Sarah Drinkwater

Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more

One of the reasons that Here Comes Everybody holds up comparatively well in 2022 against its contemporaries is Shirky’s willingness to recognize how broader social forces might thwart the “inevitable” effects of a technology on society.

But bounties aren't the future of work in Web3. They’re a primitive of some of the worst forms of exploitation under capitalism.

Amsterdam traded worldwide. The 17th-century city had four times the income per capita of Paris. Foreigners flocked here, and were left largely unbothered. Shorto notes that Amsterdam’s tolerance was – and is – above all pragmatic. Tolerance was good for business, for social peace and innovation. 17th-century Amsterdam published perhaps 30 per cent... See more