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Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

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No single coin will "moon" by itself. Either the entire ensemble goes up together, or they all mop the floor, mired in regulations, scams and lawsuits. It's essential for the communities to work together.

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OH: “Silicon Valley used to be a counterculture. It’s not anymore. It is the establishment. The crypto community is the new counterculture.”

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I recommend crypto discourse changes emphasis from "eliminating the middlemen" to some combination of "shackling the middlemen" and "making the market for middlemen more competitive".

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One amazing thing about crypto is that if you say or write something insightful, people (for the most part) listen to you. Credentials, age, and social proof/status are all secondary.

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Money being controlled and managed by the government will, some day, appear as arbitrary and distasteful as religion or speech being similarly handled.

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Newspapers monetized at $1.15 per reader hour in 1995 Websites monetized at $0.15 per reader hour last week Today, Salon is accepting $0.02 per reader hour via direct cryptographic monetization.

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Verge, bitcoin gold, monacoin, and now zencash have all been attacked recently because they are PoW chains that are primarily mined by GPUs. The game theory that backs bitcoin's security is broken when you can use your hardware on multiple different chains.

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The main upside of banks blockading Bitcoin bank accounts (account closures/freeze, censorship, seizure) is that Bitcoin businesses are incentivized to keep money in Bitcoin, as the risks are limited. Bitcoin volatility (high frequency) is not fatal, unlike banking black swan.

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The winning "store of value" cryptocurrency will be the one that is most decentralized.

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The reason "Blockchain" is so susceptible to cargo cult mentality is that the fundamental features that make it what it is are, in a sense, invisible, and inseparable from how the technology works.

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Languages evolve. Crypto, for all practical purposes, now means crypto economy; not applied cryptography.

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I don't know who first referred to Bitcoins as "Dunning-Krugerrands" but I love it

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Winners of internet 2.0 will have a hard time adjusting to crypto.

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Blockchain is the embodiment of 21st century tech bullishness and cynicism about institutions.

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Utility tokens are multi-billion dollar opportunity but tokenized securities are multi-trillion dollar opportunity.

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Bitcoin. Would any sane VC invest in a project “lead by a single unknown founder, plans to quit in a year, has a 9-page document with mostly math symbols, no marketing plan/budget, and is projected to have $200,000,000,000+ USD market cap in 10 years”? The crowd did, and made it.

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Never bet against a group of technologists driven by something other than money

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If you're not okay with uncertainty, complexity, novelty, thinking from first principles, ambiguity... and most importantly, breaking rules, you shouldn't be in Crypto.

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