🤡 musings on the $COVER hack & the professionalization of crypto
1. Every exploit that doth not kill me makes me stronger
So long as the dev and the community does not give up, the product actually gets better
1. Every exploit that doth not kill me makes me stronger
So long as the dev and the community does not give up, the product actually gets better
2. Crazily, the exploit could benefit token holders who were long. We sell for a tax loss and get new tokens, presumably in a new tax year
3. The above assumes, of course, people haven't lost complete faith in the project and the new tokens retake old highs (far from guaranteed)
3. The above assumes, of course, people haven't lost complete faith in the project and the new tokens retake old highs (far from guaranteed)
4. I've been thinking a lot about the "professionalization" of the space
The new drum-beat in my mind is "The MBAs are coming"
Can small, grassroots teams compete with well-funded sharks from Wharton and MIT?
The new drum-beat in my mind is "The MBAs are coming"
Can small, grassroots teams compete with well-funded sharks from Wharton and MIT?
5. Long-term, I'm doubtful. But the one area where grassroots teams can continue to win is in the regulatory gray areas
6. $COVER is a reminder we're explorers on the fringe
Grit, courage and creativity will win no matter where TF you come from
6. $COVER is a reminder we're explorers on the fringe
Grit, courage and creativity will win no matter where TF you come from
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