sari

Tokens are pseudo-equity-like instruments. If you are launching a valueless governance token with no real tangible benefits (relying on memetic quality or hopium) to hold it, non-zealots will inevitably dump the token while the value is > 0.

Is it a compelling  product , though? It’s a famous Steve Jobs axiom that technology is not enough, that you don’t make compelling products — let alone entire platforms — starting from advanced technology and working backward. You start with a vision for the product and platform experience and then create new technology to make it real. I simply

... See more

Some companies have thus responded by adapting texting to mimic the intimacy of personal conversations with friends.

In 2018, the US newspaper industry shipped ~2.5m tons of newspaper, down from 12.5m tons at its peak.

The cognitive surplus, newly forged from previously disconnected islands of time and talent, is just raw material. To get any value out of it, we have to make it mean or do things.

Because infinite players prepare themselves to be surprised by the future, they play in complete openness. It is not an openness as in candor, but an openness as in vulnerability. It is not a matter of exposing one's unchanging identity, the true self that has always been, but a way of exposing one's ceaseless growth, the dynamic self that has yet... See more