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I like the idea that money both energy and information, while simultaneously being different things to different people. For Jeff Bezos, money is personal power

I like the idea that money both energy and information, while simultaneously being different things to different people. For Jeff Bezos, money is personal power and prestige, for McKenzie Scott, money is a tool for social good. Money Is Energy: George Mobus Discusses Biophysical Economics and Alternative Theories of Value - https://www.financialsense.com/contributors/george-mobus/biophysical-economics-energy-standard-money https://www.financialsense.com/contributors/george-mobus/bio... Bitcoin as Battery - https://www.nickgrossman.xyz/2021/bitcoin-as-battery/ https://www.nickgrossman.xyz/2021/bitcoin-as-battery/ Bitcoin Is Not a Battery - https://www.aier.org/article/bitcoin-is-not-a-battery/ https://www.aier.org/article/bitcoin-is-not-a-battery/ The medium is the message - https://en.wikipedia.org/wiki/The_medium_is_the_message https://en.wikipedia.org/wiki/The_medium_is_the_message Cybernetics - https://en.wikipedia.org/wiki/Cybernetics https://en.wikipedia.org/wiki/Cybernetics Blind men and an elephant - https://en.wikipedia.org/wiki/Blind_men_and_an_elephant https://en.wikipedia.org/wiki/Blind_men_and_an_elephant

openfuture 4y ago
If money is persuasion (i.e. I can pay you money to change your behaviour) then that explains perfectly why money is both energy and information.... Energy changes behaviour (that is literally how we reason about behaviour; in terms of energy). Let me try to justify "energy = persuasion" (which a very hippie way of seeing energy)we factor persuasion into the information that was presented and then the trust you place in that information. The more you trust the information the more it affects your behaviour. Clearly this is contextual! Depending on how you choose to interpret information you may have different assessments of trust. Energy is a more materialistic concept, the information would be the matter I suppose while the trust (which is contextual by above) has to be an assessment of the relation this information has to other information (matter in this case), i.e. you can easily obtain some kind of newtonian physics (drawing in the forces acting on an object as a way to assess how to trust this information in the context of material world). I think that we will soon be mature enough to accept that this is the case and we will be willing to read https://datalisp.is https://datalisp.is (so I don't have to write this over and over again). Legitimacy essentially has a similar role to gravity. It is a force acting on the trustworthiness of information; thereby affecting its' persuasiveness.

openfuture 4y ago

If money is persuasion (i.e. I can pay you money to change your behaviour) then that explains perfectly why money is both energy and information.... Energy changes behaviour (that is literally how we reason about behaviour; in terms of energy). Let me try to justify "energy = persuasion" (which a very hippie way of seeing energy)we factor persuasion into the information that was presented and then the trust you place in that information. The more you trust the information the more it affects your behaviour. Clearly this is contextual! Depending on how you choose to interpret information you may have different assessments of trust. Energy is a more materialistic concept, the information would be the matter I suppose while the trust (which is contextual by above) has to be an assessment of the relation this information has to other information (matter in this case), i.e. you can easily obtain some kind of newtonian physics (drawing in the forces acting on an object as a way to assess how to trust this information in the context of material world). I think that we will soon be mature enough to accept that this is the case and we will be willing to read https://datalisp.is https://datalisp.is (so I don't have to write this over and over again). Legitimacy essentially has a similar role to gravity. It is a force acting on the trustworthiness of information; thereby affecting its' persuasiveness.