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Through all of human history from its earliest beginnings until now, there have been only three basic stages of economic life: (1) hunting-and-gathering societies; (2) agricultural societies; and (3) industrial societies. Now, looming over
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“Gold itself is an asset for the holder and a liability for nobody else; it represents the accumulated energy that was used to extract it from the earth and refine it into usable form, for which it has many applications. In that type of gold-backed system, everything is ultimately underpinned by an unencumbered asset, whereas in the current system, everything is ultimately underpinned by government bonds, which are themselves liabilities.”
― Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better
― Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better
“This may be surprising if you regularly use Chrome on your iPhone or iPad. However, these are really just the “iOS system version of [Apple’s Safari] WebKit wrapped around Google’s own browser UI,” according to the Apple expert John Gruber, and the iOS Chrome app [cannot] “use the Chrome rendering or JavaScript engines.” What we think of as Chrome on iOS is simply a variant of Apple’s own Safari browser, but one that logs into Google’s account system.§10”
― The Metaverse: And How It Will Revolutionize Everything
― The Metaverse: And How It Will Revolutionize Everything
“Nearly 90% of currency exchange volume in the world involves the dollar, nearly 60% of international currency reserves are dollar-denominated, and nearly 50% of global trade invoicing and cross-border loans are denominated in dollars.205”
― Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better
― Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better
“Every time you make a choice, you are turning the central part of you, the part that chooses, into something a little different from what it was before. —C. S. Lewis”
― Influence: The Psychology of Persuasion
― Influence: The Psychology of Persuasion
“In time, it will become clear that many of the leaders in the Metaverse weren’t even mentioned in this book—perhaps because they were too small to be of note, or unknown to its author. Some hadn’t even been created let alone thought up. An entire generation of Roblox-natives is only now on the cusp on adulthood, and it’s likely they, not Silicon Valley, will create the first great game that has thousands (or tens of thousands) of concurrent users, or blockchain-based IVWP. Whether motivated by Web3 principles, emboldened by the trillion-dollar opportunity the Metaverse provides, or simply unable to sell to GAFAM due to regulatory scrutiny, these founders will ultimately displace at least one member of the GAFAM five.”
― The Metaverse: And How It Will Revolutionize Everything
― The Metaverse: And How It Will Revolutionize Everything
Sundar’s 2025 Year in Books
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