RE: Conversations With Blurt Investor @wil.metcalfe

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Conversations With Blurt Investor @wil.metcalfe

in blurt •  2 years ago 

What your referring to is the attitude where Financial Capital trumps Social Capital as someone's value set. Commodification of Social Capital or Financial Capital at the expense of Social Capital is always a slippery slope. Similar minded people gather in places that have values out of alignment with what's actually important. This is what I call the "Smash and Grab Mentality" and it repeatedly destroys projects... especially social ones. It also undermines trust... and causes plenty of infighting. (Those are the byproducts and signs that the order of things is disjointed within the community. Maybe not all... but definitely some!) And, by the way, these are the draw downs you just can't market and sell to anyone.

We have all seen this... But there is a way around it. I believe that solution is about laying a cultural foundation where Social Capital comes before Financial Capital. (Not to say that value doesn't flow... because it does... so long as people are treating people right on the blockchain!)

Thanks for the comment Mag! I really appreciate that you (and everyone else!) took the time to discuss this. Just thinking about it is going to move us all forward. I'm confident of that! 🙌

@wil.metcalfe
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