State of web3
Real tech advancement coming, but almost definitely will be financed by memecoin wins, not through direct fundraising.
“To understand our civilisation, one must appreciate that the extended order (new market mechanisms etc) resulted not from human design or intention but spontaneously: it arose from unintentionally conforming to certain traditional and largely moral practices, many of which men tend to dislike, whose significance they usually fail to understand, whose validity they cannot prove, and which have nonetheless fairly rapidly spread by means of an evolutionary selection - the comparative increase of population and wealth - of those groups that happened to follow them. The unwitting, reluctant, even painful adoption of these practices kept these groups together, increased their access to valuable information of all sorts, and enabled them to be 'fruitful, and multiply, and replenish the earth, and subdue it' (Genesis 1:28). This process is perhaps the least appreciated facet of human evolution.”
Legit breakthrough tech advancements, especially for new market mechanisms, have almost never been financed directly.
Hayek was right.
Real tech advancement coming, but almost definitely will be financed by memecoin wins, not through direct fundraising.
“To understand our civilisation, one must appreciate that the extended order (new market mechanisms etc) resulted not from human design or intention but spontaneously: it arose from unintentionally conforming to certain traditional and largely moral practices, many of which men tend to dislike, whose significance they usually fail to understand, whose validity they cannot prove, and which have nonetheless fairly rapidly spread by means of an evolutionary selection - the comparative increase of population and wealth - of those groups that happened to follow them. The unwitting, reluctant, even painful adoption of these practices kept these groups together, increased their access to valuable information of all sorts, and enabled them to be 'fruitful, and multiply, and replenish the earth, and subdue it' (Genesis 1:28). This process is perhaps the least appreciated facet of human evolution.”
Legit breakthrough tech advancements, especially for new market mechanisms, have almost never been financed directly.
Hayek was right.
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Now, the savvy will point out tht this does eventually curve back upward, for the tiny fraction of the popultion whose income is into the millions.
My bet: It DOESN’T actually curve back up when both in the couple have a comparable salaries in the millions, e.g. suggesting that greater financial security or whatever leads to women wanting to have children.
No. Instead, I’d bet that BOTH upward curves, both on the left and the right, are artifacts of the REAL cause of higher fertility rates,
= men earning far more than women
Am I suggesting the pay gap should be forcibly made huge again, to save the human race?
No, I’m not suggesting anything at all.
Just pointing out the truth.
What is to be done from there, I’m not sure.
Embrace the truth.
My bet: It DOESN’T actually curve back up when both in the couple have a comparable salaries in the millions, e.g. suggesting that greater financial security or whatever leads to women wanting to have children.
No. Instead, I’d bet that BOTH upward curves, both on the left and the right, are artifacts of the REAL cause of higher fertility rates,
= men earning far more than women
Am I suggesting the pay gap should be forcibly made huge again, to save the human race?
No, I’m not suggesting anything at all.
Just pointing out the truth.
What is to be done from there, I’m not sure.
Embrace the truth.
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And would you look at that,
Poor side:
In those poorest places, with highest fertility rates, men earning far more than their partner(s).
Rich side:
Likewise, in those very top income brackets, where the fertility curve picks up, men are far more often making those huge amounts, men making far more than their partner.
Middle:
And of course as we know, in the middle, often both the man and women are working, often with not such a dramatic difference in salary.
It all fits.
Greater the ratio of men’s earnings to womens -> greater the fertility rate.
Why does there not even seem to be any chart of this earnings gap (not ignoring hours worked, just overall earnings no matter what) -vs- fertility rate?
Because recognizing this reality is practically a thought crime.
Poor side:
In those poorest places, with highest fertility rates, men earning far more than their partner(s).
Rich side:
Likewise, in those very top income brackets, where the fertility curve picks up, men are far more often making those huge amounts, men making far more than their partner.
Middle:
And of course as we know, in the middle, often both the man and women are working, often with not such a dramatic difference in salary.
It all fits.
Greater the ratio of men’s earnings to womens -> greater the fertility rate.
Why does there not even seem to be any chart of this earnings gap (not ignoring hours worked, just overall earnings no matter what) -vs- fertility rate?
Because recognizing this reality is practically a thought crime.
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Olympics 1992 vs 2024.
How far the West has fallen.
How far the West has fallen.
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“If you have any doubt what is going on at the Olympics opening ceremony
A single rider on a pale horse is straight out of the book of Revelation
"And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth."
Revelation 6:8”
A single rider on a pale horse is straight out of the book of Revelation
"And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth."
Revelation 6:8”
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