Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
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
There’s a lot of mis-information being shared about VC performance and how it translates into LP returns.
There’s also a lack of understanding about how the VC ecosystem broke the LP ecosystem over the past few years and why this matters A LOT.
Here’s what’s going on:🧵👇
Advertising has successfully used these strategies to accelerate identity formation/dissolution and, by extension, consumer capitalism. There is no reason that radical groups could not use similar methods to challenge capitalism and develop alternative collective identities.
In this series, the secret history of The Secret History revealed; the secret history of three of the greatest writers of Generation X revealed; and the secret history of Generation X itself revealed. .