sari

MetaMask's surge is not simply about usage — the company has also scaled revenue rapidly. In October of 2020, the team unveiled the "Swaps" feature outlined above. As mentioned, Swaps allow users to exchange their currencies, with MetaMask executing the transaction on a separate exchange. As payment for doing so, MetaMask extracts a 0.875% fee.

It is a human trait to organize things into categories. Inventing categories creates an illusion that there is an overriding rationale in the way that the world works.

The role of curation has been eliminated as the majority of value is captured by the platforms so it is  no longer economically viable. With fewer and weaker intermediaries, we also reduce the amount of independent points  of views or windows to the world.

I think that people come alive when they’re serious about what they love—when they choose to pay careful attention to what feeds and sustains them. I love this one Heather Havrilesky line about how crushes are often just misplaced ambition. Of course crushes are more than that—they’re about nostalgia and magic and futures we’ll never access—but I t... See more

% of monthly active members

When Snap launched, there were infinite way to share images, but Snap asked a bunch of weird questions that no-one had really asked before. Why do you have to press the camera button - why doesn’t the app open in the camera? Why are you saving your messages - isn’t that like saving all your phone calls? Fundamentally, Snap asked ‘why, exactly, are ... See more

- Vitalik Buterin

An interesting variant on this is Tegus, which offers more affordable expert calls and makes their transcripts available to suppliers. For someone with an edge in asking questions, this is a downside, but for someone who merely wants to gather information, it's upside; they're free-riding on the question-asking skills of other people.