sari

-This is part of what makes early internet innovation so rapid- it was built on open protocols that devs knew wouldnt change

Add an element of social signaling - As everything is on-chain, you'll be able to prove that you were there from the beginning, that you were the first involved. It's revolutionary for Day one fans.

In Hyperstructures, any participant's value captured is synonymous with their value generated. The inverse is also true, if any third party or entity has the ability to freely extract value from the system without value creation then the system then it is not a hyperstructure.

People frequently1 think that I'm very stupid. I don't find this surprising, since I don't mind if other people think I'm stupid, which means that I don't adjust my behavior to avoid seeming stupid, which results in people thinking that I'm stupid. Although there are some downsides to people thinking that I'm stupid, e.g., failing interviews where ... See more

You’re not going to be able to measure exactly how community health equates to business ROI. There are going to be a lot of things you do to build a healthy community that don’t have measurable ROI. But if your team is aligned on the belief that what’s good for your community is good for your business, and you’re measuring what you can measure, the... See more

In more recent times, we’ve migrated from this homogenous SaaS world to a more complex world of hybrid businesses, which generate different types of revenue in their quest to build enduring value. This, of course, has played out in many industries beyond software. Costco, for example, was one of the OGs here with its membership subscription fee + i... See more

Another quality I have noticed in very intelligent people is being unafraid to look stupid.

These behavioral shifts are creating rapid changes in our economy. There will be both short-term and long-term impact as consumers and businesses are forced to change their behavior radically for weeks or months.