Crazy Wisdom

Stewart Alsop
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Sep 29, 2025 • 55min

Episode #493: Decentralization as Culture: Trust, Truth, and the Future of Connection

On this episode of Crazy Wisdom, Stewart Alsop talks with Agustin Ferreira, founder of Neurona, an AI community in Buenos Aires. Their conversation moves through Argentina’s history with economic crises and the rise of crypto as an alternative to failing institutions, the importance of Ethereum and smart contracts, the UX challenges that still plague crypto adoption, and how AI and agents could transform the way people interact with decentralized systems. They also explore the tension between TradFi and DeFi, questions of data privacy and surveillance, the shifting role of social networks, and even the cultural and philosophical meaning of decentralization. You can learn more about Agustin’s work through Neurona on Twitter at Neurona.Check out this GPT we trained on the conversationTimestamps00:05 Agustin shares how Argentina’s economic crises and the Corralito shaped interest in Bitcoin and Ethereum, with smart contracts offering a way out of broken systems.00:10 They compare Bitcoin’s simplicity with Ethereum’s immutability and programmability, opening new use cases beyond money transfers.00:15 The discussion shifts to crypto’s UX problem, from jargon and wallets to agents and AI smoothing the user experience, with projects like Gina Wallet and Gigabrain.00:20 Stewart’s frustrations with NFTs and bridging tokens highlight why validators, restaking, and cross-chain complexity still matter for decentralization.00:25 Agustin reflects on TradFi merging with DeFi, the risk of losing core values, and how stablecoins and U.S. interest could spark a spike in crypto markets.00:30 They broaden into Web 2.0’s walled gardens, the need for alternatives, and how AI, data privacy, and surveillance raise urgency for decentralized systems.00:35 Social networks, culture, and hypercapitalism come into focus, with Agustin questioning fantasy online lives and imagining more conscious connections.00:40 The conversation turns philosophical, exploring religion-like markets, self-knowledge, and the hope for technology that feels more human.00:45 Stewart and Agustin discuss off-grid living, AI as a tool for autonomy, and space exploration shaping future generations.00:50 Agustin brings in the metaverse, both its potential to connect people more deeply and the risk of centralization, closing with Neurona’s mission in Buenos Aires.Key InsightsOne of the strongest themes Agustin brings forward is how Argentina’s long history of economic crises and the Corralito in 2001 created a natural openness to crypto. For his generation, trust in the peso was destroyed early, and holding dollars became the norm. This made decentralized alternatives like Bitcoin and later Ethereum feel less like speculation and more like survival tools.Ethereum’s introduction of smart contracts represented a decisive leap from Bitcoin’s simple ledger into programmable, immutable agreements. For young Argentines, this opened a space to innovate and build projects that weren’t dependent on fragile local institutions, and it felt like a path to opportunity in the midst of recurring instability.Agustin emphasizes that crypto still has a major UX problem. From confusing jargon to multiple wallets and bridges, it’s far from intuitive. He sees AI agents playing a transformative role in making transactions and investments seamless, removing technical friction so people can use crypto without even realizing the complexity beneath it.Bridging across blockchains reveals both the promise and challenge of decentralization. Tokens must be locked, represented, and validated across chains, and while this creates resilience, it also adds layers of risk. Agustin hopes the future will feel “like magic,” where these processes disappear from the user’s view.The rise of TradFi players in DeFi is double-edged. On one hand, it accelerates maturity and scale, but on the other, it risks eroding the original ethos of decentralization. Agustin worries about lost principles yet also anticipates a surge of new DeFi projects and stablecoin adoption driven by U.S. financial interests.Beyond finance, the conversation turns to the politics of data privacy and surveillance. Agustin argues that much of the motivation for decentralized systems is to resist manipulation, polarization, and weaponization of personal information—issues that AI will amplify unless paired with decentralized alternatives.Finally, both Stewart and Agustin reflect on culture, social networks, and even the metaverse. Agustin critiques hypercapitalism’s fantasy-driven platforms and envisions technology that enables more authentic human connection. Whether through off-grid living, space exploration, or decentralized metaverse communities, he sees a need to balance innovation with deeper human and philosophical questions about freedom and meaning.
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Sep 26, 2025 • 1h

Episode #492: From Peer-to-Peer to Cosmolocalism: Michel Bauwens on Building the Next World

