Sublime

When the accumulation drive hits short-term credit, real estate, and passive equity, that is when the party will really start.

If economic activity is a language, trade a speech act, and prices the compressed signal of syntax, then entrepreneurship bears a remarkable resemblance to authorship.

In economics the particles, that is, agents, are endowed with some kind of foresight. Their image of the future affects the present.

With early investments in social media companies such as Twitter, Tumblr, Foursquare and Zynga, Fred Wilson has become one of the world's most watched angel investors. And one of the opportunities he is watching most attentively is the emerging industry of digital money.

Money emerges from uncertainty, capital emerges from money, and uncertainty emerges from capital.