“Luck never sent a few hundred emails, wrote an autoresponder, handled a contract negotiation, etc, but both people who do these things and people who don’t do these things attribute a good deal of their outcomes to it.”
-Patrick McKenzie
The broader trend here is the disaggregation of work. Younger people are more distrustful of institutions and “traditional” careers—having been burned by both the Great Recession and the Covid-19 economic crisis—and are turning to freelance work.
The advertised decentralization of power out of the hands of a few has, in fact, been a re-centralization of power into the hands of fewer. The top 9% of accounts hold 80% of the $41B market value of NFTs on the Ethereum blockchain. The practice of “whitelisting” keeps the bulk of NFT profits within a tight circle of insiders. Bitcoin is even more ... See more
It is still incredibly early. Instead of thinking of crypto as a full-fledged product, think of it as a new set of tools engineers and entrepreneurs can use to build. Just as the internet in the late ‘90s was engineering-heavy and design-light, crypto thus far has focused too much on the technology and not enough on the user experience, too much on... See more
INTERVIEWER: As your experience about writing accrues, what would you say increases with knowledge?
BALDWIN: You learn how little you know. It becomes much more difficult because the hardest thing in the world is simplicity. And the most fearful thing, too. It becomes more difficult because you have to strip yourself of all your disguises, some of w... See more