Crypto needs a way to convert zero-sum speculative energy into pro-social productive goods, similar to the goal of capitalism channeling self interest toward societal gains.
Judging solely from the ads, #Twitter starting to resemble late night TV (on my feed).
Irony factor 10: the McWaters stablecoin bill passes due to bank mismanagement and Fed policy, enabling direct backing of onchain USD from US Govt. - Entertainment Maximizer
Preventing bank runs, a jab at Trump, and jobs in the president’s remarks today. Not crypto 🧐 Interesting pivot
Transition to community means one has to operate with as much heart as head.
Agree there will be a narrative switch back to growth at some point, but I’m wondering if the GoGo days are behind or still just in front of us.
Big story for tech last 10y: - network effects - app for everything Biggest for economies: ZIRP Allow me to ignore ZIRP because business has no ability to change it. What has a chance to break apart or challenge networks and app stores?
I said equity-based, but it’s currently more like a gift culture (though many projects sell collectibles eventually).
I’d argue yes if it’s retail, no if building a premium brand. By game breakdown of in-app purchases would be one tell, as product works the same across both platforms. Now wondering how many Tesla’s are run by android…
Grin and eat the fee. Same thing for Amazon in retail, but Amazon uses it, so far, to drive down product prices. Volume>Margin
@nouns Neat-O. Going around tradFi to create an equity (not debt) based financing system which is immune to charlatans if it stays on chain, with the NFT pump rewarding the holders (investors) 😮 If NounNFT buyers dissipate, treasury stops growing but if projects have success it may create a closed loop (flywheel?)
It’s 3:30 and I’ve gotten very little done of what I’d intended. Though I did unblock a dev so that’s cool. #Monday
Would not be surprised if the Macalinao brothers are working with Fed and SEC to build enforcement systems & analytics or FedCoin.
So Google’s dying now? Not a chance, IMO, but the stock may not be a great deal here.
Anyone else think the #SEC has actually been pretty reasonable and measured? They didn’t provide guidance but also didn’t squash things early, and are going after settlements and obvious frauds like Luna.