Stripe is important because it allows content technologies and media to be built ground-up with monetization philosophy in place at the foundational level. It doesn’t have to be a janky bolted-on piece of the puzzle.
But it’s also because newspapers were an oligopoly, and they lose that oligopoly online. Newspapers are, yes, a content business, but they were also a light manufacturing business, and it was the replacement of light manufacturing and trucking with bits that removed the barrier to entry and unbundled their attention.
What's more Web3 presents a rich new palette to think about consumer engagement for every media company around how to incent participation, create hybrid membership / ownership structures and more broadly make interacting with content more fun for consumers. Perhaps another way to think about Web3 is as an open gaming platform for everything. Moder... See more
It is as if we have forgotten that a product is an object moving through space, fighting gravity, air resistance and other forces of nature. Companies, though, are only too aware of it. While we choose and buy our purchases with mere inch-wide movements of our thumbs, they are busy rearranging the physical world so that our deliveries pelt towards ... See more
I met some of my heroes and some of them sucked; I attended events that were hollow and demented but looked fun online; I eventually realized the best parts of my life weren’t exclusive whatsoever but run-of-the-mill: a result not of being elevated above my peers (on a stage, say) but thrust among them (in the crowd). In time I came to see these po... See more