A Primer on Idea Markets with Mike Elias

Published: July 14, 2019, noon

b'Mike Elias (@harmonylion1), crypto consultant, joins Erik on this episode to talk about idea markets.

They discuss:

- How he came up with the idea

- Examples of how this could be implemented in the real world

- The problems with the incentives of the world\\u2019s media

- Why it\\u2019s \\u201cimpossible to kill an idea with force\\u201d

- How an idea market is like a mix of the Nasdaq and Reddit

- Why, as a society, we want to search for the ideas that are both \\u201coutrageous and true\\u201d

- Why William James said that we should measure ideas primarily by their usefulness

Thanks for listening \\u2014 if you like what you hear, please review us on your favorite podcast platform.

Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.

Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.'