What is a Network State | Part 2
WhyBasically, the world is turning into a shitstorm, of democracies turning into authoritarian regimes & authoritarian regimes turning into full big-brother mode on steroids.However, it’s more politely put explained in Bilaji’s theories as American Anarchy & Chinese Control.TLDR;US goes into civil warChina x10 the surveillance and control via their digital currency.Disaster Girl MemeSo what’s the main difference?The logical question is now, what’s the difference between a nation-state & a net...
What is a Network State | Part 2
WhyBasically, the world is turning into a shitstorm, of democracies turning into authoritarian regimes & authoritarian regimes turning into full big-brother mode on steroids.However, it’s more politely put explained in Bilaji’s theories as American Anarchy & Chinese Control.TLDR;US goes into civil warChina x10 the surveillance and control via their digital currency.Disaster Girl MemeSo what’s the main difference?The logical question is now, what’s the difference between a nation-state & a net...
What is a Network State | Part 1
Network states & crypto states … I first came across these terms a while ago whilst contributing at Status, I never gave it much thought until recently as tensions across the world escalate, privacy shrinks, authoritarianism increases and I’m slowly but surely noticing more & more that nation-states are constantly fighting to compete for the monopoly on violence. Network states & crypto states are the new or at least new to me buzzwords being thrown around in the blockchain/web3 space, howeve...
What is a Network State | Part 1
Network states & crypto states … I first came across these terms a while ago whilst contributing at Status, I never gave it much thought until recently as tensions across the world escalate, privacy shrinks, authoritarianism increases and I’m slowly but surely noticing more & more that nation-states are constantly fighting to compete for the monopoly on violence. Network states & crypto states are the new or at least new to me buzzwords being thrown around in the blockchain/web3 space, howeve...
DAOs | Part 1
What is a DAO:The name stands for decentralised autonomous organisation. It’s people who form a group (small, medium or large), where everyone participating is a shareholder, as long as they have the group/organisation token/NFT, these shareholders can put forward proposals that everyone votes on. So like having a pot of money between friends and you all choose what to do with it … But on a much bigger scale, everyone votes and then the actions are executed by code. The main parts are that it...
DAOs | Part 1
What is a DAO:The name stands for decentralised autonomous organisation. It’s people who form a group (small, medium or large), where everyone participating is a shareholder, as long as they have the group/organisation token/NFT, these shareholders can put forward proposals that everyone votes on. So like having a pot of money between friends and you all choose what to do with it … But on a much bigger scale, everyone votes and then the actions are executed by code. The main parts are that it...
Incentive Design | Part 1
Why are things designed in a certain way, basically so we can take the predetermined paths that benefit both the person & the final product. This includes how the paths are shown & followed usually decided by good & bad behaviour rewards. So, what drives people to act in certain ways, rewards; as humans we tend to run away from pain & towards what brings us pleasure, on most occasions anyway. Unless you’re a gamer in which case you’ll get crushed by the same boss for hours for a tiny release ...
Incentive Design | Part 1
Why are things designed in a certain way, basically so we can take the predetermined paths that benefit both the person & the final product. This includes how the paths are shown & followed usually decided by good & bad behaviour rewards. So, what drives people to act in certain ways, rewards; as humans we tend to run away from pain & towards what brings us pleasure, on most occasions anyway. Unless you’re a gamer in which case you’ll get crushed by the same boss for hours for a tiny release ...
Tokenomics | Part 3
I want to cover the most popular digital currency in the world, more popular than BTC… At face value, it has an unlimited market cap, inflationary, isn’t backed by anything & the devs don’t do anything, can you guess which one it is … If you said BTC, ETH, Dogecoin or any other crypto, then you’d be wrong, it’s actually the US Dollar.Jerome Powell & his money printerIf you can print an infinite amount of money, rack up too much debt to pay back & depend on more people to add to the supply to ...
Tokenomics | Part 3
I want to cover the most popular digital currency in the world, more popular than BTC… At face value, it has an unlimited market cap, inflationary, isn’t backed by anything & the devs don’t do anything, can you guess which one it is … If you said BTC, ETH, Dogecoin or any other crypto, then you’d be wrong, it’s actually the US Dollar.Jerome Powell & his money printerIf you can print an infinite amount of money, rack up too much debt to pay back & depend on more people to add to the supply to ...
