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I wrote this in the NFT thread but I know this thread has many more visitors. I still wanted to reshare here because this mental model has really helped me understand this technology better and I believe it might help others here too:
What is the creator economy? What is the social economy?
They are simply a set of words we are using today to encapsulate the big idea which is human interaction.
Human interaction is what allowed us to understand one another and cooperate, form tribes, to look after and feed one another, to learn about the world from each other and to expose ourselves to more and more beautiful renders of this experience.
With the advent of the internet, our ability to communicate with one another saw an exponential gain in efficiency, connectivity to the massive global human network, and the ability to iterate on ideas and converge to a majority consensus at faster and faster rates.
Crypto, is another word. It's used today to describe cryptographically secured transmissions of programmable data on blockchain networks. Phew. Fancy set of words. Only because it hasn't been simplified yet...
When we communicate our innermost experiences using a pre-defined language, the basis for communications lends itself to inefficiencies from the get go.
Here's another mental model for the internet, or crypto, that I like to think about:
Communication: you can currently make sounds with air, send frequencies of vibrations across different mediums, to get to your listeners ears, and hopefully translated despite what the other person's relationship with those words might be.
The internet: an emergent form of communication that sends "vibrations" of the entire collection of your communication across different mediums, to get to your listeners receiver device, and translated precisely as you wrote it, or painted it, or better yet showed it in a collection of moving images put together at 30 frames per second.
Crypto: an emergent form of the internet, and ultimately communication, that sends bits of code across networks of computers around the world, to encapsulate the entirety of the message you wish to communicate, but this time in an encrypted format. Your message is then decrypted by your listener, translated precisely as you wrote it, or painted it, or displayed moving imagesof, or this time, a message that is programmed to perform an automatic action upon interacting with your listener.
This, is where things get wicked. This new method of communication is the genesis of a brand new set of human interactions. Upon interaction with these "contracts" or capsules of programs, the network of participants trustlessly provides encrypted and verified services to the other members of this channel of communication.
This, we can think of as what our evolution of the idea of governance has manifested into. Because that is precisely what these networks, channels of communication, would be doing: allowing verifiable, uncorruptible encapsulation of human interaction, accessible by all who tune into this channel. How these chanels operate, can also be determined by those who tune into the channel. So if a channel seems to be producing weird signals, you can change the channel you're on into a more honest network, with more honest validators and participants, as can be evidenced by the performance and sustainability of the network (you can use mathematics to quantitatively model performance).
Guys I want you all to think bigger here - don't fall into narratives about what this stuff is. If it was a scam, if it was all just bullshit and a bubble, why is everything in the world seemingly converging to problems caused by human arbiters, and the on the other hand computer systems rapidly evolving to present alternate forms or communication that greatly reduce human arbitration bias from the rails?
There is beautiful synchronicity to that alone. Keep digging down the rabbit hole, there is much to see here.
What is the creator economy? What is the social economy?
They are simply a set of words we are using today to encapsulate the big idea which is human interaction.
Human interaction is what allowed us to understand one another and cooperate, form tribes, to look after and feed one another, to learn about the world from each other and to expose ourselves to more and more beautiful renders of this experience.
With the advent of the internet, our ability to communicate with one another saw an exponential gain in efficiency, connectivity to the massive global human network, and the ability to iterate on ideas and converge to a majority consensus at faster and faster rates.
Crypto, is another word. It's used today to describe cryptographically secured transmissions of programmable data on blockchain networks. Phew. Fancy set of words. Only because it hasn't been simplified yet...
When we communicate our innermost experiences using a pre-defined language, the basis for communications lends itself to inefficiencies from the get go.
Here's another mental model for the internet, or crypto, that I like to think about:
Communication: you can currently make sounds with air, send frequencies of vibrations across different mediums, to get to your listeners ears, and hopefully translated despite what the other person's relationship with those words might be.
The internet: an emergent form of communication that sends "vibrations" of the entire collection of your communication across different mediums, to get to your listeners receiver device, and translated precisely as you wrote it, or painted it, or better yet showed it in a collection of moving images put together at 30 frames per second.
Crypto: an emergent form of the internet, and ultimately communication, that sends bits of code across networks of computers around the world, to encapsulate the entirety of the message you wish to communicate, but this time in an encrypted format. Your message is then decrypted by your listener, translated precisely as you wrote it, or painted it, or displayed moving imagesof, or this time, a message that is programmed to perform an automatic action upon interacting with your listener.
This, is where things get wicked. This new method of communication is the genesis of a brand new set of human interactions. Upon interaction with these "contracts" or capsules of programs, the network of participants trustlessly provides encrypted and verified services to the other members of this channel of communication.
This, we can think of as what our evolution of the idea of governance has manifested into. Because that is precisely what these networks, channels of communication, would be doing: allowing verifiable, uncorruptible encapsulation of human interaction, accessible by all who tune into this channel. How these chanels operate, can also be determined by those who tune into the channel. So if a channel seems to be producing weird signals, you can change the channel you're on into a more honest network, with more honest validators and participants, as can be evidenced by the performance and sustainability of the network (you can use mathematics to quantitatively model performance).
Guys I want you all to think bigger here - don't fall into narratives about what this stuff is. If it was a scam, if it was all just bullshit and a bubble, why is everything in the world seemingly converging to problems caused by human arbiters, and the on the other hand computer systems rapidly evolving to present alternate forms or communication that greatly reduce human arbitration bias from the rails?
There is beautiful synchronicity to that alone. Keep digging down the rabbit hole, there is much to see here.
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