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

The metaphor of risk management creates good-faith discourse.

In a market, everybody knows their ideological opponents are making an honest effort to understand — or, l iterally paying for the luxury of not making that effort.

A market is a mechanism for establishing cross-ideological trust.

Note that Wall Street bulls never characterize bears as “in

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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

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Eventually, I began coding some rough prototypes for John Michael and Stuart. At that point, we didn’t talk about how it would be a business or even how it would function on a practical, user, or human level. It was really, really utopian.Those days we asked questions like, “How does a person be their best self on the internet?” and “How do you get... See more

Johann Wolfgang von Goethe once commented that: “When eras are on the decline, all tendencies are subjective; but, on the other hand, when matters are ripening for a new epoch, all tendencies are objective. Each worthy effort turns its force from the inward to the outward world.” 

Vitalik Buterin, co-founder of Ethereum, distinguishes two kinds of cryptoeconomic systems: objective and subjective. In an objective system, the protocol’s operation and consensus can be maintained at all times using solely nodes, knowing nothing but the rules of the protocol itself. Subjective systems, on the other hand, require more additional k... See more

The geography of scenius is nurtured by several factors:

This image appears in two channels,  Sublime  and  Feeling Futuristic . You can probably start to guess what these two channels are getting at, but it takes visiting both of them to understand the nuances of their content. While  Feeling Futuristic often feels like some combination of wonderment, apocolyptic visions, and specul

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