Today is the day that Radix presents RadFi2022, the most comprehensive and holistic vision for how Web3 achieves Satoshi’s vision and all of the values that are associated with it. One day, we’ll look back at this event and appreciate its historical significance. For now, tune in at 10am PST/1pm EST/1800 GMT.

Today is the day that Radix presents RadFi2022, the most comprehensive and holistic vision for how Web3 achieves Satoshi’s vision and all of the values that are associated with it. One day, we’ll look back at this event and appreciate its historical significance. For now, tune in at 10am PST/1pm EST/1800 GMT.

Tl;dr Paul Krugman fails to understand the true value of blockchain technology and its associated crypto assets. His article conflates centralized and decentralized entities, permissionless and permissioned blockchains, and fails to grasp the importance of digital tokens in providing security to distributed networks. His readers are going to pay the price. Nobel laureate and esteemed NYT columnist, Paul Krugman, had a column the other day entitled “Blockchains, What Are They Good For?” Krugma...

Tl;dr Paul Krugman fails to understand the true value of blockchain technology and its associated crypto assets. His article conflates centralized and decentralized entities, permissionless and permissioned blockchains, and fails to grasp the importance of digital tokens in providing security to distributed networks. His readers are going to pay the price. Nobel laureate and esteemed NYT columnist, Paul Krugman, had a column the other day entitled “Blockchains, What Are They Good For?” Krugma...

Tl;dr: Effectual reasoning is an entrepreneurial mindset which promotes the acceptance of unpredictability and trial-and-error approaches to business. It encourages entrepreneurs to approach challenges with a "ready, fire, aim" attitude rather than "ready, aim, aim, aim, aim." This helps them feel more comfortable A friend of mine sent me a paper by a UVA professor on what makes entrepreneurs entrepreneurial. Apparently, it’s something called “Effectual Reasoning” and the simplest way I can e...

Tl;dr: Effectual reasoning is an entrepreneurial mindset which promotes the acceptance of unpredictability and trial-and-error approaches to business. It encourages entrepreneurs to approach challenges with a "ready, fire, aim" attitude rather than "ready, aim, aim, aim, aim." This helps them feel more comfortable A friend of mine sent me a paper by a UVA professor on what makes entrepreneurs entrepreneurial. Apparently, it’s something called “Effectual Reasoning” and the simplest way I can e...

Tl;dr: AI tools are displacing human jobs and rewriting creative processes. We can either fight this or embrace it. I choose to embrace it. I’m not sure about other platforms, but my Twitter feed has been full of examples from people engaging with new AI tools, the biggest one being OpenAI.com They are remarkable. I’ve played around with the translations, QA bot, the TLDR bot, the interview question, the 5 key points summary bot, and many others. I’ve also started using Lex.page which is a fo...

Tl;dr: AI tools are displacing human jobs and rewriting creative processes. We can either fight this or embrace it. I choose to embrace it. I’m not sure about other platforms, but my Twitter feed has been full of examples from people engaging with new AI tools, the biggest one being OpenAI.com They are remarkable. I’ve played around with the translations, QA bot, the TLDR bot, the interview question, the 5 key points summary bot, and many others. I’ve also started using Lex.page which is a fo...

The FTX failure has reflected poorly on the crypto industry, but it’s really guilt by association. Aside from the fact that FTX/Alameda was trading in crypto tokens, there was nothing about the debacle that was inherently “crypto.” Crypto, when those committed to the cause say it, doesn’t mean currencies or even tokens, it means a set of principles and values aligning to things like individual responsibility, skepticism that centralized powers can remain focused on serving the needs of the ma...

The FTX failure has reflected poorly on the crypto industry, but it’s really guilt by association. Aside from the fact that FTX/Alameda was trading in crypto tokens, there was nothing about the debacle that was inherently “crypto.” Crypto, when those committed to the cause say it, doesn’t mean currencies or even tokens, it means a set of principles and values aligning to things like individual responsibility, skepticism that centralized powers can remain focused on serving the needs of the ma...

According to a recent article in the Wall Street Journal, entitled “Global Poor Lose Services as Developing Countries Face Higher Debt Payments”, theglobal goal of ending extreme poverty by the end of the decade is now effectively out of reach.And why is this? It’s because, to fight inflation in the US as a result of excessive money printing during the pandemic, the Federal Reserve has had to raise interest rates. This has a spillover effect onto the interest rates that poorer countries must ...

