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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jer979The Crypto Fork
Support jer979
jer979The Crypto Fork
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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I was reading Sam Bankman-Fried’s proposal for crypto regulation and, I will admit, my first reaction was “wow, it feels like this is an effort to use ‘regulation’ to build a moat around his businesses.”
I didn’t want to believe that, but a lot of the comments seemed to suggest the same
I have no idea how regulation and crypto co-exist, if ever, but imposing the existing system on crypto seems like the wrong way.
But this post isn’t about that.
It’s about the fact that many of the early wave of crypto entrepreneurs have now built successful businesses and, as Upton Sinclair said,
Now, SBF’s “salary” isn’t the issue. He’s probably set for multiple lifetimes, but his sense of purpose now is his business empire….so he’s naturally going to want to protect that.
I imagine he’s just the biggest example of that type of mentality.
Which leads me to the “crypto fork.”
There are those who made it in crypto and will want to protect that, naturally, even if it means abandoning the principles that are at the core of crypto.
They will fork with those who believe in what crypto stands for.
The road to the end state just got a bit windier.
I was reading Sam Bankman-Fried’s proposal for crypto regulation and, I will admit, my first reaction was “wow, it feels like this is an effort to use ‘regulation’ to build a moat around his businesses.”
I didn’t want to believe that, but a lot of the comments seemed to suggest the same
I have no idea how regulation and crypto co-exist, if ever, but imposing the existing system on crypto seems like the wrong way.
But this post isn’t about that.
It’s about the fact that many of the early wave of crypto entrepreneurs have now built successful businesses and, as Upton Sinclair said,
Now, SBF’s “salary” isn’t the issue. He’s probably set for multiple lifetimes, but his sense of purpose now is his business empire….so he’s naturally going to want to protect that.
I imagine he’s just the biggest example of that type of mentality.
Which leads me to the “crypto fork.”
There are those who made it in crypto and will want to protect that, naturally, even if it means abandoning the principles that are at the core of crypto.
They will fork with those who believe in what crypto stands for.
The road to the end state just got a bit windier.
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