Crypto isn’t worth anything because it has no “intrinsic value”. Almost no one applies this term consistently. It’s an amorphous term that vaguely takes on whatever shape you want that suits your priors. Let’s dissect what “intrinsic value” really means.

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.

There’s a well-known take that “AI is communist, crypto is libertarian”. hat it functionally means is these two technologies provide a symbiotic yin-yang to each other via their contrasting strengths. The tech equivalent of “unstoppable force meets immovable object”.

Just as there isn’t one price for commodities but a price at a point in time, the price for money can be viewed this way with the yield curve: future prices for dollars.

Technology has been progressively removing core elements of human communication. Cryptography and DeFi are bringing them back.

Markets have crashed while inflation and interest rates rose concurrently. When there's a bear market with rising rates and inflation, what has market recovery been like historically?

Where can we peg DeFi in the historic evolutionary process of business and warfare? And using warfare as a leading indicator, what can we expect for DeFi’s future generations?

We’re seeing first hand why inflation is a destructive force. However deflation can be even more harmful to an economy.

Why do we want info stored in a blockchain over a database? There are many differences between them, let's review their advantages.

Just like there are layer 1 and 2 blockchains, there are layers of money that act as building blocks for more money.