I highly suggest consuming the full piece here (10 min. read time)
“One of Girard’s core insights is called ‘mimetic desire.’ He believes people don’t want things because they instinctively want them — they want things because other people have them. They feel if they could attain those things, or the status those things bring, they would attain some of the being they imagine the other person having.” — Erik Torenberg
Imitating on a perceptual level: “We imitate what we perceive our neighbor’s desires to be. We don’t think first and then desire — we desire first and rationalize our desires second…This may seem strange to some, but think about how many things you desire simply because someone else’s desire for that thing has made it attractive.” — Erik Torenberg
Outcomes of mimicry: “We want others to love what we love, admire what we admire, but when they do, we suddenly find that they’ve become competitors, leading to conflict…by focusing on the same object of desire, people start to copy each other — not only in desires but also in tactics to achieve their desires. The more similar they become, the more vicious the rivalry.” — Erik Torenberg
Scapegoating: “…scapegoating preserves social peace only so long as the scapegoaters think their behavior is justified. That, after all, is the very definition of scapegoating: persecution of an innocent victim believed to be guilty.” — Erik Torenberg
My two cents: I know I don’t consume enough philosophy and other content that is a little bit outside of my intellectual comfort zone. Maybe it’s because it’s easier to become distracted when it’s harder to understand what you’re reading. Erik does a really good job of not dumbing down his piece on a complex topic, but more so, provides subtle “sign-posts” throughout his essay. Mimetic desire and scapegoating are two interesting topics that I’ve only somewhat recently learned about.
I highly suggest consuming the full piece here (40 min. read time)
“But DAOs are re-emerging, five years later, with a diverse set of use cases, a growing software toolkit, and new governance and incentive models. A bunch of smart people I follow have been talking about DAOs recently, as the ‘what’s next’ after NFTs.” — Packy McCormick
What a DAO is: “A DAO is ‘decentralized’ in that it runs on a blockchain and gives decision-making power to stakeholders instead of executives or board members, and ‘autonomous’ in that it uses smart contracts, which are essentially applications or programs that run on a publicly accessible blockchain and trigger an action if certain conditions are met, without the need for human intervention.” — Packy McCormick
Why DAO: “…DAOs are a new way to finance projects, govern communities, and share value. Instead of a top-down hierarchical structure, they use Web3 technology and rapidly evolving governance and incentive systems to distribute decision-making authority and financial rewards. Typically, they do that by issuing tokens based on participation, contribution, and investment. Token holders then have the ability to submit proposals, vote, and share in the upside…DAOs are all about maximizing stakeholder value. The users and contributors are also the investors and owners.” — Packy McCormick
Thinking about Bitcoin vs. Ethereum: “Bitcoin is digital money. Ethereum is a platform on top of which builders can create anything, from apps to entire organizations. Ethereum, Bitcoin, and other blockchains are Layer 1 in the Web3 tech stack. For Bitcoin, all of the magic happens at Layer 1, but with Ethereum, most of the magic happens in Layer 2, the protocol and smart contracts layer.” — Packy McCormick
My two cents: This is the piece I’ve been trying to find. This is hands down the best history and primer on DAOs I’ve come across. Packy also shares the history and explains other aspects of DAOs that make understanding them much easier. Yes, it’s a longer read, but it’s so incredibly worth it. There were so many takeaways in this piece that I could hardly decide what to display above.
I highly suggest consuming the full piece here (6 min. read time)
“We like to believe that everyone views us the way we view ourselves—from the most sympathetic angle. We believe that we have good reasons for doing what we do, that our intentions are mostly honorable even if our actions are not. We want everyone to agree.” — Ava
The reality of sharing yourself: “When you share things about yourself willingly—posting pictures of yourself online, writing a blog—you’re making criticism inevitable. You’re releasing information into the wild and people can respond to it however they want. They can approach it with the right context, or absolutely no context. You’re allowing yourself to be seen, to be known, and in return you might be seen in ways you realllly don’t want yourself to be seen.” — Ava
On being known: “Of course, even if you don’t want to be online at all—even if you want to share as little of yourself as possible—you can’t escape the mortification of being known. It’s only by risking something important that we can produce good work and form meaningful relationships. The possibility of judgment is the price we pay for real love.” — Ava
Perfection and love: “I used to find it hard to relax in relationships because I hated the idea of being seen in all my hideous imperfection, my anxiety and neediness. I think one of the most helpful things I’ve realized over time is that I don’t need to be perfect to be loved. That what I actually need is to allow myself to be known, to let someone see as much of me as possible. That what binds two people together is seeing all the ugliness and still miraculously, improbably, choosing each other.” — Ava
My two cents: Do you want to be known? I think the answer for me is yes, but also no. I think I wanted to be more known when I was younger, but as I grow older, this desire has subtly shifted. I’m using a lot of “I thinks” because I truly don’t know at this point. If I was more known, this newsletter would be potentially bigger. Which would be a good thing? Having a bigger newsletter adds to the pressure of delivering it every day, though. As with pretty much everything, there are always pros and cons.
Share Gradual Daily and Get Rewards
You currently have <<RH_TOTREF>> referrals
Click the button below to access your personal rewards hub.