THE book to orange pill any Muslim! View quoted note →
Can't wait to try this! The interface looks smooth View quoted note →