Complex systems, cybernetics and autopoiesis (oh my!)

The study of complex systems has emerged (if you’ll excuse the pun) as one of the most revolutionary shifts in economics, biology and many other fields in the past 30 years. In fact, it’s inseparable from the computing revolution itself. Whether you know it as “systems theory,” complexity, (neo)cybernetics or even swarm intelligence, it’s almost certain that you have come across ideas from this exciting new approach to science and society.

Perhaps the best known complexity concept, in the entrepreneurial world at least, is the “network effect,” described in a seminal paper by W. Brian Arthur almost three decades ago…

What’s holding cryptocurrency prices back might be the exchange signup process

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If you’re an experienced cryptocurrency investor, it can be hard to empathize with new players. Basics like managing wallets and even setting up exchange accounts and bank funding are easy to take for granted.

But the truth is that the hellish user experience that is getting onboard even one of the major US Bitcoin exchanges like Coinbase, Gemini or Kraken is probably the biggest thing keeping the price of the currency in check.

The gap between demand and fulfillment

The chart below shows how Coinbase has added 2.7 million…

Francis Jervis

Anthropology of startups, venture capital & cryptoeconomics - PhD @NYU. Maker of @Augrented

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