Uploaded December 2025 | Updated September 2026, 1 week ago
In this episode of Tacit, we follow Fingal Ferguson, a fifth-generation farmer and master knifemaker in West Cork, Ireland. Fingal divides his time between the farm and the forge, where he handcrafts knives prized by chefs around the world. His work reflects a form of expertise that cannot be fully written down or automated. You can study metallurgy or knife design on paper, but knowing when steel is ready to move or how a blade should feel in the hand comes only through years of practice and close attention to materials.
Fingal’s craft is an example of tacit knowledge: expertise that develops through repetition and proximity to other makers. In an era of AI-generated output, his knives show what machines still struggle to replicate: judgment shaped by experience, care, and embodied understanding. Tacit is a series about that kind of mastery, and why it matters.
Learn more about Tacit, a mini-documentary series from Stripe Press about mastery and the value of craft: https://stripe.press/tacit
In this episode of Tacit, we follow Fingal Ferguson, a fifth-generation farmer and master knifemaker in West Cork, Ireland. Fingal divides his time between the farm and the forge, where he handcrafts knives prized by chefs around the world. His work reflects a form of expertise that cannot be fully written down or automated. You can study metallurgy or knife design on paper, but knowing when steel is ready to move or how a blade should feel in the hand comes only through years of practice and close attention to materials.
Fingal’s craft is an example of tacit knowledge: expertise that develops through repetition and proximity to other makers. In an era of AI-generated output, his knives show what machines still struggle to replicate: judgment shaped by experience, care, and embodied understanding. Tacit is a series about that kind of mastery, and why it matters.
Learn more about Tacit, a mini-documentary series from Stripe Press about mastery and the value of craft: https://stripe.press/tacit
![Tobi Lütke is still captivated by internet commerce, 20 years later
Shopify founder and CEO Tobi Lütke joins John Collison to discuss the philosophies driving one of the internet’s most foundational companies. Tobi shares his perspective on why companies are a form of technology, how internal tools and opinionated software shape an organizations culture and accelerate its evolution, and why the best gift is finding a beautiful, unsolvable problem.
Show notes:
• [Buy] Momax: 140W Universal Travel Adapter | https://www.amazon.com/MOMAX-Universal-Technology-Worldwide-Charging-Black/dp/B0CRYPKR4H?th=1
• [Read] Benjamin Bloom: The 2 Sigma Problem | https://web.mit.edu/5.95/www/readings/bloom-two-sigma.pdf
• [Buy] Ikigai: vitamin cases | https://ikigaicases.com/
• [Read] Kevin Kelly: 1,000 True Fans | https://kk.org/thetechnium/1000-true-fans/
• [Read] Erich Gamma: Design Patterns | https://www.amazon.co.uk/Design-patterns-elements-reusable-object-oriented/dp/0201633612
• [Read] Charles Calomiris: Fragile by Design | https://www.amazon.co.uk/Fragile-Design-Political-Princeton-Economic/dp/0691155240
• [Listen] Business Breakdowns: Formula One | https://podcasts.apple.com/gb/podcast/formula-one-the-iconic-motor-sport/id1559120677?i=1000526586800
• [Watch] Netflix: Formula 1: Drive to Survive | https://www.netflix.com/title/80204890
• [Read] Mark Robichaux: Cable Cowboy | https://www.amazon.co.uk/Cable-Cowboy-Malone-Modern-Business/dp/047170637X
Full transcript on Substack: https://cheekypint.substack.com/p/tobi-lutke-is-still-captivated-by
Subscribe to Cheeky Pint
Spotify: https://open.spotify.com/show/2IHbGJJMpiFoz5YrvRfTFw
Apple Podcasts: https://podcasts.apple.com/us/podcast/cheeky-pint/id1821055332
Substack: https://cheekypint.substack.com/
Key moments
00:00 Intro
07:07 How internal software shapes culture
16:32 The Shopify vision
27:49 Peak transaction capacity
34:36 Agentic commerce
49:15 Shop Pay
55:29 Stablecoins
59:20 Stripe + Shopify
1:12:23 Learning from the Coinbase board
1:17:23 Is Tobi ungovernable?
1:25:02 Entrepreneurship
1:31:50 Advice for Mark Carney
1:36:40 Motor racing Tobi Lütke is still captivated by internet commerce, 20 years later](https://i.ytimg.com/vi/eMSqlQMk480/mqdefault.jpg)









