We think this is happening again.
garryelevator.com/post/histo…
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 retweeted
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!
At DevConnect Buenos Aires, the details of EIL @ethinteroplayer - Ethereum Interoperability Layer were unveiled.
We’ve been deep-diving interop protocols for months and our initial assessment of EIL contracts (deployed on testnets already) is following 🧵👇
If this was 2014, every hedge fund’s annual letter would have two paragraphs on Curt Cignetti and “winning at every level”.
refuses to elaborate further
This team talks control theory and reg compliance. This team also talks memes. Watch this team @aplus 👀
This quoted post is unavailable.
An annual letter on governance and blockchain in the age of tariffs and market volatility might seem like rearranging deck chairs on the Titanic, but collective governance and cooperative economics have long been a response to instability.
LINK TO LETTER BELOW.
Through collective management + ownership, blockchains restructure supply chains, remove rents, lower coordination costs, and allow wholesale savings to flow to consumers. In a time of rising prices, is collective governance is working for blockchains?
ONE MORE TO SEE LETTER
Our letter looks at governance complexity at @helium, and the implications its success or failure will have on their mission to use blockchain and cooperative economics to lower the cost of connectivity.
garryelevator.com/post/2024-…
Just getting started talking Small Businesses + DAOs. Come find us in the Community Hub at the Spork Castle. @joshuaztan is talking about A Bank for DAOs, and @shanvasion will be hosting conversation on niche data collectives and more! Luma link below.
If you're trying to build a DAO and VC doesn't seem like the right fit and grants alone can't get you going, come join us. If you're wondering how DAOs can help small communities (and vice versa), come join us. If you're trying to get started in this space, come join us.
Are you a small business owner or DAO in Web3, or thinking of starting one? Join us at the ETH Denver main venue for a chill, intimate discussion on the future of small business. Thursday afternoon, Feb 27. RSVP: lu.ma/emqd3fbm
@blockchainjames @jpatrickgarry @dOrg_tech @RaidGuild @RefractionDAO @Zuzalu_city #ETHDenver
Today we should remember the remarkable physical and intellectual courage of Jimmy Carter. At the age of 64, he stood in front of Panamanian officials as they announced fraudulent election results and yelled "are you honest men, or are you thieves?" In 1974...
...as governor of Georgia, he gave a speech to the Georgia Bar association, at once excoriating and self-aware, bringing a message of justice to a place that only he could.
youtube.com/watch?v=wrJ1Fs1E…
Garry Elevator first closed on capital last April. One year later, we've grown through experience. The 2023 annual letter explores our kind of science fiction + our kind of bets, the importance of agency, and the maturity of crypto use cases. Read it here: garryelevator.com/post/2023-…
“I don't think anyone can grow unless they're loved exactly as they are now, appreciated for what they are rather than what they will be.” - Fred Rogers
The most important thing I’ve read about parenting in a long time.
From @oliverburkeman
Students think if they become an investor, their style will result from the returns available as opposed to the behaviors demanded. Places think similarly.
@dustintmix and I wrote about better tactics for finding a strategy that fits people and markets.
garryelevator.com/post/findi…

























