Tag: Status

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Internet Culture Startups

Day 509 and History Lesson

I’ve been working on a talk for Coindesk’s Consensus in June. I’m doing a talk for their Big Ideas stage that Alex cleverly named the InDAOstrial Revolution. I’m pretty excited about the topic as it’s science fiction & finance history and social organization. It’s basically all my favorites. A

The invention of corporations was a transformative innovation for human organizing, driving the growth of the industrial revolution. Can DAOs drive an equally explosive innovation cycle? Decentralized autonomous organizations, or DAOs, offer us a shift towards open and inclusionary entities for marshaling resources and energy. This session dives into their potential futures, including open web public goods, the end of doomer capitalism, techno-optimism collectives, and the possibility of a networked nation state. Come for the sci-fi vibes, stay for the boomer neoliberal skepticism and get a pleasant dose of economic history in the process.

I’ve been doing a little bit of deep diving into the history of the corporation and it’s role in American history in particular. And when I was procrastinating during my flu I watched Gilded Age. Just so you’ve got an idea of my mind set. And honestly it’s been a mind fuck.

I’m not a historian but I think you can make the case that America had corporate governance before we had a functional state or federal government. In fact, this History of the Corporate Form from Fordham Law showed me the wildest fact I’ve ever seen. In America the corporation came before the state.

Other notable “joint-stock” companies, such as the Virginia Company, helped expand British control of North America. In fact, the Virginia Company established the General Assembly, which was the first legislature in North America.

The idea that some monarchy set a corporate charter up to extract commodities and that corporate organization led to a three hundred year experiment in self governance is astonishing. You really never can tell about an event’s downstream ripples. Our entire political way of life was downstream of property rights.

Of course, the reason I point this out is that how we organize and govern our resources and at what scale is what defines history. The ability to trust your goals and your investment will be executed, even if you are not personal overseeing it, is as it turns out a key innovation catalyst for all other technologies. The more efficient we are at at marshaling and deploying resources the further we get as a civilization.

The case I would like to make is that DAOs could help us unlock more sophisticated financing that enables ever further scale and coordination. If the corporation created American, can the DAO led other new nation states?

I can imagine a network state made up of sub-DAOs that provide interlocking economies. Some DAOs are responsible for infrastructure. Others are for services. Maybe we share some key responsibilities across one oligopoly for key social services like health care. The more something needs scale to succeed the more large scale collaborative behavior gets rewarded. I don’t doubt we can create some truly dystopian shit but also maybe it finally gets us to Mars.

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Internet Culture Media Politics

Day 482 and Vibe Shift

A month or so ago a piece written by a New York marketing executive titled Vibe Shift went viral among the chattering classes. The premise is that we are on the precipice of a cultural change that is upending everything from politics to fashion. And depending on your perspective, this shift might include crumbling dystopian decay or vibrant fuck it optimism. Or in the case of web3 absolutely both.

I think the Vanity Fair piece on the New Right is chronicling one of the first emergent vibe camps to emerge from the vibe shift. The article is a look at the art, intellectual environment and personalities of the “not quite conservative” new right. And it’s a largely positive even glowing send up.

If you believe the Citadel is a corrupt institution and moral moral crisis then the Vanity Fair piece should have been negative. It’s a surprise that it wasn’t. Not long ago we were subjected to intense narratives about the dangers of nRX neo-reactionaries and it’s infiltration of Silicon Valley. It was a real and urgent issue that the center of so much money and power might doesn’t align with the cultural values of media or academia. If you don’t speak this language the Citadel is code for the left leaning creative and cultural institutions like Hollywood, academia and media.

So why isn’t it a crisis any more that there is a new breed of influential “not quite” conservatives? If anything the right in America has shown itself to be capable of so much more than just boat parades and goofy hats. Some of these fuckers were expanding the Overton window on peaceful transitions of democratic power on January. It might actually be getting worse.

Except now the left fucking sucks too. Now I’m not justifying fascists. These Christian Nationalists are trying to roll back modernity and pluralism. Fuck them. They fuckers don’t even have a demographic majority. So it pains when I say the vibe shift is showing the left as the worst version of themselves while the right is showing a new cultural ascension.

