Today I take a close look at the video recently released by Crypto Investor entitled Why Polymath is a Complete Joke BUT a good buy. Firstly thanks to Crypto Investor for taking the time to look into Polymath, since its something I’m invested in its very much appreciated to hear a range of opinions. I wanted to take his criticism very seriously and look at each point closely. I did find some of his points to be very well made but others I disagreed with. In this video I go though most of the points he made and give my opinion on them. Here’s the link to the Reddit post I mention in the video: https://www.reddit.com/r/PolymathNetwork/comments/7yotzh/for_anyone_concerned_with_the_90_of_tokens_being/ A link to Crytpo Investors video: https://www.youtube.com/watch?v=_AV2FSlAcjw Please add to this conversation in the comments I’d love to know what you think!

This was originally a talk at the Rand Corporation, as written up for publication. (The original recording of the talk probably exists somewhere.) I preached a coming era of interactive screen graphics-- "prestidigitative publishing"-- in some way predicting the Web, but also advocating radical educational freedoms that have not happened and won't. This is being read from an anthology of my early papers, downloadable at hyperland.com/SelectedPapers.pdf "Computopia and Cybercrud" starts on p.64 of that PDF. Unfortunately two pages are missing from the scan of that PDF, but the article is too long already.

Hypothesis: Our goals are to reproduce, procure food, secure shelter, and grow as a species. For that, we scale and overcome barriers through: - Platform building - Trust minimization - Division of labour - Reduction of transaction costs - The price system - Commerce By Donald McIntyre, founder of Etherplan https://etherplan.com Credits and Suggested Reading: - The idea of human scaling is an extension of the concept of social scalability by Nick Szabo (2017): http://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html - The idea of trust minimization is an extension of "Trusted Third Parties are Security Holes" by Nick Szabo (2001): http://nakamotoinstitute.org/trusted-third-parties/ - The idea that social organizations, cities, corporations and organisms scale is from "The surprising math of cities and corporations" by Geoffrey West: https://www.ted.com/talks/geoffrey_west_the_surprising_math_of_cities_and_corporations - The concept of division of labour: https://en.wikipedia.org/wiki/Division_of_labour - The concept of transaction costs: https://en.wikipedia.org/wiki/Transaction_cost - Relationship between the price system and local knowledge by Friedrich A. Hayek: http://www.econlib.org/library/Essays/hykKnw1.html - Artifacts of wealth as archaic forms of money by Nick Szabo: http://unenumerated.blogspot.com/2016/07/artifacts-of-wealth-patterns-in_15.html - Shelling Out: The Origins of Money by Nick Szabo: http://nakamotoinstitute.org/shelling-out/