sari

YouTube’s 30% cut of all subscription revenue is much higher than Patreon’s 5 - 12%, and every creator is locked into the same pricing, whereas Patreon allows for multiple tiers. But YouTube’s paywall is built into its ecosystem, meaning it’s much easier to expose a YouTuber’s fans to paywalled content, and creators don’t need to drive their potent... See more

In crypto, there’s a whole new set of specialized skills needed to build a successful project. Things like tokenomics, treasury management, community management, onboarding, governance, smart contract development, data science, protocol security, OpSec, etc. Because there aren’t many experts in these areas yet, we’re already seeing crypto-native ag... See more

Co-living network members will be able to travel the world with low switching costs. (Predictable revenue from subscriptions will enable this.)

So what happens when work disappears, turning everything into a hobby? A hobby is fun. Many people spend a great deal of time trying to escape work, so they can spend more time on their hobbies. But while they may be fun, hobbies are also at some level always frivolous. They cannot give meaning to a life, precisely because they are optional. You co... See more

Public Robinhood - a wacky part of investing in crypto is it's public. So there could be a consumer experience built around that. It's like Robinhood for crypto where it's a consumer experience to buy/sell crypto. But it's also public and social and you compete against your friends and have a public profile. Maybe it starts with collectibles tradin... See more

What we have forgotten is that thoughts and words are conventions, and that it is fatal to take conventions too seriously. A convention is a social convenience, as, for example, money ... but it is absurd to take money too seriously, to confuse it with real wealth ... In somewhat the same way, thoughts, ideas and words are "coins" for real things.

The trouble with the internet, Mr. Williams says, is that it rewards extremes. Say you’re driving down the road and see a car crash. Of course you look. Everyone looks. The internet interprets behavior like this to mean everyone is asking for car crashes, so it tries to supply them.