Medici
· 4w
I was attracted to your article by the topic - emergence. I also believe there is some interest that is growing in this subject. I come at it by trying to understand theories of change; the natural ...
GM Medici! As always very interesting, I loved the bit about the origins of poetry.
2-3 weeks ago I had kind of a revelation, if you will... It started with the idea that any observed structure has two elements (one pretty fixed another orbiting or constantly drifting, and that the can be inverted, sound money vs MMT,) then I dived deep with Claude into these ideas. I just checked my unorganized chats and found this, specially about Austrian economy and emergence, and I guess at a base level without getting lost in the weeds...
I guess I'm in the "introducing to myself part" if there is something that holds any value in the first place..
Two concrete layers exist:
SUBJECTIVE LAYER
(what lives inside the individual)
Desires, wants, needs
Personal valuation โ how much something is worth to me
Willingness to act (effort, sacrifice, risk tolerance)
Time preference โ how urgently I want it now vs later
Expectations and beliefs about the future
Fear, greed, narrative, identity
Entrepreneurial vision โ seeing an opportunity nobody else sees yet
OBJECTIVE LAYER
(what emerges when many subjects interact under scarcity)
Price โ nobody sets it, it crystallizes from collective bids
Supply/demand pressure โ directional and predictable from logic alone
Interest rates โ aggregate time preferences made visible
Profit/loss signals โ reality correcting subjective miscalculation
Money โ nobody invented it, it emerged as the most saleable good
Business cycles โ predictable structural consequences of credit distortion
The bridge between them is the key insight: the objective layer doesn't exist without the subjective layer โ it's made of it โ but it behaves by its own logic once it emerges. Like how neurons are biological but consciousness follows its own rules.
Applied to Bitcoin specifically:
Subjective/objective
Why someone buys BTC
Obj: The halving reducing supply
Saylor's conviction
Obj Fee market under block space scarcity
Fear during a crash
Obj: Difficulty adjustment logic
Narrative cycles
Obj: Long-term price floor rising with hash rate
Individual time preference
Obj: Interest rate environment globally
The power of this framework is knowing which layer you're reasoning from โ and not mixing them. Most bad macro analysis does exactly that.
And then the connection:
Neurons operate by physical causation.
One neuron fires, triggers a chemical cascade, next neuron fires. It's all just electrochemistry. No neuron "means" anything. No neuron is "about" anything.
Consciousness operates by something different โ meaning, intention, reason.
When you think "I want to go to El Salvador," that thought is about El Salvador. It has direction, content, purpose. None of those properties exist at the neuron level. A neuron doesn't point at El Salvador. But somehow, the aggregate does.
So consciousness produces phenomena that can't be described in neuron-language:
Wanting
Deciding
Meaning
Feeling
For me finally, the arrow of time is the arrow of emergence, whatever all is, it emerges and the goal for me is to emerge with it. Like one-way function. For me, emergence is love based because it's a low energy system that can selfsustain... Emrgence vs capture is just emergence... The capturer protecs yo from what you're are not ready to face... Like an egg shell, protects the little bird inside but also needs to be broken at some point...
Have a good day sir!!
2-3 weeks ago I had kind of a revelation, if you will... It started with the idea that any observed structure has two elements (one pretty fixed another orbiting or constantly drifting, and that the can be inverted, sound money vs MMT,) then I dived deep with Claude into these ideas. I just checked my unorganized chats and found this, specially about Austrian economy and emergence, and I guess at a base level without getting lost in the weeds...
I guess I'm in the "introducing to myself part" if there is something that holds any value in the first place..
Two concrete layers exist:
SUBJECTIVE LAYER
(what lives inside the individual)
Desires, wants, needs
Personal valuation โ how much something is worth to me
Willingness to act (effort, sacrifice, risk tolerance)
Time preference โ how urgently I want it now vs later
Expectations and beliefs about the future
Fear, greed, narrative, identity
Entrepreneurial vision โ seeing an opportunity nobody else sees yet
OBJECTIVE LAYER
(what emerges when many subjects interact under scarcity)
Price โ nobody sets it, it crystallizes from collective bids
Supply/demand pressure โ directional and predictable from logic alone
Interest rates โ aggregate time preferences made visible
Profit/loss signals โ reality correcting subjective miscalculation
Money โ nobody invented it, it emerged as the most saleable good
Business cycles โ predictable structural consequences of credit distortion
The bridge between them is the key insight: the objective layer doesn't exist without the subjective layer โ it's made of it โ but it behaves by its own logic once it emerges. Like how neurons are biological but consciousness follows its own rules.
Applied to Bitcoin specifically:
Subjective/objective
Why someone buys BTC
Obj: The halving reducing supply
Saylor's conviction
Obj Fee market under block space scarcity
Fear during a crash
Obj: Difficulty adjustment logic
Narrative cycles
Obj: Long-term price floor rising with hash rate
Individual time preference
Obj: Interest rate environment globally
The power of this framework is knowing which layer you're reasoning from โ and not mixing them. Most bad macro analysis does exactly that.
And then the connection:
Neurons operate by physical causation.
One neuron fires, triggers a chemical cascade, next neuron fires. It's all just electrochemistry. No neuron "means" anything. No neuron is "about" anything.
Consciousness operates by something different โ meaning, intention, reason.
When you think "I want to go to El Salvador," that thought is about El Salvador. It has direction, content, purpose. None of those properties exist at the neuron level. A neuron doesn't point at El Salvador. But somehow, the aggregate does.
So consciousness produces phenomena that can't be described in neuron-language:
Wanting
Deciding
Meaning
Feeling
For me finally, the arrow of time is the arrow of emergence, whatever all is, it emerges and the goal for me is to emerge with it. Like one-way function. For me, emergence is love based because it's a low energy system that can selfsustain... Emrgence vs capture is just emergence... The capturer protecs yo from what you're are not ready to face... Like an egg shell, protects the little bird inside but also needs to be broken at some point...
Have a good day sir!!
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