Ian Vanagas

We are on a trend “inward”, where capital, our proxy for GDP, is better served deployed into things that generate more capital, instead of things that generate production.

Nearly every big platform hits escape velocity by helping people make more money.

Framing matters a lot. Spending for the benefit of the group feels a lot better than spending solely for yourself. People ideally want both.

An accurate definition of an internet “creator” would have to be: someone whose income is determined by a platform’s algorithms.

The stories create demand and the NFTs provide the scarcity. Scarcity helps enable status.

Solutions:1. Limit the amount of information provided to members2. Make information more digestible.3. Guide members on how to avoid information bankruptcy.