Michel Bauwens, founder of the P2P Foundation, dives into the transformative potential of peer-to-peer dynamics, describing it as both a social relationship and technological framework. He reflects on the evolution of the internet, contrasting its early openness with today's fragmentation. Bauwens shares his personal journey through deplatforming and identity politics, linking them to historical cycles since 1968. He introduces cosmolocalism as a compelling alternative to traditional state and market models, advocating for regenerative villages and pragmatic localist alliances.
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Sep 22, 2025 • 1h 22min

Episode #491: Mystical Continuities from the Desert to the Digital Age

In this episode, Stewart Alsop speaks with Nico Sarian, Executive Director of the Eternity Foundation and PhD candidate in Religious Studies, about the strange currents that run through Armenian history, the fractured birth of early Christianity, and the survival of Gnostic and Hermetic traditions into the Renaissance. The conversation weaves through questions of empire and nation state, mysticism and metaphysics, the occult roots of modern science, and the unsettling horizon of accelerationism, drawing unexpected lines between the ancient world, the bureaucratic order critiqued by David Graeber, and our present entanglement with surveillance and identity. For more on Nico’s work, see The Eternity Foundation at eternity.giving.Check out this GPT we trained on the conversationTimestamps00:00 Stewart Alsop introduces Nico Sarian and sets the stage with Armenian history and the legacy of empire.05:00 The rise of early Christianity is traced, showing its fractures, Gnostic currents, and the persistence of esotericism.10:00 Hermeticism enters the frame, connecting mystical knowledge with the scientific spirit of the Renaissance.15:00 Empire versus nation state is explored, touching on bureaucracy, power, and identity.20:00 Mysticism and metaphysics are tied to questions of apocalypse, renewal, and hidden traditions.25:00 Nico brings in David Graeber, critiquing modern bureaucracy and how systems shape consciousness.30:00 Accelerationism surfaces, framed as both danger and possibility in modernity.35:00 Surveillance and identity are examined, echoing ancient struggles for meaning.40:00 Esotericism and religious syncretism are reconsidered as resources for navigating technological upheaval.45:00 The conversation closes with reflections on continuity, rupture, and the strange endurance of wisdom.Key InsightsOne of the central insights from Nico Sarian’s conversation with Stewart Alsop is that Armenian history carries a unique vantage point on the ancient world, positioned between empire and nation, East and West. Its survival under domination reveals how smaller cultures can preserve mysticism, ritual, and identity even within overwhelming imperial structures.The episode underscores how early Christianity was never monolithic but a field of competing visions. Gnostics, proto-orthodox bishops, and other sects fought over scripture, ritual, and authority, leaving traces of suppressed traditions that still haunt religious and philosophical discourse today.A powerful thread emerges around Hermeticism and Renaissance science, where occult traditions did not oppose but actively shaped early scientific inquiry. The magical and the rational were not enemies; rather, they grew together in ways that modern categories tend to obscure.Sarian and Alsop discuss empire versus the nation state, showing how forms of political order encode metaphysical assumptions. Empires sought transcendence through universality, while nation states leaned on identity and bureaucracy, each carrying spiritual implications for those living under them.Another insight is the role of mysticism and apocalypse as recurring frameworks for understanding collapse and renewal. Whether in ancient prophetic traditions or modern accelerationism, there is a yearning for rupture that promises transformation but also carries danger.David Graeber’s critique of bureaucracy becomes a lens for seeing how systems shape human consciousness. What appears as neutral administration actually molds imagination, desire, and even metaphysical assumptions about what is possible in the world.Finally, the episode points to the enduring tension between surveillance, identity, and esotericism. Just as ancient sects guarded secret knowledge from empire, modern individuals navigate the exposure of digital systems, suggesting that hidden wisdom traditions may offer unexpected resources for our technological present.
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Sep 19, 2025 • 57min

