Let’s say Farcaster, or other Web 3 social media like it, wants to run ads for the free version of the product. Rather than going out and building an entire ads system (as Facebook and every other social media publisher had to), they can use the composability and permissionlessness of Web 3 to spin up monetization quickly. Assuming an attribution s... See more

Pen and paper took us as far as the moon. It's about time we went to the stars.

 Since the scientific interface is not capable of serving the general population, people have to blind trust the institutions who communicate science publicly. When that trust evaporates, people begin to reject the information itself.

There are thousands of smart people who could start companies and don't, and with a relatively small amount of force applied at just the right place, we can spring on the world a stream of new startups that might otherwise not have existed

Still, as Baszucki made clear, the goal is still actual social networking: surely that will always be better than interacting with an AI! Or will it? It seems to me that perhaps the most important constraint on the web — to actually interact with people as if they are, well, people — disappeared a long time ago.

The divide between those who do and don’t own capital is an important driver of widening wealth inequality [50]. Forms of accessible co-ownership could be an antidote to chronic wage stagnation and anxieties about job-replacing automation.

To search is to know that which you seek. The very notion of search requires you to accurately label what you are looking for. Unfortunately, in unknown territory, we don't always know what we are looking for. Navigating unknown territory is an exercise in discovery, not recall.

The beginning is not with an idea but with the feeling towards an idea. Something you feel but do not know. It makes you anxious and gives you somersaults inside if you try to explain.

If you ignore this feeling it will go away, finding another soul open to its directions.

If you pay too much attention it will also go away, being made nervous by such... See more

I think the mistake too many entrepreneurs make is they start companies assuming they have scale. We’ve seen no scale, we’ve seen hyperscale, and what we realized was what we have to do is we have to start with that utility and the best networks. I didn’t realize Chris wrote that post, but I should maybe in the back of my mind that’s what I was quo... See more