jer979Purpose Struggle
Yesterday, I decided that my blogging career should come to an end. I was doing myself a disservice. I told myself that the goal of the posts was to dig deeper, peel back the layers, get down to the core. But by publishing online (or on-chain as the case may be), I was subconsciously writing for others, even if I told myself that I didn't care if others read. So, in an effort to be more authentic, I figured I'd stop publishing and start doing a private journal. Within 2 hours of that decision...
jer979Value. Happiness.
I feel happy. It's fun, it's light, like a feather floating at the beginning of Forrest Gump. But, like the feather, it's not grounded. It can flitter and float away. Value is also ephemeral. We know it when we see it. We feel it, somewhere deep inside. Something connects to us, saying "yes, this is worth it." The "it" that it's worth is energy. Energy in the form of time, attention, money. The things of which our possession is limited. There's a reason why all the great traditions point to "...
jer979Coffee with AI
Every day for the past month, I’ve had a coffee date with AI. I literally sit down, with a cup of coffee, with an appointment on my calendar that says “coffee with AI”. During that time, AI (I’ve used ChatGPT, Gemini, Perplexity, Claude, and Venice) and I literally have a chat, the way I would with a friend. It’s not “write this letter for me” or “do this or that.” No, it’s a chance for us to have a conversation about whatever topic I want. Many days, recently, at least, it’s been about quant...
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jer979Don't Underestimate Crypto
www.twitter.com/jer979
Support jer979
jer979Don't Underestimate Crypto
jer979Purpose Struggle
Yesterday, I decided that my blogging career should come to an end. I was doing myself a disservice. I told myself that the goal of the posts was to dig deeper, peel back the layers, get down to the core. But by publishing online (or on-chain as the case may be), I was subconsciously writing for others, even if I told myself that I didn't care if others read. So, in an effort to be more authentic, I figured I'd stop publishing and start doing a private journal. Within 2 hours of that decision...
jer979Value. Happiness.
I feel happy. It's fun, it's light, like a feather floating at the beginning of Forrest Gump. But, like the feather, it's not grounded. It can flitter and float away. Value is also ephemeral. We know it when we see it. We feel it, somewhere deep inside. Something connects to us, saying "yes, this is worth it." The "it" that it's worth is energy. Energy in the form of time, attention, money. The things of which our possession is limited. There's a reason why all the great traditions point to "...
jer979Coffee with AI
Every day for the past month, I’ve had a coffee date with AI. I literally sit down, with a cup of coffee, with an appointment on my calendar that says “coffee with AI”. During that time, AI (I’ve used ChatGPT, Gemini, Perplexity, Claude, and Venice) and I literally have a chat, the way I would with a friend. It’s not “write this letter for me” or “do this or that.” No, it’s a chance for us to have a conversation about whatever topic I want. Many days, recently, at least, it’s been about quant...
www.twitter.com/jer979
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It’s repeated so often, it’s cliche.
You hear it in corporate retreats, keynote presentations, and motivational videos.
But how often do we take it seriously?
I’m talking about Margaret Mead’s famous quote:
“Never underestimate the power of a small group of committed people to change the world. In fact, it is the only thing that ever has.”
But just because we have all heard it and maybe we give it a knowing nod, many people still do exactly that.
The core of crypto people, which is pretty much all we have left now after the FTX meltdown, are exactly that committed.
This isn’t a new phenomenon.
Despite many people knowing about crypto, very few have gone back to read the seminal text, the Bitcoin whitepaper.
It’s accessible (save for a few deep math parts) and it is an emotional treatise.
When the history of this era is written, they will liken Satoshi Nakamoto to the great innovators of all time. He’ll be up there with Gutenberg and Edison.
But he’ll also be up there with Martin Luther (minus the anti-Semitic parts), who started the Protestant Reformation.
Instead of the centralized power of the Catholic Church, Satoshi takes aim at the centralized power of banks.
Instead of the practice of selling indulgences, he has issues with modern-day indulgences, the fees charged by middlement.
And instead of accessibility to God being only in the hands of the clergy, he has issues with accessibility to control of money only in the hands of the State.
Today, we all “know” that Church and State should be separate. That’s thanks to Luther.
Tomorrow, we will all “know” that Money and State should be separate. That will be thanks to Satoshi.
And the people who already “know” that are the committed ones, because, just like the Reformers who saw the travesty of centralized power controlling access to the idea of God, they see the travesty of centralized power controlling access to money.
This isn’t a new phenomenon. I wrote about this nearly 5 years ago in Venture Beat about the Satoshi Roundtable and crypto’s millionaires.
And it’s not going to change.
Don’t underestimate crypto people.
https://venturebeat.com/commerce/what-you-may-not-understand-about-cryptos-millionaires/
It’s repeated so often, it’s cliche.
You hear it in corporate retreats, keynote presentations, and motivational videos.
But how often do we take it seriously?
I’m talking about Margaret Mead’s famous quote:
“Never underestimate the power of a small group of committed people to change the world. In fact, it is the only thing that ever has.”
But just because we have all heard it and maybe we give it a knowing nod, many people still do exactly that.
The core of crypto people, which is pretty much all we have left now after the FTX meltdown, are exactly that committed.
This isn’t a new phenomenon.
Despite many people knowing about crypto, very few have gone back to read the seminal text, the Bitcoin whitepaper.
It’s accessible (save for a few deep math parts) and it is an emotional treatise.
When the history of this era is written, they will liken Satoshi Nakamoto to the great innovators of all time. He’ll be up there with Gutenberg and Edison.
But he’ll also be up there with Martin Luther (minus the anti-Semitic parts), who started the Protestant Reformation.
Instead of the centralized power of the Catholic Church, Satoshi takes aim at the centralized power of banks.
Instead of the practice of selling indulgences, he has issues with modern-day indulgences, the fees charged by middlement.
And instead of accessibility to God being only in the hands of the clergy, he has issues with accessibility to control of money only in the hands of the State.
Today, we all “know” that Church and State should be separate. That’s thanks to Luther.
Tomorrow, we will all “know” that Money and State should be separate. That will be thanks to Satoshi.
And the people who already “know” that are the committed ones, because, just like the Reformers who saw the travesty of centralized power controlling access to the idea of God, they see the travesty of centralized power controlling access to money.
This isn’t a new phenomenon. I wrote about this nearly 5 years ago in Venture Beat about the Satoshi Roundtable and crypto’s millionaires.
And it’s not going to change.
Don’t underestimate crypto people.
https://venturebeat.com/commerce/what-you-may-not-understand-about-cryptos-millionaires/
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