The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 4 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
John Collison: Underestimating internet market size is a primary founder mistake
“I think the lesson we have all learned from the internet is one of the big mistakes you can make is underestimating how large a market is going to be.”
John Collison: No established playbook exists for API-oriented businesses
“As far as we see it, there is not a playbook for building an API-oriented service, and so a lot of that is still emerging.”
Collison: Global payments are fragmenting around regional apps like Alipay
“As more people come online in more countries, as you know, things are heterogenizing where, you know, now you have a Chinese market available to you, but everyone's on WeChat Pay and Alipay rather than credit cards.”
Collison: Measurable metrics create perverse organizational incentives
“Any time that you have, you know, one effect, like a, you know, a positive effect that can be measured and a negative effect that can't be measured, you're going to see all these perverse organizational incentives because people track to the metric that can be…”