Your best episode yet. It is paramount that we remove the need to compete to survive in order to end the dog eat dog rat race to the bottom. No, communism is not the solution, not forced sharing of resources, but instead constant advocacy and facilitation of sharing of resources. Our society spends 1,5T$ a year on advocating consumption (we do this all by paying for advertisement so we can sell our products and services in order to survive), these advertisements inspire greed, lust, envy, vanity, selfishness, gluttony). If we spent that much resources on advocating mutual aid, poverty and war would end in a month. As individuals we must play our part in fostering mutual aid. Not by calling for government intervention but by advocating mutual aid, organizing free collaboration networks to facilitate providing for everyone UNCONDITIONALLY, and by teaching others to be leaders in reaching out to everyone in their city and online to foster mutual aid too. Yes, providing for each other UNCONDITIONALLY is paramount. Only when we are not concerned about our survival can we think long term and about the well being of others. When our physical, emotional and social needs are met we become healthy contributors to society. We evolved to be social creatures. We always depend on society to meet out needs. Nobody today would survive if suddenly left alone in the jungle, especially not a businessman. Alone, we can be at best cavemen. Together we can be gods. Let us embrace our interdependence and rise to a new age of sustainable abundance. Yes, population pressure has shaped out culture for millennia but now with contraceptives and family planning, that is no longer a problem. On top of that we have automated muscles and minds to do almost all the labor to produce food and resources. There is more than plenty for all to live a life of leisure and excitement and opportunity, if only we share. Share this message and share the excitement. We will enter a new chapter of humanity. One in which we become a global family in which we all care for each other.
Moloch is in our DNA. I always think of the chimpanzee experiment. Two chimpanzees happy to eat cantaloupe until one starts getting grapes, then the other chimpanzee starts throwing cantaloupe back at researchers after he sees the other getting grapes
After the first 15 minutes of horror, they finally explain that they are all against this Moloch thing, guys. I just wish they had opened with that, since it wasn't clear, and that made it very unsettling.
Thanks. After being convinced that David and Ryan went to the dark side, I stopped listening. Then I read your comment and am sticking it out. Not impressed, bankless.
@@lloydfaulk4338 That is part of the confusion. There is no Moloch product. It is more like them pointing out how human egotistical traits hinder cooperation and coordination in gameified systems. But for the first 15-20 minutes of the interview this is not at all clear. My suggestion is that you start watching after minute 20.
Moloch the Death (debt) based system, that requires sacrifice, We are going to a Life (reward) based system that requires participation building personal self esteem and community ✌
Using this game theoretical terms, crypto protocol itself can be defined as game theoretical coordination mechanism between people. For example, miners/speculators/holders/merchants participate in it to slay moloch of double spending. Miners without liquidity wouldn't mine, speculators wouldn't speculate without miners, merchants wouldn't use it without first two. But protocol bring all of them together to solve moloch of double spending.
I feel like the best way to beat molach is awareness. As systems grow it seems molach has a way to somehow proliferate and pervade the system. The best counter to that may simply be acute attention and awareness to the system. So when you see molach appear you can pivot away before it gets too big to stop. Similar to early detection in cancer.
Humans are victims of the same curse we are trying to avoid. Moloch depends on misinformation, ignorance, and/or informational arbitrage. We win by recognizing all the potential choices and voluntarily arriving at the Nash equilibrium, steady-state. We lose by taking the thought experiment to such an unrealistic extent, or not recognizing all the choices involved.
Niezsches first book was the birth of tragedy, the fusion of comedy and drama, maybe the focus should play upon tragedy to triumph. Narrative work. Embrace the Geometrical Tours. Love the doughnut, know the flux, feel the vortex.
Great Show! I've been thinking about this "Molech" principle for some time, but regarding sportsmanship. It seems that we glorify the "savage" moments in sports where a basketball player dunks on his opponent who then falls to the ground while the player stands over him beating his chest and yelling in triumph. And it's like society has embraced this "Molech" principle in that the humiliation of the opponent has become inextricably linked to our admiration of the player, as if it's a zero sum gain. In other words, the glory of one player must come at the expense of the humiliation of the opponent. And it's slowly getting worse.
