โข
What decentralized finance really needs is something entirely new. Something that regular finance can’t replicate. Something so useful that regular consumers will desert their bank to use it. This killer tool hasnโt been created.
โข
If the current path is maintained (and quite possibly even if it isnโt), the future belongs to truly โdependable and reliableโ monetary media: cryptocurrencies and precious metals
โข
The idea of inevitability does not mix well with the logic of markets. We need markets and competition precisely because as human beings we have nowhere near the information or capacity necessary to make deterministic statements about the future.
โข
There is so much going on right now in cryptoland. Here are two audio interviews.
โข
While reading tea leaves based on Bitcoinโs price to predict the cryptocurrencyโs ultimate success is tempting, its day-to-day volatility is perhaps more important in determining its practicality as a store of value.
โข
The Libra could be to money and finance what Henry Ford was to automobiles.
โข
If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.
โข
Facebook’s Libra is easily and probably rightly criticized by crypto purists as a halfway house that makes too many concessions to legacy systems and plays too nicely with the existing regulatory system. All true. But thatโs not where the story ends.
โข
Because so many lack the patience to understand, and perhaps because so few can explain it coherently, there is a strange lust in the land to debunk the whole thing. Every single time the market drops, people get busy writing obituaries for crypto. Iโve been seeing these appear since the market price was $14.
โข
You should be able to take advantage of smart contracts in many ways, and in many situations, if you just understand smart contracts are a way of managing contingencies.
โข
What decentralized finance really needs is something entirely new. Something that regular finance can’t replicate. Something so useful that regular consumers will desert their bank to use it. This killer tool hasnโt been created.
โข
If the current path is maintained (and quite possibly even if it isnโt), the future belongs to truly โdependable and reliableโ monetary media: cryptocurrencies and precious metals
โข
The idea of inevitability does not mix well with the logic of markets. We need markets and competition precisely because as human beings we have nowhere near the information or capacity necessary to make deterministic statements about the future.
โข
There is so much going on right now in cryptoland. Here are two audio interviews.
โข
While reading tea leaves based on Bitcoinโs price to predict the cryptocurrencyโs ultimate success is tempting, its day-to-day volatility is perhaps more important in determining its practicality as a store of value.
โข
The Libra could be to money and finance what Henry Ford was to automobiles.
โข
If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.
โข
Facebook’s Libra is easily and probably rightly criticized by crypto purists as a halfway house that makes too many concessions to legacy systems and plays too nicely with the existing regulatory system. All true. But thatโs not where the story ends.
โข
Because so many lack the patience to understand, and perhaps because so few can explain it coherently, there is a strange lust in the land to debunk the whole thing. Every single time the market drops, people get busy writing obituaries for crypto. Iโve been seeing these appear since the market price was $14.
โข
You should be able to take advantage of smart contracts in many ways, and in many situations, if you just understand smart contracts are a way of managing contingencies.
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