SpaceXponential

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... See more

...The dart guns of social media give more power and voice to the political extremes while reducing the power and voice of the moderate majority. The “Hidden Tribes” study, by the pro-democracy group More in Common, surveyed 8,000 Americans in 2017 and 2018 and identified seven groups that shared beliefs and behaviors. The one furthest to the... See more

Technology, however, is creating trust between the unlikeliest of characters, even in the nefarious world of the “Darknet” – an encrypted network of secret websites that allows the exchange of illegal assets such as drugs, stolen financial data, and firearms (Reiff, 2020). The great oxymoron is that it is populated by hundreds of thousands of... See more

We must learn to attend without language for what it is we are experiencing. There are so many worlds that we do not have language for, that perhaps humans will never develop language for, strain as we may. So many beings -- animals, trees, mountains, and rivers -- have no place in any sign system we might design, no expressive agency in any human... See more

These two extreme groups are similar in surprising ways. They are the whitest and richest of the seven groups, which suggests that America is being torn apart by a battle between two subsets of the elite who are not representative of the broader society. What’s more, they are the two groups that show the greatest homogeneity in their moral and... See more

And therefore, on the collective level, crypto has predominantly encouraged creations, but not creativity. Crypto rewards popularity and suggests that popular content, regardless of its intention, is inherently more valuable and deserving of rewards – not only (sometimes ridiculous) monetary rewards, but also the rewards of being written into (art)... See more

+ Local tolerance for the novelties — The local “outside” does not push back too hard against the transgressions of the scene. The renegades and mavericks are protected by this buffer zone.

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

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