Send us a text

You can read and write, but you can't code? You are illiterate.
This will be the case in the very near future, and while it may not matter for older generations, kids who don't learn to code will be at a massive disadvantage. There is a reason Computer Science is the least regretted major post-graduation.
In this episode we discuss the value of coding, probabilistic vs deterministic code, our preconceived notions before we started coding and our new understanding after learning to code and more.

Send us a text

Have you heard of our lord and savior, Bitcoin?

The similarities between bitcoin and religion are many. Both give people hope, both have extremely devout believers willing to die for their beliefs, both have apostles who spread the good word to others--but only one grants immortality by offering an afterlife.

In this episode, we discuss and compare Bitcoin to religions, and even venture into our ongoing anarchy debate that spans all episodes.

Warren Buffet often quoted as saying his haircuts cost $100k, so he cuts his own hair. But the opportunity cost of his haircut changes depending on his age; a $20 haircut in your 20s might cost you $100k, but in your 30s, it costs you only $50k, and in your 40s, only $25k, if not less.

If a haircut costs that much, what are your other spending habits costing you? Opportunity cost shows us that ten years of frugality, saving, and investing in your twenties is worth 20 or 30 years of frugality--or more--down the road.

Some of the topics we address in this episode:
Is YOLO advice a way to make us permanent wage-slaves?
Is the hustle/grind mindset actually how to become successful, or is it broken too?
What is the opportunity cost of investing?
What is the opportunity cost of being a wage-slave your entire life?
And more.

Send us a text

In this episode we break down the moral points made throughout the batman trilogy, starting with Ra's al Ghul telling Bruce that his parents death was his father's fault, while Bruce believes it is the criminal's fault, yet in court, the lawyers argue it was society's failure that caused this situation to exist in the first place.

Whatever your answer is, it applies to the second movie as well: is Rachel's death and Harvey Dent's transformation into two-face Batman's fault, the Joker's fault, or someone else's?

We dive into this and much more.

Send us a text

We all have a tendency to romanticize the past--whether it was actually good or bad, beautiful or ugly--we remember it with rose-tinted glasses. Is romanticism then a healthy coping mechanism to make us happier in our lives?

On the other hand, our romantic ideas of things often don't match reality. So is it dangerous, or do we forfeit control over our lives when we romanticize?

In this episode we discuss whether its beneficial or detrimental to romanticize, why we do it, and more--focusing on the more commonly romanticized things: romance itself, the past, the future, humanity, our professions, and war.

Send us a text

We have found a way to bypass the debt ceiling (which is an artificial ceiling anyway) without needing to wait for congress' approval: print the trillion dollar platinum coin.

Apparently, this was never just a meme. In this episode we discuss the implications of the trillion dollar coin, our debt ceiling, the pros and cons of printing the coin, and more.

Has America finally reached a point so absurd that the American people can't put up with it, or does the limit not exist?

Send us a text

With risk comes reward, but also liability. If we remove any worthwhile reward, we remove the incentive to take risk and assume liability, which causes stagnation.

The modern workplace is a game of who can minimize their liability the most--this also involves doing the least amount of work. The more work you do, the more likely you are to make a mistake; the more work you have, the more liabilities you have.

Misalignment of liabilities and rewards is a misalignment of the incentive structure and results in a dysfunctional world. In the 1930s and in the 1970s when we left the gold standard, owners of gold were liable for government and private fiscal irresponsibility. In 1989 and 2008, taxpayers were liable for government and corporate financial irresponsibility.

In this sense, FTX's collapse is a refreshing alignment of incentives. For once, taxpayers are not bearing the liability of irresponsible investors or the fraudsters--there is no government bailout. Instead, those who took risk are liable for their own actions.

Send us a text

Can a lie be morally wrong, but just? And if so, how can we know if a lie is just?
"All warfare is based on deception" -Sun Tzu
Yet militaries espouse honor as their greatest value.

In this episode we explore the nuances of lying, analyzing who you are lying to, the effect of the lie, what type of society you live in (are you in a den of thieves?) and more.

Send us a text

Nostr is a decentralized protocol and social media network that allows users to share ideas without risk or threat of censorship.

Users can run the client (application) and interact through number of different formats such as a twitter-clone or telegram-clone to name the more popular ones.

Key differences from twitter:
No ads, no banning or censorship, no algorithm for displaying posts (you see posts of people you follow in a chronological order)

Nostr uses cryptography to verify users and posts, and relays to relay messages amongst users.

Check out Nostr.com after listening!

Send us a text

Recapping 2022:

The most gruesome Bitcoin Bear Market yet.
Some hardcore Bitcoiners capitulating (Bitcoin TINA).
Others like Michael Saylor washing his Bitcoin (still legal as of 2022).

Is it morally wrong that Michael Saylor encouraged people to buy BTC at 16k, 30k, 60k? Or is it more immoral to encourage people to trade based on sentiment? 

Looking into 2023:

Macro-economic outlook seems bleak.
Bitcoin correlates with macro-environment (stocks, etc.)--until when?
Bitcoin is the liferaft (Episode 10)
Will we see more Exchange / investment firm failures? (LUNA, 3 Arrows Capital, Alameda Research, SBF).  Is Binance next?
What does Kanye West have to do with any of this?
Should we pay 30% tax converting Bitcoin to USD just to purchase a good or service? (Hint: No) Vendors accepting BTC as payment solves this issue.