Mayor Suarez shows a new path for a startup politician.
You can now make an international impact without waiting years to pay your dues & work your way up.
Just support technologically progressive policies & recruit talent online. Now you can build your city with every tweet.
You can calculate the ROI, but if took 1000 tweets for Mayor Suarez to recruit a single billion dollar company to Miami he’d be at $1M per tweet.
And he’s doing way better than that.
Twitter may become the single most valuable economic development channel in the world. @jack
The recipe for a policymaker to become a technological leader is simple.
Find the sector where your laws are among the most technologically progressive in the world.
For Wyoming, crypto. For Japan, stem cells.
Then recruit founders & funders online. And build your economy.
A crucial component of this will be cities recruiting like startups — and tracking their conversions.
Now that politicians can gain or lose constituents with every tweet, helping or harming their city economically, we have quantifiable skin in the game.
An early use of decentralized cryptographic truth to knock down a declaration by a media corporation occurred in 2014, when the absence of a digital signature killed Newsweek’s cover story.
Oracles systematize this. They’re like an on-chain Reuters. genius.com/2900395
Decentralized cryptographic fact checking is also used by Wikileaks, as anyone can use DKIM to verify email authenticity. You trust the cryptography, not Wikileaks. blog.cryptographyengineering.com/2020/11/16/ok-…
Let’s be clear: these data dredging requests by Treasury will result in violent attacks on crypto users.
Why? Because Treasury got hacked and can’t secure their data. Lists of home addresses of crypto users will keep leaking, as they did with Ledger. And criminals will use them.
90k households reportedly left SF this year, out of about 360k total.
Voting with their feet against poop, needles, car break-ins, fires, power outages, housing shortages, dysfunctional schools, physical assaults, exorbitant costs, and all the rest.
Point being: the exodus is real, as are the problems. Don’t let anyone tell you they’re not.
The silver lining is: SF will never get its monopoly back. Neither will Silicon Valley writ large.
Tech was overconcentrated, and decentralization was overdue.
Note: I thought the numbers were huge, which is why I included cites. It’s possible the 2 definitions of households don’t exactly match, or that in-migration has partially offset loss. More analysis welcome.
Start by sketching out the frontend and backend as normal. Then replace a few key backend calls with reads and writes to a decentralized database, namely a blockchain. balajis.com/yes-you-may-ne…
In other words, you don't need to throw out everything you know about web or mobile development. And you can often still use a standard DB as the data store for much/most of your app.
But for certain key functions, like sending/receiving funds, that's an on-chain operation.
Anyone who's built anything over the last decade is familiar with the concept of using multiple databases. At a minimum, you have your main Postgres plus a data warehouse or the like for analytics.