The tech story maps quite predictably to philanthropic efforts in previous decades, which is to say that it has a higher likelihood for success: it’s a pattern that people understand better. The crypto story is radically different, requiring us to reimagine what it means to fund and develop public goods from an entirely new set of assumptions. It... See more
And, of course, for a cryptocurrency like Bitcoin to replace the dollar, you’d need to convince billions of people to use a currency whose value fluctuates wildly, that isn’t backed by a government and that often can’t be retrieved if it’s stolen.
Knowledge management used to be mostly restricted to the work environment and focused on personal productivity. With the rise of the passion economy and the proliferation of indie thinkers, a new wave of personal knowledge management tools is taking over the market. Users want more than utility tools. They want tools for thought.
Highly venture-backed DTCs largely have two pathways to longevity and success. They can sell to an incumbent, much in the same way that Bonobos and Jet.com have sold to Walmart, or they can try their luck and go public. The incumbents are willing to overlook the less than ideal DTC economics because what they’re buying isn’t a business model, it’s... See more
Social Protocols - These were built at the beginning of the Internet. They allowed individuals who knew each others’ contact details to contact each other. Groups could form over email threads (Simple Mail Transfer Protocol) and IRC Channels (Internet Relay Chat). These protocols were really powerful for communication but they were unable to store... See more