Thread by @BalesFootball

1/ "The Blockchain Man" is an absolutely beautiful article from @TaylorPearsonMe on the ongoing shift in power from organizations to the individual. Some of my thoughts... ribbonfarm.com/2017/10/10/the…

2/ We've been conditioned to aspire to become "The Organization Man" - to value conformity and being part of a team. The benefits have been obvious; one's quality of life has historically skyrocketed by participating in the global economy via organizations. But that's changing.

3/ The internet was the start of a trend away from "The Organization Man" ethos - a world in which permissionless leverage (via code and media) has allowed individuals to earn at scale via creativity without a need for corporations - yet few fully realize it.

4/ "As we approach a world without transaction costs, the equilibrium size of the corporation trends towards one person.

That person is The Blockchain Man."

5/ Whereas society has historically shunned lone dissenters, the internet and blockchain are flipping this on its head. The downsides of not conforming are disappearing. "The Organization Man" yearned to belong. "The Blockchain Man" has no such need.

6/ In the future, people will more and more often be paid directly for the value they generate for others. The key to being "The Organization Man" has been kissing ass. The key to being "The Blockchain Man" is developing real skills. A new meritocratic society is upon us.

7/ This transition will be accompanied by a shift toward more probabilistic thinking, best represented in a mass forgoing of the addictive annual salary - a fragile relic of a time when value and compensation were only vaguely linked.

8/ Just as the pandemic has sped up the inevitable move toward a more digital world, the internet has (and blockchains will) quicken the inevitable transition to a more sovereign individual.