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First, builders build apps, then other builders build the infrastructure to support those apps, then that infrastructure supports new apps, which in turn requires new supporting infrastructure, and so on. That’s how it worked historically, from the lightbulb to the airplane to the iPhone, and it’s exactly what was happening in web3.

1/ Thread: $FB long-term bull thesis It's Zuck. Of course, there are other reasons as well. But Zuck is at the center of my bull thesis. Here's why.

It is fiendishly difficult to get lots of people to make decisions and work together both non-hierarchically and effectively.

Once artwork tokenization and continuous trading becomes widespread, could we imagine hordes of arty millennials raving on social media about their latest investment into a Warhol or a Monnet ?

One example: the NCAA just changed its likeness rules, meaning that athletes can now earn income as creators. Big-name college stars—many with hundreds of thousands or even millions of fans—can earn income through YouTube, TikTok, Instagram, Patreon, and other platforms.

The ultimate tool for corporations to sustain a culture of this sort is to develop the 40-hour workweek as the normal lifestyle. Under these working conditions people have to build a life in the evenings and on weekends. This arrangement makes us naturally more inclined to spend heavily on entertainment and conveniences because our free time is so ... See more

Writing is a central skill in the creator economy. You can use it in TikTok videos, stories, and memes, you can build communities and media around it. And it’s still a prominent tool for communication between people. So we thought writing was the ideal starting point and a natural first step for Mirror. Eventually, we would love for any group chats... See more