long degeneracy - by jez - oldcoin bad, newcoin good
oldcoinbad.com · 1,625 words · saved by 3 readers
hypergambling eats the world
long degeneracy hypergambling eats the world jez Jul 16, 2025 241 30 Share what is “long degeneracy”? long degeneracy is a mental model, centered around hypergambling. in the author’s words, long degeneracy represents “a belief that the world will only get more degenerate, financialized, speculative, lonely, tribal and weird”. the most concise and holistic explanation of this trend is: as real returns compress, risk increases to compensate. the reasons explored below are varied and intertwined, but hopefully after finishing this article you, the sophisticated reader, will return to this statem
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