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Crypto is what comes after Silicon Valley
|Sep 29, 2020|
In the latest incarnation of the ICO, several early participants typically make off with outsized returns while others are left deeply in the red. Read: bit.ly/2GlSvlG
I’m happy to announce I’ve joined as Head of Exchange. I look forward to the challenge and working with an incredible team! 🚀
Since 1800, 51 out of 52 times a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted (through restructuring, devaluation, high inflation, or outright default). US now at 136%.
The true U.S. rate is closer to ~10% than the ~2% often quoted in the news. Inflation is measured by the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in major U.S. cities. Source: The Chapwood Index
This weekend's KuCoin hack served as an acid test for decentralization So how decentralized are our protocols? There were 3 possible outcomes: 1. Issuer froze funds 2. Issuer didn't freeze funds 3. No one could freeze funds Find out here:
Have you heard of ISO 20022? Then I suggest you "There will be some who are frozen out because they are protesting their governments." The Standard About to Revolutionize Payments coindesk.com/the-standard-a… PODCAST TOPIC!
Yet again, leads the way. I predict most successful companies will follow Coinbase's lead. If only because those who don't are less likely to succeed.
We are hearing from sources that Ethereum 2.0 launch announcement is coming within the next few weeks. Is your portfolio positioned accordingly?
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Some of the reasons why: 1) It has much more philosophical depth than tech. Can’t understand BTC without history 2) It has an international, remote-first, shared culture built around common memes 3) It is technologically harder than most web apps, which has a selective effect
4) It is an alternative to many legacy institutions Wall Street → decentralized finance Silicon Valley → decentralized protocols Yale Law → smart contracts Columbia Journalism → crypto oracles Federal Reserve → algorithmic monetary policy Harvard KSG → on-chain governance