Episode #490: The Remnant and the Machine: Staying Human in an Age of Control

In this episode of Crazy Wisdom, Stewart Alsop speaks with Samuel, host of The Remnant Podcast, about the intersections of biblical prophecy, Gnostic traditions, transhumanism, and the spiritual battle unfolding in our age. The conversation moves from Dr. David Hawkins’ teachings and personal encounters with the Holy Spirit to questions of Lucifer, Archons, and the distortions of occult traditions, while also confronting timelines of 2025, 2030, and 2045 in light of technological agendas from Palantir, Neuralink, and the United Nations. Together they explore the tension between organic human life and the merging with machines, weaving in figures like Blavatsky, Steiner, and Barbara Marx Hubbard, and tying it back to cycles of history, prophecy, and the remnant who remain faithful. You can find Samuel’s work on The Remnant Podcast YouTube channel and follow future updates through his Instagram once it’s launched.Check out this GPT we trained on the conversationTimestamps00:00 Stewart Alsop welcomes Samuel of The Remnant Podcast, connecting through Dr. David Hawkins’ work and reflecting on COVID’s effect on consciousness.05:00 Samuel shares his discovery of Hawkins, a powerful encounter with Jesus, and shifting views on Lucifer, Gnosticism, Archons, and Rudolf Steiner’s Ahriman.10:00 They trace Gnosticism’s suppression in church history, Frances Yates on occult revival, the Nicene Creed, Neoplatonism, and the church’s battle with magic.15:00 Discussion of Acts 4, possessions, Holy Spirit, and Gnostic inversion of God and Lucifer; Blavatsky, Crowley, occult distortions, and forbidden knowledge in Enoch.20:00 Hawkins’ framework, naivety at higher states, Jesus as North Star, synchronicities, and the law of attraction as both biblical truth and sorcery.25:00 Transhumanism, homo spiritus, Singularity University, Barbara Marx Hubbard, hijacked timelines, Neuralink, and Butlerian Jihad.30:00 Attractor patterns, algorithms mimicking consciousness, Starlink’s omnipresence, singularity timelines—2025, 2030, 2045—and UN, WEF agendas.35:00 Organic health versus pod apartments and smart cities, Greg Braden’s critiques, bio-digital convergence, and the biblical remnant who remain faithful.40:00 Trump, MAGA as magician, Marina Abramović, Osiris rituals in inaugurations, Antichrist archetypes, and elite esoteric influences.50:00 Edward Bernays, Rockefeller, UN history, Enlightenment elites, Nephilim bloodlines, Dead Sea Scrolls on sons of light and darkness, Facebook’s control systems.55:00 Quantum dots using human energy, D-Wave quantum computers, Gordy Rose’s tsunami warning, Samuel’s book As It Was in the Days of Noah: The Rising Tsunami.Key InsightsThe episode begins with Stewart Alsop and Samuel connecting through their shared study of Dr. David Hawkins, whose work profoundly influenced both men. Samuel describes his path from Hawkins’ teachings into a life-altering encounter with Jesus, which reshaped his spiritual compass and allowed him to question parts of Hawkins’ framework that once seemed untouchable. This shift also opened his eyes to the living presence of Christ as a North Star in discerning truth.A central thread is the nature of Lucifer and the entities described in Gnostic, biblical, and esoteric traditions. Samuel wrestles with the reality of Lucifer not just as ego, but as a non-human force tied to Archons, Yaldabaoth, and Ahriman. This leads to the recognition that many leaders openly revere such figures, pointing to a deeper spiritual battle beyond mere metaphor.The discussion examines the suppression and resurgence of Gnosticism. Stewart references Frances Yates’ historical research on the rediscovery of Neoplatonism during the Renaissance, which fused with Christianity and influenced the scientific method. Yet, both men note the distortions and dangers within occult systems, where truth often hides alongside demonic inversions.Samuel emphasizes the importance of discernment, contrasting authentic spiritual awakening with the false light of occultism and New Age thought. He draws on the Book of Enoch’s account of fallen angels imparting forbidden knowledge, showing how truth can be weaponized when separated from God. The law of attraction, he argues, exemplifies this duality: biblical when rooted in faith, sorcery when used to “become one’s own god.”Transhumanism emerges as a major concern, framed as a counterfeit path to evolution. They compare Hawkins’ idea of homo spiritus with Barbara Marx Hubbard’s transhumanist vision and Elon Musk’s Neuralink. Samuel warns of “hijacked timelines” where natural spiritual gifts like telepathy are replaced with machine-based imitations, echoing the warnings of Dune’s Butlerian Jihad.Technology is interpreted through a spiritual lens, with algorithms mimicking attractor patterns, social media shaping reality, and Starlink rendering the internet omnipresent. Samuel identifies this as Lucifer’s attempt to counterfeit God’s attributes, creating a synthetic omniscience that pulls humanity away from organic life and into controlled systems.Finally, the conversation grounds in hope through the biblical concept of the remnant. Samuel explains that while elites pursue timelines toward 2025, 2030, and 2045 with occult enlightenment and digital convergence, those who remain faithful to God, connected to nature, and rooted in Christ form the remnant. This small, organic community represents survival in a time when most will unknowingly merge with the machine, fulfilling the ancient struggle between the sons of light and the sons of darkness.
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Sep 15, 2025 • 1h 5min

