Juan Orbea

Everything that has occurred in Silicon Valley in the last couple of decades also occurred in the 1850s. Anyone who thinks that wild-ass high tech venture capitalism is a late-20th-century California phenomenon needs to read about the maniacs who built the first transatlantic cable projects. The only things that have changed since then are that the... See more

I sometimes like to call it “layered thinking”. There’s the rational layer, there’s the tacit layer, and there might be other layers. And they’re all important. And we can’t just make a decision based on any one layer, frankly, and certainly the top layer.

The following provides a brief overview of the law of accelerating returns as it applies to the double exponential growth of computation. For example, with more powerful computers and related technology, we have the tools and the knowledge to design yet more powerful computers, and to do so more quickly. Independent innovations multiply each... See more

This style of thinking is foreign to me, but I find it fascinating, and important. Stereotypical "wealthy white liberals" ignore this at their peril: these more "traditional" values are actually quite popular even among some ethnic minorities in the United States, and even more so in places like Africa and India, which is exactly where Balaji is... See more

For example, Indians are not familiar with the concept of salary/hour, which makes products whose value proposition is “convenience” very hard to sell, as opposed to the west.Maybe soulfulness is a function of chaos and inefficiencyIt is impossible to scale in life without standardizing, and standardization is the enemy of soulfulnessStandardized... See more

So, specifically, I imagine that what happened in 2008 crisis is that, consciously or unconsciously, a decision was made to prevent or inhibit the negative consequences of the financial and to a lesser, but very important extent, economic layers by actually spending resources at the sociopolitical and cultural layers.

They combine the love of freedom of team BTC with the moral energy of team NYT and the organization of team CCP, and give us the best benefits of all three (plus a level of international appeal greater than any of the three) and avoid the worst parts.