Society has a trust problem. More censorship will only make it worse.

Heavy-handed censorship can draw more attention to content than it otherwise would have enjoyed, and at the same time it can give the content creators a martyr complex that they can trade off for future gain. We prefer a contest of ideas. We believe dissent and debate is important.

What we’re seeing in the unbundling of publishing, including the rise of Substack newsletters, is people inherently trust other people more than faceless institutions. This is as true in publishing as it is in finance. Facebook has become a symbol of all that is wrong with the current state of digital media. The heart of crypto is establishing trus... See more