Mike | Abundance 🌟
@abundance
The Wealth of Networks — building a 21st century economy (job automation → mass prosperity). Join the revolution: abundance.id
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Happy 2026 everyone!
This year I invite you to join me on an adventure — an adventure to create a better economic reality
You don’t need to pack anything, so don’t get too giddy, but I do promise the trip will be worthwhile.
This adventure is both an escape and a destination.
We are escaping an economic reality that...
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If I ever gave the impression that I think the Network Economies model is perfect, that was not the intent
I do believe though that this model has both the best explanatory power for the multiple crises we're facing (crisis of trust, automation & joblessness, AI misalignment, corporate race to the bottom, wealth conce...
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Almost 20 years ago I came to the conclusion that sooner or later automation is going to completely wreck our economy. (That was before AI was even a thing.)
Since I was in college at the time, that made me wonder — what’s the point of making a lot of money if, in 30–40 years, money itself might lose value once the ec...
if you're a creator and wondering what's a good price to charge clients, check out the Creator Pricing Calculator that @stellaachenbach built. pretty powerful tool! 💪
The new year is starting steeply for creators.
AI is everywhere, vibe‑coding is normalized, and it feels both exciting and a bit bleak at the same time.
In 2025, one question kept coming up in conversations with fellow creators: “How do I price my services?”
Over the holidays I put together a 2026 starter guide and
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This may be the most important article I wrote in the past year: open.substack.com/pub/abundanc...
what do you guys think?
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Neynar is acquiring Farcaster.
Over the next few weeks, we’ll transfer ownership of the protocol contracts and code repositories, the Farcaster app, and Clanker to Neynar. They will run and maintain everything going forward.
Some members of the Merkle team, Varun, and I will step back from day-to-day work on Farcaste
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Natanzon's Law:
Prediction market accuracy is negatively correlated with the magnitude of real-world financial incentives tied to the event's outcome.
Suppose you have insider info on event X happening. And suppose event X can help you make $100M (from price movement in stocks)
What incentive do you have to signal to the market that event X will happen ahead of time, when you can make more money from people thinking otherwise?
not only will you not send a "truth si
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Suppose you have insider info on event X happening. And suppose event X can help you make $100M (from price movement in stocks)
What incentive do you have to signal to the market that event X will happen ahead of time, when you can make more money from people thinking otherwise?
not only will you not send a "truth si...
Lirratø
@itslirrato
1mo
Coinbase CEO confirmed: insider trading is 100% necessary for prediction markets
Brian Armstrong: "If you want truth about the world, insiders are the only path"
Here's the truth we must accept:
- Stock markets: insider kills "fair play"
- Prediction markets: insider creates https://t.co/2CK5TzZolt
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No. It is rising because the system is broken. People feel it.
And until more of us come on board to offer real solutions to make the system work for people, that void will be filled by bad "solutions" that work for nobody
Shaun Maguire
@shaunmmaguire
1mo
Communism is rising, why?
1) we over-regulated (housing)
2) we printed too much money after Covid (inflation)
3) we wasted ~$1T/yr in fraud (deficit)
4) we let our schools become indoctrination camps
The solution to failed leftist policies is not even more radical leftism
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Bernie is proposing an idea that Bill Gates had too: let's tax robots!
Unfortunately it's not a long-term solution
What happens when the robots produce everything offshore?
More importantly, the more corporations rely on robots, the more profitable they become, and w that comes concentration of wealth and power
Un...
Bernie Sanders
@BernieSanders
1mo
Why would corporations like Amazon replace workers with robots? Pretty simple.
Robots don’t need a wage, health care, time off, sick leave, Social Security, Medicare or unemployment benefits.
Maybe it’s time to tax robots & use the revenue generated to help working families.
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There is no exchange value in the market for creating abundant things ("art"). Only for creating scarce, or artificially scarce, things.
Renaming scarce things as abundant doesn't solve this problem, so you still need to choose between creating actually abundant things or rent
A better alternative is to build an econ...
Anders K.
@Falliblemusings
2mo
You don’t need to choose. You can take the path of Einstein, who used a 'tedious' job to fund the stability his genius required. Or you can follow the martyrs, Van Gogh, Dostoevsky, and Diogenes, and accept the price of not paying your rent.
Or, you can respect and recognize the
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