Prelude: I stayed up last night writing because I needed to rant about the deluge of SBF content taking away from far more interesting (and important) content like Uniswap’s new fee. I woke up and the Chopping Block podcast scooped my hot take – and – as you might expect, they offered far more insight and insider information ;) Hopefully, this offers a unique if more idealistic portrait. I promise at least one extra take in there – TL;DR Uniswap Protocol should acquire Uniswap Labs and turn i...

Prelude: I stayed up last night writing because I needed to rant about the deluge of SBF content taking away from far more interesting (and important) content like Uniswap’s new fee. I woke up and the Chopping Block podcast scooped my hot take – and – as you might expect, they offered far more insight and insider information ;) Hopefully, this offers a unique if more idealistic portrait. I promise at least one extra take in there – TL;DR Uniswap Protocol should acquire Uniswap Labs and turn i...

TITLE: BITCOIN IS DEAD, LONG LIVE BITCOININTRODUCTIONIn the realm of digital currencies, Bitcoin has become the gold standard, commanding immense respect and a dedicated community. Still, depending on who you talk to, Bitcoin ranges from immaculate to wrecked. The following is a thought experiment that presupposes the truth lies somewhere in between and what we might do about that.CHAPTER 1: UNLEASHING THE POWER OF TAIL EMISSIONS: SOLVING THE TRANSACTION COST CHALLENGERemember the Blocksize W...

TITLE: BITCOIN IS DEAD, LONG LIVE BITCOININTRODUCTIONIn the realm of digital currencies, Bitcoin has become the gold standard, commanding immense respect and a dedicated community. Still, depending on who you talk to, Bitcoin ranges from immaculate to wrecked. The following is a thought experiment that presupposes the truth lies somewhere in between and what we might do about that.CHAPTER 1: UNLEASHING THE POWER OF TAIL EMISSIONS: SOLVING THE TRANSACTION COST CHALLENGERemember the Blocksize W...

Prelude:I found an old rant saved to my desktop - some late-night stream-of-consciousness voice-to-text garble. As an experiment, I dropped the rant into ChatGPT and asked it to be rewritten in the style of Aldous Huxley (rather randomly) with a Tweet and some bullet points at the start. I tweaked it a tiny tiny bit…ChatGPT version is here:Tweet:"In the realm of digital transformation, must we be confined by old paradigms? Crypto challenges norms, not just in finance but in how we perceive va...

Prelude:I found an old rant saved to my desktop - some late-night stream-of-consciousness voice-to-text garble. As an experiment, I dropped the rant into ChatGPT and asked it to be rewritten in the style of Aldous Huxley (rather randomly) with a Tweet and some bullet points at the start. I tweaked it a tiny tiny bit…ChatGPT version is here:Tweet:"In the realm of digital transformation, must we be confined by old paradigms? Crypto challenges norms, not just in finance but in how we perceive va...

No doubt, if you are working in crypto you’ve had to struggle explaining what you do. Have you found that you can’t explain your project (not product), without a red-pilling paradigm warping diatribe? We’ll see if this becomes a series, but if I am going to have to generate long-form content for a mid-week family email, I’m thinking maybe I just post it. “Does Cambrian Protocol seek to automate ("on-chain"), or at least automate more, the traditional gatekeepers of business (such as managers ...

No doubt, if you are working in crypto you’ve had to struggle explaining what you do. Have you found that you can’t explain your project (not product), without a red-pilling paradigm warping diatribe? We’ll see if this becomes a series, but if I am going to have to generate long-form content for a mid-week family email, I’m thinking maybe I just post it. “Does Cambrian Protocol seek to automate ("on-chain"), or at least automate more, the traditional gatekeepers of business (such as managers ...

My god the amount of froth and FUD around Web 3 these days! Literally as I typed this up two of the largest CT voices posted mic drop excellent pieces - Bankless and Li Jin (supporting the froth) and Packy McCormick (addressing the fud). Please understand that, while it looks like I am piling on, I started writing this before those came out. Alas, I’ve made some edits. I’ve “punched it up” a little. The goal of my piece was always to discuss how ownership is a dial for development. Now for yo...

My god the amount of froth and FUD around Web 3 these days! Literally as I typed this up two of the largest CT voices posted mic drop excellent pieces - Bankless and Li Jin (supporting the froth) and Packy McCormick (addressing the fud). Please understand that, while it looks like I am piling on, I started writing this before those came out. Alas, I’ve made some edits. I’ve “punched it up” a little. The goal of my piece was always to discuss how ownership is a dial for development. Now for yo...

