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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jer979KKR on the Blockchain?
Support jer979
jer979KKR on the Blockchain?
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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There was an article in the WSJ the other day, KKR Widens Access to Fund on Blockchain
I can’t tell if this is a big deal or not because the article doesn’t make it clear.
First of all, it says that KKR is making its funds “available on the public blockchain.”
Uh, “THE” public blockchain? Aren’t there hundreds, if not thousands, of them. Which one?
Then, it says they are using Securitize to manage their back-end, but it’s not clear if Securitize uses a proprietary blockchain or a truly public one.
So this could really be a story that reads “KKR deploys more efficient database,” which isn’t really newsworthy.
Or it could be, the tokens are live on a public blockchain and freely tradable (but not really since they are only available to ‘qualified investors,’ which are ppl who have more than $5mm in liquid assets.)
I suspect we are going to see a lot more of these types of articles, like the one about Starbucks’ venture into “Web3.”
There’s going to be a lot of confusion about the difference between “using a blockchain” and “using a public blockchain.”
Big companies will use a blockchain. Radical innovation will happen on the public blockchain.
As Julien said,
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">People in the web industry who dismiss crypto/web3 are doing the same mistake the Microsoft people did in the late 90'and early 2000.<br><br>They're looking at a point, while missing the trajectory and the destination.</p>— Jᵾlien Genestoux (@julien51) <a href="https://twitter.com/julien51/status/1570383649035685889?ref_src=twsrc%5Etfw">September 15, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
There was an article in the WSJ the other day, KKR Widens Access to Fund on Blockchain
I can’t tell if this is a big deal or not because the article doesn’t make it clear.
First of all, it says that KKR is making its funds “available on the public blockchain.”
Uh, “THE” public blockchain? Aren’t there hundreds, if not thousands, of them. Which one?
Then, it says they are using Securitize to manage their back-end, but it’s not clear if Securitize uses a proprietary blockchain or a truly public one.
So this could really be a story that reads “KKR deploys more efficient database,” which isn’t really newsworthy.
Or it could be, the tokens are live on a public blockchain and freely tradable (but not really since they are only available to ‘qualified investors,’ which are ppl who have more than $5mm in liquid assets.)
I suspect we are going to see a lot more of these types of articles, like the one about Starbucks’ venture into “Web3.”
There’s going to be a lot of confusion about the difference between “using a blockchain” and “using a public blockchain.”
Big companies will use a blockchain. Radical innovation will happen on the public blockchain.
As Julien said,
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">People in the web industry who dismiss crypto/web3 are doing the same mistake the Microsoft people did in the late 90'and early 2000.<br><br>They're looking at a point, while missing the trajectory and the destination.</p>— Jᵾlien Genestoux (@julien51) <a href="https://twitter.com/julien51/status/1570383649035685889?ref_src=twsrc%5Etfw">September 15, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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