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The Absolute and the Relative
One of my favorite game theory experiments is the Ultimatum Game. It involves two participants and a sum of money, let’s say a hundred dollars. Participant A gets to choose how the hundred bucks is divided. Participant B can choose to accept this offer or reject it. If they accept, both participants keep the cash… Continue reading
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The End of Bitcoin
No, I’m not talking about the recent crash in price, wiping out 50% of the value of something that shouldn’t have a lick of sane value in the first place. I’m talking about the very real and inevitable end of Bitcoin. It’s all about entropy and algorithms. The number of Bitcoin is capped at 21… Continue reading
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Happy New Year
I’m sitting here in Tasmania, on the other side of the world from the small farming town in which I grew up, reflecting on the wild adventure my life has become. This past year was one of the best of my life, even as it contained some of the most difficult things I’ve ever wrestled… Continue reading
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This Needs to End
A second Hurricane Harvey swept across the country last week, leaving behind anguish, confusion, and a flood of tears. The Harvey Weinstein story follows closely after the Bill O’Reilly story, the Roger Ailes story, and the Bill Cosby story. Hollywood loves nothing more than remakes. But this story has got to end. Now. At a… Continue reading
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Dispatches from Silo 18
When I wrote about the silos in WOOL, one of the ideas I wanted to capture is the insanity of walling ourselves off from each other, and all the trillions we spend defending from and attacking one another, when we’re all in the same green-and-blue space-boat. Viewed from afar, it’s absolutely bonkers. Yet we persist.… Continue reading