More recently, Vitalik Buterin and others in the cryptocurrency community have taken up the rhetoric of blockchain mechanisms as public goods. To be sure, crypto protocols are among the most compelling novel institutional forms. Their unique capabilities derive from their "public" qualities: unrestricted membership and participation, open APIs,... See more
You use the same search engine, but you don’t ask the same questions. You use the same CRM, but you don’t pitch the same customers. You use the same streaming service, but you don’t watch the same movies.
The hardest part to strike then, I think, is that you can’t be too careful, but you also can’t be too confident. Somewhere in between the two there’s this specific type of curiosity that we’re after, the key ingredient of which is humility. The kind that arrives at a new place, or a new problem and is willing to assume “I don't know" — but let’s... See more
Technological innovation to enable this has already occurred - business model innovation powered by a technical innovation (tokens) - and now the future just has to catch up.