SpaceXponential
@spacexponential
Conscientious Questioner
SpaceXponential
Political scientist Russel Hardin (2002) argues that trust is really about encapsulated interest, i.e., a kind of closed loop of each party’s self-interests. Like the real estate agent who sells a house at a reasonable price not because she cares about the client but because her commission is directly tied to the sale price, the drug dealer also ea... See more
JENA MARIE ESPELITA • TRUSTING A TRUSTLESS NETWORK. The Paradoxes of Trust in Blockchain Technology
Taleb’s notion of rationality-as-risk-management liberates “rationality” from conflicting sets of rhetorical expectations, and replaces them with a common set of market incentives .
Market incentives create the kind of consensus the information age demands, and also the kind of people who can tolerate it .
Mike Elias • Pascal’s Market
It’s important that people—actual individuals—are doing the work for themselves to decide how exactly they want to group information together, because it’s this exercise that hones a person’s unique intuition. It’s personal intuition that gives a piece of information a unique shape to live in, and it's the many connected shapes that make Are.na su
... See moreare.na • On Motivation
In our reality, Ted Nelson served as a muse rather than the Internet’s architect. Legend has it that he conceived of Xanadu as an antidote (or amplifier) for his attention deficit disorder. He dreamed of a word processor that allowed users to surf through and freely explore associations, related material, and alternate contexts of any given piece o
... See moreCharles Broskoski • Counter Currents: Are.na on Ted Nelson’s Computer Lib/Dream Machines
On a blockchain network, nothing is assumed to be trustworthy except the output of the network itself (Werbach, 2018). On any transaction, there are three elements that may be trusted: the counterparty, the intermediary, and the dispute resolution mechanism (Botsman, 2017). Simply put, blockchain tries to replace all three elements with software co... See more
JENA MARIE ESPELITA • TRUSTING A TRUSTLESS NETWORK. The Paradoxes of Trust in Blockchain Technology
𝙁𝙧𝙚𝙚𝙝𝙤𝙤𝙙 & 𝙘𝙤𝙣𝙨𝙩𝙧𝙪𝙘𝙩𝙚𝙙 𝙨𝙩𝙧𝙪𝙜𝙜𝙡𝙚𝙨
More from C Thi Nguyen »
“And Suits offers the following definition of what it is to play a game. He says, “To play a game is to voluntarily take on unnecessary obstacles for the sake of making possible the activity of overcoming them.” …
And the way I think of [games] sometimes, after S
... See moreWe think of ‘facts’ as being somewhat equivalent to data — they’re observations, which in theory anyone could verify.
But observation is just one of three essential ingredients required to make a Fact.
The other two are:
- 1) Context omission, and
- 2) Trust, in the one omitting the context.
Mike Elias • Wittgenstein’s Revenge
Wisdom from @david_perell's Monday musings.
Infrastructure is philosophy made visible.
I think we can date the fall of the tower to the years between 2011 (Gurri’s focal year of “nihilistic” protests) and 2015, a year marked by the “great awokening on the left and the ascendancy of Donald Trump on the right. Trump did not destroy the tower; he merely exploited its fall. He was the first politician to master the new dynamics of ... See more