I have a particular line of questioning around this:-What’s the hardest you’ve ever worked on something?-How many hours were you working a week?-Why did you work so hard? Why did you care?-When were you the most unmotivated in your life?-What’s the thing you’re the most proud of?-Do you think it was worth it?
Economics has historically focused on "goods" in the form of physical objects: production of food, manufacturing of widgets, buying and selling houses, and the like. Physical objects have some particular properties: they can be transferred, destroyed, bought and sold, but not copied... But on the internet, very different rules apply. Copying is... See more
If I convince you that I’m a channel for important information, messages, friendships, or potential sexual opportunities — it will be hard for you to turn me off, unsubscribe, or remove your account — because (aha, I win) you might miss something important:
Users don’t just want a decentralized version of an existing social network. What users really want from a new social network is status or entertainment, along with the benefits that decentralization offers. Any new network must offer a compelling way to achieve both, or it will face an uphill battle to get off the ground.