I've got some nagging existential dread.CHATGPT SUMMARY:The author has a background in successful startups and discovered Bitcoin early on.They partnered with a technical co-founder to build a no-code composer for smart contract dApps focused on labor transactions.They aimed to create a community-driven platform where users could build their own dApps for different types of jobs, utilizing blockchain technology and incentivizing creativity and development through a DAO.The arrival of AI ...

I've got some nagging existential dread.CHATGPT SUMMARY:The author has a background in successful startups and discovered Bitcoin early on.They partnered with a technical co-founder to build a no-code composer for smart contract dApps focused on labor transactions.They aimed to create a community-driven platform where users could build their own dApps for different types of jobs, utilizing blockchain technology and incentivizing creativity and development through a DAO.The arrival of AI ...

Background In 2017, Ethereum powered a flood of Initial Coin Offerings or ICOs which combined to raise over $5B and completely revolutionize blockchain-based fundraising. By 2018, that number was $20B. Even amidst a myriad of caveats like:beware of scamswatch out for the SEClookout for projects building without investor-gated milestoneshere’s hoping you guessed right on the design of the tokenomics pre-launchif ICOs were all Ethereum ever did, it would be a remarkable innovation. I think I he...

Background In 2017, Ethereum powered a flood of Initial Coin Offerings or ICOs which combined to raise over $5B and completely revolutionize blockchain-based fundraising. By 2018, that number was $20B. Even amidst a myriad of caveats like:beware of scamswatch out for the SEClookout for projects building without investor-gated milestoneshere’s hoping you guessed right on the design of the tokenomics pre-launchif ICOs were all Ethereum ever did, it would be a remarkable innovation. I think I he...

Financialization of EverythingPREAMBLE: I wrote this before the launch of SKY so you will see terms like SubDAOs (now Stars) and not hear about SKY vs MKR, but it ALL HOLDS. -Midjourney Prompt: “People involved in a money fight. they are outside in the Garden of Eden but they are battling each other with weapons that shoot money” I fell asleep last night to a podcast where they were going deep on liquid staking and how Celestia’s staked TIA would imbue TIA with moneyness. It got me thinking t...

Financialization of EverythingPREAMBLE: I wrote this before the launch of SKY so you will see terms like SubDAOs (now Stars) and not hear about SKY vs MKR, but it ALL HOLDS. -Midjourney Prompt: “People involved in a money fight. they are outside in the Garden of Eden but they are battling each other with weapons that shoot money” I fell asleep last night to a podcast where they were going deep on liquid staking and how Celestia’s staked TIA would imbue TIA with moneyness. It got me thinking t...

This article was generated by CHATGPT4 and it’s actually solid. I read through it and added an epilogue.The gig economy has exploded in recent years, with more and more people choosing to work as freelancers and remote workers. However, the traditional systems of payment and contract management used in the freelance world have not kept up with this growth. Enter smart contracts and Web3, technologies that will revolutionize the way we work. Smart contracts are self-executing digital contracts...

This article was generated by CHATGPT4 and it’s actually solid. I read through it and added an epilogue.The gig economy has exploded in recent years, with more and more people choosing to work as freelancers and remote workers. However, the traditional systems of payment and contract management used in the freelance world have not kept up with this growth. Enter smart contracts and Web3, technologies that will revolutionize the way we work. Smart contracts are self-executing digital contracts...

CHORUS:As the world continues to transition to a digital age, new innovations are emerging that promise to transform the way we work and interact with one another. One such area is Web3, which encompasses decentralized technologies such as blockchains, smart contracts, and decentralized autonomous organizations (DAOs). In this post, I suggest how the Web3-enabled future of work could lead to the emergence of Prime Protocols.Verses:Prime DAOsPrime DAO, DAO of DAOs, coalition, association, DAO…...

CHORUS:As the world continues to transition to a digital age, new innovations are emerging that promise to transform the way we work and interact with one another. One such area is Web3, which encompasses decentralized technologies such as blockchains, smart contracts, and decentralized autonomous organizations (DAOs). In this post, I suggest how the Web3-enabled future of work could lead to the emergence of Prime Protocols.Verses:Prime DAOsPrime DAO, DAO of DAOs, coalition, association, DAO…...