These being tail risks, there are countless definitionally unimaginable things that might happen. Perhaps the next global crisis won’t be such a boon for innovation. Unknown unknowns abound. 

Despite their obvious faults, the industrial age institutions Illich targeted in his scathing critiques proved to be more resilient than he anticipated, and not necessarily because they were, in fact, useful, just, and sustainable enterprises. Rather, Illich came to the conclusion that we remained locked into these inevitably self-destructive insti... See more

As a result, Digital Writers are usually the ones who go from never having written anything online before to suddenly accumulating hundreds of thousands, even millions of views—and more importantly, turning those views and proven content buckets into paid products, newsletters, services, and businesses. Why? Because they're the ones with the data.&... See more

Tipping might be viewed as absurd in most of the non-US world, but in the context of DAO’s, tipping can be a very valuable and healthy mechanism to help a DAO scale. Tips are often used more like airdrops (care-drops?) and their superpower is that they can reward value creation very rapidly, especially when unplanned but easily identifiable. 

“I was peeling a red apple from the garden when I suddenly understood that life would only ever give me a series of wonderfully insoluble problems. With that thought an ocean of profound peace entered my heart.”

Tokens are viewed as a way to circumvent this problem 

Some of the projects that launched last year are certain to grow into legitimate behemoths. Bored Ape Yacht Club has shown how serious they are about building a massive potentially billion-dollar ecosystem around their IP.

To manage data, we need a protocol that makes it easy to store, discover, and route information about an identifier. For Web3 to live up to its promise, that routing table should (a) be unified rather than siloed by application or any other boundary, and (b) be sovereign, give control of data directly to each identifier.This suggests a simple desig... See more