Property is information - Deepstash
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Property is information

Property is information

It is not the actual asset. It's the negotiated right to bear responsibility for an asset. And to own the fruits of exploiting an asset.

ex: when u own land it means the member of society agreed to your right of deciding to plant an orchard and to own the fruits from such an enterprise.

114

734 reads

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Inflation is theft

We tend to think we are living in a market driven economy but all our institution rely on a state bank that has monopoly on money. And printing money is how a state interferes and controls its economy.

But inflation, the cause of such a practice (modernly known as quantitive easing)...

117

511 reads

Volatility is truth

Entropy, the second law of thermodynamics, states that every closed system tends towards greater disorder. But life, as expressed through the Logos, is the anti-entropic system: we are converting chaos into order. It is an ancient religious belief but also what entrepreneurs are ...

116

427 reads

Money & Morality

Money & Morality

Long-term economic thinking is conducive to moral behavior. Low inflation helps us think long-term, allowing us to worry about the uncertain present while maintaining sanity over the future. 

ex: Think of a wine maker selling wine at $20/bottle. When a Central Bank doub...

115

471 reads

Property gave rise to the State

During the hunter-gatherer age, property was anything you could defend. Agriculture, however, allowed for economic surplus, which led to specialization & trade. For such a society to thrive property rights needs to be enforced without violence. 

States appeared as production protect...

111

583 reads

Bitcoin vs other crypto-coins

Bitcoin vs other crypto-coins

The type of money that wins in a competition (say bitcoin vs the others) will have the deepest liquidity and most network effects. 

Bitcoin so far has the most active participants which make it the default alternative to gold. 

113

562 reads

Money & Personal Sovereignty

Money & Personal Sovereignty

Sovereignty is directly linked to power. A king or a state are sovereign through the power they can exert on your body. But we tend to think that our minds are free from any intervention and that we can maintain our sovereignty.

Money matters, in this situation, because they represe...

131

1.02K reads

Intelligence is error correction

Humans have wants & needs and we express our values through our actions. As we move from a more valuable A to a less valuable B, we fall off course. Our intelligence is what allows us to error correct.

This definition presupposes purposes, which we tie to our consciousness...

107

385 reads

Markets and pragmatic truth

Pragmatic truth exists in addition to the absolute (scientific) one. Pragmatic truth deals with the practical subjective experience. This is what markets are good for. 

Markets generate 3 forms of pragmatic truth:

  1. Price: collective subjective demand of humani...

113

350 reads

What is money

Money is a universal means of exchange. A technology that is enabled by something that has the highest proportion of trading ability to its utility (gold can be used for trade but also for jewelry & chips).

Money needs 5 characteristics. It needs to be:

  1. ...

116

343 reads

Life is information propagating through flesh

Life is information propagating through flesh

We are ideas competing with each other. We manifesting through biological vehicles, which we call bodies. 

The theory came from Richard Dawkins Meme Theory: we evolve our ideas faster than our genes pushing the boundaries of biological evolution. 

111

504 reads

CURATED FROM

CURATED BY

vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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Money is a universal means of exchange. A technology that is enabled by something that has the highest proportion of trading ability to its utility (gold can be used for trade but also for jewelry & chips).

Money needs 5 characteristics. It needs to be:

  1. ...

What Turns People Into Gaslighters

  • The need to prove oneself right, or prove the other person wrong, to deflect responsibility, or to tear down the other person, is not a trait for most people by birth but is a gift of society.
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