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Brief: Banks are increasingly replaceable. "Embedded finance" makes it easy to deliver financial services in context. Over time, that may result in money gravitating towards influencer-run financial institutions. This could have significant ramifications for how society manages its surplus.

It is difficult to accurately measure contributions in most types of work today. Bitcoin works well because labor contributed to the system can be measured objectively and is very difficult to game. Most labor still requires some centralized human judgement to effectively allocate resources.

However, to even have the capability of making an iPhone for less than the cost of a lunch in San Francisco is a skill, one China has shown again and again. Many another country wishes it had such a demonstrated skill. Were China ever able to gain some of the software and industrial design skills of a company like Apple, they would be even more of ... See more

Where CloudKitchens and its peers rely on centralized processing and a flattened, undifferentiated business model, Tock starts from the assumption of distributed processing and a business model that differentiates on its prime costs: labor and ingredients.

In effect, an unbundling project has to overcome two different network effects on Reddit - the subreddit community itself, and the community’s connection to Reddit as a whole.

Another valuable project would be definitive reference material on blockchain projects, a so-called ‘Encyclopedia Cryptologica.’ There’s barely any quality, carefully reviewed information on most projects, tokens, concepts -- and where there is, it’s not easily searchable. Only a DAO (or its Wikipedia-like precursor) could mobilize and compensate t... See more

Unlike in the early days of the internet, consumers are now willing to pay for higher quality offerings, driving demand for CSS offerings.