1/ https://t.co/Qy5gFwyVDu September Results

💵 MRR: $402
📈 Subscribers: 90 (440 more to sufficiency)
👀 Trial Conversion: 64%
✍️ Blurts Written: 229

#openstartup

2/ I left my job in the early part of last month. 🤯

Spent time developing strategy for Blurt—turning it from a side-project into a business. Now have KPI to optimize and updated Blurt's mission on https://t.co/hXzOFW9JiQ.

(Thanks for guidance @stevesi.) https://t.co/k2RwaxPCyS
3/ Growth has slowed since the PH launch. Going to work on the marketing engine.

I intend to launch Blurt "Writer Stories" later this month interviewing authors, bloggers, journalists and share their writing process and tips.

Let me know if there's anyone I should interview!
4/ I smashed three books recommended to me.

⭐️⭐️⭐️⭐️⭐️ The Personal MBA by @joshkaufman: https://t.co/KeTlfOh7od
⭐️⭐️⭐️⭐️⭐️ The E-Myth Revisited @MichaelEGerber: https://t.co/eZ7eTKDOok
⭐️⭐️⭐️⭐️⭐️ War of Art by @SPressfield (Amazing! 👌 #FuckResistance): https://t.co/o6UYmzXmZt
5/ Thanks to @thepatwalls movement, I've been experimenting with live streaming. Holds me accountable. Instant feedback. Meet great people!

(🚢 Thanks @arminulrich for @shipstreams!)

Sat @ 9 AM PST—@jakeacasey and I will be streaming.

Come ship with us!
https://t.co/iqgUdfkLpB

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.