Enter Substack. Substack, by eschewing the marketing communications (MarCom) market entirely, and focusing on writers people actually wanted to read, reversed the perceptions of the technology. Instead of trying to scam people into giving you “permission” to send them emails, Substack said, why not charge them to subscribe.
The economic surplus generated by this kind of network is necessarily distributed to the community of miners, stakers, and users because that’s what brings them into existence, keeps them going and lends them value. The diffusion of economic surplus is part of the basic architecture of the system. Market structure, distributive principles, and... See more
We create a machine with intelligence and self-awareness and push it out into our imperfect world. Devised along generally rational lines, well disposed to others, such a mind soon finds itself in a hurricane of contradictions. We’ve lived with them and the list wearies us. Millions dying of diseases we know how to cure. Millions living in poverty... See more