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The same Internet that allows Netflix to help a small number of cinephiles discover an obscure documentary might also allow that filmmaker to be in touch with these same people directly, perhaps converting what Kelly termed “Lesser Fans” into “True Fans,” defined as those “who will purchase anything and everything you produce,” who “will drive 200 ... See more

Consumers might be better off — but the crypto world would be boring. Many of its advantages would be captured by these well-capitalized intermediaries. Furthermore, problems of censorship would reemerge, because these reputation-conscious intermediaries will not want to offer all possible crypto products. They might not give you ready access to a ... See more

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy. 

Through membership, members can be perceived as important, connected, or successful. In short, membership makes us feel good.

As a medium, books have no direct means of communicating with readers over time. The physical text is stuck on the page, generally read linearly and continuously in a few sittings.