Episode #489: The Music Maker’s Stack: From Spotify to On-Chain Revenue

On this episode of Crazy Wisdom, I, Stewart Alsop, sit down with Sweetman, the developer behind on-chain music and co-founder of Recoup. We talk about how musicians in 2025 are coining their content on Base and Zora, earning through Farcaster collectibles, Sound drops, and live shows, while AI agents are reshaping management, discovery, and creative workflows across music and art. The conversation also stretches into Spotify’s AI push, the “dead internet theory,” synthetic hierarchies, and how creators can avoid future shock by experimenting with new tools. You can follow Sweetman on Twitter, Farcaster, Instagram, and try Recoup at chat.recoupable.com.Check out this GPT we trained on the conversationTimestamps00:00 Stewart Alsop introduces Sweetman to talk about on-chain music in 2025.05:00 Coins, Base, Zora, Farcaster, collectibles, Sound, and live shows emerge as key revenue streams for musicians.10:00 Streaming shifts into marketing while AI music quietly fills shops and feeds, sparking talk of the dead internet theory.15:00 Sweetman ties IoT growth and shrinking human birthrates to synthetic consumption, urging builders to plug into AI agents.20:00 Conversation turns to synthetic hierarchies, biological analogies, and defining what an AI agent truly is.25:00 Sweetman demos Recoup: model switching with Vercel AI SDK, Spotify API integration, and building artist knowledge bases.30:00 Tool chains, knowledge storage on Base and Arweave, and expanding into YouTube and TikTok management for labels.35:00 AI elements streamline UI, Sam Altman’s philosophy on building with evolving models sparks a strategy discussion.40:00 Stewart reflects on the return of Renaissance humans, orchestration of machine intelligence, and prediction markets.45:00 Sweetman weighs orchestration trade-offs, cost of Claude vs GPT-5, and boutique services over winner-take-all markets.50:00 Parasocial relationships with models, GPT psychosis, and the emotional shock of AI’s rapid changes.55:00 Future shock explored through Sweetman’s reaction to Cursor, ending with resilience and leaning into experimentation.Key InsightsOn-chain music monetization is diversifying. Sweetman describes how musicians in 2025 use coins, collectibles, and platforms like Base, Zora, Farcaster, and Sound to directly earn from their audiences. Streaming has become more about visibility and marketing, while real revenue comes from tokenized content, auctions, and live shows.AI agents are replacing traditional managers. By consuming data from APIs like Spotify, Instagram, and TikTok, agents can segment audiences, recommend collaborations, and plan tours. What once cost thousands in management fees is now automated, providing musicians with powerful tools at a fraction of the price.Platforms are moving to replace artists. Spotify and other major players are experimenting with AI-generated music, effectively cutting human musicians further out of the revenue loop. This shift reinforces the importance of artists leaning into blockchain monetization and building direct relationships with fans.The “dead internet theory” reframes the future. Sweetman connects IoT expansion and declining birth rates to a world where AI, not humans, will make most online purchases and content. The lesson: build products that are easy for AI agents to buy, consume, and amplify, since they may soon outnumber human users.Synthetic hierarchies mirror biological ones. Stewart introduces the idea that just as cells operate autonomously within the body, billions of AI agents will increasingly act as intermediaries in human creativity and commerce. This frames AI as part of a broader continuity of hierarchical systems in nature and society.Recoup showcases orchestration in practice. Sweetman explains how Recoup integrates Vercel AI SDK, Spotify APIs, and multi-model tool chains to build knowledge bases for artists. By storing profiles on Base and Arweave, Recoup not only manages social media but also automates content optimization, giving musicians leverage once reserved for labels.Future shock is both risk and opportunity. Sweetman shares his initial rejection of AI coding tools as a threat to his identity, only to later embrace them as collaborators. The conversation closes with a call for resilience: experiment with new systems, adapt quickly, and avoid becoming a Luddite in an accelerating digital age.
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Sep 12, 2025 • 1h

