When we hear “lowering the cost of ownership of knowledge” most people immediately assume we’re talking about copyright. But as Stratechery writer Ben Thompson and ethereum founder Vitalik Buterin have both rightly pointed out, the scarce resource online isn’t copyrightable content itself - it’s people and their ability to bestow legitimacy on the ... See more
In a nutshell: A story is about how the things that happen affect someone in pursuit of a difficult goal, and how that person changes internally as a result.
Making the internet safe for individuals again, in my view, is the most compelling use case for Bitcoin and every other cryptographic method or technology. Companies that build politics-free solutions will be the future of the internet. Not because such products have the right opinions about their users, but because they have no opinions at all.
Ownership can be understood as a proxy for two things: decision making power and financial power. This suite of benefits includes the ability to have a voice in the direction, strategy, operations, or fate of a company; as well as the ability to capture profits and the value of its equity and assets.