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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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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jer979SBF vs. Voorhees
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jer979SBF vs. Voorhees
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Personally, I knew it was over before it even began.
Erik is a trained debater and extremely articulate. Plus, he’s been studying the issue of crypto regulation for years, so the actual YouTube discussion between them, while illuminating, is probably a big one-sided.
But in the midst of the hullaballoo around the debate, I think it’s worth reading Erik’s post in response to SBF’s original post.
This is one of the key points:
But it would be so much easier if the blockchains themselves would block illicit funds, wouldn’t it?
That, my friends, is the road to ruin. That is the road to tyranny, ubiquitous surveillance, and the worst dystopian, Orwellian financial system that could be dreamed up. That is the road that every CBDC will take. Crypto—true crypto— must be different, or it has no reason to exist. Immutability at the base layer is the raison d’être.
In all of the discussion about regulation, what people don’t seem to get is that, the very rails that connect people with each other must, at their core, be free.
Otherwise, who watches the watchers?
At the end of the day, and what gives me motivation, excitement and purpose is where Erik ends up:
Defi is the shining city on the hill.
It is the frontier of finance. Everything good and beautiful about crypto has been a step in this direction: an open, borderless, immutable economic foundation for the world.
If defi does not swell your heart with joy, hope and inspiration, you are missing something.
This is what crypto is all about.
Personally, I knew it was over before it even began.
Erik is a trained debater and extremely articulate. Plus, he’s been studying the issue of crypto regulation for years, so the actual YouTube discussion between them, while illuminating, is probably a big one-sided.
But in the midst of the hullaballoo around the debate, I think it’s worth reading Erik’s post in response to SBF’s original post.
This is one of the key points:
But it would be so much easier if the blockchains themselves would block illicit funds, wouldn’t it?
That, my friends, is the road to ruin. That is the road to tyranny, ubiquitous surveillance, and the worst dystopian, Orwellian financial system that could be dreamed up. That is the road that every CBDC will take. Crypto—true crypto— must be different, or it has no reason to exist. Immutability at the base layer is the raison d’être.
In all of the discussion about regulation, what people don’t seem to get is that, the very rails that connect people with each other must, at their core, be free.
Otherwise, who watches the watchers?
At the end of the day, and what gives me motivation, excitement and purpose is where Erik ends up:
Defi is the shining city on the hill.
It is the frontier of finance. Everything good and beautiful about crypto has been a step in this direction: an open, borderless, immutable economic foundation for the world.
If defi does not swell your heart with joy, hope and inspiration, you are missing something.
This is what crypto is all about.
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