sari

Most of the "tokenized securities" being hyped are "digital stock certificates", not permission-less decentralized businesses with on-chain cash flows & dividends. The former is a cash grab by under-writers, the latter is the potential 10x disruption (a precursor to full DAOs).

Learning stuff was less important than learning about oneself. Exploration is not just a whimsical luxury of education; it is a central benefit.

Robinhood right now is like a hot Blackjack table. Everyone is winning, and the people who are losing are losing so spectacularly that it heightens the experience for everyone. When the table cools down -- markets don’t normally stay on runs like the one they’re on right now -- and things become a lot less volatile, a lot of the thrill-seekers will... See more

But that assumption, that centralized systems don’t know what they’re doing, is delusional. These tech companies are fucking smart. They are led by nimble (and paranoid) leaders, with a ton of money and other treats to hand out, who have no problem understanding the importance of disrupting themselves (see Facebook).

I find it fascinating & troubling that humans are getting lonelier as we simultaneously create a world that’s both safer and wealthier.