Les Greys

@les

3114 Following

52193 Followers

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The amount of sit around and mindless nothing is what innovation is up against. Updating economic and social rails combating the nothingness that happens in cultural societies.

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New medium for capital markets. Have the same features the best capital market has to offer delivered through new innovative vehicles. Eg. Instead of investing at the org level, you can invest at a lower level, product or any other subsection. This is where concepts like contentcoins fit in, or tokenizing sub-features of a company offering. Not all parts of an org are net positive cash-flow. Being able to have effective and efficient on/off ramps between these different capital markets create the opportunity. Will take a lot of energy and time to realize this kind of future but it’s definitely possible now. Makes sense I think.

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just tipped my favorite farcasters! thank you @androidsixteen.eth @twolf @huugo.eth @afrochicks @ccarella.eth @grin @christopher for being here :)

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try this in chatGPT and post your results below. > based off everything you know about me, create a meme you think will go viral

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how I see products. today: ai is a going to the superpower tomorrow: the human brain is capable of so much more than we ever imagined, thanks to AI.

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Why is competition so important to markets? my new found opinion; competition forces x # of people to think optimistically about low probability events. Non-competition, partnerships, M&A, et al, force x # of people to think pessimistically about high probability events. assumption: x # of people in competition > x # of people in non-competition. the outcomes likely speak for themselves but seems like optimistically minded people working on lower probability events create the bigger levers downstream.

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Something I feel gets very easily overlooked or forgotten entirely is how blockchains flipped the relationship of compliance (regulatory and self) between p2p transactions. For example; 10yrs from now if I wanted to look at all the blockchain txn w/wallet address of a given smart contract that supported me early in my journey, I could still interact with that wallet. There is no bank to close it down for inactivity, the person doesn’t have to pay fees to keep it open. I can look back and send funds/rewards/etc to that wallet no matter what. And only the counter party would keep themselves from access the wallet via losing the private keys. Obviously an essence of self-custody.

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things i've began to normalize. - forgetting my phone at home - do much more of nothing, or less

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The WIFI is booming! The world’s most precious resource.

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Thanks for being onchain with me today!

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boost for visibility.

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pressure creates the best products. especially by builders whom seize the opportunity pressure provides.

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https://warpcast.com/wakaflocka/0x1981e5ec

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I'm at the stage of writing this where I think the word coin needs to be removed from the lexicon. Causing everything around the word 'coin' to be completely off-target because the center are in different places from when I first started. But blockchain media will be entirely tokenizable.

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Onchain is weird and i love it

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It just hit me, onchain culture is the biggest melting-pot in the world. For example, Miami is a culture shock to many because there are so any different people from around the world, you don't know if you are going to speak to someone in Italian, Portuguese, Spanish (from Spain, or Argentina, Chile, Ecuador, Mexico, Cuba, Columbia, or some other S/C. American country), French, Mandarin, or any other dozen languages that are common to run into, Russian. Onchain brings out that awkwardness that exists in a melting-pot. So much different thinking. And Miami is weird af. Weirder than Austin for sure.

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Found this “rant” to be very inspiring by @jessepollak . Has all the right points, I started skeptic, grew in belief, then landed with f-yeah, let’s get it. I now believe the issue is that we are calling it “coin” and people’s biases are quickly called up because money in society is such a taboo thing, not realizing how we speak of things is so closely tied to our relationship with money. Jesse, my small thought may be that you are 99% correct in your target and 1% off in your words. Maybe we need to replace “coin” with something more aligned in cultural relevance. idk the answer, but I think that really may be the problem. https://x.com/based16z/status/1913272563142373622?s=46

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Just have fun on the Internet.

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awesome to have watched this on Farcaster! Time flies.

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Adoption is slow not because the use-cases are bad but because the past burdens the mind from improving. Every founder, engineer, and product’s biggest enemy — the past.

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