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.
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.
stETH has had a persistent discount to ETH, yet it's backed 1:1 and pays a dividend. Inefficient market or justified? This is a framework for thinking about it.
