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Showing posts from September, 2019

Degenerate Agorism

Of course cultural degeneracy shouldn’t be “normalized.” The fact is, the recent conversation propelled by some right-libertarians has been entirely fallacious from the get-go. Cultural decline is the direct result of central bankers manipulating the rate of interest & in no way justifies the initiation of force on otherwise peaceful people. It helps to understand the root causes of social phenomena. Degeneracy is a function of time preference. Those with a high time preference generally place a higher value on present conditions than future conditions. These folks are more likely to engage in risky behavior like drug use, sexual promiscuity, & binge eating - preferring present satisfaction over the long term consequences of their behavior. In contrast, those with a lower time preference place a higher value on future conditions than present conditions. Since adults with children have a vested interest in future conditions, they tend to fall in this category. Also, since consu

Sports Betting & Blockchain

The sports betting industry is huge - Soccer alone attracts 250 million people willing to put money on what team is going to win or who is going to score. The industry is also extremely regulated in most of the world and heavily relies on money that can be traced and taxed. Sounds ripe for innovation, right? There are hundreds of projects out there that seek to be your next blockchain-bookie and competition is fierce, which is a good spot to be in if you are like me and like to do some gambling. It's not as good as it could be though - This post is going to be a wish list; A small injection of ideas of things that would really open my wallet (and hopefully others in the same swing). But before that, let's start with taking a peek at what's currently going on in the niche. Looking at some of the Current Ways to do Sports Betting with Crypto I don't see the point of places like BetOnline, who allows you to gamble with crypto but also follows all US regulation