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If we can democratize access to a veblen good, status becomes about being a part of something, rather than how much money you have. We already see this in products like Fractional and PartyBid, which enable collective ownership of highly sought-after NFTs, as well as in products like RabbitHole, which allow users to earn crypto by using the latest
... See moreGaby Goldberg • Social Token Paradox
The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
In the US, the Walton family has become immensely rich as Wal-Mart has surged into a dominant position in US retailing but with integration into Chinese production lines as well as retail stores worldwide. While there are obvious links between these sorts of activities and the world of finance, the incredible ability not only to amass large persona
... See moreDavid Harvey • A Brief History of Neoliberalism
Sam explained that he was trying to decide whether to simply pay off the $9 billion Bahamas national debt himself, so the country could fix their roads and build schools and so on. He’d recently met with the new prime minister to discuss this idea and some others. I learned later from one of the prime minister’s aides that after the Bahamian genera
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Scott Kominers • Decentralized Identity: Your Reputation Travels With You - a16z crypto
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Some highlights have been hidden or truncated due to export limits.
Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
In Stunning Speech, Peter Thiel Blasts Buffett, Dimon, & Fink As "Finance Gerontocracy"; Sees Bitcoin Rising 100-Fold
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