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#Cathedral vs Casino

2 tagged essays
technology/2026-07-14
Human, All Too HumanFILE 00133K

Human, All Too Human

A chain promising decentralized machine intelligence now runs on the most human mechanism ever invented: capital, delegation, founder influence, validator politics, and control over who receives emissions. At least some of the builders are sincere. The work is at least sometimes genuine. The architecture asks the powerful to surrender what the architecture lets them keep.

01 / 33K / 11 minread
technology/2026-05-09
The Key and the BreadlineFILE 00226K

The Key and the Breadline

If Bitcoin had existed in 1929, it would have helped some people preserve wealth outside failing banks and hostile borders. It would not have saved most Americans from destitution, because most of the damage came through unemployment, foreclosure, and demand collapse. But if a Depression of that scale hit today, the rails are already in the ground, and a cypherpunk household could do things no 1933 family could imagine.

02 / 26K / 9 minread