Alex Wittenberg

When a DAO is evaluating new working groups, there’s one sound principle to keep in mind: form follows function. Each working group should be granted only enough power to achieve their established objective and key results.

Achieve alignment — getting all stakeholders to agree on a subject.

If the Fed jacks up interest rates, growth assets could tank short-term. Ham-fisted crypto regulation is a legitimate concern. Markets never go straight up. Even though global equities and the Nasdaq have compounded at a roughly 10.5% CAGR and ended up and to the right, there were a lot of bumps along the way. Please don’t mortgage your house and... See more

The problem of distraction can just as well be framed as a problem of loneliness. Sometimes we turn thoughtlessly to our devices for mere distraction, something to help us pass the time or break up the monotony of the day, although the heightened frequency with which we may do so may certainly suggests the signs of compulsive behavior. Perhaps it... See more

Stablecoin payments are necessary for cost of living, taxes

So much for the fat protocol thesis, we might say. The platforms of web3 start to look a lot like the p2p platforms of web2 and web1: the Pipes, the Airbnbs, the Ebays that win markets by capturing liquidity for rare, non-fungible items and services, their strong liquidity moat giving them strong commissions.

Stepping back, though we should probably ask where all these ad budgets are coming from, and, more importantly, where the growth for internet advertising will come from next. The obvious answer is television: print is mostly already gone, but ‘TV’ viewing is now finally unlocking, with US pay TV subscriptions now down by over a third 

Constraining funding too much will likely constrain the ability to attract quality contributors. A DAO should strive to create a culture where talent and performance is rewarded.

In special cases where many transactions require synchronous signing, a working group may opt for a lower threshold