.@NickSzabo4's essay on social scalability is still my favorite introduction to bitcoin/crypto for people - https://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html …
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I think because it resonates so closely with my own experience. I run a tiny business yet have customers in over a hundred countries. Absolutely inconceivable even two decades ago.
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*Almost* inconceivable :-) http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/szabo.best.vwh.net/multi.small.html … I'd love to get your thoughts on how this 1993 daydreaming compares to your actual reality.
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Touche! I would say it matches up pretty well. All of this is enabled by the telecomm revolution over the last decade. I remember faxing back and forth schematics with China in late 2000's - ability to screenshare makes it radically better.
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Apart from the legal issue which I think is still problematic though I like
@homsiT's take, the two big remaining costs are time zones and quality of the telecom. Time zones necessarily make feedback loops longer which has a real cost to speed. -
I think the other major cost is just that the tools we have built on top of the telecomm networks are still not native to remote working. More bandwidth and proliferation of video calls has been great, but there's still so much context that gets lost.
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Can you just take a few years off so the rest of us can catch up?
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That would be a disservice to the world. Please don’t advocate for that.
End of conversation
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I’d only say we currently have less of “jurisdictional independence” and more like “universal american jurisdiction”. With a delaware c corp and eg Stripe you can immediately start generating revenue from customers almost anywhere, raise american (most) VC, etc.
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