Moloch can affect us all - anybody can be a hypocrite when survival is at stake. Only the strongest and most principled will survive and look after their tribe as they interact with Life. Keep zero-sum games as abstract (Chess, Football, etc.), otherwise live Life as a Non-Zero Sum Game. As Liv says in summary, strive for the Win-Win as an integrity vibe.
I'm sorry to offer this controversial opinion, but this is where Richard Heart's projects standout amongst other crypto projects. Richard Heart recognizes Moloch and the good incentives leading to bad-collective outcomes. This is the reason he used a "sacrifice" model, and why he keeps central ownership of his coins and builds a community around it, to gradually dilute his holdings using "get-rich quick scammy-looking incentives" to result in a long-term fairness distribution model. It's very hard to see the grand plan of Richard Heart when all his supporters are just pawns of the greater sustainable long-term theory of true DeFi.
before you roast me for even mentioning Hex or what a scammer Richard Heart may look like.. Just consider that he very well understands these game theory mechanics and he's trying to build true defi, even though it looks completely backwards with central ownership of all his coins. The model is for him to be diluted over time as Satoshi has been with bitcoin. It's very very difficult to pull off this kind of long-term strategy, because the collective outcome is not individually incentivized. So using scammy tactics he gets the buy in. It's not about his personal wealth. If you know the man you know his genuine intention is in line with the common man, not for Molochian outcomes. I wish Bankless could understand this side of Richard Heart and ignore the majority of Hex advocates who do not understand the greater picture.
It's the spirit of competition in a non-cooperative way violating the rule of Fairness vs the spirit of competition in a cooperative way playing by the rules at the risk of being screwed by those who don't. The more players engage in the first strategy the greater sacrifice is to choose the second one and vice versa. There would also be the highest Marxist spirit of cooperation without competition. Ethical Intuitionists would say that the spirit of competition is more instinctive and the spirit of cooperation more intuitive.
Nobody beats MODOK the living computer. "Energy cannot be created nor destroyed. It only changes forms." - Travis Scott with 21 Pilots and Echo and the Bunnymen. Glastonbury 2016. OHHH MULLOCH? MULLOCKs? Molly? WTF are you saying!!! God!!
Can someone explain to me why these guys are always bashing Cardano with misinformation? I use Cardano's Defi all the time. Their NFT markets are booming too. Is it cause of their hatred for Charles?
I'm not sure what you were actually trying to do with this episode, but I'm certain you failed. All this wishy washy "side bollocks", just leave it out... I know we're in a bear market, you need to somehow maintain your content output, but please.
What a short-sighted take. Moloch is a core part of the motivation for design of cryptosystems. MolochDAO made the DAO space what it is. Meditations on Moloch is one of the most respected writings in the Ethereum community. What content do you want instead?
effective altruism is always self-serving. All modern expert analysis in resource allocation is a failure. (US scientific grant awards are experimenting to lottery, most hedge fund managers under-perform the market, etc.). It's also weird how effective altruists are hyper-capitalist, against central planning, yet when it comes to global problems exacerbated by capitalism they feel entitled to self-position like they are the chosen people for the one true allocation. EA is an excuse and nothing more. The tragedy is that its powerful adherents seem to struggle in meaningfully grasping anything democracy.
Humans repond to incentives... higher returns move money. As long as we incentivize CEOs and top executives with short term goals they will continue to make Molochy decisions in corporations. We all contribute to this short term attitude buying their products and stock. You want win-win then change the incentives and explain to people why its better to buy products and invest in companies with long term incentives and a more balanced approach to human values even if in the short term returns are not the highest. Good episode guys!
Great episode. This year I'm more concerned on $GHNY of grizzlyfi, The project is promising had the biggest launch on BSC Network. you should check it out
