1/ A repeating rhyme of history is never ending competition between EXPLORERS vs EXPLOITERS
(Exploiters here doesn’t mean taking advantage of others—it means settlers extracting some form of yield from a previously explored + discovered opportunity—but sometimes results in it)
2/ And a feature of EXPLORERS is there are branches ENTREPRENEURS + EXPERIMENTERS + ECCENTRICS
Notably root words of
‘entre-preneur’(undertake; to grasp/seize)
‘ex-pert’ (out of; to try/risk)
‘eccentric (odd, whimsical)
All find the un- (or not yet-) known…
3/
Some may find it via TIGHT process + reason + logic (mathematicians, chemists, computer scientists)
Others via LOOSE imagination + dreams + drugs
(shamans, lost souls seeking community— and parties)
4/ In each wave of EXPLOITATION (of people who have discovered + benefit from rewards of *status* or early *access* to…a new land, new set of ideas, new community, new currency (social or financial)
it came from those who risked reputation + energy in EXPLORATION
5/ In past waves of technology development (especially in computing and other domains that have become more ABSTRACT and THEORETICAL—and less material) you had ECCENTRICS + ENTREPRENEURS fueled by disdain for what is, desire for what may be—and sometimes… drugs…
6/ From pot to LSD in the 60s, 70s, 80s—from Katy Mullins (LSD) discovering DNA PCR (that we use to detect covid today)…to Steve Jobs, the ECCENTRICS + ENTREPRENEURS would mix as strange bedfellows with the scientifically rigorous…
7/ Today’s redpill-rabbithole allusions to Alice in Wonderland alterenate reality crypto/web3 EXPLOITERS follow the EXPLORERS who have been ECCENTRICS + ENTREPRENEURS—
A strange brew of…
8/ High-intellect math + computer science geniuses in the same drug-fueled BurningMan camps with high-energy pure permissive psychonauts
The former questioning protocols + why + how things work
The lattter questioning “what even is meaning” + “what is money” “what is reality?
9/ The mix in some crypto/web3 teams of mutual appreciation + respect + collaboration between
has led to most of the innovation we now see
fueled by early USB sticks w/ bitcoin
handed over from early EXPLORERS
10/ In some cases ECCENTRICS a bit lost without ‘regular’jobs/ clear prospects, searching + exploring—in this moment of time—stumbled into extraordinary riches via friends gifting lifechanging crypto + giving them new meaning + mission that would unleash a wave of ENTREPRENEURS
11/ The convergence of hardcore psychedelic psychonauts + hardcore computer scientists—both questioning EVERYTHING (mostly systems of finance, money, exchange, community, communication, institutions, power + protocols)—is the most culturally fascinating combo in many generations
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2/ The fun thing about making lots of money in VC + crypto + any asset or security that makes money by selling it for more than you paid for it is this:
you don’t NEED it to profitable business—
you only NEED others to buy it for more
A 🔑 difference between TSLA + BRK…
3/ And if you don’t need the business underlying your investment to be profitable 💵(because you just need others to believe that others will believe that others will believe 📈)…
You might not NEED to know 💁♂️what actually makes a business profitable….
1/ Interesting POV from Chinese billionaire friend
who made his money outside of China
and felt safe from reach of Xi (as he invested in China,
but sold his companies to non-Chinese so he never ‘took money out’ of China).
He got the #’s wrong but the point was clear…
2/ He asked me the first “democracy”.
I answered: Greece.
He said what was population of your great democracy
i said ~150,000
He asked how many were slaves? I did not know.
He said: ~100,000 slaves rules by ~8,000
Now what about your beloved Rome?
3/ What was the population of Rome?
I guessed roughly correct 1M
He asked: and how many slaves?
I guessed 10k. He said it was closer to 500k around 50% of the population.
He asked––rhetorically––what the current population of “democracies” in the world today?
2/ A few other @sfiscience gems: Geoff West who helped the masses appreciate consistent patterns of scale across lifespans and heartbeats and company lifecycles and spread of ideas and disease…