Market Design Masterclass ft. Scott Kominers
open.spotify.comSaved by Timour Kosters
Market Design Masterclass ft. Scott Kominers
I highly recommend reading the book, but wanted to take a stab at proposing some inflections that exist within crypto that have been top of mind for me.
The new existence of low cost global permissionless payment rails. For the first time you can now send or accept money from anyone on earth for fractions of a penny. With the improving UX of crypto ... See more
The new existence of low cost global permissionless payment rails. For the first time you can now send or accept money from anyone on earth for fractions of a penny. With the improving UX of crypto ... See more
Josh Cornelius • for the love of god zoom out
Ethereum enabled the creation of tokens - software based units of value that grants users ownership rights and even revenue streams.
economist.com • Chris Dixon and Packy McCormick on the Future of Crypto
Yet these two roles are in opposition to each other. A token needs to be exchangeable in order to be liquid. But the more liquid a token is, the less effective it can be as a pure signal of reputation.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
