21 sats \ 1 reply \ @_stacktoshi 6 Mar \ on: Economist Robin Hanson on Why Bitcoin econ
It would have been nice if he provided some examples like one of the comments did:
  • Balaji Srinivasan popularised the concept of network states (many of the early "citizens" in Prospera ZEDE are crypto builders or at least would describe themselves as crypto-adjacent)
  • Vitalik is currently working on Zuzalu, his own variation of a network state; he also funded longevity non-profits in the past
  • Brian Armstrong founded NewLimit with the goal of extending human healthspan
  • Of the 800 or so accounts I follow on Twitter, which consist almost exclusively of crypto developers and founders, 142 follow Robin Hanson
I could go on here about many more less well-known people, some of whom I know personally, who are doing extremely cool and potentially world-changing work. Be it around longevity, new governance models, public goods funding, sybil resistance/privacy preserving mechanisms to verify that you are a human being, and much more.
I'm not sure if that's a subset of who RH was referring to, but Balaji & Armstrong seem to have earned their money on the business side of "crypto" rather than being "speculation winners". Vitalik is just a smart kid with nothing better to do than create build a shit-coin casino backbone. I don't think he ever got a chance to obtain wisdom through real-world adversity, did he? What has he really risked??
write
preview
0 sats \ 0 replies \ @oliverweiss OP 7 Mar
I am not sure either, there is however a way more rich people in bitcoin like, I don’t know, Peter McCormack, many devs, crypto maxis, the ones who got in early.
Sometimes people start out poor, and end up rich. Sometimes this is because they create real net value for the world, and sometimes this is because they gambled.
reply