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Trying to understand the psychology driving a user to desire and eventually buy an #NFT. Specifically, a gaming token. Speaking to Gen Z users is eye-opening. They will talk about their *emotional* investment in the game rather than the number of hours spent on character building

Why appear as the bad guy, by plastering the Internet with ads, when you can exploit your users' desire to not be poor and let THEM plaster the Internet with subscription buttons that you can profit on?

@jeffsussna I don't use either. I especially don't use Zoom.

One of the most important aspects of presenting, especially new ideas, and especially to a small audience, is capturing the visual feedback of participants. I can't believe I have to buy a 2nd monitor (or resort to other hacks) to achieve that with Google Meet.

The current proliferation of many cryptocurrencies with a narrow adoption is something that humans already experienced multiple times throughout the history of money. Here's an example. Compare these two books and notice the similarities:


@termlen0 Thanks for sharing, Ajay. Unusual recommendation! Your book is now on my list:

What is the book that changed your life? (not novels or religious texts)

Asked on Jan 18, 2022

@mccrory That is the most likely outcome for most customers anyway. Compulsive buying at night, possession of the item first thing first in the morning.

There are some significant logistic issues in actually receiving an item at 4am for most people.

Amazon unlocks overnight delivery*

The friction in online shopping keeps getting eliminated. This change is most significant: it’s at night that compulsive buying reaches its peak (because there’s nothing distracting you).

*only for selected items in the US, for now

(h/t Dave)

Ohhhh. For the longest time I anticipated night deliveries (eventually leading to 24/7). In fact, that’s what I expect will unlock the ultimate buyers sprees together with shorter and shorter delivery windows via drones.

@mccrory Can you post a screenshot by any chance? It’s not yet available in London.

A frequent criticism of #web3 is that "it's a giant Ponzi scheme". So I decided to learn the history of money: how it came to be, why, and when. By the time I finished this book, I realized that it's a must-read for anybody with a position against or pro, #cryptocurrency.

Without ever referring to cryptocurrencies or other #web3 concepts (they were not even on the author's radar at the time of writing), this book is full of surprises that pertain to those technologies.

For example, human societies went through alternate phases where they either used credit systems and virtual money or cash based on gold and silver bullions and coins. And virtual money came first.

In another example, governments almost always legitimated a new currency (virtual or real) *after* it was being used by private citizens for at least one generation.