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probably the biggest blunder in nominal dollar terms, though I've had bigger percentage wise fucks ups before

no, long story short wonderland (an olympus DAO fork) was doing a ragequit at around backing price because the market price went under backing, (if your familiar with Olympus DAO mechanics). easy way to make a quick buck, because backing is mostly in stablecoins. anyway anway, I've been planning...

why do you keep posting old shitty movies.

I'm manic because I realized 30 min ago I need to get high to deal with this loss

"recycled" 4chan biz memes are probably some of the best. better then anything out of twitter.

guys I missed out on a free 80k because I didnt check my discord notifications because I got too high last night. I am not kidding. how do I cope with this.

intestinal parasites are quite useful actually. i've heard you can use em to lose weight

it would be more embarrassing for me to directly message him, so i simply post my questions and reactions here so there is some pretext of "open discussion"

it's a place for fans to ask questions to the almighty suspendedreason

Yeah so for example given a list of people's preferences for who should be president a social choice function picks a winner

It's a way of aggregating preferences/utility between a group of individuals. I.e logically formalizing collective decision making. Mechnaism design is a layer on top of this. It involves creating some incentive system or "mechanism" to "implement" the social welfare/choice function via...

Basically it comes from social choice theory. you take some set of preferences for each individual in the system and then create a function to translate those preferences into some collective group decision. It's used in voting systems for example

you would be totally right if it was merely a problem of complexity. with enough data we would be able to predict pretty accurately. but i think there are other considerations that make it very hard. not to say that the field can't improve. but I dont think it will ever quite be as "hard" as...

"zero knowledge orwellianism" i like that. but I'm inclined to disagree here. imo hard sciences are in part hard because the subject under study does not change its behavior when being observed and theorized about. the problem with macro is that theory is inherently intertwined with broader...

it doesn't help that financial and econ indicators are so hyperstitioinal n belief driven. for example supply driven inflation can lead to employees asking for more wages creating higher inflation expectations etc etc.

honestly i've given up on trying to understand macro. It's easy to understand the basic principles of macro but in real life there are so many competing signals I've sort of given up trying to understand it. so many macro guru's offering their take on the world econ but i honestly think no one...

reserve status is a big example, we can deficit spend and get other countries to pay for it bc companies countries need dollars and dollar denominated bonds. ofc that leads to other issues like trade deficits insofar as production becomes more expensive with strong dollar

@suspended been thinking about mechanism desing. and had a question. would you say a social choice function counts as a spirit of a procedure/law or the letter of the law. Its formualic and logically defined which makes it seem to be more the "letter", but at the same time it defines some some...

@suspended any idea where this footnote went?

i unfortunately did. In my defense I was at the airport