Discussion about this post

User's avatar
j12t's avatar

The on-line bookstore brilliantly used the new world -- the web -- to create new value in the old world -- getting books that were otherwise hard to get. There was never a question that it created value, regardless of whether the rest of the new world, e.g. companies like Yahoo, were going to be successful. On the other hand, almost (?) all crypto-related projects create, or attempt to create, new value in the new world, not in the old world. If there is too much of a circular dependency, where is the long-term value? IMHO the Amazon analogy would work better with some crypto-related project creating new value in the non-crypto world.

Expand full comment
Kevin Hall's avatar

Attention is scarce. I just gave you 30 minutes of my undivided attention because you put together this well-researched and endearingly curious post. You are giving your customers (paying or not-yet-paying) value through media. Thank you, Packy. Very inspiring.

Expand full comment
11 more comments...

No posts