A common lament on Internet forums is how a particular token/blockchain is “undervalued”. What is this this based on? What does it mean? Let me assure you, at this point, no one really knows. The vast majority of the notion is simply emotional responses based on little analysis, technical or otherwise. As I have done […]
Read more "The Question of Valuing Blockchains (How do to *what*?!) #defi #dopefi"A story in two pictures. A quick cautionary tale about Decentralized Finance (DeFi #dopefi). I had put some 1Inch and renDGB in a swap pool on 1Inch in order to take advantage of some staking rewards. Over the month or so the pool was being promoted, it got the rewards listed as advertised (about 50% […]
Read more "Why Ethereum (ETH) is Unusable at $4,000+"Recursion: It’s a Helluva Drug Let’s walk through the progression real quick. The world may never catch up to this, but here’s the state of things. The “blockchain” is a killer app. It is a concept, when implemented in “application” form, that absolutely destroy (“kills”) the technology is meant to update. That “technology” is the […]
Read more "The Killer App of Killer Apps of Killer Apps of Killer Apps"When it costs 5x to get your rewards as they’re worth, what is your liquidity? So fellow humans, you are holding ETH. Congrats! People are starting to realize what ETH is capable of (most people’s money isn’t Turing Complete….tulips certainly never were) and people are getting excited about it. Now…here’s a challenge: You’ve invested about […]
Read more "ETH at ATH: What does this do to DeFi?"A long time ago, someone created money. We don’t know who it was, but it’s easy to assume someone else took credit for it. It was a good idea at the time, and it made a lot people very happy. No longer did one have to try and trade chickens for shoes and cows for […]
Read more "Money To Now"This is a response to this article here…. Even though Coinbase’s revenue surged over the past 12 months, the company has little to no chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion. Let’s be clear from the get-go, I think $100,000,000,000 is a baseline […]
Read more "Coinbase valuation should *start* at $100,000,000,000"Election 2020Where “we” standCOVIDBacklog 2020
Read more "Escaping Dystopia: December 28, 2020: Episode 113: That Was Weird 2020 Recap"October 25, 2020: Episode 112: Nine Days and Nine Points Talking Spaceship Earth Donald and Covid The Media and Our Divide Donald’s Results …and then some 20/20 on the Debates and where the election stands with 9 days to go.
Read more "Escaping Dystopia: October 25, 2020: Episode 112: Nine Days and Nine Points"Lots more stuff….Spaceship Earth, RBG, Election 2020, Proposition 115, the global economy, COVID… Let’s go..
Read more "Escaping Dystopia: Episode 111: September 27, 2020: 37 Days Until the Votes Being Cast Are Counted"Lots of stuff I’ll update later, hopefully. Original here.
Read more "Escaping Dystopia: Episode 110: August 21, 2020: 72 More DayYears To Election"