Alex Wittenberg

Inflows should exceed outflows: Over the long-run, the returns of the treasury (inflows) should be greater than the spending rate (expenses/value of treasury) + inflation rate.

Here are a few predictions you might make if you buy the viability of this model:

Hermeneutics is the study of interpretation. It critically explores the methods we deploy to interpret texts of all sorts. It’s often associated specifically with the interpretation of religious texts or the modern tradition of philosophical hermeneutics. I’m using the term to suggest that the proliferation of media artifacts and the growing... See more

There are many ways to look at value of financial assets globally, but one thing is clear - the current $133bn sitting in Ethereum TVL (and $221bn sitting across ALL blockchains) pales in comparison to the total addressable market. One can take their own view on how much of these assets migrate to decentralized trustless blockchains, but the upside... See more

Bundling is a tailwind to sales conversations. Why pay $30 per employee per month for five different products ($150) if you can get a comparable offering in a single bundle for $50? And companies with smaller budgets can buy additional products that were out of reach as point solutions. This is one of the few true accumulating advantages in... See more

The qualities that make someone a dependable source of excitement are generally the opposite of those that make him or her a dependable source of stability. Seeking both in one real human isn’t much less absurd than dreaming of a partner who’s both six and five feet tall. 

The Tao Te Ching is full of images of suppleness and yielding: the wise man (the reader is constantly being informed) is like a tree that bends instead of breaking in the wind, or water that flows around obstacles in its path. Things just are the way they are, such metaphors suggest, no matter how vigorously you might wish they weren’t—and your... See more

Once loaded, it uses your webcam to track your body, eye, and mouth movements, then mirrors those with your Anata. So whatever you say, it looks like your Anata is saying it instead. In case that's ever not enough, there are exaggerated expressions you can use too, like fiery eyes or frustration. And if you want a little extra flex, you can also... See more

For the foreseeable future, the ongoing technological explosion will be driven by humans using previously invented tools to invent new ones; there won’t be a “last invention that man need ever make.” In one respect, this is reassuring, because, contrary to Good’s claim, human intelligence will never be “left far behind.” But, in the same way that... See more