Ian Vanagas

In the end, every single person like Nick who votes to deploy their capital into something which doesn’t produce anything beyond capital, is a vote to sit on the sidelines while every single other person works to keep the lights on, or ideally reverse the cycle.

DOOM embraced the idea of shared creativity. Rather than requiring the user to start from a blank slate, DOOM provided the structure and tools which allowed people to re-combine and add things to an existing system. This lowered the barrier to entry, not only in terms of the required technical skill (since it was not necessary to learn to write... See more

We are in the age of hyper-competition. Being a big spender is a seductive way to make you feel like you belong.

Jim prepares well for conversations, predicts what people are going to ask, always has something to say.

The number of them that actually learn all the important stuff in under a month is zero. The number of them that have a self-guided strategy to learn what is relevant is almost zero.

Bitcoin is always the most honest market in the world, the most efficient market and it was the canary in the coal mine.

Twitter’s only conclusion can be abandonment: an overdue MySpace-ification. I am totally confident about this prediction, but that’s an easy confidence, because in the long run, we’re all MySpace-ified. The only question, then, is how many more possibilities will go unexplored? How much more time will be wasted?

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