According to a recent article in the Wall Street Journal, entitled “Global Poor Lose Services as Developing Countries Face Higher Debt Payments”, theglobal goal of ending extreme poverty by the end of the decade is now effectively out of reach.And why is this? It’s because, to fight inflation in the US as a result of excessive money printing during the pandemic, the Federal Reserve has had to raise interest rates. This has a spillover effect onto the interest rates that poorer countries must ...

I was speaking with a friend the other day who is most definitely not a crypto person. But he made an interesting observation. “You know, it seems like every time that Bitcoin goes down, it settles at a level than was higher than the previous time. It certainly looks like it is here to stay.” I studied history in college and a lot of people used to ask me “what are you ever going to do with history?” The answer, I suppose, is see narratives that are repeating. When you study history, you have...

I was speaking with a friend the other day who is most definitely not a crypto person. But he made an interesting observation. “You know, it seems like every time that Bitcoin goes down, it settles at a level than was higher than the previous time. It certainly looks like it is here to stay.” I studied history in college and a lot of people used to ask me “what are you ever going to do with history?” The answer, I suppose, is see narratives that are repeating. When you study history, you have...

Well, isn’t this interesting.

Well, isn’t this interesting.

There’s a powerful 14 part documentary about the Civil Rights movement in the US called “Eyes on the Prize.” I remember watching it in high school. The other day, I was flipping through channels and I saw it, so ended up watching for a few moments. One of the things that was so difficult to watch was how the injustices of the era (e.g. segregation) were just so acceptable to every day people. My parents both grew up in segregated areas and they talk about how that was just “normal.” But it wa...

There’s a powerful 14 part documentary about the Civil Rights movement in the US called “Eyes on the Prize.” I remember watching it in high school. The other day, I was flipping through channels and I saw it, so ended up watching for a few moments. One of the things that was so difficult to watch was how the injustices of the era (e.g. segregation) were just so acceptable to every day people. My parents both grew up in segregated areas and they talk about how that was just “normal.” But it wa...

I placed a trade the other day in a traditional brokerage account. The next day, I went into move the cash. But the cash wasn’t there. Neither was the stock. This is the “T+2” problem of traditional finance. It used to be a “T+3” problem, but hey, there’s improvement. The T stands for “trade” and the +2 is the number of days after the trade when you actually can make use of your funds. You’d think it’s instant, but because there are many ledgers across many financial institutions that all nee...

I placed a trade the other day in a traditional brokerage account. The next day, I went into move the cash. But the cash wasn’t there. Neither was the stock. This is the “T+2” problem of traditional finance. It used to be a “T+3” problem, but hey, there’s improvement. The T stands for “trade” and the +2 is the number of days after the trade when you actually can make use of your funds. You’d think it’s instant, but because there are many ledgers across many financial institutions that all nee...

where the freedom fighters, the heroes, appear to be down on their luck and running out of the options. The forces of evil seem to have the upper hand and it’s looking pretty grim. That’s how it feels right now in crypto. Debacles, rumors of additional solvency issues, and cries for more regulation from Senators amidst fear mongering and an unwillingness to give up the reins of power, make it look like the deck is stacked and the game is up. Franz Kafka has an idea called “the Night Journey,”...

where the freedom fighters, the heroes, appear to be down on their luck and running out of the options. The forces of evil seem to have the upper hand and it’s looking pretty grim. That’s how it feels right now in crypto. Debacles, rumors of additional solvency issues, and cries for more regulation from Senators amidst fear mongering and an unwillingness to give up the reins of power, make it look like the deck is stacked and the game is up. Franz Kafka has an idea called “the Night Journey,”...

There was an Op-Ed in the Wall St. Journal on November 21st by a former governor of the Federal Reserve. It really worked me up. Since the letter to the editor that I wrote will never get published, here it is: All Kevin Warsh's Op-Ed "The U.S. Needs a Better Digital Dollar" did was serve to reinforce why the Federal Reserve can't be trusted to protect the interests of citizens. After all, it has overseen a 99% reduction in purchasing power since its creation. Warsh's arguments...

There was an Op-Ed in the Wall St. Journal on November 21st by a former governor of the Federal Reserve. It really worked me up. Since the letter to the editor that I wrote will never get published, here it is: All Kevin Warsh's Op-Ed "The U.S. Needs a Better Digital Dollar" did was serve to reinforce why the Federal Reserve can't be trusted to protect the interests of citizens. After all, it has overseen a 99% reduction in purchasing power since its creation. Warsh's arguments...