Episode #488: Responsibility as Freedom, Belonging as Wealth

In this episode of Crazy Wisdom, host Stewart Alsop sits down with Hannah Aline Taylor to explore themes of personal responsibility, freedom, and interdependence through her frameworks like the Village Principles, Distribution Consciousness, and the Empowerment Triangle. Their conversation moves through language and paradox, equanimity, desire and identity, forgiveness, leadership, money and debt, and the ways community and relationship serve as our deepest resources. Hannah shares stories from her life in Nevada City, her perspective on abundance and belonging, and her practice of love and curiosity as tools for living in alignment. You can learn more about her work at loving.university, on her website hannahalinetaylor.com, and in her book The Way of Devotion, available on Amazon.Check out this GPT we trained on the conversationTimestamps00:00 Stewart Alsop welcomes Hannah Aline Taylor, introducing Loving University, Nevada City, and the Village Principles.05:00 They talk about equanimity versus non-duality, emotional mastery, and curating experience through boundaries and high standards.10:00 The focus shifts to desire as “who do I want to be,” identity as abstraction, and relationships beyond monogamy or labels.15:00 Hannah introduces the Empowerment Triangle of anything, everything, nothing, reflecting on reality as it is and the role of perception.20:00 Discussion of Nevada City’s healing energy, community respect, curiosity, and differences between East Coast judgment and West Coast freedom.25:00 Responsibility as true freedom, rebellion under tyranny, delicate ecosystems, and leadership inspired by the Dao De Jing.30:00 Love and entropy, conflict without enmity, curiosity as practice, and attention as the prerequisite for experience.35:00 Forgiveness, discernment, moral debts, economic debt, and reframing wealth consciousness through the “princess card.”40:00 Interdependence, community belonging, relationship as the real resource, and stewarding abundance in a disconnected world.45:00 Building, frontiers, wisdom of indigenous stewardship, the Amazon rainforest, and how knowledge without wisdom creates loss.50:00 Closing reflections on wholeness, abundance, scarcity, relationship technology, and prioritizing humanity in transition.Key InsightsHannah Taylor introduces the Village Principles as a framework for living in “distribution consciousness” rather than “acquisition consciousness.” Instead of chasing community, she emphasizes taking responsibility for one’s own energy, time, and attention, which naturally draws people into authentic connection.A central theme is personal responsibility as the true meaning of freedom. For Hannah, freedom is inseparable from responsibility—when it’s confused with rebellion against control, it remains tied to tyranny. Real freedom comes from holding high standards for one’s life, curating experiences, and owning one’s role in every situation.Desire is reframed from the shallow “what do I want” into the deeper question of “who do I want to be.” This shift moves attention away from consumer-driven longing toward identity, integrity, and presence, turning desire into a compass for embodied living rather than a cycle of lack.Language, abstraction, and identity are questioned as both necessary tools and limiting frames. Distinction is what fuels connection—without difference, there can be no relationship. Yet when we cling to abstractions like “monogamy” or “polyamory,” we obscure the uniqueness of each relationship in favor of labels.Hannah contrasts the disempowerment triangle of victim, perpetrator, and rescuer with her empowerment triangle of anything, everything, and nothing. This model shows reality as inherently whole—everything arises from nothing, anything is possible, and suffering begins when we believe something is wrong.The conversation ties money, credit, and debt to spiritual and moral frameworks. Hannah reframes debt not as a burden but as evidence of trust and abundance, describing her credit card as a “princess card” that affirms belonging and access. Wealth consciousness, she says, is about recognizing the resources already present.Interdependence emerges as the heart of her teaching. Relationship is the true resource, and abundance is squandered when lived independently. Stories of Nevada City, the Amazon rainforest, and even a friend’s Wi-Fi outage illustrate how scarcity reveals the necessity of belonging, curiosity, and shared stewardship of both community and land.
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Sep 8, 2025 • 49min

Episode #487: Stablecoins as Weapons, Bitcoin as Escape: A Conversation on Money and Control

