Ethereum is the most important infrastructure in the world: both for what it is and what it can be. And it will never be enough. There must be other layer 1s.

“Companies get the shareholders they deserve”. What management and the board emphasize and cater to is responsible for the type of person the company attracts as investors. This applies equally to DeFi projects and their tokenholders.

The Fed: Part 1 covered the psychological priming of the Fed and why QE isn’t money printing, but a headline-grabbing manipulation. So what happens to bonds after they're swapped on the Fed's balance sheet? They're sent to the graveyard.

ChatGPT and LLMs just commoditized the complement of data: software. This increases the value of data, but mainly drives value accrual to the new scarce complement: semiconductors.

Generations of warfare and business correlate closely, however there is a lag between them. War is roughly one cycle ahead. I believe this makes it an excellent proxy not just for business, but also DeFi.

A counterculture is blowback. It's intentionally offensive to establishment beliefs. Find it repellent? Good, it’s meant to gatekeep you.

Decentralization is a journey and a spectrum. RDRS defines that spectrum for DeFi’s collective clarity, direction, and objectives.

Crypto Market Wizards is a series of interviews with sophisticated DeFi traders. We discuss their background, strategies, and other interesting topics that made them successful.

The objective of this series and a huge point of contention with me is who gets the blame for the debasement of the dollar. Recognize where power exists: become a Fed disrespecter

Generations of warfare and business correlate closely. However there is a lag between them, war is roughly one cycle ahead. War adapts quickly to advancements in strategy, making it an informative leading indicator in domains that are adversarial and competitive. I believe this makes it an excellent proxy for DeFi.