To a lot of normal moderate people the left looks controlling, scolding, frigid, and conformist. Everything from mask politics to gender relations has started to make the left look insane. It’s entirely rational people would be seeking a vibe shift for something more welcoming.

My theory is we are about to see a massive resurgence of affection for all kinds of conservative hobby horses. Especially of vibes that used to be the province of the traditional left. Everyone is sick of being shamed while they go about living their lives. And whoever wins that vibe war will win America.

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Startups

Day 470 and Social Skills

Startups are just as much about social hacking as they are hacking something technical. We worship the archetypal “coding nerd” who is brilliant but awkward, but in reality building shit requires an awful lot of social finesse.

I meet with a pretty wide range of founders. A lot of them are clever but relatively normal people. But many founders are fucking beyond weird. I see a lot of neurodivergence. But it’s not all towards the awkwardly autistic. Plenty of founders, especially in web3, are almost supernaturally charismatic. No literally it’s magic.

And that magic is good for making something new. The ability to empathize and listen is hugely prized in leadership. Being present and able to socialize in any social context is key to bring diverse groups together. We are much more willing to throw in our resources behind a founder who can rally us together. And this is just objectively good for the startup. Of course investors want to back that kind of person.

I think some people are offended by this reality. We see endless pop culture depictions of narcissistic sociopaths raising shit tons of money and then destroying their companies. I’m honestly a little sick of it. It’s no secret that Silicon Valley, but capitalism on the whole, occasionally rewards charlatans. I don’t think it’s particularly indicative of anything but human nature. Like Fox Mulder I too want to believe.

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Travel

Day 459 and Humiliated

I am inviting a friend with a “bad visa” to spend a vacation with my family over the summer. We’ve got a road trip to national parks as well as a family reunion with full on Boston lobster boating as options for a great trip. It’s a big to do and a pretty quintessential American summer vacation. After the pandemic those kind of tourist dollars are clearly much needed.

However the American government doesn’t seem as keen as I am to show off the majesty of our nation. It’s really hard to get a tourist visa granted if you are not from a desirable nation like Sweden or the United Kingdom. Basically as the American if you invite someone who requires a tourist visa it involves something called a Form I-134. And it is extremely noisy. The goal of the form is to show the Feds your guest won’t become a ward of the state.

They want to know the balance of all my savings and checking accounts, the value of my personal property, my annual income, a list of stocks and bonds, my life insurance policy and it’s cash surrender policy, and any mortgage or real estate. The immigration lawyer said they look for about 10K in assets as a safety net in case something happens so maybe this is easier for people with normal jobs and salaries. I haven’t taken a salary in quite sometime.

But no joke they make you swear on perjury you have these assets and put in a number of scary paragraphs about how the Feds will garnish your wages if your guest applies for any kind of benefit program like food stamps or Medicare. I find it a little comical as it’s practically impossible to qualify for anything but sure guys let’s scare people into reconsidering inviting tourists to spend money here.

It all has the effect of being a bit humiliating. I’m ashamed I can’t figure out the paperwork without hep. The federal bureaucracy has easily felled better minds than mine but also shit I’m pretty smart. How does an average person manage? I feel ashamed that American is so unwelcoming. I’m ashamed my friend is being treated like some kind of potential mooching criminal.

If America is to even pretend it’s making an effort at being a shining city on a hill, we should start by being more welcoming. Treating guests as welcome seems like a good first step.

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Emotional Work

Day 438 and That’s Enough

I attended a schooling system developed by an Austrian man called Rudolf Steiner. It’s commonly known as Waldorf schools. One of its hallmarks is a lack of comparative grades.

Steiner believed that grades forced teachers and students into a curriculum that taught to the middle of the class. The tyranny of the median student meant slower students felt stupid and frustrated and smarter students felt bored and disengaged. Only the average child did well in a graded system. And no one is ever truly average. A graded system fails us all.

Waldorf schools teach a pedagogy that is holistic and geared to meeting each individual child at their unique level. It uses a variety of techniques like having children make their own textbooks (called main lesson books) so they are never conforming to some idealized medium standard. At it’s highest ideal it means being compared only to your past performance. You don’t compare yourself to other students. There is no ideal grade at which a student will think “I am the best” as that is fruitless. How will the best student ever bother to improve if they always get a perfect score? Grades hamper the cultivation of genius.

