Remember that we live in a world where the most clickable he...

Remember that we live in a world where the most clickable headlines make the most money and thus the way the world is represented by the media often isn’t the reality of how things work.

And one of the biggest lies that internet culture tells us is that something is only important and interesting if it is new. As someone whose day job is at a nonprofit newsroom, I have a front row seat to the consequences of that lie. Convincing anyone to read a story that is more than a week old is an uphill battle

His biggest worry, though, is that we still mostly fail to acknowledge that we live in a roaring attention economy. In other words, we tend to ignore his favorite maxim, from the writer Howard Rheingold: “Attention is a limited resource, so pay attention to where you pay attention.” 

In other words: A group of people direct their attention to something, and that changes its value. This, in turn, draws the eye of various media and attention merchants, which in turn changes the value again. Crypto hype is the purest and most logical endpoint of this phenomenon. What most people are talking about with a given crypto asset is just ... See more