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A first encounter is a pleasant surprise; a second reunion speaks of tacit understanding. From the first meeting to a lasting partnership, from running in to perfect harmony. Stay tuned on June 18th, #2026AdventuresonDragonBoatFestival#
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Historians noted, the Druidess was nothing like Roman or Greek women, she was learned in the philosophy of nature and morality. Tacitus mentions female Druids in Wales called Banduri and in Ireland called Banfilid. art: 'Autumn Spirit' by Romany Soup
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For enthusiasts, the newsy headlines about the World Cup are not the real story. The tournament is only superficially a pageant for the powerful; underneath it is a tacit conspiracy against them
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I treat my codex threads like a baker treats sourdough starter. I have a month-old thread that’s been forked dozens of times and helped ship dozens of PRs. It’s absorbed weeks of product intent and tacit context I’ve dumped out of my head. Codex is so good at compaction that I’ve stopped trying to curate the context Just feed the starter
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“For the ultras in San Siro’s Curva Sud, there is only one capitano and it is not Gianni Rivera, nor is it Paolo Maldini. It’s Franco Baresi. “Baresi went through everything with Milan in ways the aforementioned greats did not. “The club remain indistinguishable from the Maldini dynasty, with Cesare and Paolo lifting the European Cup and, more recently, Daniel making his Serie A debut in red and black. “But Milan and Baresi were family in more ways than one. By the time he moved to Milanello, Franco and his siblings were orphans. The club took him in and allowed the shy, taciturn boy to develop into one of Italian football’s most celebrated leaders.” Franco Baresi, the legendary former AC Milan defender and Italy international, has passed away at the age of 66. @JamesHorncastle wrote about Baresi for The Soccer 100, The Athletic’s definitive book on the 100 greatest players of all time. 🔗
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The next ByteDance is a permissionless market Media didn't just change. Its objective function did. Distribution shifted from editorial curation to engagement maximization, and the two optimize for completely different things. More than half of Americans now get news from social platforms, and the feeds ranking that news are tuned to predict what holds attention, not what is true. LLMs make this worse: they personalize at near-zero marginal cost, so the diversity of inputs any one person sees collapses toward whatever their prior already rewards. The echo chamber isn't a failure. It's the equilibrium of any system that maximizes attention. Markets are the exception, because a price is the one signal in media that costs something to produce. A market weights each opinion by conviction, and punishes error in real time. That discipline is what turns dispersed, private, tacit knowledge into public. In a media of infinite mirrors, the market is the only output that has skin in the game. But demand for that signal is thin and lumpy. Activity follows a power law: a handful of elections and headline events absorb almost all volume, while the long tail of markets sits at near-zero open interest. Two distinct failures produce this. On the demand side, the right markets never reach the right users. Distribution can't match a question to the person who actually holds an edge on it. On the supply side, even when a market exists, no market maker can afford to price it. ByteDance didn't win on better content; it won by solving the matching problem for long-tail supply. An events market feed needs the same machinery. The asset being matched is different, but the economics are identical: a vast long tail of supply that is worthless until it finds its precise audience. The supply-side failure, though, is structural. The Conditional Token Framework is clean and composable, but it pushes price discovery onto external market makers and loss-bearing LPs. Unlike perps or spot tokens, where every participant shares one deep order book and liquidity nets across the whole venue, each prediction market is a bespoke, non-fungible risk that has to be subsidized on its own. So the marginal cost of opening a market doesn't fall as the platform grows; it stays roughly constant and high. That is the inverse of software economics, and it's the real reason liquidity bootstrapping never gets cheaper no matter how many markets launch. The long tail gets excluded precisely where its information value per dollar is highest. The future of media doesn't devolve into a glorified sportsbook for lack of interest; the cost structure selects for the sportsbook. Breaking that requires a core mechanism whose engagement is invariant to notional size, where a $100 market feels as alive as a $100 million one. Without innovation at the protocol layer, every new market pays the same toll. That's the problem we're solving at 42. We're building an events market protocol that's permissionless for all creators. Pairing a suite of liquidity-agnostic mechanisms with precise distribution so that consensus can form on any topic. Long-tail topics aren't niche. They're where most tacit, local knowledge lives, and they're where prediction markets have always been theoretically strongest and practically absent. Come build the next generation of media with us. Break free from the world of infinite mirrors.
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