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There are two ways that a legitimacy crisis can resolve itself: either the regime re-establishes legitimacy by realigning their rule with the interests and norms of the community (as factories in the Industrial era did by instituting fairer work policies); or, the system is overthrown, and a new one is put in place that better aligns the values and... See more

There's a cult. Anybody knows this. Go fly to LA and try to go to In-N-Out. Good luck. I was just in LA two months ago. Tried to go to In-N-Out twice because I read the book. I'm not waiting in that line. There's a cult around In-N-Out because the expression of the founder's soul is manifest in the product. People have In-N-Out tattoos. How many pe... See more

If things went well, these new brands eventually achieved regional, and nationwide distribution. This is a slow and competitive process that could take several years.

But exclusivity alone is a hack, NOT a product

This article proposes an entirely different approach—one that might seem counterintuitive but might actually provide for a workable plan that enables more free speech, while minimizing the impact of trolling, hateful speech, and large-scale disinformation efforts. As a bonus, it also might help the users of these platforms regain control of their p... See more

Many cryptoassets today, particularly those within DeFi, also grant holders claims on a portion of protocol cash flows. This gives the tokens very quantifiable value, which can even be modeled by discounted cash flow analyses favored by traditional financial institutions. However, this has left many to wonder whether "pure" governance tokens, which... See more

If you’re forever looking around for validation, you’ll never be able to make anything that’s completely your own. Because you don’t even know what you think.