Investing as Entertainment
There is a primal demand for extreme sports type thrills in finance. This includes cryptocurrencies, Tesla stock, S&P put options, and liquidity mining. Investing is a form of entertainment like riding a roller coaster or watching a horror movie. The ticket fee you are paying is in the form of possible investment losses. Invest your money to save to buy a house, send your kids to college, save for retirement, blah blah blah. Sounds boring. Buy a call option on AMC Entertainment for $300 to ma...
Crypto and Society
We have tools to communicate with billions of people but our tools to coordinate with people haven’t kept up with this. It has been over twelve years since Satoshi published the Bitcoin whitepaper. Since then, we’ve had several successful experiments in human coordination. It is clear to me that crypto will re-orient society. It will affect how people think, feel, and live. It was easy to predict the automobile in 1880; it was difficult to predict the traffic jam. For a technology to affect t...
How to Structure a Protocol's Treasury
How should a protocol like Uniswap or Compound structure its treasury? This post covers the principles of protocol treasury management, fiscal policy, asset allocation, ways to diversify the treasury, and responsibilities of a treasury committee.Credit: [DeviantArt](https://co.pinterest.com/pin/799740846299206540/)Principles of treasury management Infinite time horizonThe treasury should be structured to exist in perpetuity.There should be no time preference, i.e. no preference given to fundi...
How crypto will reorient society
Share Dialog
Investing as Entertainment
There is a primal demand for extreme sports type thrills in finance. This includes cryptocurrencies, Tesla stock, S&P put options, and liquidity mining. Investing is a form of entertainment like riding a roller coaster or watching a horror movie. The ticket fee you are paying is in the form of possible investment losses. Invest your money to save to buy a house, send your kids to college, save for retirement, blah blah blah. Sounds boring. Buy a call option on AMC Entertainment for $300 to ma...
Crypto and Society
We have tools to communicate with billions of people but our tools to coordinate with people haven’t kept up with this. It has been over twelve years since Satoshi published the Bitcoin whitepaper. Since then, we’ve had several successful experiments in human coordination. It is clear to me that crypto will re-orient society. It will affect how people think, feel, and live. It was easy to predict the automobile in 1880; it was difficult to predict the traffic jam. For a technology to affect t...
How to Structure a Protocol's Treasury
How should a protocol like Uniswap or Compound structure its treasury? This post covers the principles of protocol treasury management, fiscal policy, asset allocation, ways to diversify the treasury, and responsibilities of a treasury committee.Credit: [DeviantArt](https://co.pinterest.com/pin/799740846299206540/)Principles of treasury management Infinite time horizonThe treasury should be structured to exist in perpetuity.There should be no time preference, i.e. no preference given to fundi...
Share Dialog
How crypto will reorient society

Subscribe to Shreyas Hariharan

Subscribe to Shreyas Hariharan
<100 subscribers
<100 subscribers
Shakti Goap, who is the founder of Devfolio and ETHIndia, passed away few days back due to COVID.

His passing away makes me sad. You know how when you talk to someone you can instantly feel strong resonance? I felt that with Shakti.
Shakti might be gone, but his ideas, values, and energy should persist. He gave time and attention to young people before anyone else validated them.
He was kind and full of energy. He was helpful to me when I was getting started. He generously introduced people in the Indian builder ecosystem to each other, like this message he sent me a few weeks back.

He was on a mission to democratize access to opportunities, especially for Indians in tier 2 and 3 cities.
Out of the conversations I’ve had with him, a particular one in March stood out to me where we discussed his vision and values. Immediately after the conversation, I spoke to a few people about the ideas we discussed.
https://twitter.com/HelloShreyas/status/1367071130100539392
Shakti might be gone, but his ideas, values, and energy should persist.
One of Shakti’s core beliefs was that ordinary seeming people are capable of incredible things if they are given the opportunity. The internet seems like an open place filled with opportunities. But if you aren’t plugged into particular parts of the internet, you don’t see any of those opportunities. (For example, I did not know many opportunities that I know see existed till a few months back.)
https://twitter.com/ctushr/status/1391664766288945155
He was building Devfolio to be a portal for young builders to get opportunities they didn’t know existed. Or if they knew existed, didn’t know they were capable of. Participate in hackathons, build your profile, meet other builders, and access opportunities that your social graph doesn’t let you. He lead ETHIndia, which helped many young builders, including the founders of Instadapp.
There are many talented, energetic builders who languish in the Indian system. A particular culture around parenting, schooling, and marriage can sometimes restrain free thinking, entrepreneurial energy. This is definitely changing in some parts of India. But Shakti deeply cared about people in parts of India where this culture hasn’t changed.
Can’t you just say FU and pursue whatever you want? No, you can’t. While Shakti was idealistic, he had a practical and empathetic way of working with people. Young people don’t want to disappoint their parents or alienate their friends. Shakti worked with many young people to help them pursue their dreams while still empathizing with some of the restrictions they might have.
I admire his honesty and generosity. He gave time and attention to many young people before anyone else validated them.
Thanks Shakti. You will be missed.
Shakti Goap, who is the founder of Devfolio and ETHIndia, passed away few days back due to COVID.

His passing away makes me sad. You know how when you talk to someone you can instantly feel strong resonance? I felt that with Shakti.
Shakti might be gone, but his ideas, values, and energy should persist. He gave time and attention to young people before anyone else validated them.
He was kind and full of energy. He was helpful to me when I was getting started. He generously introduced people in the Indian builder ecosystem to each other, like this message he sent me a few weeks back.

He was on a mission to democratize access to opportunities, especially for Indians in tier 2 and 3 cities.
Out of the conversations I’ve had with him, a particular one in March stood out to me where we discussed his vision and values. Immediately after the conversation, I spoke to a few people about the ideas we discussed.
https://twitter.com/HelloShreyas/status/1367071130100539392
Shakti might be gone, but his ideas, values, and energy should persist.
One of Shakti’s core beliefs was that ordinary seeming people are capable of incredible things if they are given the opportunity. The internet seems like an open place filled with opportunities. But if you aren’t plugged into particular parts of the internet, you don’t see any of those opportunities. (For example, I did not know many opportunities that I know see existed till a few months back.)
https://twitter.com/ctushr/status/1391664766288945155
He was building Devfolio to be a portal for young builders to get opportunities they didn’t know existed. Or if they knew existed, didn’t know they were capable of. Participate in hackathons, build your profile, meet other builders, and access opportunities that your social graph doesn’t let you. He lead ETHIndia, which helped many young builders, including the founders of Instadapp.
There are many talented, energetic builders who languish in the Indian system. A particular culture around parenting, schooling, and marriage can sometimes restrain free thinking, entrepreneurial energy. This is definitely changing in some parts of India. But Shakti deeply cared about people in parts of India where this culture hasn’t changed.
Can’t you just say FU and pursue whatever you want? No, you can’t. While Shakti was idealistic, he had a practical and empathetic way of working with people. Young people don’t want to disappoint their parents or alienate their friends. Shakti worked with many young people to help them pursue their dreams while still empathizing with some of the restrictions they might have.
I admire his honesty and generosity. He gave time and attention to many young people before anyone else validated them.
Thanks Shakti. You will be missed.
No activity yet