This sounds idyllic right? Always improving yourself without external markers that say you are good or bad or even average. That’s the dream. A perfect schooling system. And if I am being honest it absolutely was what provided me with the curiosity and desire to always be learning. It sustains my career now.

But every shining light casts a shadow. A system without grades. A system without comparisons or averages also means you never ever get to win. I never got a gold star as child. I never got an A. I never got a trophy. I missed out on millennial laziness cultural tropes. I would have killed for a participation trophy as a kid.

Because nothing was ever good enough. Because I always knew I could do more. I could always improve. There was no resting on your laurels. I never got a chance to say I was the best in my class. I never got to win. Because I internalized there was no winning. There was only ever improving. I was always improving. I felt like Sisyphus. Except the bolder never rolled down the hill. The hill just kept on going. The mountain had no summit. It was only improving. I never felt like I could rest. I never felt like something was good enough. Because tautologically it couldn’t be.

The consequence of this system for me as an adult is that I never feel like I’ve done well such that I can ever rest. Even if I’m objectively the best compared to others, I remember the ethos of school. The school that said next time you can do better. Next time you can push harder. Next time you can improve even more. If you’ve ever seen the movie Gattaca it’s the scene where the hero wins because he never ever saves anything for the swim back.

I’ve yet to balance the shadow cast by the light of Waldorf school. I desperately want to feel like I’ve won. Not because I need to feel better than anyone else. But because I struggle to stop. I yearn for rest. To have a finish line. To have some mile marker or trophy or award that says I’ve done enough. One day I’d like to give myself that. Maybe I should find a trophy or ribbon store and buy myself something that says “That’s Enough.”

Categories
Politics Travel

Day 435 and Coming to America

I’ve had occasion to try to get an appointment at the consulate in Frankfurt. I’m helping someone with a visa situation. And holy fucking shit I had no idea how how hard it was to get a hold of someone, literally anyone, at the state department. Now I grant maybe they are a little busy at the moment but I’ve spent over 10 hours over the past 24 trying to get ahold of a person.

First I tried calling the consulate. I got lost in the phone tree several times. After finally learning the proper branches (it’s four steps in) I was able to get to an operator line. It rang. And rang. And rang. And rang. I let it ring for ten minutes. Nothing.

I decided to try another tactic. I went back into the phone tree to see if there was another number. I kept trying permutations. I hit dead end after dead end. Finally I got lucky. They provided a phone number. I took it down. I asked someone else to listen to it to be sure I hadn’t misheard. Our numbers matched. I called. “Your call cannot be completed as dialed.” Ok weird. Maybe let’s try with another country code. Nothing. If anyone can figure out what 032221093243 is supposed to be I’d very very grateful.

So the phone was a dead end. I began emailing. I was able to find a basic visa email for the consulate. The auto response said it was deleted.

In the meantime I had emailed constituent services at my Congressman’s office. I live in Colorado’s Second Congressional District so I am represented by Joe Neguse. They asked for proof of my address and my social security number. I had no idea if the website was secure but fuck it I hit submit. I got a response from a constituent services person. She said she would reach out to the consulate. Amazing! I felt like I was on a path to victory.

Ok….so now what? I emailed the consul again with a different format on a tip from an internet friend. This auto response had a link to a google sheet explaining how to write an email with the proper code to get a response! I sent in an email with the correct formatting to prevent automatic deletion. This generated an automated response. But that email had a a link to a live chat! Fuck yes! I opened the live chat. A bot responded. I answered a series of questions. The bot decided it was time to send me to a live operator. Please hold for a live operator.

I waited. And I waited. And I waited. After 48 minutes in the live chat box a human arrived. Fuck yes! I explained the situation. He said he would check on appointments. Please hold. I waited for another ten minutes. There were no appointments at all. He explained that this meant there were no available appointments. That sadly 999 days till the next appointment meant that there were no appointments. There was nothing he could do.

The next day my congressional support person emailed back saying she had heard from the consulate. So clearly constituent services works great! Alas the news from the consulate was bad. They confirmed what the live chat had said. There was no appointments to be had. They included the same live chat link. The best advice they had was to keep checking back for appointments but it was unlikely to open up. We could check other cities but most of them also listed no available appointments. And they issued a warning. You cannot reschedule too often as after more than two changes to the system you are forced into a six month waiting period before you are allow to try again.

