Thinks 534

Molly White: “My overwhelming feeling is that Web3 projects seem to be a solution in search of a problem. It often seems like project creators knew they wanted to incorporate blockchains somehow and then went casting around for some problem they could try to solve with a blockchain without much thought as to whether it was the right technology to address it, or even if the problem was something that could or should be solved with technology at all…I firmly believe that companies first need to identify and research the problem they are trying to solve, and then select the right technology to do it. Those technologies may not be the latest buzzword, and they may not cause venture capitalists to come crawling out of the woodwork, but choosing technologies with that approach tends to be a lot more successful in the long run — at least, assuming the primary goal is to actually solve a problem rather than attract VC [venture capital] money.”

Every on the neuroscience of achieving goals: “Dr. [Andrew] Huberman lists 8 specific actionable science-backed strategies for achieving our goals. They can be broken down into three main categories: 1. Goal Setting: how do we set the right goals? 2. Goal Execution: how do actually do the actions required to achieve our goals? 3. Goal Persistence: how do we stick with our goals?”

Mohit Satyanand: “So much political capital is built from the narrative that the government – aka the benevolent leader – is providing something from the largesse of his heart. Free vaccines, free gas, free houses, free medical care. The success of socialist policies comes from nurturing the illusion that government services come free of any cost to the beneficiary. If the poor think at all about the funding of such programs, politicians lead them to believe the rich, the other, is paying for them. Little matter that the government raises almost as much from taxes on bidis, chappals and cycles as it does from the incomes of the super rich. Indirect taxes, on goods and services, account for almost as much government revenue as ‘direct’ taxes on personal and company income. If we all got over this illusion of Other People’s Money (the OPM of the masses), we should be asking how efficiently the government spends our money.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.

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