Tough question. Carlo Ancelotti has still an edge. Won the national league in 4 different countries and only one to win the Champions League 4 times, with 2 teams. Guardiola has a chance this year to win the CL with a team other than BarΓ§a, after having his clubs spend more $$$ than Ancelotti in a shorter career.
Explained Bitcoin to my cousin, who is a doctor. His take away was: "It's like a new element has been just added to the periodic table". Not a bad summary!
Once we look at crypto with intensity and doubt, it's likely we'll lose our optimism and our love for this wild new framework. Avoiding these problems takes practice and, perhaps, some experience. We must avoid such emotional extremes and find a way to feel optimism *and* doubt at the same time!
Always think long-term. With our life, with our business, with our relationships there's no more critical process to master than the ability to effortlessly play the long game. "The toe you step on today could be connected to the ass you're going to kiss tomorrow." π¦Άππ
Useful piece by @vbuterin. When someone says that a system "depends on trust", ask them in more detail what they mean! Do they mean 1 of 1, or 1 of N, or N/2 of N? Are they demanding these participants be altruistic or just rational? π https://vitalik.ca/general/2020/08/20/trust.html
And as every business person knows (including Elon of course, who is a Sales Grandmaster) distribution > product.
My comment is clear: Definitely not "just a marketer", but surely an unscrupulous marketer.
His friend Peter Thiel calls him a "sales grandmaster" in his book "Zero to One". I think that's a pretty accurate definition. Definitely not "just a marketer", but surely an unscrupulous marketer.
Excellent work by our expert Joe King on RWA tokenization in the latest @banklessconsult's newsletter. Check it out and subscribe! π https://open.substack.com/pub/banklessconsulting/p/putting-real-world-assets-on-chain?r=1nf5p5&utm_medium=ios&utm_campaign=post
For the turkey, everything seems awesome for many days in a row. Life is beautiful. Until, one day, thanksgiving day comes π¦
The 1st product Hewlett-Packard commercialized was an audio isolator they called "Model 208". The reason it was 208 was to hide that it was indeed their FIRST product - not their 208th! This stuff about early companies always gets me: how they come up with tricks to get perceived more mature than they are β₯οΈπ§
Hey, I answered on Twitter already π It's @banklessconsult's newsletter, of course: https://open.substack.com/pub/banklessconsulting?r=1nf5p5&utm_medium=ios
A quite concerning thing I'm discovering is that "startup founders", "CEOs", etc didn't know of or didn't care about one simple piece of reality. *Storing large sums of money in a bank account carries risk.* I know. It's incredible. It shouldn't be like that. It's mad, etc. But it's a fact. You must deal with it.