"There’s a business concept called “build vs buy.” Given a business need, should the business buy a product or service from another company or build their own? For traditional businesses, the answer is almost always buy. But for crypto projects, the incentives flip, and it can make more sense to build."
"Learning about the forces driving prices can help you make the best possible decisions."
"What are crypto index funds and which portfolios are available for average investors?"
"I have a hypothesis that digital currency will be widely used in virtual reality, especially in virtual worlds."
"Philosophers have debated questions of fairness for thousands of years, so we won’t pretend to have any new insight there. Instead, we will focus our analysis on what criteria for a fair launch have emerged over the short history of private currency markets."
"Fair launches have always been lauded as the holy grail for a cryptocurrency. The problem is, how can a launch be fair when we are currently in a time when assets have absurd valuations before launch, are typically sold, and even the ones that aren’t sold are already treated with speculation?"
"Breaking down the entire abstract bit by bit"
"The cult label can be seen as a pejorative but I will attempt to explain here how it is a perfectly reasonable and necessary description of Bitcoin. A cult is just a religion with limited membership status and social acceptance. Musician Frank Zappa cleverly stated that “the only difference between a religion and a cult is the amount of real estate they own”. So if Bitcoin is a cult, fiat money is a religion."
"This essay is meant to suggest key questions the Maker and wider DeFi communities should ask when making decisions regarding the rates and parameters on trust-minimized credit protocols."
"By issuing crypto tokens, platforms gave early users an incentive to help bootstrap the service and solve the often inherent chicken and egg problem. These tokens act as value exchange / currency within a platform and often give owners specific rights like voting on forks, etc."