Mike | Abundance 🌟
@abundance
The Wealth of Networks — building a 21st century economy (job automation → mass prosperity). Join the revolution: abundance.id
Pinned
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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How "the internet rewards people saying things" was the one thing that Farcaster could have fundamentally transformed
It was (still is) Farcaster's unfair advantage over all closed social networks
Perhaps the inertial forces of modeling "what works" are too strong? I still believe this protocol can transform social
operating a social network is a strange job because the feedback loop is also the product
you ship something, people react, and then the reaction becomes part of what you have to work through
some of it is useful. some of it is funny. some of it is people saying things because the internet rewards people saying thing
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Scam Alert update:
There are phishing accounts pretending to be "web3 podcasters" out there, contacting people over email to "go on the podcast" (aka download malware) - be careful out there
BlockLayer Podcast
@BlockLayerPod
2mo
“Parallel execution isn’t a nice-to-have — it’s what makes on-chain apps usable for normal people.”
@sachishiokava is joined by @jayendra_jog, Founder of @SeiNetwork, to break down which Ethereum-native apps stand to benefit most from a parallelized stack — and why higher https://t.co/HSHh1PA0KU
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SCAM ALERT:
Still investigating if this is an actual scam or just really scammy behavior, so at the moment cautioning everyone to NEVER DOWNLOAD any "app" you're not familiar with, no matter how time-pressed the situation may seem or how "socially proof" the people pushing you do download it appear
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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...
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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
4mo
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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