Sunday, June 4, 2023

Biological evolution should inform how humans design markets By Cointelegraph


Biological evolution should inform how humans design markets

If the global COVID-19 pandemic has taught humanity anything, it has hammered home the lesson that the human being is as dependent on its fellows as the honeybee or ant. Scientists, academics, pharmaceutical executives, philanthropists and government agencies have worked together to roll out a vaccine program that is breaking all records for speed and efficiency. All these roles were necessary to the effort — none could have succeeded in the absence of the other.

This is a clear illustration of what, to me, is the main advantage of human society: The division of labor that makes the human race greater than the sum of its parts. There are a host of more prosaic examples. As I write this, I am using software that I did not create on a computer I could never manufacture, and all of that is powered by electricity I neither discovered nor generated.

Ali Raheman began his entrepreneurship journey young, filing his first patent for non-holographic virtual teleportation at just 17 and founded his first venture before 20. He leaped into crypto in 2014 and, seeing blockchain’s potential to change society’s very fabric, went on to create a string of decentralized solutions. He is the founder of Autonio, which was born from Ali’s drive to build a prosperous community around algorithmic trading for all.