
Where I'm At

The geography of most modern urbanization can ultimately be traced back to navigable waterways and deep harbors, followed by hundreds or even thousands of years of network effects pertaining to industry (i.e., progressive integration of labor and capital) and the iteratively compounding Pareto distributions that naturally follow.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
A tendency to assume that a system that works at one scale will also work at a smaller or larger scale.1