sari

Admission to a top school can be life changing, but in a country that graduates over 3.5 million people from high school every year, the 1,700-person freshman class at Harvard is immaterial. Over the past 30 years, the number of seats at Ivy League schools has increased only 14 percent, while the number of high school graduates has expanded by 44 p... See more

Every feature request has a constituency – some group who wants it implemented, because they benefit from it. Simplicity does not have a constituency in the same way, it’s what economists call a non-excludable good – everyone benefits from it.

Maybe: a community forum without a feed—a place to record an idea or experience, send it to all and only your peers who would care about it, and find, immediately, the most relevant thoughts from the rest of your community.

As agency has increased, and the world has become more meritocratic, many people reject it. It’s like someone is handing you power over your life and you say “no thanks!” Why? Because accepting power and agency means success or failure is your responsibility and your ego can’t handle it.

That’s a 100x improvement over how most virtual goods are bought today - through centralized, siloed platforms like gaming giants where scarcity is in the eye of the gamemaker alone. Contrast that with NFTs, which 1) connect users to a universe of creators 2) for lower fees while 3) giving both parties provable ownership of their virtual assets acr... See more

Because smart contracts are uneditable, you cannot evolve them, there is no flexibility. Traditional contracting relationships constantly evolve, this is lost in smart contracts