Bankless

The Next Phase of Humanity with Metadreamer | Layer Zero

6 snips
Mar 29, 2022
MetaDreamer, founder of Metafactory, explores the transformative potential of cryptocurrency in reshaping society. He discusses the importance of collaboration in the Ethereum community, emphasizing shared values and the impact of technology on culture. Delving into self-repaying loans and innovative DeFi mechanisms, he envisions a post-scarcity society focused on community needs. The conversation also touches on digital identity, advocating for a balance between growth and decline, and promoting an abundance mentality to foster sustainable advancement in the crypto space.
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INSIGHT

Value vs. Money

  • Money is a tool to convert between different forms of value, but it has become the primary metric for societal success.
  • True value encompasses much more than just money; money acts as a bottleneck when it becomes the sole focus.
INSIGHT

Rethinking Value

  • A real mentality shift is needed, where value creation is directly linked to financial reward.
  • Shifting from optimizing for money to optimizing for value itself can lead to a more equitable society.
INSIGHT

Attestations & Irrigation

  • Attestations, like tweets or DAO payments, can be quantified and verified on-chain, creating a real-time map of value.
  • This "irrigation system" directs resources based on collective attestations, optimizing value distribution.
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