8. Web3 is addressing global inequality by sharing the reward—and the risk. Put another way, if the roughly $5 trillion total market cap of Alphabet, Meta, Apple, Amazon, and Microsoft were split across a billion users to give them around $5,000 each, they’d be much more supportive.

Decentralized protocols would make very interesting base layers and I’m particularly excited about web3 in the context of identity. Does crypto solve the problem of suboptimal defaults? Well, that’s a different question and I’m honestly not sure. Just because you have decentralized base layers doesn’t mean you won’t see centralization, aggregation... See more

What would it take to alter the foundational unit of account in web3, so that its bedrock comprises not just money and status (the “yang”), but is counterbalanced by the weight of good deeds, self-discovery and shared purpose (the “yin”)? Harmony lies in opposites, and for all the opportunity that the $2 trillion crypto market has enabled, the... See more