Weisenthal then went on an epic and hilarious tweetstorm about how some people talk about blockchain that was retweeted and liked hundreds of times: I just made that up, but if some blockchain thought leader tweeted that, nobody would even blink. “With blockchains, our values automatically become universal, while our morals remain personal” The dumbest thing you can tweet is probably indistinguishable from something someone says sincerely. One way to demonstrate that “blockchain” is nonsense is the it’s very hard to tweet something obviously stupid about it. (Disclosure: Like most New York-based finance writers, this author is a social friend of Weisenthal’s and has had to hear him rant about cryptocurrencies ad nauseam for years). He’s not a Johnny-come-lately to blockchain technology and has been obsessed with it for quite some time. During his six-year stint as Business Insider’s executive editor-where he turned it into an internet powerhouse-Weisenthal even created his own cryptocurrency, called Stalwartbucks, named after his blog and Twitter handle “The Stalwart”. That caught the attention of Joe Weisenthal, the Bloomberg host and markets editor. Markets and blockchains enforce rules without rulers. Evolution and capitalism create spontaneous order. The idea that we usually need authorities to guide and govern. our belief the world was flat slowed human progress by preventing trade and exploration). What’s an example of someone using a flawed widely believed mental model (understanding of the world) with terrible consequences. Ravikant is a fan of Parish’s, so much so that he even links to his Farnam Street page on his personal Twitter profile. In the past couple of years, Ravikant has been investing in the blockchain space. Then again, a couple of homeruns can more than compensate for everything else. Besides running AngelList-which is the go-to site for startups looking for partners, capital, and employees-he was an early investor in dozens of tech companies, including Twitter, Uber, and Postmates, as well as smaller ventures that went nowhere. One such guest on Parish’s podcasts has been Ravikant. There’s also a newsletter and seminars and podcasts. Though Parish is based in Toronto, Farnam Street is the road where Warren Buffett’s Berkshire Hathaway is headquartered and the blog, of course, often praises the Oracle of Omaha and his sidekick, Charlie Munger. The stuff Wharton’s Adam Grant is all about (and does a better job of it), for instance. “We address such topics as mental models, decision making, learning, reading, and the art of living.”Īccording to Parish, he has “helped millions of people master the best of what other people have already figured out.” You know, the sort of fluffy stuff that finds its way into business school curriculums so that students aren’t just learning how to increase the earnings of a company by decimating its workforce. For those unfamiliar with it (we were on that list), the site’s “About” section says: It all began in Sunday morning from a tweet by from Shane Parish, the founder of something called Farnam Street. That’s because the show’s co-host, Joe Weisenthal, took to Twitter to rip into Ravikant’s lofty pronouncements about blockchain technology. Don’t expect AngelList CEO Naval Ravikant to appear on Bloomberg’s “What’d You Miss?” any time soon.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |