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"