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The second issue is that sites now understand that they’re competing with this Upside Down Internet. It’s up there on their list of worries, along with a shrinking public attention span, shrinking ad revenues, an uncertain market, and everything that makes the internet the beautiful, broken thing it is today.

Fans have long been stuck on the sidelines of their favorite sporting events. The team/player to fan relationship is limited to league scheduling, event organizing and physical structures. Fans have long driven the value of their favorite leagues and teams but always at arm's length, leasing these experiences versus owning them. But with blockchain... See more

By moving identities on-chain, we could upend archaic financial processes and provide equitable access to capital, re-architect how talent is matched with projects, and provide entirely new paradigms for recognizing and compensating labor online.

A sneaky kind of assured misery is when you have no room for error in your life, which feels like maximizing efficiency but actually just means you’re guaranteeing disappointment when the world inevitably wobbles.

The commoditization of the actual hotel did not eliminate all profits in the industry, they just shifted these profits to other activities. Hence, "The Law of Conservation of Attractive Profits." When some parts of the value chain become commoditized, other parts necessarily become more valuable.