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MJ617's avatar

Excellent letter today, Jordi!

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Brian P's avatar

This has Synchronicity with my daily contemplation.

Through surrender, we can free ourselves from being at the effect of the archetypes. The archetypes are obviously a collection of beliefs and feelings and are, therefore, programs like any other. The individual who uses the mechanism of surrender to let go of programmed beliefs and feelings has the power of choice over the archetypal patterns, rather than unconsciously being run by them.

Daily Reflections from Dr David R. Hawkins 365 Lessons on Surrender, Healing, and Consciousness.

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Mark Miclette's avatar

I first heard of bitcoin in 2013. I just blew it off even though my nephew, a brilliant young man already working on AI, recommended I buy just ten bitcoin for about $1,000. I saw it as just throwing away money so I passed.

Fast forward to 2017, when it was $800. I totally 'got it' at that point, so I bought some and sold it because everyone I spoke to about it insisted it was a scam.

Two years ago I finally broke down and dove in head first, and every day I struggle with how to explain bitcoin to friends and family who to this day, see it either an unsafe asset, or at the least a novelty that deserves no more than $100 a month of their investment.

What is the secret sauce to help people see what we see... even though the dozens of explanations that make total sense to me, don't move most to act? This reminds me so much of what I went through in 1993 when I was selling real estate advertising for a paper magazine that also put up a website. At that time the realtors responses were: "No one uses the world wide web because the real action is on America Online."

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Cameron invests's avatar

What comes after Bitcoin is fully accepted by society? It has arrived. Then its ownership starts to become concentrated in a new wealthy class. No fear of dilution, no inflation. But no protection against concentration! Just like gold in the age of gilded plutocrats and robber barons. And so, wars and piracy and confiscation and revolution, and a whole “fourth turning” of belief back toward a “democratic” currency that can be diluted “when necessary” by a benevolent central bank who looks out for the people.

Just a creative thought :)

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FabHODL's avatar

Definitely preaching to the choir regarding bitcoin. However, it triggered a thought of mine about AI.

I’ve been thinking about creativity and AI. For the purpose of discourse, I’m going to push back a little bit about creativity and the tie in with emotion that you wrote about.

Yes, we’re humans and we want to think that creativity is triggered by our emotions, but is it really not creativity without it?

You presented “combinatorial creativity”. Isn’t that what humans do on a more inept basis? After all, AI can create combine almost all content ever imported to the internet. And now, with sensory AI, it’s becoming even more comprehensive. Humans are limited in this way in accessing information.

As a sentient, emotional being, I want to believe that creativity must be human to be authentic, but that notion has been officially challenged even in these early days of AI.

So, I’ll leave you with this question, based on your creative path to Bitcoin, could or would AI have gotten there too?

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Herrsosa's avatar

As always - thanks Jordi.

"creativity requires openness to ambiguity" - this is an important point and goes both ways.

I am a "bitcoin bull" (your writing has even strengthened this). However, I think it worth listening to reasonable critics. A common critic of bitcoin being centralizing, is worth considering.

Also, Mike Green suggested a POSIWID (purpose of system is what it does) analysis for bitcoin. The output is interesting: "The purpose of Bitcoin is to serve as a volatile, decentralized, digital asset that functions as a speculative store of value, a tool for financial and regulatory arbitrage, and a technological symbol of libertarian ideology. "

what is your response to the reasonable critics?

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Ben Mahon's avatar

Amazing jordi. If you haven't already, read 'Mastery' by Robert Greene. Similar themes and concepts, amazingly well researched and written.

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jeremy emmerson's avatar

You have beautifully articulated the creativity in finance 🙏

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Green Rox's avatar

Wow. Speechless.

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Valentina's avatar

Beautiful essay! I recognize myself in your experience as a bicoiner. And to open your mind even more, and follow your innate curiosty, I suggest you listen to this amazing video where Tom Campbell explains how you can "set an intention for future probabilities".

https://www.youtube.com/watch?v=gFka_huRM38&list=WL&index=2

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Dustin Sandoval's avatar

Solid post. Check out The Medici Effect. It’s a book that discusses how many creative breakthroughs happen at the intersection of two disciplines/ideologies. Another good walk in the park with GPT listen 👊

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