What’s interesting about newsletters is that consumers are willing to pay for them. While blogs have never really figured out monetization (apart from ads), Substack alone claims more than 50,000 paying subscribers.
In this new land, you have to build a centralized economy in the early days. This means that wealth distribution is accruing to a small percentage of people in your land. You make sure they successfully build an audience and wealth. This makes them role models for the country (and platform). You effectively create the American dream. People in... See more
Today, we’re in web3’s Usenet era. Open protocol development, exponential user growth, compounding excitement, and — perhaps most importantly — the permeation of mainstream awareness without fully understanding it. Of course, there are many collateral impacts of this shift. The one I am focused on today is, selfishly, personal to my own experience:... See more
As a consequence, there isn’t a “best sneaker”. What you perceive as “the best” isn’t based on objective attributes, it depends on who you are trying to imitate.
But to get people to ditch WhatsApp and switch to Messenger, it will never be sufficient to be 10% better than them or add fun gimmicks on any existing attribute or feature. We will have to offer some new fundamental use case that becomes important to people’s daily lives.
“The ultimate question that I have: how can we create cities that are big enough to give people economic opportunity, but small enough to give people love and others in their lives that touch their hearts?”