Now, two things are happening.

1. Technology is making old and new ideas cheaper and easier to build.




2. There’s a reemergence of “premium demand.”

Ideas Need Adoption to Make an Impact

Ideas alone are not enough. They need to be techno-economically viable, buildable for a low enough cost that the market is able to adopt them. There is no progress without

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People like to be entertained, typically more than they like to learn. Some of the most innovative education startups are “edutainment”, combining elements of education and entertainment.

Crypto enables the financialization of almost everything, including things you didn’t think could be financialized. This includes a meme, a song, a person’s future net worth, or a community. This amplifies the “investing as entertainment” thesis even further.