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In 2011, Gogulski announced on a BitcoinTalk forum that he'd acquired and remade BitLaundry, a service that allows users to mask their transaction histories.
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“Imagine how tricky it would be to bake a cake if the recipe called for 45 minutes in the oven, and you had to figure out if those were nominal minutes or inflation-adjusted minutes.”
― Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It
― Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It
“experiments have shown that players rely on several heuristics. The gaze heuristic is the simplest one and works if the ball is already high up in the air: Fix your gaze on the ball, start running, and adjust your running speed so that the angle of gaze remains constant.”
― Skin in the Game: Hidden Asymmetries in Daily Life
― Skin in the Game: Hidden Asymmetries in Daily Life
“worms age, or even how birds learn songs—and you will end up, in fewer than six genetic steps, connecting with a proto-oncogene or tumor suppressor.”
― The Emperor of All Maladies: A Biography of Cancer
― The Emperor of All Maladies: A Biography of Cancer
“The economic crisis seemed to have taught them a lesson: that liberty without discipline was a formula for ruin.”
― America's First Great Depression: Economic Crisis and Political Disorder after the Panic of 1837
― America's First Great Depression: Economic Crisis and Political Disorder after the Panic of 1837
“But things are even worse: in real life, every single bit of risk you take adds up to reduce your life expectancy. If you climb mountains and ride a motorcycle and hang around the mob and fly your own small plane and drink absinthe, and smoke cigarettes, and play parkour on Thursday night, your life expectancy is considerably reduced, although no single action will have a meaningful effect. This idea of repetition makes paranoia about some low-probability events, even that deemed “pathological,” perfectly rational.”
― Skin in the Game: Hidden Asymmetries in Daily Life
― Skin in the Game: Hidden Asymmetries in Daily Life
William’s 2025 Year in Books
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