Given the recent data breach and Coinbase’s user agreement that aims to force customers into arbitration rather than individual or class action lawsuits, it’s interesting to read the outcome of a recent arbitration case against Coinbase.
Puja Ohlhaver
@pujaohlhaver.bsky.social
Law, economics, computation www.pujaohlhaver.com
Shame. $Trump is both a violation of the emoluments clause and an open auction for regulatory capture. www.nytimes.com/2025/05/22/u...
Hundreds Join Trump at ‘Exclusive’ Dinner, With Dreams of Crypto Fortunes in Mind
nytimes.com
We are grappling with many tensions today: money/voting, public/private, democratic/corporate, voice/exit. Here’s my draft to reconcile them. 🚀 Community Currencies: The Price of Attention & Cost of Influence or 💡 The Price of Entry & Cost of Exit papers.ssrn.com/sol3/papers....
Community Currencies: The Price Of Attention And Cost Of Influence In A Networked Age -or-The Price Of Entry And Cost Of Exit In A Networked Age
Human attention is our scarcest resource. What we pay attention to determines the information we process, and the influence we exert over outcomes. Together, at
papers.ssrn.com
Since AI x crypto agents seem poised to take over the world, I’m throwing this *draft* into the wild for public comment, critique, and ridicule: 🚀 Community Currencies: The Price of Attention & Cost of Influence ---or--- 💡 The Price of Entry & Cost of Exit papers.ssrn.com/sol3/papers....
Community Currencies: The Price Of Attention And Cost Of Influence In A Networked Age -or-The Price Of Entry And Cost Of Exit In A Networked Age
Human attention is our scarcest resource. What we pay attention to determines the information we process, and the influence we exert over outcomes. Together, at
papers.ssrn.com
The plural/quadratic research agenda (of which I'm familiar through collaboration with @pujaohlhaver.bsky.social) has some resonance with this challenge imho: youtu.be/guLDNMAOn24
How to fund Breakthrough Innovations in Science
YouTube video by Molecule
youtu.be
Most people still don’t understand that decentralization is a political innovation. It requires acknowledging the people that stand between the 0s and 1s.
Had a big eureka moment today—-the kind where the universe seems to fall elegantly into place and mysteries are no longer mysterious, but ordered complexity. Then I realized I had the same eureka a year ago and just entirely forgot about it. Not sure how I should feel about it.
Adverse selection is centralizing. Most people don’t get that.
1. I saw a lot of people on Bluesky yesterday poking fun at Lindsay Graham saying that the U.S. would use financial sanctions to "crush" the economies of allies who tried to help the ICC. Graham is characteristically grotesque in his language, but I'm not laughing myself.
Graham: So to any ally, Canada, Britain, Germany, France, if you try to help the ICC, we're going to sanction you.
Son just asked me if anything is faster than the speed of light? Snap response: love.
Hate externalizes high entropy, releasing unprocessed chaos into the world. Love absorbs entropy, integrating chaos into coherence. That's why the greatest stories are always about love.
I had to interview a crying mom talking about her dead son for this story, so it would be nice if it got read reason.com/2024/11/19/t...
Latest: The Bureau of Prisons is supposed to promptly notify families when their loved ones die behind bars or are seriously ill, but numerous families, lawyers, and advocacy groups I talked to say BOP officials fail this basic human duty reason.com/2024/11/19/t...
How do you negotiate with someone who feels that any compromise with you risks infinity?
This is maybe my favorite passage in the book.
Have started Farrell and Newman’s Underground Empire finally
How can social media generate more common knowledge? Check out my blogpost (written in the context of X but applicable to Bluesky!) "Common Knowledge Machines: From Community Notes to Community Posts"
Common Knowledge Machines
From Community Notes to Community Posts
pujaohlhaver.substack.com
Why the late James Scott's work helps explain Silicon Valley www.programmablemutter.com/p/high-moder...
High Modernism made our world
On James Scott and technology
programmablemutter.com