— Steve Tadelis (link)
He who wishes to be rich in a day will be hanged in a year
— Leonardo da Vinci
No one knows anything about anything…
Once you understand that, the world makes much more sense.
— David Eifrig
The world is a complex place, and we’ve figured out very little of it… Doctors have great expertise, but the unknowns of how our body works far outweigh the knowns. The best policy advisers around the world can only offer sincere, reasoned suggestions… but no one knows what will happen in, say, the Middle East or with global trade or global climate change.
We work with the best educated guesses we can… That’s as good as it gets.
Civilization is not about more capital accumulation per se; rather, it is about what capital accumulation allows humans to achieve…
The security of their basic needs assured, and the dangers of the environment averted, people turn their attention toward more profound aspects of life than material well‐being and the drudgery of work. They cultivate families and social ties; undertake cultural, artistic, and literary projects; and seek to offer lasting contributions to their community and the world. Civilization is not about more capital accumulation per se; rather, it is about what capital accumulation allows humans to achieve, the flourishing and freedom to seek higher meaning in life when their base needs are met and most pressing dangers averted.
From “The Bitcoin Standard: The Decentralized Alternative to Central Banking“ By: Saifedean Ammous”
