101'sWhat is a Network State | Part 2
WhyBasically, the world is turning into a shitstorm, of democracies turning into authoritarian regimes & authoritarian regimes turning into full big-brother mode on steroids.However, it’s more politely put explained in Bilaji’s theories as American Anarchy & Chinese Control.TLDR;US goes into civil warChina x10 the surveillance and control via their digital currency.Disaster Girl MemeSo what’s the main difference?The logical question is now, what’s the difference between a nation-state & a net...
101'sIncentive Design | Part 1
Why are things designed in a certain way, basically so we can take the predetermined paths that benefit both the person & the final product. This includes how the paths are shown & followed usually decided by good & bad behaviour rewards. So, what drives people to act in certain ways, rewards; as humans we tend to run away from pain & towards what brings us pleasure, on most occasions anyway. Unless you’re a gamer in which case you’ll get crushed by the same boss for hours for a tiny release ...
101'sWhat is a Network State | Part 1
Network states & crypto states … I first came across these terms a while ago whilst contributing at Status, I never gave it much thought until recently as tensions across the world escalate, privacy shrinks, authoritarianism increases and I’m slowly but surely noticing more & more that nation-states are constantly fighting to compete for the monopoly on violence. Network states & crypto states are the new or at least new to me buzzwords being thrown around in the blockchain/web3 space, howeve...
Rule 1 of writing, never proof read & hope for the best 🌟
101'sWhat is a Network State | Part 2
WhyBasically, the world is turning into a shitstorm, of democracies turning into authoritarian regimes & authoritarian regimes turning into full big-brother mode on steroids.However, it’s more politely put explained in Bilaji’s theories as American Anarchy & Chinese Control.TLDR;US goes into civil warChina x10 the surveillance and control via their digital currency.Disaster Girl MemeSo what’s the main difference?The logical question is now, what’s the difference between a nation-state & a net...
101'sIncentive Design | Part 1
Why are things designed in a certain way, basically so we can take the predetermined paths that benefit both the person & the final product. This includes how the paths are shown & followed usually decided by good & bad behaviour rewards. So, what drives people to act in certain ways, rewards; as humans we tend to run away from pain & towards what brings us pleasure, on most occasions anyway. Unless you’re a gamer in which case you’ll get crushed by the same boss for hours for a tiny release ...
101'sWhat is a Network State | Part 1
Network states & crypto states … I first came across these terms a while ago whilst contributing at Status, I never gave it much thought until recently as tensions across the world escalate, privacy shrinks, authoritarianism increases and I’m slowly but surely noticing more & more that nation-states are constantly fighting to compete for the monopoly on violence. Network states & crypto states are the new or at least new to me buzzwords being thrown around in the blockchain/web3 space, howeve...
Rule 1 of writing, never proof read & hope for the best 🌟
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Yes the market has tumbled, why? A lot of reasons, but mainly greed which led to a lot of people, as well as large CEFI projects and VC’s leveraging huge amounts & then getting liquidated.
I am not a financial advisor so take this with a pinch of salt and DYOR, but I’ll share some of my thoughts on how to get through these challenging times.
The way I see it, there are a bunch of ways you can see this bear market. However I like to simplify it in order to stay sane and continue to work in the space, so I’ve simplified what I'm thinking into three separate viewpoints:
Watch the news, constantly, 24/7
Check your portfolio every 5 minutes
Build up the fear inside of you
Sell it all for a loss
Tell everyone it’s a scam
The easiest way is to DCA (dollar cost average), set these up as direct debits, standing orders or set a reminder (calendar, phone or train your dog to recognise payday & remind you to buy more magic internet money)
Get a hobby, to keep you occupied & distracted from the price volatility
Delete crypto price apps, to keep you sane & mentally healthy
Or… change the denominated currency to your chosen asset … ie. I buy mainly ETH so everything shows as the value in ETH, that way you’re focused on accumulating.
1 ETH = 1 ETH
1 BTC = 1 BTC
Do all of the above including:
Get excited, now is the time that people who believe in the technology & values really show who they are
Get ready for the “I told you so“ & “It was all a scam“ … There will be a lot of them, just smile & nod/wave.
If you’re wanting to get involved in the space:
Join DAO’s, learn more, grow your network, use your skills to help other people, communities & projects
Contribute to open-source projects, get some more experience/exposure
Join a web3 company, people who follow the hype will drop off, meaning instead of being 1/1000 applicants you’ll be 1/100 applicants, so you have so much more chance to land the role that you’re after.
DCA, keep stacking those money legos
As for me, I’ll be doing the latter, DCA’ing into magic internet money, learning & getting involved in a few DAO’s.
See you on the other side 👋
Yes the market has tumbled, why? A lot of reasons, but mainly greed which led to a lot of people, as well as large CEFI projects and VC’s leveraging huge amounts & then getting liquidated.
I am not a financial advisor so take this with a pinch of salt and DYOR, but I’ll share some of my thoughts on how to get through these challenging times.
The way I see it, there are a bunch of ways you can see this bear market. However I like to simplify it in order to stay sane and continue to work in the space, so I’ve simplified what I'm thinking into three separate viewpoints:
Watch the news, constantly, 24/7
Check your portfolio every 5 minutes
Build up the fear inside of you
Sell it all for a loss
Tell everyone it’s a scam
The easiest way is to DCA (dollar cost average), set these up as direct debits, standing orders or set a reminder (calendar, phone or train your dog to recognise payday & remind you to buy more magic internet money)
Get a hobby, to keep you occupied & distracted from the price volatility
Delete crypto price apps, to keep you sane & mentally healthy
Or… change the denominated currency to your chosen asset … ie. I buy mainly ETH so everything shows as the value in ETH, that way you’re focused on accumulating.
1 ETH = 1 ETH
1 BTC = 1 BTC
Do all of the above including:
Get excited, now is the time that people who believe in the technology & values really show who they are
Get ready for the “I told you so“ & “It was all a scam“ … There will be a lot of them, just smile & nod/wave.
If you’re wanting to get involved in the space:
Join DAO’s, learn more, grow your network, use your skills to help other people, communities & projects
Contribute to open-source projects, get some more experience/exposure
Join a web3 company, people who follow the hype will drop off, meaning instead of being 1/1000 applicants you’ll be 1/100 applicants, so you have so much more chance to land the role that you’re after.
DCA, keep stacking those money legos
As for me, I’ll be doing the latter, DCA’ing into magic internet money, learning & getting involved in a few DAO’s.
See you on the other side 👋
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