And now there’s what [Venkatesh Rao] called the cryptobourgeoisie. There’s effectively an information advantage that young people can have that potentially allows them to capture some of the value that the Boomers have.
Eric Peters at One River Capital, he argued that we live in a period of social upheaval, where young people are keen to invest in technologies that disrupt (and potentially bankrupt) older generations’ preferred institutions, while pushing investments that benefit themselves at the expense oF the old guard. The best part about being young and broke... See more
“In the end, people don't view their life as merely the average of all its moments—which, after all, is mostly nothing much plus some sleep. For human beings, life is meaningful because it is a story. A story has a sense of a whole, and its arc is determined by the significant moments, the ones where something happens. Measurements of people's minu... See more
-Ownership and portability of data: Next-generation platforms have already begun shifting to more data-portable models. Substack, for example, gives writers total ownership over their audiences and allows them to take their email list of subscribers with them if they ever decide to leave the platform; furthermore, writers use their own Stripe accou... See more