immanuel
The Impostors Way
A weekly podcast
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immanuel
The Impostors WayEpisodes
immanuel
The Impostors Way
A weekly podcast
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Episodes of The Impostors Way
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Easy money leads to unsustainable growth. It disincentivises profitability and incentivises the emergence of monopolies (or monopoly-like entities). Monetary policy (printing money and lowering interest rates) have acted like industrial grade f
Speculating keeps you humble, it reduces the amount of BS in the world. Speculation is making an educated guess. It is an opinionated take of how the future will look. A clear invalidation of this educated guess exists, meaning that one can kno
This episode is about what boxing taught me about avoidance strategies. When going through life we often get away with being ambiguous. We can avoid being wrong by not investing ourselves into any view of what the future will bring. But ever
As individuals we do not want to experience dementia, erosion nor inflation if we have a choice. We want to be able to learn from the past, we want to keep tools and materials if we can and also keep money we’ve earned for future endeavours.As
As is usual in December I am getting into a reflective mood as the year ends. For this "mood" to be for any value to you I’ll focus on a few key concepts I’ve learned and otherwise let smarter people talk. Quotes from four impactful books I’ve
Let me give you a 15 min run-down in simple words. I'll simplify things to get the point across, so you can decide whether or not this topic is worthy of further exploration for you. Check out the reading material if you want to get to the nuan
Transcript including sources and further reading: https://theimpostorsway.com/2021/12/11/21-what-is-the-metaverse/Facebook recently renamed itself to 'Meta' and like many you might be wondering what the hell that means.What is a or the Metav
First Interview on the Impostors Way. Huge thanks to Till for joining me in what was a super fun discussion. We covered time preference, running, entrepreneurship and touched on many other topics along the way. Give it a listen and make sure to
Exploring the question: Why does Bitcoin reduce violence?You'll learn about the nature of violence, property rights and Myanmar.In short, Bitcoin reduces the incentive of violence by ensuring that the holders wealth cannot be seized or stolen
Bitcoin offers real interest rates, a real savings tool. It gives the saver a greater sense of confidence that every sum she is able to save today will be buying her more in the future. Bitcoin has grown in purchasing power year by year on a
What makes us so short term oriented?We are literally down to 6 sec videos now on Instagram and TikTok. There is not much further we can push this.Fast food, fast fashion, fast money. What makes us so addicted to having things now? So impatie
Ideological Bitcoiners believe that giving individuals all around the world and no matter how rich or poor they are access to sound money is an important humanitarian goal.The reason for that is that historically powerful entities (kings or go
We've learned that everything from sea shells over salt to silver coins were once money. Some of those "moneys" did their job better than others but all were products of their time and served their purpose. They were the tools at hand serving i
Money is a tool to measure things. It's a language tool to express value on a linear scale. Like the temperature. We have some people expressing the temperature in Celsius and some in Fahrenheit and some in Kelvin. Okay, different unit of measu
Learn about what storing value means. We take the example of a/your grandma selling a hectare of land in 1950 for 100,000 dollars. If your grandma would have kept the money under her pillow and passed on paper bills those would be worth 1000 ti
So what is money? What does money do for you? It's a great question to ask because we use money every day.It's also a good question to ask what is "good money" and what is "not so good money". Just like we ask ourselves in other areas that tou
Lightning is for sure is the most real world application of Crypto right now on a large scale. Real world meaning in physical space, face-to-face. Of course people are transacting and moving hundreds of millions of dollars worth of value on Blo
So this is my non-investment advice. Don't be stupid just because other people are and some of those people made money being stupid.
Why do you get paid monthly? Why should you care? What can Bitcoin do about it?Today is about streaming value. It is very closely connected to the understanding that money should flow where value is created. That we've established in the chapt
Open protocols can provide services like companies do and are built just like other products are. But they do not have a central decision maker. They don't have a CEO, a board of directors or similar structures. Until they do. But as you can im
The general concept behind a digital pseudonym is to build coherent relation to identity without doxxing oneself. Doxxing is the act of publicly revealing previously private information about yourself.For this pseudonym to be useful it needs t
Learn with me about 'digital public goods'. What are 'public roads' of cyberspace? How we make sure they are accessible to all members of society? Namely we'll cover decentralised social media as one very interesting use case of blockchain b
Covering NFTs, "tokenising people" and "direct marekts" in this chapter. The question we want to answer is: How can blockchain help creatives to get paid for their work?In my personal opinion the creative space on blockchain is one to watch. R
The simplest summary I’ve heard here is that “fintech is building the new frontend for the financial system while blockchain based protocols are replacing the backend”Read up: https://theimpostorsway.com/2021/07/18/blockchainland-chapter-4/
"An open decentralised system is one in which the entry of peers is not regulated. Any peer can enter or leave the system at any time." (src)The axis between decentralisation and centralisation has trade-offs. For the last decades the world ha
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