Most of the barriers to group action have collapsed, and without those barriers, we are free to explore new ways of gathering together and getting things done.
Part of me wishes these essays were completed already, so I could feel the relief that comes with getting them all out. Another part of me wants to spend 20 years getting them all perfect. I suppose the solution is to do both
You may be thinking: “But the number of fiat currencies is tiny compared to the number of cryptocurrencies, of which there are thousands.” There’s an important distinction. The vast majority of cryptoassets adhere to just a few base layer standards, and those standards are quickly becoming interoperable using software adapters like KEEP, Axelar,... See more
"Harder" might not be the right word. Let me rephrase: Launching a successful product is riskier than ever and more dependent on random forces than ever. In the past, a producer could rely on their own manufacturing capacity and on relationships with powerful gatekeepers to guarantee a product's success. It did not always work, but it often worked.
At Stanford’s dy/dx program, founder Tony Xu was asked about the qualities he interviews for at DoorDash. One of the five traits is holding and making sense of opposing ideas. As F. Scott Fitzgerald wrote, “The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to... See more
The Grammy-winning artist RAC launched $RAC last fall with the caveat that fans can’t buy $RAC—they can only earn it through their fandom. RAC distributed $RAC retroactively to fans based on their support: whether they’d been a Patreon subscriber, whether they’d bought merchandise in the past, and so on. Fans could then cash in the $RAC they’d... See more