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- Through cultural associations, collections accumulate social and economic capital that is used by collectors to convey their status and taste.
from Intro to the collector economy by Ana Andjelic
- The illusion persists because there’s so much money in it. Back in 2016, Ben Thompson wrote that Google’s AI efforts were at odds with its business model: “If a user doesn’t have to choose from search results, said user also doesn’t have the opportunity to click an ad, thus choosing the winner of the competition Google created between its advertise... See more
from It's Time to Lie Down and Be Counted by Drew Austin
I don’t want Jackson to have the same childhood that I did. I want him to wonder why his dad’s friends always come over and shoot hoops with him. Why they always invite him to their houses. Why there are so many of them at his games. I hope that he gets sick of them.
from Does My Son Know You? by Jonathan Tjarks
- In the U.S. alone, 46% of people will experience some form of mental illness over the course of their lifetime. This is driving our nation to spend $238 billion annually on mental health treatment and services, up more than 100% from 2005 levels. Democratized by providers like Modern Health (employee wellbeing platform), Real (digital therapy membe... See more
from Finding Wealth in Health by Meera Clark
- Social tokens are starting to gain traction.
from We moved to Bankless.com | Substack by Cooper Turley
- According to insiders, Roblox’s most popular game accounts for only ~10% of revenue. Its top 50 games account for ~50-60% of revenue.
from The Building Blocks of Tech by Rex Woodbury
- Admittedly, I thought a bunch of the ICOs in 2017 were a joke, I don't believe that many of the NFTs today will hold value, I don't find the asset price increases of meme images intellectually interesting, I think a lot of these “communities” are overrated, and despite being a beneficiary financially of this movement, I am a bit mindblown/bothered ... See more
from Speculative Bubbles in the 21st Century & Asymmetric Upside by Michael Dempsey
- Jacob Horne: Right now, when we think about building marketplaces, everyone has the same view: it's a platform that's centrally controlled, which mean that there is a company that has power over it...with crypto we don't need that paradigm at all. Hyperstructure is a crypto protocol that is unstoppable, permission-less, free, and community-owned.
from Hyperstructures & the future of ZORA with Jacob.eth by Holly Herndon
It’s senseless to have making money as your goal as money has no intrinsic value—its value comes from what it can buy, and it can’t buy everything. It’s smarter to start with what you really want, which are your real goals, and then work back to what you need to attain them. Money will be one of the things you need, but it’s not the only one and c
... See morefrom Principles: Life and Work by Ray Dalio