protocols

I suggested a thought experiment to train the understanding of complex systems, which is essential for mechanism design. Latest Powerlaw memo was super fun to write and contemplate.

I suggested a thought experiment to train the understanding of complex systems, which is essential for mechanism design. Latest Powerlaw memo was super fun to write and contemplate.

https://powerlaw.systems/memo-w46-nov-2024

This is the alt account of Sister Hazel. Writings at https://powerlaw.systems. Building https://testnet.uvio.network. 

I read this one, and it provoked some thought in me. Relating to the thought experiment and crypto uninformed, i made a little analysis.

A great, simple explanation is just as important as the idea/product itself. But… the scope of crypto is so large that it’s hard to cut time out to explain; or an appropriate, universal analogy to simplify

I am preparing an analogy to explain to uninformed folk next week (toastmasters), hoping to spur them to action or interest. And in doing so, I realized that I am a radical, even for crypto enthusiasts… might scare them…

^ Which makes me think that crypto is a highly political topic that needs sufficient debate… Governance!!

Yet, crypto have no leaders capable of capturing attention for more than a mere scroll. Oral is very important to capture the emotion behind passion.

Disregarding the racism that plagued the era, I envy the 1850s, because everything they valued in role models, from kids to adults were intellect and leadership. 

And I think we don’t do this anymore, because everything is so rigid. It’s funny because Lincoln as a young adult was complaining about the lack of ability to innovate, because his forefathers had taken all such glory… yet how early he was. Nowadays, it feels to a young adult that they can make zero impact on the world, which is tragic.

I think the quote
“A house divided against itself cannot stand.” is very relevant today.

The contrast between mainstream ignorance of crypto - helplessness for change, and those with a vision for a greater future.. draws parallels to the democrats vs Republicans of the civil war era, though not nearly as passionful.

mmm, perhaps I misunderstand

I do believe that to be an adult, it is important to form most opinions for thy self, AND crypto is a ground where everyone’s footprint is owned by thyself… 

but
- said footprint has an obligation to conform to the standards of the majority
-everyone needs a mentor or a role model. The inspiration that there is someone out there who is perfect; then you base higher principles on, and move on to being individual
- Representation is highly important for efficiency purposes. People with higher skill/respect in a specific domain will get chosen to make decisions for said domain—though, it will still be a democracy and individualistic. Imagine a system where every single domain from niche to broad, has representation, selected to unify its perspective and standards-teachers, plumbers, csgo surf.. digress.. mmmm

The freedom to choose which people  identify with and hence conglomerate to make your own unique iteration, is leading by thyself too

I am not old enough to been around in the 1850s. 

But jokes aside, the human urge to look for leaders might be one of the flaws that this entire industry struggles to build against.

The past told you to look for strong leaders. Crypto tells you to lead thyself.