A Primer on Idea Markets with Mike Elias

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’s media- Why it’s “impossible to kill an idea with force”- 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 “outrageous and true”- Why William James said that we should measure ideas primarily by their usefulnessThanks for listening — 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.