Tekelala

1. UtilityThe utility is probably the most important factor in a crypto project’s tokenomics.Even if a token is deflationary, has the best price stability mechanisms, distribution, as well as a decentralized and highly efficient on-chain governance process, it won’t be worth too much if it is not used for anything.

Intel + MobileyeThis is the context for Intel’s acquisition. First off, yes, it is ridiculously expensive. The purchase price of $14.71 billion (once you back out Mobileye’s cash-on-hand) equates to an EBITDA multiple of 118; it helps that Intel is paying with overseas cash, which the company hasn’t paid taxes on. And second, I’ve long argued that... See more

Continuing on from the 90s: This movement fought the injustices of the US Government and their treatment of digital rights. It all began over a series of hacker raids that would spark a decade long skirmish between the cypherpunks and the government. With civil rights emerging victorious, the world was no longer 1992. Cryptography was removed from

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Nowadays, it is normal to design distributed systems in terms of microservices and even lamdas (or functions).

Takeaway: It’s good to involve the community, yet it is your project and vision at the end of the day.

I was reminded of the smiling curve while reading this excellent piece by David Carr in the New York Times about Facebook and publishers:For traditional publishers, the home page may soon become akin to the print edition — nice to have, but not the primary attraction. In the last few months, more than half the visitors to The New York Times have... See more