Crypto makes new value coordination mechanisms possible. But instead of being creative with new tech, we’ve fallen into using the same old coordination mechanisms with crypto tacked on as an extra feature.The way that humans have coordinated value to get things done for thousands of years boils down to a few tried-and-true steps:A group of people decides that there is something they want to do. They all agree to contribute funds toward that thing.Funds are pooled, and a smaller group of peopl...

Crypto makes new value coordination mechanisms possible. But instead of being creative with new tech, we’ve fallen into using the same old coordination mechanisms with crypto tacked on as an extra feature.The way that humans have coordinated value to get things done for thousands of years boils down to a few tried-and-true steps:A group of people decides that there is something they want to do. They all agree to contribute funds toward that thing.Funds are pooled, and a smaller group of peopl...