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 usefulness Thanks 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.