January 20, 2022
Dick Bryan on macro. Investing in crypto should be understood both as a short position and a long position. What does that mean? The short position is a bet that currently-known assets are entering a period of uncertain prices and potentially general decline. As economic assets they are passé. But the long position involves seeing the cryptoeconomy not just as an alternative asset class within a capitalist economy, but as a different notion of an asset itself.
What is the ECSA vision? Why is capitalism under stress right now? Why are the central banks looking so fragile? Is it possible to get out of capitalism and its detrimental protocols, which are not so safe as it claims? Can capitalism short itself? Find out about the juxtaposition of politics and finance: the ECSA offer as a short position and a long position.
Could we think of a thresholding, a binding, an accounting system — a token valuation system — in which organizations operating within ECSA (the so called “economic spaces”, our version of 21st century modes of economic association) nominate the performance criteria by which they want their assets and output to be valued: ways that will specifically address the contributions of intangible capital and immaterial labour, so that social contribution can be recorded in ways that best befit those contributions?