sari

Past failures have tried to tackle demand aggregation rather than demand shaping.

The problem with the designs of most engineers is that they are too logical. We have to accept human behavior the way it is, not the way we would wish it to be.

They say that people on their deathbeds never wish they had spent more time working. I certainly believe that no one wishes, in the moments before death, that they had spent more time at the office earning a wage. But when I think about what would be weighing on my mind if I knew today were my last day to live, I suspect I’ll mostly wonder whether... See more

Communities thrive because of their contributors. But, people only contribute to communities if they trust that their time and energy are going to be put to good use.

The “Ethereum is a payment network” narrative suggests the lowest network value, with a market capitalization below $1T if there is fee compression over time.

If you think you’re going to “make it” by networking and attending a bunch of meetings, you’re probably wrong. Networking can be important early in your career. And you can get serendipitous with meetings. But the odds are pretty low.When you meet people hoping for that lucky break, you’re relying on Type One luck.But you’re not getting Type Three... See more

“There’s been a complete shift, from what I’m seeing,” he said. “Acquiring a customer that is not break-even or profitable is almost as stupid as driving your car backwards on a highway. You just don’t do it anymore.”