Sublime

Some highlights have been hidden or truncated due to export limits.

The uncertainty in question will not be an accident of our circumstances — it will be entirely deliberate. We want to tempt others to engage in economic behavior, the output of which is uncertain, at the opportunity cost of behavior that is presumably much more certain. In effect, we are buying uncertainty with certainty.

Balaji Srinivasan, the tech entrepreneur and crypto advocate, is a classic example of a person who is high in generativeness. He tweets his thoughts just about every single day on a wide variety of topics, ranging from media to crypto to the pandemic. A lot of it is speculative or maybe even wrong, but when he has a hit it is truly important.

CZ was Changpeng Zhao, CEO of the crypto exchange Binance. Born in Jiangsu province, he was raised, from adolescence, in Canada, and educated there, returning eventually to China, with Canadian citizenship. He’d run through some ordinary jobs on the fringes of high finance—including a stint as a developer at Bloomberg—before landing as the chief te