Ian Vanagas

It is a bad sign when a large percentage of members are declaring information bankruptcy. It means the community is providing too much information members don’t care about. They aren’t helping members make sense of that information.

Literal access: Either you have access to what is behind the NFT or not. Psychological access: a signal of crypto interest, creates opportunities, ingroup.

Information bankruptcy is a common problem for communities to have. When there is too much information to absorb, members often give up on absorbing any of it at all. It’s a play off of email bankruptcy, where someone ignores or deletes all emails beyond a certain date.

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?

In any civilization, an age can be measured by whether or not the best and brightest are applying their talent and wealth to make that civilization work better, to inculcate patriotism, to build and improve institutions, and improve the lives of their fellow citizens.