added by Jason Badeaux and · updated 2y ago
The Market for Promises
- Blockchains are not simply about money. The modern-day alchemists who minted Bitcoin and other digital assets have animated a generation of technologists to reimagine how the financial and commercial world operates. The vision that these technologists aim to bring to fruition is not just about payment systems and other financial instruments. Large ... See more
from The Rise of Decentralized Autonomous Organizations: Opportunities and Challenges · Stanford Journal of Blockchain Law & Policy by Aaron Wright
Alphatu added
- Blockchains have value at their core. They are money networks, and as such, they make for more efficient financial systems. They cut out intermediaries, improving speed and cost. They are permissionless and global, so that essential tools to grow savings and make payments and transfers, are at the hands of anyone with an internet connection, anywhe... See more
from ✊The Defiant's Definitive Guide to DeFi by The Defiant
Emilie Kormienko added
- Blockchain-based contraptions have a lot to offer the world that other kinds of systems do not. On the other hand, Nathan is completely correct to emphasize that blockchainized should not be equated with financialized. There is plenty of room for blockchain-based systems that do not look like money, and indeed we need more of them.
from On Nathan Schneider on the limits of cryptoeconomics by Vitalik Buterin
sari added
- Blockchain is an immutable, digital ledger that facilitates the process of recording transactions and tracking assets in a network; it is updated and shared across many computers in a network.
from Web3 Starter Pack by Jay Drain Jr
Emilie Kormienko added
- In the last decade, blockchain technology and crypto have been laying the foundations for an alternative reality in which humans interact and organise themselves without the mediation of a third party. Crypto currencies are a US$2T asset today and billions of dollars are being traded globally without the need of a bank or intermediary, with transac... See more
from The Future Of Loyalty Marketing Is Crypto Enabled by Anjali Kapoor
Xuanling11 added
- The answer to the first question is that blockchain commoditizes investments by making everything ownable and investable. It creates an abundance of things that can be owned. It also creates an abundance of various resources by making them easier to share. Finally, it creates an abundance of human engagement – the ability to incentivize people to a... See more
from Crypto and the Conservation of Centralization by Dror Poleg
sari added
- It's important to understand why even the most grandiose promises are "investable" at this stage (if inadvisable under US securities law). Tokens are issued on a blockchain, which creates, at minimum, the conditions for exchange, ownership and participation, as well as more advanced rules like scarcity of supply, consensus, reward mechanisms, and f... See more
from Market-Protocol Fit by Laura Lotti
sari added
Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
by Neel Mehta