In a Sense, Blockchains are Crappy Databases
The original post appeared here. ----------------------------------------------------------------------------------------- The fundamental purpose of cryptocurrencies is to exchange value with one another in a decentralized manner using state-free money, which is by definition censorship-resistant. For a distributed network to be censorship-resistant, privacy is a necessity. The earliest documentation of history has shown that the concept of money emerges organically within civilizations. A s...
In a Sense, Blockchains are Crappy Databases
The original post appeared here. ----------------------------------------------------------------------------------------- The fundamental purpose of cryptocurrencies is to exchange value with one another in a decentralized manner using state-free money, which is by definition censorship-resistant. For a distributed network to be censorship-resistant, privacy is a necessity. The earliest documentation of history has shown that the concept of money emerges organically within civilizations. A s...
The Efficient Market Hypothesis and What It Means For Crypto
As yet another annual market cycle comes to a close, I think it's important to evaluate the conditions under which we thrived or got rekt. Perhaps you’ve had an outstanding year. Generating absolute face-melting alpha from the meme coins, shitcoins, dog coins, farming vegetable coins, airdrops, flipping NFTs, IGOs, and what have you. The kind of returns that get you slapped if you were to publicly talk about it. Or maybe you were a noob like me who just had his first full cycle in the cr...
The Efficient Market Hypothesis and What It Means For Crypto
As yet another annual market cycle comes to a close, I think it's important to evaluate the conditions under which we thrived or got rekt. Perhaps you’ve had an outstanding year. Generating absolute face-melting alpha from the meme coins, shitcoins, dog coins, farming vegetable coins, airdrops, flipping NFTs, IGOs, and what have you. The kind of returns that get you slapped if you were to publicly talk about it. Or maybe you were a noob like me who just had his first full cycle in the cr...
An Attempt at Defining Web3 and Why it Matters
(The original post appeared here) ----------------------------------------------------------------------------------------- Web1 was the infant stage of the World Wide Web built on the internet (early 90s to 2001/02). Characterized by skeuomorphism, the web back then looked primarily like digital replicas of magazines and newspapers. With limited to no scope for user-media interaction. This era is defined to be mostly a read-only version of the web, where the content was limited to virtual de...
An Attempt at Defining Web3 and Why it Matters
(The original post appeared here) ----------------------------------------------------------------------------------------- Web1 was the infant stage of the World Wide Web built on the internet (early 90s to 2001/02). Characterized by skeuomorphism, the web back then looked primarily like digital replicas of magazines and newspapers. With limited to no scope for user-media interaction. This era is defined to be mostly a read-only version of the web, where the content was limited to virtual de...
The Bitcoin Perspectives
Exploring Bitcoin from the political, economic, technical, and philosophical lenses.Although at the core of it, Bitcoin is a product of Computer Science, Mathematics, and Cryptography, the primary characteristics that individuals often attribute to the blockchain are political, economic, and philosophical. Two aspects to momentarily dwell on from that last sentence — the first being that most of the values we see or hear as attributed to Bitcoin are almost always subjective. The core values o...
The Bitcoin Perspectives
Exploring Bitcoin from the political, economic, technical, and philosophical lenses.Although at the core of it, Bitcoin is a product of Computer Science, Mathematics, and Cryptography, the primary characteristics that individuals often attribute to the blockchain are political, economic, and philosophical. Two aspects to momentarily dwell on from that last sentence — the first being that most of the values we see or hear as attributed to Bitcoin are almost always subjective. The core values o...
