imagine 10 years down the line when most cars will have some smarts & be networked & self-driving to some degree; you hear sirens, and your car asks you if you're willing to yield, for an immediate transfer of BTC, paid by the priority-seeker. if you accept, your car pulls over

you can even preconfigure a general policy for these situations to avoid the need for instantaneous decision making

this will naturally generalize to a pay-to-play state of the road w/ non-emergency vehicles utilizing the same infrastructure

is this bad, good? it's inevitable.

this is even beneficial for the anticar crusaders, who resent the portion of their tax money that maintains the road infrastructure; you can monetize them using these same rails! pay a toll to enter, tax the priority fees.

financialization allows for alignment of incentives

finance is unsavory only when it's visible; everyone knows its uncouth to talk too much about money. just like the plumbing, it should quietly work in the background w/o us having to speak of it.

ubiquitous microtransactions will bring us into the glorious hypercapitalist future

so much of the modern world is inefficient and kafkaesque precisely bc of the lack thereof; every interaction point between multiple systems is inherently a market, but typically a private and inefficient one, not allowing for competition or price discovery, allowing for rackets

while some resent the financialization of the world, it's, on the contrary, a very good thing; an at-scale society is a massively complex system, requiring many more regulatory controls to keep parameters within bounds

the requisite compute power scales nonlinearly

often those who oppose market mechanisms instead advocate for policy/enforcement-based solutions. while these work in certain settings, their core challenge is that they face the central planning problem: the state cannot be everywhere at once

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RT @pee_zombie
money is the secret sauce that enables this decentralized capability; it is the medium thru which information flows, the luminous aether of the economy

a fungible intermediate…
https://twitter.com/pee_zombie/status/1496160823181516808

this problem space is structurally similar to that of cognitive architecture, as both fall within the domain of cybernetics; a society is a mind writ large, and as such manifests the same sort of dynamics & pathologies a human does

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RT @pee_zombie
cognitive architecture is the name of this game; how does one structure their mind such that they are maximally adaptable? what tradeoffs are acceptable to achieve this? and for whom is th…
https://twitter.com/pee_zombie/status/1544497882941865987

what sort of mind will our society need to survive the looming informational apocalypse? we find ourselves traversing multiple singularities across domains; what sort of cybernetic refactor need we together undergo to become robust against its trials?

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RT @pee_zombie
wherein one distills their essence to a set of values/beliefs/heuristics and uploads to the noosphere in whatever form most accessible to them, be it literary, corporat…
https://twitter.com/pee_zombie/status/1615228281909030919

hyperfinancialization is the accelerationist's approach to the unique set of circumstances facing us; by biting the bullet of class stratification we achieve the computational efficiencies bridging us across this looming catastrophe

it's coordination problems all the way down