Ideas compound and compose just like interest and software
Instead of a linear graph showing generational knowledge being passed on to the next one, it’s almost a tree with new branches from each generation. Fits into the compounding idea as well
Awesome article good insight into the NFT game =)
This goes slightly against to what Matt Clancy argued in this piecer here: https://www.newthingsunderthesun.com/pub/zsc23qxz/release/7
While the general idea stays the same, his research shows that the amount of knowledge needed to make progress is higher and, therefore, progress is slowing down. What are your thoughts on this?
If you haven't read The Beginning of Infinity yet, you really should
I'm not a perma-cynic however I am having trouble understanding how Klima DAO will make money long term. On the website it says that they are buying up carbon credits and holding them forever (tossing them into a black hole). So if they aren't going to sell them back into the market for a profit to companies that need them how does the DAO make money? It does also say on the website that the DAO is looking to issue bonds to purchase more credits with but as the issuer the DAO will have to pay back those bonds as well as the interest on them. So where will that money come from? The only place I can see is from new buyers of the DAO token which makes it look like a pyramid scheme. Can someone please explain to me how the DAO will make money off of assets that aren't being sold back into the market?