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patrissimo's profile
Patri Friedman
Patri Friedman
Patri Friedman
@patrissimo

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Patri Friedman

@patrissimo

On virtue, venture, family, freedom, crypto and (of course) building startup countries on the ocean.

San Jose, CA
patrifriedman.com
Joined October 2008

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    1. Tushar Jain‏ @TusharJain_ Mar 19

      Tushar Jain Retweeted

      The open source nature of crypto reinforces Kyle's point even further. If you don't do customer acquisition well, someone else will copy your product, out market you, and get the network effects. The crypto ecosystem will be the most competitive & cut throat we've ever seen. https://twitter.com/kylesamani/status/975807735529918464 …

      Tushar Jain added,

      This Tweet is unavailable.
      12 replies 45 retweets 138 likes
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    2. Patri Friedman‏ @patrissimo Mar 19
      Replying to @TusharJain_ @KyleSamani

      I think there are a ton of weird implications from the trivial to fork nature of open-sourced crypto, that I haven't seen written up yet. It seems hard for founders to capture enduring value. Anyone can fork & redistribute all value allocated for past work.

      1 reply 0 retweets 3 likes
    3. Tushar Jain‏ @TusharJain_ Mar 19
      Replying to @patrissimo @KyleSamani

      This is a framework we've been developing and blog post we've been working on :)

      1 reply 0 retweets 2 likes
      Patri Friedman‏ @patrissimo Mar 20
      Replying to @TusharJain_ @KyleSamani

      Hah, not surprised! Happy to collaborate if you're interested. My basic thesis is that keeping future value (unsold tokens) for past work may turn out to be impossible, as such allocations are dominated by "let's fork and divvy up Satoshi's coins".

      11:19 AM - 20 Mar 2018
      0 replies 0 retweets 0 likes

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