How Substack Saved the World

It feels liberating to be part of the solution, part of the future, and part of the winners in our transformative times. [Gilder's Daily Prophecy] November 08, 2022 [WEBSITE]( | [UNSUBSCRIBE]( SCANDAL: Bigger than Watergate? You’re invited to a [CRITICAL election briefing]( that details what could be the biggest presidential scandal since Watergate. Please take a few moments and get caught up. You’ll be very happy you did. [Click here for the election shocker of the decade.]( Keep in mind. You only have a little while to see this. The election is TODAY. So [please click here]( and see while you can. How Substack Saved the World [Jeffery Tucker] JEFFREY TUCKER Dear Reader, I take the following as a given: ideas run the world. Bad ideas threaten and wreck civilization. Good ideas stand in opposition and point to rationality and freedom as core ideals. The essential contest over what kind of lives we want to live comes down to which dominates. For decades now, bad ideas have been ascendant. I did not realize by how much until March 2020 when every principle of law and liberty was ground to dust. But it was even worse: the bad guys were shutting down the opposition. The channels we thought were free became unfree. The companies we had previously loved — I wrote an entire book in tribute to them, chapter by chapter — turned on the public to become platforms for the lockdown forces of government power. They signed up to echo the partisan blather of the CDC and censor contrary voices. Voice to the Voiceless One company stood out from the rest and decided to give voice to the voiceless. It is a private company called Substack. It was started only in 2017 as a publishing platform. It began with only a few employees and now has 215 employees and is advertising for many job openings now in San Francisco, CA. It started with $2 million in funding. It gained a series A and then B. It now has a total funding base of $82.3 million and is looking for more funding rounds. It will surely go public at some point. There’s every indication that it will go to the moon after all the dust settles. The business model sounds a bit like many others. It enabled publishing. Crucially, it allows its users to accept subscriptions which it then mails to users post by post. It permits its authors to make some content free and some paid, and allows them to set the price. In other words, the platform enables authors to achieve pretty much what the New York Times achieves, but without all the third-party plugins and setup required to set up a paid blogging platform. The real business advantage: it refused to censor responsible material. In fact, it made itself a home to those who were being censored by others. Users and authors both began to trust the platform after its owners were hounded by the mainstream press and refused to budge. They would be a platform for free speech, period. [CHART] Could Inflation Hit 20%+ In 2023? [Click here to learn more]( Take a close look at this scary chart pictured here… What you see is the money supply in America… And as you can see, the number of dollars in circulation has exploded in the last few years. In fact, more than 80% of all dollars to ever exist have been printed since just 2020 alone! Which is why some say inflation could soon explode even higher than it is now, to 20% or more. And if you’re at or near retirement age you must take action now to protect yourself… otherwise you risk losing everything. [Simply click here now to see how to survive America’s deadly inflation crisis](. Writers Everywhere In any society-wide crisis, some previously popular and respected voices lose credibility while other new voices emerge on top. The losers, in this case, include the mainstream media, the conventional tech platforms (YouTube, Twitter, Facebook, LinkedIn), leaders in the public intellectual class, and top dogs in science, and public health generally speaking. The vaccine companies will likely be included among the discredited within the year. Who are the winners? New video platforms like Rumble, new intellectuals mostly outside of academia, new media outlets like Newsmax and OAN, plus new publishing platforms like Substack. We used to believe that we lived in a free society with free speech. Then one day it was all gone. Anyone who seriously opposed the prevailing narrative was de-platformed, canceled, body-bagged, and even fired. They were locked out of platforms they had personally built for years. Even accounts with millions of followers were taken away. Was this legal? Sure. The model of social media has been that you provide the content, you give them traffic, you give them data, and you provide the whole reason that anyone even shows up, while they sell your data, advertise on your content, monetize your talent, and give you nothing in return, except fame that they can take away at a moment’s notice. Government gave them all a nudge at the same time and they all complied. The result was to silence all critics of the state. This happened to many friends of mine. They went into a deep depression, even despair. They could not imagine starting over. But what are you going to do? They bucked up and started from scratch on platforms like Rumble and Substack. Their audiences grew and grew. Next thing you know, they had equaled their reach from before and then surpassed it. This is how markets evolve, one user at a time. Get on Board! It was about this time two years ago that many great thinkers and writers realized that they wanted to speak out and needed a platform to do so. Among them were people fired by the New York Times and others who were silenced by their employers. They jumped on these new platforms and started offering extremely high-level content, even high-end and data-driven commentary and analysis. Ironically, the algorithms at Twitter did not always bother to block links to them. The old media inadvertently provided a bridge to the new media. Incredibly, now we have people and accounts and institutions of which we previously knew nothing, rising to the occasion and providing the only real light out of this darkness. They will be rewarded for doing so. Some writers are making far more money than they did in their old jobs, reaching directly to readers who are willing to pay for truth. That is the way it should be. The ideological and institutional disruption of the last 21 months will likely be transformative. Old institutions and once-respected intellectuals are discredited, while new ones are taking their place. Influence, reach, and funding is leaving some and flowing to others. My thought for today is that you should hop over to Substack and sign up for a few subscriptions. I now have 24 subscriptions there, mostly free but some paid. I benefit from them all. I’m finding myself using the old platforms even less. It feels liberating to be part of the solution, part of the future, and part of the winners in our transformative times. Regards, [Jeffrey Tucker] Jeffrey Tucker P.S. Wow… Jim Rickards just dropped what could be the biggest story of the year during his Emergency Election Briefing… This has the potential to be bigger than Watergate… Or any other presidential scandal. I have to say, I’m absolutely stunned. Is President Biden trying to steal away election votes? [Click here to learn more](. If you haven’t seen Jim’s briefing yet, please hurry… Elections are today and there is no time to waste. [Click here to watch Jim’s Emergency Election Briefing now](. This “Metaverse Mistake” Could Cost You A Fortune [Click here to learn more]( Wired Magazine says it’s “arguably as big a shift as the telephone or the internet.” Which is why the biggest companies in the world are jumping in with both feet. Facebook. Apple. Microsoft. But I’m afraid most folks are making one simple mistake. And if you’re not careful, it could stop you from profiting off the biggest opportunity in the last generation. [Click here to learn how to sidestep this critical error (and what to do instead)]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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