Learning from the past, imagining the future. https://t.co/Q3NZ3ZzBdz
Jul 29, 2021 • 24 tweets • 4 min read
Once a long time ago, I heard a bitcoiner say that the price of bitcoin is not volatile, but rather the price of dollar expressed in bitcoin is volatile. It is the dollar, in other words, that's unstable. <thread>
I laughed. First, I thought he was joking. Then I thought he was, well, wrong. Then, for many years I thought of this statement as an anthropological curiosity.
Jan 1, 2021 • 23 tweets • 4 min read
To me this incessantly boring fight between two camps that are both quite wrong, shows only one thing - that there is complexity under the rug, and quite a lot of it.
Pianos are bought for their utility, which is easily described, you can play them, and they sound good. More people desire this utility - more demand, less people desire it - less demand. Easy.
Jul 31, 2020 • 18 tweets • 3 min read
The populace has spoken and I shall now rant about #governance tokens. <thread>
It has been shown in prior research that governance rights are not that valuable, fundamentally speaking. stout.com/en/insights/ar…
Sep 6, 2019 • 15 tweets • 2 min read
Here are some more thoughts on crypto and the future of digital investing. <thread>
What is happening? We are transitioning from competition (every company for itself) to a "coopetition" model. The "coopetition" model is characterized by a few features. Here they are:
Apr 27, 2019 • 17 tweets • 3 min read
In view of the breaking news of the MakerDAO turmoil, I wanted to talk a bit about conflicts. <thread>
1/ Not many know that I have a degree in Conflict Facilitation and Organizational Change from @ProcessWorkPDX. Disclaimer: I was a terrible student, and subsequently decided not to take this as my profession. But this education informs everything I do in Blockchain and crypto.
Sep 16, 2018 • 11 tweets • 2 min read
It pains me to observe people (mis)use the word identity, robbing it of nuance, as if it’s something obvious, well understood, and simple. It is not <thread>
1/ Most problems with today’s blockchain protocols come from the issue least discussed and least questioned: the imperative to extract value from it. Removing this imperative opens up possibilities to scaling and interoperability that are entirely unlike anything we have seen
2/ think of this: the platform currency is a splinter in the body of the dApp’s economy, something you must have and transact in addition to the dApp’s token(s)
