
The long term (E)
Akimbo: A Podcast from Seth Godin
00:00
The Ponzi Scheme
We're always looking for the short run. We'd rather do something right now and get something back before we even hit return on the keyboard. Number three is that we want excitement. Excitement, safe excitement, turns us on,. gets our attention, gets us to buzz, it creates a ratchet of long-term changes. And the last one is it's easier to not write about the problem than it is to go to court. In 2018, using ICOs, an instrument that almost nobody understands that's vaguely related to Bitcoin, two entrepreneurs in quotes absconded with $650 million.
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