On this episode of Crazy Wisdom, Stewart Alsop sits down with Abhimanyu Dayal, a longtime Bitcoin advocate and AI practitioner, to explore how money, identity, and power are shifting in a world of deepfakes, surveillance, automation, and geopolitical realignment. The conversation ranges from why self-custody of Bitcoin matters more than ETFs, to the dangers of probabilistic biometrics and face-swap apps, to the coming impact of AGI on labor markets and the role of universal basic income. They also touch on India’s refinery economy, its balancing act between Russia, China, and the U.S., and how soft power is eroding in the information age. For more from Abhimanyu, connect with him on LinkedIn.Check out this GPT we trained on the conversationTimestamps00:00 Stewart Alsop opens with Abhimanyu Dayal on crypto, AI, and the risks of probabilistic biometrics like facial recognition and voice spoofing.05:00 They critique biometric surveillance, face-swap apps, and data exploitation through casual consent.10:00 The talk shifts to QR code treasure hunts, vibe coding on Replit and Claude, and using quizzes to mint NFTs.15:00 Abhimanyu shares his finance background, tying it to Bitcoin as people’s money, agent-to-agent payments, and post-AGI labor shifts.20:00 They discuss universal basic income, libertarian ideals, Hayek’s view of economics as critique, and how AI prediction changes policy.25:00 Pressure, unpredictability, AR glasses, quantum computing, and the surveillance state future come into focus.30:00 Open source vs closed apps, China’s DeepSeek models, propaganda through AI, and U.S.–China tensions are explored.35:00 India’s non-alignment, Soviet alliance in 1971, oil refining economy, and U.S.–India friction surface.40:00 They reflect on colonial history, East India Company, wealth drain, opium wars, and America’s rise on Indian capital.45:00 The conversation closes on Bitcoin’s role as reserve asset, stablecoins as U.S. leverage, BRICS disunity, and the geopolitics of freedom.Key InsightsA central theme of the conversation is the contrast between deterministic and probabilistic systems for identity and security. Abhimanyu Dayal stresses that passwords and private keys—things only you can know—are inherently more secure than facial recognition or voice scans, which can be spoofed through deepfakes, 3D prints, or AI reconstructions. In his view, biometric data should never be stored because it represents a permanent risk once leaked.The rise of face-swap apps and casual facial data sharing illustrates how surveillance and exploitation have crept into everyday life. Abhimanyu points out that companies already use online images to adjust things like insurance premiums, proving how small pieces of biometric consent can spiral into systemic manipulation. This isn’t a hypothetical future—it is already happening in hidden ways.On the lighter side, they experiment with “vibe coding,” using tools like Replit and Claude to design interactive experiences such as a treasure hunt via QR codes and NFTs. This playful example underscores a broader point: lightweight coding and AI platforms empower individuals to create experiments without relying on centralized or closed systems that might inject malware or capture data.The discussion expands into automation, multi-agent systems, and the post-AGI economy. Abhimanyu suggests that artificial superintelligence will require machine-to-machine transactions, making Bitcoin an essential tool. But if machines do the bulk of labor, universal basic income may become unavoidable, even if it drifts toward collectivist structures libertarians dislike.A key shift identified is the transformation of economics itself. Where Hayek once argued economics should critique politicians because of limited data, AI and quantum computing now provide prediction capabilities so granular that human behavior is forecastable at the individual level. This erodes the pseudoscientific nature of past economics and creates a new landscape of policy and control.Geopolitically, the episode explores India’s rise, its reliance on refining Russian crude into petroleum exports, and its effort to stay unaligned between the U.S., Russia, and China. The conversation recalls India’s Soviet ties during the 1971 war, while noting how today’s energy and trade policies underpin domestic improvements for India’s poor and middle class.Finally, they critique the co-optation of Bitcoin through ETFs and institutional custody. While investors celebrate, Abhimanyu argues this betrays Satoshi’s vision of money controlled by individuals with private keys. He warns that Bitcoin may be absorbed into central bank reserves, while stablecoins extend U.S. monetary dominance by reinforcing dollar power rather than replacing it.
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Sep 5, 2025 • 1h 1min

