Brian Fakhoury

Overvaluation of any asset hinders its long term success. You want people who are capable of patience over vast periods of time to be able to get a price that is fair in that context, over a generous window. If overvaluation lowers the chance of a return over a 10+ year period, you’re fending off the smart money.

Goes without being said, but this is precisely why crypto/stablecoins are important. Regardless of their adoption in any dimension, they’re a check on power and a wedge to preserving the properties of cash in a digital world.

Thought experiment: if after today, the only information you can access is from before today, would you enjoy the internet (and the world in general) more or less. There’s definitely more out there than one could ever consume in a lifetime.

Memecoins are cool, and I love to see them flourish, but when the "leaders" have to sell at the end of the day, I don't think much unity will be created. In fact, memeing things into existence is how all institutions are created, but the differentiator is in societal value. Will you serve people?

Mount Rainier glowing in the dusk

Snowstorm aftermath in the Arizona high country

I'm really obsessed with passkey UX for wallets. By nature, passkeys are extremely private and carry implementation guarantees that make them similar, in my opinion, to paper seed phrases. The difference being that storage and sharing architecture is very standardized for passkeys.

Smart wallets (passkey based) are so important. They are the most flexible form of an account, and as passkeys grow the network effects will increase. For example, adding a passkey to a shared group in Apple Passwords is the new way to create a family wallet.

The water of the San Rafael whispers in the Utah desert, a timeless contrast

A timeless shot of horses in front of hazy Teton peaks.

New personal site and digital garden: https://fakhoury.xyz/ Proud of this one for being very feature complete -- statically typed, layered, and optimized down to the kB with nextjs 14.

Merry Christmas! 🎄

What was the design reason for Farcaster app generating a new recovery phrase rather than asking a user to prove ownership over an existing wallet?