Monetary policy, Bitcoin, supply, and demand
January 19, 2021
One of Bitcoin’s many claims to fame is the fact that it provides a strong defense against inflation, with a supply mechanism that caps the total number of coins in circulation and controls the rate at which new money is created. This, in fact, points to how Bitcoin favors deflation, which incentivizes saving and allows us to clearly see progress in reduction of prices of the goods and services we consume. Continue reading...
Books read in 2020
January 8, 2021
2020 was a strange year. The isolation and confinement brought about by COVID-19 meant that there was a lot of time to read, but also a lot less brainpower left at the end of the day. Continue reading...
Joshua Tree, 2020
December 17, 2020
In November, we rented a house in Indio with our friends, and drove down to Southern California. Oddly, I didn’t take any photos at the house, but I took a bunch on the couple of trips we did into Joshua Tree National Park that week. More...
San Francisco Hellscapes
September 10, 2020
In previous years, when fire season came around I took photos of the city skyline, complained about the raining ash, and marveled at how fires hundreds of miles away can impact our daily lives so much. Unfortunately, this is something I’m used to now, but yesterday was different. The air quality has been much worse than it was yesterday, even in recent weeks, but the sheer mindfuck of seeing the whole city shrouded in orange from dawn to dusk made it a truly surreal day.
I took most of the photos below around 1PM. There’s minimal postprocessing, and the little color correction that I did was to get the white balance closer to reality, instead of the reddish tones that the camera applied to the photos. If anything, these look a bit over exposed, brighter than reality. We’ve worked hard on making our cameras capture light to seem realistic under normal conditions, so it’s easy to forget technology does not actually capture reality. It’s hard to get this right. The map is not the territory. More...