So that’s the end of my Kafkaesque twenty four hours. With no resolution in sight. If any of my friends have friend at the state department that can figure out how to schedule an appointment for visa services at the consulate in Frankfurt (though we will happily travel to any other German city too) hit me up. Until then I think I’ll be lobbying Congress for a bigger budget for our consular services. Maybe even try my hand at immigration reform.

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Media

Day 429 and Not Unique

I’ve always assumed that Americans were, well, kind of the worst, when it comes to racism. Maybe it’s because we don’t generally lie about the fact that it’s an issue in our media. It feels like half of our news is about race.

Sure Twitter gets indignant about “the discourse” and regular folks get angry at being called racist for shit like voting for Trump. But like in general it’s not news that Americans have trouble with race. It’s kind of a given stereotype. We get more about being labeled a racist than we get about actually racist behaviors.

But you always assume that your problems are the most acute. I had a misguided unconscious bias that Americans are uniquely plagued by racism. But even within a few days of being in Germany I am reminded Americans aren’t the only ones who practice “casual” racism in every day situations.

I’ve noticed grocery clerks keeping an steady eye on brown shoppers. I’ve seen glances and grimaces when groups of men speaking another language go by. (Albanian in this case). And I’ve overheard conversations complaining about immigration and resources and costs. And then there are the journalists discussing the war in Ukraine and how unimaginable it is that Europe could be at war. Isn’t that something that only happens elsewhere? As if the Baltic and Balkan stated weren’t absolutely European too.

In some ways it’s comforting to see this play out somewhere that isn’t my home. It’s just human behavior. Ugly horrible behavior but not unique to anyone or any place.

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Internet Culture Medical Startups

Day 415 and Accessibility

I don’t think of myself as disabled or requiring special accommodations, though I have a well controlled medical condition that swells my spinal cord called ankylosing spondylitis. But for the first time since my diagnosis I really felt like I was handicapped. And I am feeling so much sadness over the idea that I might genuinely be disabled.

I’m attending ETHDenver and it’s wildly over capacity. No consideration has been given to any kind of basic accessibility. I didn’t think it would effect me though till I got here. I can walk without a mobility aid and if you met me you’d never know I have an issue. But I can’t stand in line on cold concrete for two hours. It turns out I would need a wheelchair for that kind of activity. And even if I had a wheelchair the first two days were in the cold and snow so I couldn’t have wheeled over or around the slush and water.

So I have only attended private parties and small events and group outings. This is great for me as I’m a well networked established member of the startup ecosystem. I’ve got a popular Twitter handle and can easily reach out to people. But I’m noticing just how much a bit of inaccessibility will gatekeep the crypto and web3 community. If you don’t have my heaps of privilege there is no way you could navigate this conference.

And we really need web3 to be welcoming and accessible. To build a better future with infrastructure and economies we all collectively own and benefit from we need an order of magnitude more people participating. But if no one can get in and experience things first hand than web3 will just be a repeat of the oligarchy of web2. It’s honestly my worst fear for crypto. We will accidentally exclude the people who will benefit the most from our innovations.

Categories
Startups

Day 412 and Status Anxiety

I’m attending Ethereum Denver through the weekend. If you aren’t familiar it’s a fairly substantial crypto conference with wide appeal and good credibility across the entire ecosystem. I don’t have any special hookups nor do I have a careful plan of attack. It’s my first time attending a large industry event as an investor.

Truthfully I’m incredibly nervous. I’ve never been on this side of the table before. I’ve always attended events as a founder. Which is an entirely different mix of status and social positioning from a venture capitalist. Founders are the cool ones. The top of the social hierarchy. It’s the hardest job in the business and in exchange we revere them as a kind of messianic class. We all place our belief in the people who start building from nothing. Even if you haven’t yet had a big success it’s the act of beginning that has the potency. Anyone who has the guts and steel to try to make something new is part of that rarified class.

So while I ostensibly have more power than I’ve ever had in my entire career, I also feel a slight sense of social anxiety. This is the first time I’ve not been in the anointed. So in a very real sense I’m walking in without any of the power that I’ve had before. And I’m a little scared.

