Bitcoin Tech Talk #370
Reality of Coding Jobs - An excellent summary of what modern coding jobs are like. Sadly, like most engineering endeavors, there’s a significant amount of bureaucracy around it, which make the job much less enjoyable. I honestly wonder how much of modern coding jobs are rent-seeking and how much of that affects both salary and job satisfaction. Of course, every “job” is really having only one customer that you have to satisfy, and that definitely factors into the inefficiency.
Teen Jobs - This is an article every parent should read and it’s about how teens should be employed. The argument is that jobs are much better prep for life as an adult than sports, extracurriculars or even school. What I didn’t think about was just how infantilizing not having a job can be. The lack of market touchpoints is one of the reasons so many people have a distorted view of reality. I suspect that the more people worked and earlier, the less popular socialist policies would be.
Iteration vs Fully Formed - The point of the post is to explain how real innovation happens, which is to say, incrementally and based on a single purpose. Generally, products evolve and the feedback from the market is what causes them to get better. Products don’t come out fully formed, in other words. In many years of doing startups this has proven to be true. Focus on one feature the user really wants and add from there. That’s how you get more complex products. This, by the way, is why I find altcoins so incredibly stupid. They try to release fully formed products and find that there’s no use because they haven’t iterated at all. What’s worse, the blockchain part makes iterating incredibly hard.
What I'm up to
Principles of Economics - I talked to Saifedean about his latest book and we discussed a variety of topics, including unemployment, energy and homo economicus. His explanations on the main questions of economics were very well thought out, which you can tell because he explains with such clarity. The book should be required reading before anyone opines on economics.
Fiat Withdrawal Symptoms - I wrote this piece a while back for Bitcoin Magazine, print edition, and they finally put it out on the website. In it, I talk about the mental shift that you have to make as you escape fiat and enter into radical self-sovereignty. The freedom we gain comes with a whole lot of responsibility.
Mark Moss Interview - I was on Mark Moss’s iHeartRadio show to talk about the new book. We discussed the book writing process, the power giant corporations yield and the way fiat money keeps things static. We also had some back and forth about the what makes a rich person rich in a fiat economy and how they all engage in massive amounts of theft through inflation and loans.