1/ Regardless of how many “friends” and followers we have, the Dunbar number is not getting any larger.
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@NickSzabo4 Dunbar nr is abt certain types of relationships. We organise on different lvls with different trust lvls. http://simondlr.com/post/84606923548/systems-trust-and-the-blockchain …
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2/ Any “wet” parts of Bitcoin 2.0: reputation, IDs, etc. will still be local, error-prone & costly.
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3/ Great gains will come fr code on block chain. Great value will come fr tying to existing institutions, not fr reinventing fr scratch.
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