More from @jackbutcher

Jack Butcher

@jackbutcher

28 Dec

@nounsdao

one of my favorite projects of 2021 is @nounsdao

brilliantly subversive

took a while to click but the name is genius

everyone owns nouns and no one owns nouns

the two schools of thought on the future of IP

cease and desist (™) vs. copy and distribute (cc0)

naming is generally massively underappreciated

especially in technical circles

bitcoin is a good name

ethereum is a good name

hard for many to accept, but it matters

also bullish on any project that can produce a symbol as recognizable as a swoosh that compresses a massive amount of meaning into a nanosecond

Read 8 tweets

Jack Butcher

@jackbutcher

18 Dec

arguing that inflation is good for people who sell their time by the hour is dumb

an education system that produces people who believe it is a tragedy

controversially, I don't think the money supply is as much of a problem as people's mental models for how to "earn" money or what is "worth" money

"I worked hard so I should get paid" is entering oxymoron territory when you think about it in the context of networks and technology

"I did something no one else can do so I should get paid"

or

"I stopped people from needing to work hard so I should get paid"

getting closer

Read 8 tweets

Jack Butcher

@jackbutcher

16 Dec

everything is a bet on network resilience

careers
sports teams
products
protocols

all networks are downstream of incentive structures

tldr; the best incentive structure wins

"why is my art/product/time/idea not selling?"

you are bad at network building

might sound brutal but it's true

the further the world moves toward a telecommunication network in all things (accelerated aggressively by covid)

the truer this concept rings

en.wikipedia.org/wiki/Metcalfe%…

Read 8 tweets

Jack Butcher

@jackbutcher

14 Dec

"I can't believe big brands are buying web3 studios"

pair of trainers: $200
clone x digital avatar: $24,000

it's hard to think of a moment in time where there was a bigger opportunity for brands with legitimate cultural stature

nike's distribution is unfathomable

the chasm between people who recognize the nike swoosh and those who know what a non fungible token is may as well be 100%

Read 6 tweets