際際滷

際際滷Share a Scribd company logo

Crypto Refactor Talk

Justin Mares
Justin Mares

This document discusses how cryptocurrency can help solve "meta problems" that capitalism traditionally struggles with, such as climate change, public health, and education. It outlines three ways crypto can help: 1) increasing legibility of data and transactions, 2) aligning incentives through shared network incentives to overcome issues like the tragedy of the commons, and 3) reducing reliance on trusted third parties by decentralizing value creation and exchange. The author argues that crypto networks can help humanity invest more in human capital by solving problems where value is broadly created but difficult to capture.

1 of 59
Download to read offline
meta problems and the crypto opportunity @jwmares B Y J U S T I N M A R E S
today were going to talk about @jwmares
Crypto Refactor Talk
speci鍖cally @jwmares
speci鍖cally @jwmares
@jwmares and how crypto can solve humanitys next class of problems
@jwmares
@jwmares (2nd google image result from searching crypto utopia)
@jwmares but 鍖rst
start with 2 assumptions @jwmares
start with 2 assumptions @jwmares 1. crypto = the internet of value
@jwmares crypto is: programmable trustless no gatekeepers
start with 2 assumptions @jwmares 1. crypto = the internet of value 2. crypto = enables new vectors of value creation and value capture
@jwmares new vectors of value capture hard drive space prediction / insight compute
@jwmares (takeaway)
@jwmares crypto enables market forces to solve problems capitalism is traditionally bad at solving
@jwmares what are those problems?
@jwmares what are those problems? - climate change
@jwmares what are those problems? - climate change - public health
@jwmares what are those problems? - climate change - public health - education
@jwmares what are those problems? - climate change - public health - education - infrastructure
@jwmares what are those problems? - climate change - public health - education - infrastructure (to name a few)
@jwmares tragedy of the commons negative externalities
@jwmares capitalism is good at solving problems where value is:
@jwmares capitalism is good at solving problems where value is: 1. narrowly created
@jwmares capitalism is good at solving problems where value is: 1. narrowly created 2. easily captured
@jwmares capitalism is good at solving problems where value is: 1. narrowly created 2. easily captured 3. over a short and defined time horizon
@jwmares and is terrible at solving problems that dont fit those 3 criteria
@jwmares
how humanity solves problems broad value narrow value easily captured difficult to capture ??? multinational corporations individuals charity / government
@jwmares crypto will allow humanity to solve the next class of problems. ones where solutions will create broad value, but are hard to capture with existing tools
@jwmares crypto will allow humanity to solve the next class of problems. ones where solutions create broad value thats hard to capture with existing tools.
@jwmares it will expose the engines of capitalism to a class of problems humanity struggles to solve.
@jwmares i call these
@jwmares i call these meta problems
@jwmares example: eradicate cancer
@jwmares most meta zero meta doctor hospital builder researcher *http://justinmares.com/meta-problems-and-the-problem-stack/ startup focused on cancer cancer-focused fund increase $$ going towards cancer research
@jwmares how does crypto help solve broad, hard-to-capture problems?
@jwmares 3 ways crypto will solve this class of meta problems
@jwmares 3 ways crypto will solve this class of meta problems 1. legibility
@jwmares * http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/ szabo.best.vwh.net/synch.html
@jwmares micropayments + legibility micropayments + ubiquitous data allows for actions and transactions that should be priced, yet arent. can make the illegible, legible.
@jwmares example
@jwmares what this could look like
@jwmares allow for scalable investment in human capital - income share agreements - pay to move instruments - pay for discrete units of education what this could look like
@jwmares 3 ways crypto will solve this class of meta problems 1. legibility 2. shared network incentives
@jwmares shared network incentives cryptoeconomic networks can help overcome tragedy of the commons problems. these networks can align incentives to solve large-scale problems where incentives have traditionally been hard to navigate.
@jwmares
@jwmares investing in crypto is like investing in linux
@jwmares 3 ways crypto will solve this class of meta problems 1. legibility 2. shared network incentives 3. no reliance on trusted 3rd parties
@jwmares no reliance on trusted 3rd parties the decentralization of value creation and exchange allows for new markets. markets that trusted 3rd parties historically may have censored, blocked or corrupted.
@jwmares example
@jwmares example
@jwmares example
@jwmares - provable use of aid funding to reduce corruption what this could look like
how humanity solves problems broad value narrow value easily captured difficult to capture crypto networks multinational corporations individuals charity / government
@jwmares (last note) what does this enable? humanity to at-scale invest in our most underutilized resource - human capital
@jwmares goal - 鍖ourishing human society. a crypto-enabled society will out- compete other human societies because it can solve humanitys next class of problems.
@jwmares discussion + q&a

More Related Content

Crypto Refactor Talk

AboutCopyright
息 2025 際際滷