Memecoin fever has gripped Cardano, and it has a lot of people confused. How is it possible that in the midst of the iciest of bear markets, there is still enough dry powder to create a speculative mania?
Today we will be discussing the economics of memecoins.
May 4, 2023 • 15 tweets • 4 min read
Active vs passive investing:
Why monkeys might be better investors than degens.
- Active: Where you make regular decisions to address your investing needs
- Passive: Where you fund a specific strategy & keep doing so indefinitely
Both have their benefits and weaknesses, which we will explore in this thread.
Apr 19, 2023 • 16 tweets • 5 min read
DeFi will defy expectations - why on-chain identities are essential for mass adoption of #Cardano.
- Thread Time 🧵- 1/ Intro
Now that the angry dust is clearing from the contingent staking debate, perhaps it's worth discussing why on-chain identity verification can be very important to mass adoption.
It's not without its tradeoffs, but it is needed if we want to fully bloom to our potential
Mar 28, 2023 • 13 tweets • 5 min read
Building a portfolio that survives the bear market.
Blockchain projects have a problem where most business models could never work in the long run, or they're only sustainable with a HUGE volume of users
It's a chicken & egg problem, where you need users to have a good protocol, but you need a good protocol to get users
Jan 25, 2023 • 22 tweets • 10 min read
Why most of your tech startup investments are bad and won't make it through the bear market.
A core tenet of traditional financial education is that when you invest, it should be done in businesses that can support their own existence. This has changed in recent decades.
Now, it's about numbers going up at ever higher rates instead of sound fundamentals...
The philosophy underpinning blockchain is that no person could or should be in power, as this leads to the abuses and oligarchies that we see in our everyday lives.
Instead, every user is given the ability to decide the best course of action for themselves.
This thread will necessarily talk in vague terms and avoid giving concrete examples, as the goal is to teach financial principles - not to give you an excuse to YOLO your life savings away.
Only ever invest money you can afford to lose. Every trade carries risk.
Aug 16, 2022 • 22 tweets • 9 min read
Why Total-Value-Locked is a nonsense metric that will make you poor.
0/ Before we allow anyone to claim Cardano has concurrency issue, we'd make one thing absolutely clear.
In Ethereum everything is absolutely sequential, pool selects txs based on reward maximisation, then everything is applied to previous state one by one.
1/ Yes, it's damn easy to write on something what is absolutely sequential and has global memory, that's what everyone does when writing their first program, and some devs never deal with concurrency, not to mention real one like in distributed database systems.
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