Mark Fishman

[Instagram] is a fun product that millions of people seem to love; that is unwholesome in large doses; that makes a sizable minority feel more anxious, more depressed, and worse about their bodies; and that many people struggle to use in moderation.  What does that sound like to you? To me, it sounds like alcohol— a social lubricant that can be... See more

Zoom out more, and you’ll see that scarcity is also the story of the U.S. economy. After years of failing to invest in technology at our ports, we have a shipping-delay crisis. After years of a deliberate policy to reduce visa issuance for immigrants, we suddenly can’t find enough workers for our schools, factories, restaurants, or hotels. After... See more

The only way everyone keeps making money is if other people keep putting more money into the system, which either requires more people or deeper pockets from existing people.This is the metagame of STEPN: how long can you milk the magic money machine before it all comes crashing down? And can they fix their doom loop before it gets triggered?

Pros of tokenizing a platform:

Instead of empowering communities that most suffered under urban renewal, the local-review process has again privileged wealthier people who routinely block new projects, and many of the projects that do get built are in poorer areas.