Episode #486: Sovereignty by Markets: How Futarchy Turns Bets into Decisions

In this episode of Crazy Wisdom, host Stewart Alsop speaks with Robin Hanson, economist and originator of the idea of futarchy, about how conditional betting markets might transform governance by tying decisions to measurable outcomes. Their conversation moves through examples of organizational incentives in business and government, the balance between elegant theories and messy implementation details, the role of AI in robust institutions, and the tension between complexity and simplicity in legal and political systems. Hanson highlights historical experiments with futarchy, reflects on polarization and collective behavior in times of peace versus crisis, and underscores how ossified bureaucracies mirror software rot. To learn more about his work, you can find Robin Hanson online simply by searching his name or his blog overcomingbias.com, where his interviews—including one with Jeffrey Wernick on early applications of futarchy—are available.Check out this GPT we trained on the conversationTimestamps00:05 Hanson explains futarchy as conditional betting markets that tie governance to measurable outcome metrics, contrasting elegant ideas with messy implementation details.00:10 He describes early experiments, including Jeffrey Wernick’s company in the 1980s, and more recent trials in crypto and an India-based agency.00:15 The conversation shifts to how companies use stock prices as feedback, comparing public firms tied to speculators with private equity and long-term incentives.00:20 Alsop connects futarchy to corporate governance and history, while Hanson explains how futarchy can act as a veto system against executive self-interest.00:25 They discuss conditional political markets in elections, AI participation in institutions, and why proof of human is unnecessary for robust systems.00:30 Hanson reflects on simplicity versus complexity in democracy and legal systems, noting how futarchy faces similar design trade-offs.00:35 He introduces veto markets and outcome metrics, adding nuance to how futarchy could constrain executives while allowing discretion.00:40 The focus turns to implementation in organizations, outcome-based OKRs, and trade-offs between openness, liquidity, and transparency.00:45 They explore DAOs, crypto governance, and the need for focus, then compare news-driven attention with deeper institutional design.00:50 Hanson contrasts novelty with timelessness in academia and policy, explaining how futarchy could break the pattern of weak governance.00:55 The discussion closes on bureaucratic inertia, software rot, and how government ossifies compared to adaptive private organizations.Key InsightsFutarchy proposes that governance can be improved by tying decisions directly to measurable outcome metrics, using conditional betting markets to reveal which policies are expected to achieve agreed goals. This turns speculation into structured decision advice, offering a way to make institutions more competent and accountable.Early experiments with futarchy existed decades ago, including Jeffrey Wernick’s 1980s company that made hiring and product decisions using prediction markets, as well as more recent trials in crypto-based DAOs and a quiet adoption by a government agency in India. These examples show that the idea, while radical, is not just theoretical.A central problem in governance is the tension between elegant ideas and messy implementation. Hanson emphasizes that while the core concept of futarchy is simple, real-world use requires addressing veto powers, executive discretion, and complex outcome metrics. The evolution of institutions involves finding workable compromises without losing the simplicity of the original vision.The conversation highlights how existing governance in corporations mirrors these challenges. Public firms rely heavily on speculators and short-term stock incentives, while private equity benefits from long-term executive stakes. Futarchy could offer companies a new tool, giving executives market-based feedback on major decisions before they act.Institutions must be robust not just to human diversity but also to AI participation. Hanson argues that markets, unlike one-person-one-vote systems, can accommodate AI traders without needing proof of human identity. Designing systems to be indifferent to whether participants are human or machine strengthens long-term resilience.Complexity versus simplicity emerges as a theme, with Hanson noting that democracy and legal systems began with simple structures but accreted layers of rules that now demand lawyers to navigate. Futarchy faces the same trade-off: it starts simple, but real implementation requires added detail, and the balance between elegance and robustness becomes crucial.Finally, the episode situates futarchy within broader social trends. Hanson connects rising polarization and inequality to times of peace and prosperity, contrasting this with the unifying effect of external threats. He also critiques bureaucratic inertia and “software rot” in government, arguing that without innovation in governance, even advanced societies risk ossification.
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Sep 1, 2025 • 1h 8min

Episode #485: Bitcoin as Silent Revolution, AI as Accelerated Intelligence

In a compelling discussion, Brad Costanzo, founder and CEO of Accelerated Intelligence, shares insights on harnessing AI for personal growth and the risks of AI psychosis. He emphasizes the importance of cognitive armor and his sovereign mind framework. The dialogue dives into Bitcoin as a silent revolution against traditional banking and contrasts stablecoins with monetary policy. Costanzo also highlights the synergy between Bitcoin mining and AI infrastructure, proposing decentralized banking as a crucial alternative to 'too-big-to-fail' institutions.
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Aug 29, 2025 • 55min

Episode #484: Pirates, Black Swans, and Smart Contracts: Rethinking Insurance in DeFi

Juan Samitier, co-founder of DAMM Capital, specializes in decentralized insurance and on-chain finance. He discusses the risks of smart contracts and the importance of insurance in attracting institutional investors to crypto. Drawing parallels between historical maritime trade and modern finance, he explores black swan events and their implications for economic stability. The conversation also delves into how traditional finance is increasingly merging with DeFi, along with insights on stablecoins and the evolving landscape of asset management.

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