Put another way, we have to resist this skeuomorphic temptation to think that everything is better on the blockchain. Some things, when put on blockchains, just become the same as they were before, but on a blockchain
Free communication is not free. By decreasing the cost of information, we have decreased its value and invited its adulteration. To restore the health of our information ecosystem, we must understand the vulnerabilities of our overwhelmed minds and how the economics of information can be leveraged to protect us from being misled.
Tokenholders is the most inclusive category of participation. Other than holding the DAO’s token, the individual can remain entirely passive. Being a passive tokenholder in a DAO is equivalent to being a passive homeowner in a local community. You are making a financial investment in the community, but you aren’t spending time building or improving... See more
Social connections would unravel without spaces. Funnels and tubes tend towards relationships that are transactional, rather than deep or exploratory, because people want to achieve their goals quickly and without risk. Transactions (short-lived, predictable, and simple) are the most minimal kind of relationship, where both parties stay atomized, a... See more
Students who wish to achieve a middle class lifestyle someday are stuck paying for product that doesn’t perform well for the majority of customers, the price of which is growing 8x faster than wages, and requires a massive saddle of bankruptcy-proof debt.