Ekaterina Schulmann in her program introduces a distinction between news, meaning that which attracts attention, and events, meaning that which has consequences. For example, when I announced the debates between Litreev and Milov, it was news, but the debates never took place because Navalny returned to Russia, and everyone stopped caring about trifles.
A bit later, I announced a doublet of lectures by Alexei Nefedov and Alexander Kotov as part of the Ural libertarian lecture series. There was no broadcast of the lectures on the day they were held, and I soon conveniently forgot about them. But this event had consequences: after a considerable amount of time, the Ural libertarians channel quietly uploaded the recordings of the lectures, and I finally watched them.
1. Alexei Nefedov. Bitcoin and the Theory of Money.
The lecture first analyzed why money appears in human collectives at all, what function it serves, which types of money achieve wider distribution, and which rely solely on state coercion. Then it briefly described how Bitcoin is designed and why this construction ensures its wide adoption and price growth. Finally, it explained why Bitcoin never actually became money, but instead turned into a defensive financial asset.
The parts about economics were clear and interesting enough for me. Where it concerned technology, I didn’t dive too deep, trying not to be intimidated by phrases like “quantum superposition.” I learned some specific new details, such as how the rules for the Bitcoin network’s operation are changed, or how the price forecast was built based on the stock-to-flow model.
It seemed to me that it would have made sense to expand the topic of altcoins a bit more, but Alexei is a Bitcoin maximalist and apparently believes that if you don’t talk about them, they will disappear on their own.
2. Alexander Kotov. Technological Solutions to Social Problems.
I hoped to hear ready-made recipes in the lecture, but it turned out to be more philosophical than practical. Interestingly, Alexander believes that state actions are not the cause of problems such as, for example, censorship in social networks, but that these are purely social problems. It seems to me that in the absence of a state, these problems would at least be less acute, because attempts to silence opponents are linked precisely to the task of political dominance, which is nonetheless a state phenomenon. Nevertheless, several interesting recipes were mentioned in the lecture, for example, regarding moderation in large social networks that would significantly reduce social tension—through subscriptions to rating agencies that would act independently of the social network’s administration and provide services directly to its clients.
The lecture turned out to be quite sobering; it became much clearer to me why there is such low mass adoption of decentralized social networks, and now I am not entirely sure that I want to bother with it myself—at least as long as centralized solutions provide some room for maneuver.
At the end, Alexander demonstrated how a hardware wallet works; it was curious but not very clear, however, it is evident that it is a fairly paranoid piece of hardware that is unlikely to allow the user to lose their money in a very stupid way. Unfortunately, I don’t have enough money to be that obsessed with security, but it was interesting to watch.