Even in 2024, blockchain remains a mystery to most folks.

This explanation by @naval is the best I ever heard: We build networks, which have to be governed (or we have to figure out a way to organize them).

Historically we’ve done this by creating a country with a king, or president, or corporation in charge, or have a democracy where it’s one person one vote.

But whoever is at the center of the network, ends up becoming very powerful:

“These networks are very important. Electricity is a network. The phone system is a network. Money is a network. Your favorite religion is a network. So it’s very important who runs these networks.” - Naval

05:31 – Ukraine and Starlink
- Activating StarLink in Crimea is a potential major act of war
- Musk compares the request to turn on connectivity in Crimea to a "Pearl Harbor" type attack on Sebastopol, a Russian naval base in Crimea
- Explicit U.S. government approval is needed
- He would have complied with a presidential directive from the American president if he had received one
-Despite the media criticism aimed at Musk, Secretary Blinken showed support
- Interestingly, Musk is being criticized for voluntarily providing StarLink services
- If StarLink had never been offered, there would be no criticism
- SpaceX has spent around $100 million supporting StarLink in Ukraine
- Musk is confused over the Biden administration's stance and accusations toward him 19:10 – Green Shoots of X
- The company improved its advertising, which is boosting its finances
- Despite a smaller team, many new features were launched in the past year
- Maintaining Twitter isn't as complex as some think and doesn't need a big team
- This rapid development has been achieved with about 15% of the original company size
- Tesla's self-driving software team is smaller but handles more complexity
- Areas like advertising sales and network operations need improvement
- User engagement metrics are positive
- There's cautious optimism about the company's future after recent improvements

We took notes 🗒️ on >400 Podcasts in 2022. Here are BEST 20

MEGA 🧵👇 Episode 84 – Sleep Toolkit: Tools For Optimizing Sleep & Sleep-Wake Timing | Huberman Lab
podcastnotes.org/huberman-lab/e…

This week @naval did a Twitter Spaces, here are our NOTES 🧵 @naval What Web3 Is
Open source is at the core of Web3 and Crypto. Think of Web3 as the business model for open source. Web3 is where the code is open, users own their data, and contributors own the network.