When I graduated college, my plan was:
- Start at a big company (~5,000)
- Then work at a smaller one (~50)
- Then join as an early employee (~8)
- Then start my own
Here’s why and what I learned along the way:
BIG COMPANY
A big company is a multi-billion dollar company for a reason.
They do one thing better than everyone else.
Find what that thing is. Study it. Master it.
Now *you* carry that billion dollar competency with you.
At the big company, make sure you learn that thing.
MEDIUM-SIZED COMPANY
A growing company with 50 people is onto something. It may be a rocketship. 🚀
Your equity is quite exciting. When they hit $1b, you’ll be a millionaire!
This motivates you daily. You’re even OK with less pay...
1. A hardware wallet is a 3rd-party custody solution.
2. You feel like you #OwnYourKeys because you can physically hold it.
3. Point 2. is a fallacy from your fiat brain. 💵🧠
4. Purchasing a hardware wallet involves trusting:
• The firmware authors
• The code signers
• Everyone in the supply chain
5. There are entire categories of vulnerabilities hardware wallet producers admit they can’t fix, namely physical attacks. ledger-donjon.github.io/Unfixable-Key-…
6. Since some physical attacks can’t be patched, physical security is now a meaningful part of your life.
7. The firmware on hardware wallets can be extracted and audited. But you haven’t done this. And there’s a lot of code: I’ve only looked at chunks. medium.com/@brandonarvana…
"Mastering Bitcoin" by Andreas Antonopoulos (@aantonop) is a pillar of our industry.
Here are 10 lines I picked out to give you a glimpse of what's inside, and to encourage you to read it. (Thread)
"The key innovation was to use a distributed computation system (called a 'Proof-of-Work' algorithm) to conduct a global 'election' every 10 minutes, allowing the decentralized network to arrive at consensus about the state of transactions." -@aantonop, 4
"Bitcoin's block interval of 10 minutes is a design compromise between fast confirmation times (settlement of transactions) and the probability of a fork." -@aantonop, 247