Will people think I’m cool? Will I get invited to go to the right parties? Will the right people want to talk to me? Will I look good enough? Will I be able to hold my own such that I can capture the attention of other peers?

I’m used to needing to network hard to find the money. I’d roll into events with my team squashed into one room and we’d plan out every single minute to maximize our budget. Now I’m the one teams will be searching for pitch.

It’s this strange blend of gaining new status but missing the old place and position in a culture that has me a little nervous. So if you find me at the conference know that if you are scared to strike up a conversation you are not alone. We are all looking to find each other and connect.

Categories
Aesthetics Internet Culture

Day 393 and Red Pilled

Maybe three years ago William Gibson was promoting his new book. It was the last event I attended in a pre-pandemic world so it stands out to me. He gave an interview where he mentioned reading a novel by Hari Kunzru called “Red Pilled” and that he found the plot as a plausible near future.

I immediately bought a copy as I’m heavily influenced by the prescient near future work of @GreatDismal. The book was about a member of the blue check media class slowly going stark raving mad because of an elaborate right wing alt-reich troll farming operation. It was uncomfortably clear on the kind of elaborate cultural war tactics that goes into pilling normies. Dank memes and slowly you are accepting the aesthetics and touchstones of former Reich minutiae or Nordic runes or pick your mythical volk white mythology. Memes are dangerous gateway ideology kids.

I didn’t really think anything of it at the time. Then I lived through the pandemic becoming an elaborate death cult ritual with totemic significance for both warring sides. I realized we are in the middle of a massive meme war for the soul of internet culture and most of us don’t know we are victims yet.

Walk down one wrong hobby hole on Reddit and suddenly you have become friends with folks with more than passing fascinations with authoritarian culture. Honestly it’s freaky as shit and I’m absolutely socially friendly with people who don’t think I’m a fully autonomous sovereign individual. And yes I mean both socialist Soviet apologist Tankies and TradCath beach fascists.

The latest example of mass hyper object cultural murmurations might be the Bored Ape Yacht Club. And not in the way you think! It was brought to my attention by Venkatesh Rao and he clicked together some signs I’d registered but not processed. It’s entirely possible someone pulled a QAnon semiotic culture jacking with everyone’s favorite NFT project and made it so we all consumed a bunch of Nazis culture.

Which sounds like a deranged conspiracy theory by woke activists but might actually be true. Someone did quite a bit of homework on the BAYC aesthetic history and it’s connection to racist reactionary political traditions, but it’s inherently unreliable as the story is being told by another elaborate culture artist. Who the fuck knows? Are there even sides to this kind of culture war? Can I be a conscientious objector?

If even a fraction of the wild associative leaps are premeditated it would be a kind of aesthetic scandal on par with the country electing a reality show host. A couple nRX message-board fascists cosplaying as Zombie Nazis grift 4 billion dollars in market place from venture capitalists and gullible celebrities. What a collective failure to repudiate literal Nazis! Lol. Maybe this means our unconscious might think some of this is right? Oh god maybe we did read a human biodiversity essay that made a convincing point. We seem to be a lot closer to black pilled. Fuck. Is this psychological warfare?

Honestly I hate this fantasy so much I hope it ends up being the largest milkshake ducking in history. Except at the end a whole bunch of us end up simping for the technical value of a bunch of Hitler memes. Fuck I’d die if this is how we all got pilled on antique fascist aesthetics. I’d love it even more if Peter Thiel were involved so the left wing conspiracy types could build their own QAnon metaverse. Already we’ve been warned about meme magic and the spiritual traditionalism that is animating a global new right. And I’ve got to be honest some of the threads going around have some elaborate research and narrative work. It’s propaganda level and designed to be compelling and confusing.

BAYC is of the most intricate hidden trolling campaigns in history created by very intelligent 4chan-related trolls who have hidden lots of nazi and alt-right innuendoes across the collection I’ve gathered enough proof to confirm it.

I honestly have no idea who is playing who in this saga. I’m think @vgr is probably right that even the terminally online struggle to make sensible or legible this level of signaling. So we brush it off. But it’s going to be an inception vector. So be careful when you react to an event. You might be primed to respond to their propaganda and not even know it.