From its inception, Robinhood was designed to profit by selling its customers’ trading data to the very sharks on Wall Street who have spent decades—and made billions—outmaneuvering investors. In fact, an analysis reveals that the more risk Robinhood’s customers take in their hyperactive trading accounts, the more the Silicon Valley startup profits... See more
We’re now living through a gold rush for social capital accumulation: media influencers and extremists alike are competing with traditional religions to pull as many people as possible into their filter bubbles. And we’re becoming god-like in our ability to shape people’s realities.
Patrick Collison on Stripe:
“My intuition is that more of Stripe success than one would think is down to the fact that people like beautiful things and for rational reasons.
Because, what does a beautiful thing tell you? It tells you the person who made it really cared, and you can observe... See more
Decentralization can be thought of as a single design challenge that spans three different, but interrelated elements: technical, economic, and legal. Understanding the differences in these elements is key to designing web3 systems because design decisions with respect to one affects the others.
Because the continued existence and thriving of community banking is a policy goal, regulations or competitive measures which would disfavor them versus the large banks and other financial players are actively undermined.
NEW PROJECT — I made a "personal search engine" that lets me search all my blogs, tweets, journals, notes, contacts, & more at once 🚀
It's called Monocle, and features a full text search system written in Ink 👇
GitHub ⌨️ https://github.com/thesephist/monocle…
Demo 🔍... See more
Whatever a human being desires for themselves will not come about exactly as they first imagined it or first laid it out in their minds…what always happens is the meeting between what you desire from your world and what the world desires of you. It’s this frontier where you overhear yourself and you overhear the world.