Most of today’s Web3 virtual neighborhoods are following the history of the physical world’s McMansions; building 10,000 ‘homes’ in the middle of nowhere hoping people move in. The awareness that needs to take place in order to avoid a mass flippening is the approach Web3 takes to constructing neighborhoods. Instead of just finding land, developing... See more
when there's a problem that a lot of people have you will find small numbers of people going out of their way to solve that problem using kind of manual or hack together tools and in the trick of course is can you productize what they're trying to do make it easy for them to do with technology to really amplify and then you can grow really fast
This let a generation of those apps compete on user experience without being crushed by large banks' pricing power. Customer acquisition for fintechs would be difficult if you could walk into any of the top ten banks and walk out with a 1% rewards debit card (which previously existed but don't anymore at large institutions, due to the Durbin... See more
And while Brandless made a big deal out of the concept of a “brand tax” — the idea that products from other brands cost more because they have middlemen or other distribution costs — we now know the real story is that direct to consumer e-commerce brands have their own high costs, from engineering talent to online marketing.
ifferent versions of the same history give rise to different interpretations of human beings and how they transact with each other. The version of barter leads to one set of assumptions about rational, mechanistic and utility-seeking behavior, while the version of ancient obligations leads to another set of assumptions about complex, multifaceted... See more