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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.

Dynamic Token MembershipsWhat if membership to PRTN was always $3000 worth of tokens? Either 53.5714285714 tokens at a rate of $56 or 21.4285714286 tokens at a rate of $140 per token. A membership cost which at the time of purchase is reactive to the market rate, paid in fiat.

Myles Danielsen: Other projects certainly offer more upside potential, but the risk-adjusted opportunity of Ethereum seems particularly compelling relative to both the rest of crypto and other asset classes globally. At present, Ethereum appears to offer the model set-up of all of investing: long-term secular tailwinds, near-term catalysts, and... See more

This isn’t about the Slack, Discord, Geneva or Circle groups you’re part of that start with a small version of a thing, but where the intention is to scale to hundreds or thousands of people that convene in a single public forum to discuss the topic du jour and get them to pay for the thing. This is about building the picks and shovels for... See more

Almost everything that makes up our world first appeared in a solitary head—the innovations, the tools, the images, the stories, the prophecies, and religions—it did not come from the center, it came from those who ran from it.

As it happens, Ant and Alibaba were critical to spreading the gospel of the QR code. With low credit-card adoption in China, Ma saw an opportunity to leverage the comparatively common mobile phone as a means of transaction. Today, QR code scanning accounts for the majority of digital payments in the country.

Learning stuff was less important than learning about oneself. Exploration is not just a whimsical luxury of education; it is a central benefit.