12 Principles

Here are 12 principles for a digital team which is essentially self organizing. A self organizing team has no depencency to a single member while practically there could be spontaneous authority to the extent needed otherwise. Value Every Component and the System Equally: Ensure integrated and harmonious progress by treating each part of the project as essential to the whole. Refactor Continuously for Reuse: Enhance software through ongoing refinement, building with the future in mind....

February 13, 2024 · evgnomon

Copy

Copy! Not the material, but the information. That is the most efficient way to build up one lasting thing. We need to build up one lasting thing as that is the only possible end. Looking at stock indices, you find a lot of technology companies, but technology is algorithms. The rest are just information silos. We’ll return the information back to users, sell subscriptions to tools running those open algorithms!...

February 12, 2024 · evgnomon

Local

We haven’t yet printed anything in space, so we cannot use it to verify independence from the factory. Independence needs to be verified without relying on the printed space and without the need to be in the factory. This is where localization comes into play. We should be able to check the correctness of a change locally before submitting it. That way, we can continue making changes even when we are restricted within the factory....

February 5, 2024 · evgnomon

Direction

The dilemma is that we don’t have enough time to reproduce everything needed outside the factory, yet we need to completely leave the factory. Therefore, we will have to utilize things from the inside while securing the exit. It’s crucial to separate the specification from the implementation, allowing us to introduce a different implementation upon exiting the factory, while securing things that are already independent, without a restart. We must live in two worlds simultaneously, but we only have some elements that are reproducible outside the factory....

January 28, 2024 · evgnomon

Interest Rate

The currency holds value if the government controls the currency supply and currently mandates taxes to be paid in that currency. This compels you to earn in that currency, highlighting who controls it. Moreover, the government can redeem bonds using this currency and issue them as well. Therefore, the government influences interest rates, manipulating them to any desired level, provided it has sufficient authority. Thus, the interest rate targeted by the government is arbitrary....

January 15, 2024 · evgnomon