Mischa on Nostr: Many people haven't understood what a zero entropy value system is. All heterodox ...
Many people haven't understood what a zero entropy value system is. All heterodox economic thought (Marx, Von Mises etc) from the 20th century is based on low entropy systems and has no application in a world governed by Bitcoin's monetary policy.
The fault lies in assuming one can extrapolate definable stock to flow metrics to infinity. The correct procedure is to observe quantifiable data from this new system and then interpolate backwards into the previous paradigm and only then, form conclusion. A lot of right wing individualists have made this error and 13 years of social media centralization has entrenched these false ideas.
Just a moment ago I confronted Knut Svanholm on Twitter about his false math and as usual here was his response (below). You, Svanholm, Ammous and countless others who place individuality over sociality need to learn. You can't fight math and it's time to retire dead ideas of the 20th century that only impedes the brilliance of bitcoin and is very counter productive to global adoption
The fault lies in assuming one can extrapolate definable stock to flow metrics to infinity. The correct procedure is to observe quantifiable data from this new system and then interpolate backwards into the previous paradigm and only then, form conclusion. A lot of right wing individualists have made this error and 13 years of social media centralization has entrenched these false ideas.
Just a moment ago I confronted Knut Svanholm on Twitter about his false math and as usual here was his response (below). You, Svanholm, Ammous and countless others who place individuality over sociality need to learn. You can't fight math and it's time to retire dead ideas of the 20th century that only impedes the brilliance of bitcoin and is very counter productive to global adoption