sari

“Tokenomics” has become a popular term in the last few years to describe the math and incentives governing crypto assets. It includes everything about the mechanics of how the asset works, as well as the psychological or behavioral forces that could affect its value long term.

Satoshi made Bitcoin decentralized to solve a specific problem: that previous forms of Internet money kept getting shut down. A decentralized form of money is resilient to insolvency, attack, or censorship. But decentralization wasn’t itself the point. It was just a means to an end. The point was to make a form of Internet money that worked!

At the end of the day, all we really want are a few close people who know us (and love us) no matter what.

Value Creation: Companies vs. Open Networks

Appreciation is a form of taste. Creation is another. They are often intertwined, but don’t have to be. Someone could have impeccable taste in art, without producing any themselves. Those who create tasteful things are almost always deep appreciators, though. Mark Ronson listens to and loves *a lot* of music. Samin Nosrat tries and savors *a lot*... See more

I think the same thing is now happening in TV and in cinema. Technology (and now lockdown) broke apart the old model and changed all the rules, but the questions about the new models are TV and cinema questions, not software questions.