John Garry

Asking questions. Trying to be useful.

[John Garry @jpatrickgarry]

@mhdempsey @coreymjames

[John Garry @jpatrickgarry]

@pythianism @vishal_better @Leah_tinman where's the capital for this coming from? Or is Better putting up its own risk capital?

[John Garry @jpatrickgarry]

@jacob__titus Yes.

[John Garry @jpatrickgarry]

We think this is happening again.

https://t.co/MVBeOPzwMB

[MoundLore @MoundLore]

In much of the Midwest, the grain elevator functioned as a coordinating system, not a landmark.

Its operation set daily labor cycles. When the leg started, hauling began. When the pit backed up, everything downstream slowed. Truck lines, rail access, meal breaks, school pickups, even store hours adjusted to whether grain was moving or sitting.

Rail timing was not abstract. Elevators were built where sidings allowed loading, and trains responded to volume. Active elevators meant trains slowed, stopped, or waited. Once throughput dropped, rail behavior changed permanently. That shift alone altered how towns related to the outside world.

The elevator also operated as a financial intermediary. Grain wasn’t always sold immediately. It was stored, advanced against, or held until prices improved. Credit decisions were made locally, based on harvest history, land knowledge, and reputation. This created a feedback loop between agriculture, cash flow, and daily stability.

Weather knowledge concentrated there. Moisture levels, spoilage risk, and bin temperature were tracked continuously. People understood coming storms, heat waves, and storage failures through physical indicators, not forecasts. The elevator acted as an early-warning system tied directly to survival.

When an elevator closed, the impact was not just job loss. The town lost synchronization. Labor became asynchronous. Rail service decoupled. Businesses shifted from predictable hours to defensive ones. Time stopped being shared.

Most of these structures still stand because they were built to last. Their persistence isn’t symbolic. It’s infrastructural. They mark where coordination once existed and where it was removed.

The grain elevator mattered because it aligned people, capital, transport, and time into one system.
When it disappeared, those systems didn’t vanish. They fractured.

[John Garry @jpatrickgarry]

@melodyskim Have you looked at @wabi?

[John Garry @jpatrickgarry]

@jaesmail The structure of the modern, mainstream internet has killed agency in a lot of people our age. Going to take a lot of imagination to recover.

[John Garry @jpatrickgarry]

@orrdavid Kochland is an exceptional business history. Manages to respect and critique KI at the same time.

[John Garry @jpatrickgarry]

Yeah, I totally agree. I think of DeFi as “kinder” than TradFi, even though you can get rekt. At least you know the rules and can fit them to your life rather than hoping the rules don’t change and having to restructure your life around them anyways. Ditto with most of the institutions you listed. Current iterations are getting more feudal, brittle, anti-agency by the day.

[John Garry @jpatrickgarry]

@jaesmail Conceptually or in their current iterations? (Deposit-holding institutions vs. JPM for example)

[John Garry @jpatrickgarry]

@WillManidis Leaks everywhere.

[John Garry @jpatrickgarry]

@cberno @TheStalwart @Havelock_AI Good luck.

[John Garry @jpatrickgarry]

Rhymes with ETH as ultrasound money.

[Kyla Scanlon @kylascan]

To the point about emerging markets here, Blackrock had an interesting note where they pointed out that EMs are now perhaps more fiscally disciplined than developed markets

[John Garry @jpatrickgarry]

@johnpalmer Don’t know if this is serious, but if so can I join?

[John Garry @jpatrickgarry]

@WillManidis Have been reading Persig’s Lila, this story feels like the embodiment of dynamic versus static quality

[John Garry @jpatrickgarry]

@honam Ed Thorpe redux.

[sudo rm -rf --no-preserve-root / @pcaversaccio]

I support EIL. At its core, EIL is fundamentally _Cypherpunk_ because it restores user sovereignty at the interoperability layer. Users sign once & transact directly from their own wallets, _never_ delegate execution, custody, or intent to any intermediaries. It rejects _trusted_ relayers (guys, we need to cut out the centralised deps bloat that keeps getting reintroduced as "infra" every time UX is used as an excuse), opaque solvers & surveillance-heavy infra because trustlessness fucking matters. The execution is local, verifiable & enforced by Ethereum itself. EIL embodies the Cypherpunk ethos: minimise trust, maximise autonomy, and build infra that cannot be captured or censored. Make Ethereum Cypherpunk again!

[John Garry @jpatrickgarry]

The graphic designers will go to war over this hierarchy.

[philip lewis @Phil_Lewis_]

I’m currently outside of the Kennedy Center: