Alex Wittenberg

These being tail risks, there are countless definitionally unimaginable things that might happen. Perhaps the next global crisis won’t be such a boon for innovation. Unknown unknowns abound. 

“Composing a narrative and using a tool are not identical processes, but they have affinities,” Nye observed.

Aave’s treasury contains an overweight AAVE position that provides exposure to the future success and upside in the token price. However, the associated volatility and downside risks are not desirable. As such, Aave is exploring ways to reduce exposure to any meaningful deterioration in market conditions. 

New norms meant more work. Automatic washers and dryers raised our expectations for clean clothes and encouraged people to go out and buy new shirts and pants; housewives therefore had more loads of laundry to wash, dry, and fold. As one 1920s housewife wrote, of her new dusting and mopping and furniture-polish technology, “because we housewives of... See more

To this end, we have crafted an approach to DAO Design & Governance that we call “The Vibez Infinity Flow.” This approach seeks to place the human being at the center of DAO Design. More specifically, the Vibez Infinity Flow recognizes a primal reality that exists within each human being: the inner impulse toward Autonomy on the one hand, and... See more

Right now on AAVE, I can get 1.91% interest on my USDC if I supply it for other people to borrow. This is what we might consider the true yield on USDC right now, since it's based on what other people are willing to pay to borrow it.

On a work trip to Sweden a few years back, I experienced a micro-level version of the same idea in the form of the fika, the daily moment when everyone in a given workplace gets up from their desks to gather for coffee and cake. The event resembles a well-attended coffee break, except that Swedes are liable to become mildly offended—which is the... See more

Today, any startup can access an instruction manual for every aspect of marketing, sales, engineering, and even product strategy. For each playbook you follow, you’re outsourcing your strategy in return for jumpstarting the respective function.

Believing that everything will be better if only we gather more information commits us to endless searching and casting about, to one more swipe of the screen in the hope that the elusive bit of data, which will make everything clear, will suddenly present itself. From one angle, this is just another symptom of reducing our experience of the world... See more