sari

My other issue with being too protocol focused is that if we can’t capture much value on the application layer, it will simply lead to shitty apps. As anyone who has tried to figure out how to navigate the world of web3 knows, we need to strive for vastly better and easier to use consumer applications than we have right now.

The easy money to be made speculating on crypto assets seems to have distracted developers and investors from the hard work of building useful real-world services.

Taste comes in lanes. To quote Susan Sontag again, “There is taste in people, visual taste, taste in emotion — and there is taste in acts, taste in morality. Intelligence, as well, is really a kind of taste: taste in ideas. One of the facts to be reckoned with is that taste tends to develop very unevenly. It's rare that the same person has good... See more

This is because our reliance on one another has become increasingly abstract — the producer never meets the consumer, and so the dependencies between us aren’t as legible.

Lower cost of capital than competitors lending to that same borrower. This enables the lender to

$20M/year & 100% bootstrapped In 2019, they were called "IDIOTS" as they were building a product that already existed. In 2023, their business is better than most VC-backed startups. Thread 🧵

10 Life Changing Ideas Visualized out of Lego 🧵