Brilliant piece on the bilateral agreement infrastructure problem. The 17x value differential betwen declared vs observed intent makes so much sense when I think about my own behavior online, I actively avoid digital trails for sensitive purchases precisely because of the surviellance, which creates those cold markets you mentioned. The feudal capital comparison is spot-on too, we really are just watching property rights get sorted in real-time for behavioral data, same pattern just on fast-forward.
Brilliant piece on the bilateral agreement infrastructure problem. The 17x value differential betwen declared vs observed intent makes so much sense when I think about my own behavior online, I actively avoid digital trails for sensitive purchases precisely because of the surviellance, which creates those cold markets you mentioned. The feudal capital comparison is spot-on too, we really are just watching property rights get sorted in real-time for behavioral data, same pattern just on fast-forward.
Agreed!
You've seen and experienced the same problem, now we have named it.
another step on the path toward taking back the 7th capital.