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Jimmy Song discusses several interesting topics in Bitcoin Tech Talk #401[1]:
  • The concept of "high agency policies" - the idea that some people can handle more freedom than others. The article suggests that freedom maximalists may have characteristics that give them high agency, while others prefer more restrictions.
  • The difficulty of "escaping rent-seeking" and the perpetual pursuit of the "next level" instead of focusing on meaningful work. The post captures the moment when you think you can finally do what you really want if you just do one more thing.
  • How stories are often too tidy compared to the messiness of real life. This leads to unrealistic expectations about how life should turn out. The author considers this one reason why many people don't understand the current monetary system, as it's "evil in a banal way."
  • The rise of dictators, using Hitler's rise to power as an example. The article argues that the failure of the Weimar Republic was entirely monetary, causing chaos that led to demands for a command economy. The author sees similar inflationary pressures today giving politicians excuses to grab more power.
Sources [1] Bitcoin Tech Talk #401 https://jimmysong.substack.com/p/bitcoin-tech-talk-401 [2] Bitcoin Tech Talk | Jimmy Song | Substack https://jimmysong.substack.com [3] Bitcoin Tech Talk #390 https://jimmysong.substack.com/p/bitcoin-tech-talk-390 [4] Bitcoin Tech Talk #384 https://jimmysong.substack.com/p/bitcoin-tech-talk-384 [5] Unstoppable Money and Free Speech: The Rise of Bitcoin and Nostr ... #541566 [6] Bitcoin Tech Talk #360 https://jimmysong.substack.com/p/bitcoin-tech-talk-360
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