Bitcoin is an asset class first and a currency second

With Bitcoin blasting past the $2,000 barrier, the doubters are at it again> Bitcoin is a Speculative Asset, Not a Currency, Says Economics Professor Bitcoin does not make a good currency for two key reasons: its unstable value and its slow transaction time. Dorfman claims the most important feature a currency has is being a… Continue reading Bitcoin is an asset class first and a currency second

Anti-democracy, part 4

This BS is not going to go away though, impeachment or not. Clinton has Saudis and emails; for Trump it’s Russians and memos. One problem with politics is that it attracts people who seek power and status, so they will do anything to attain and keep it, because power and status in democracies is fleeting.… Continue reading Anti-democracy, part 4

Mole in the White House

Trump Told Russians That Firing ‘Nut Job’ Comey Eased Pressure From Investigation The conversation, during a May 10 meeting — the day after he fired Mr. Comey — reinforces the notion that Mr. Trump dismissed him primarily because of the bureau’s investigation into possible collusion between his campaign and Russian operatives. Mr. Trump said as… Continue reading Mole in the White House

Not Worried About Comey Memo

As everyone knows, Trump’s impeachment odds have surged due to recent revelations of possible ‘obstruction of justice’ following Comey’s disclosure to the NYT, and consequently the S&P 500 fell nearly 2%. Here are some reasons why I’m not worried and why the market will rebound soon: None of Trump’s action constitute an impeachable offense. Trump… Continue reading Not Worried About Comey Memo


Accelerationism: how a fringe philosophy predicted the future we live in Between 2005-2007, I wrote (although not here) about an ‘acceleration phase’, as part of other ‘-isms’ I had coined (smartism, spendism, paymentism) to describe rapid changes in society, although it never occurred to me that one could create an entire philosophy around it. Over… Continue reading Accelerationism

Masculinity and Risk Taking

From Dionysus Powell: This was a fascinating read, and there’s something I’d like to chime in to add, in response to Philosophical Fight Club: Alt-Right Recruitment (and How to Fight it) So what does this have to do with alt right philosophy? To answer that, consider that alt right philosophy, what with its emphasis on… Continue reading Masculinity and Risk Taking

Silicon Valley’s Reality Check

It’s interesting how there is so much variation in the viralness of Scott’s posts. Some posts barely create a ripple, while others send waves throughout the high-IQ rationalist communities. An example of the latter is Scott’s most recent post SILICON VALLEY: A REALITY CHECK, which went viral on Reddit and Hacker News and was shared… Continue reading Silicon Valley’s Reality Check

Professional vs. Amateur Writing

Inspired by Vox Day’s post The IQ Delta Most writing guides focus on the writing process, such as developing a writing habit, not the quality of the writing itself. No amount of persistence, positive affirmations, or word counts will help if the writing itself is no good. The amateur is taken aback by criticism; the… Continue reading Professional vs. Amateur Writing

Clarification of Principles

Don’t Call Yourself a Libertarian Just another reason why one shouldn’t call themselves a libertarian if one actually believes in the writings of Rand and others, because the term has been hijacked. I prefer the term right-wing rationalism. But isn’t that just anarcho-capitalism? Why do we need more labels. Imagine an equilateral triangle with the… Continue reading Clarification of Principles