Jason Badeaux

Elon Musk explained his commitment to the Model 3 launch, when he said: “The reason I slept on the floor was not because I couldn’t go across the road and be at the hotel, it was because I wanted my circumstances to be worse than anyone else at the company on purpose. Like whatever pain they felt, I wanted mine to be worse. That’s why I did it. And... See more

Every one of these questions refers to a system that is complex, in the sense that a great many independent agents are interacting with each other in a great many ways [...] the very richness of these interactions allows the system as a whole to undergo spontaneous self-organization. Thus, people trying to satisfy their material needs unconsciously... See more

A token is a necessary element of a system if the use of any other in its place would damage the system’s normal functioning.

And when was the last time you tried to go to fill up your tank and you couldn’t because there was no fuel? The 70's? That was one of the worst existential crises our real economy has faced since the Great Depression. This is a far more frequent occurrence on the electricity grid: nodes can’t function individually, unlike how cars and boilers can.

Is the cosmic compulsion for disorder matched by an equally powerful compulsion for order, structure, and organization?

Crypto-economic protocols allow for people to coordinate their economic activities without a centralized, rent-extracting party, and will help move these industries from corporate feudalism to meritocratic capitalism and freer markets.

Over time, the Gigafactory will grow and hopefully fulfill Elon Musk’s dream: achieving complete vertical integration for all Tesla products.