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152 - Why Can't We Have Nice Things | Liv Boeree
Bankless
Is There a Moloch Trap?
I think the fall of civilization, you could say, often, it's due to some sort of corruption in the underlying system and that in itself is a Moloch trap. But we also think like we're calling this thing a coordination failure as well. I want to go back to kind of the stadium example where the people in the first row stand up and then everyone else has to stand up after that. This is a coordination problem, but you could imagine if there was somebody on some kind of Megatron loudspeaker saying, Hey, everyone on the count of three, let's all sit down. Right? We have one person who has the stadium mic and has the ability to project this
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