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  1. Feb 2023
    1. Cryptoeconomics

      A handful of things came to mind, and I thought I'd get them out right away (after the video meeting) so I don't forget. I think it's okay for organizations and ideas to fail. Diversity feeds innovation, and it's nearly impossible to know ahead of time what matters for success. Ironically, running somewhat counter to this, there is useful information in what has succeeded in the past (and continues to succeed). Thing is, I'm not sure how best to utilize that information. In Eastern Indonesia, there are highly successful institutions for managing collective action, such as gotong royong and sasi. Would these work in other contexts? I just don't know. This is one reason I really liked the Governance Archeology project since it offers a tangible way address this question (and many other questions, to boot). In the end, I find myself intoning things like "we can learn from the past and from other people," but struggling to identify exact "lessons" when I try to do so.