The future
Historically, currencies like the USD acted as abstraction layers, allowing us to translate the value of apples, houses, and stocks into a single universal language. Tokenization obliterates this framework. It makes anything exchangeable for anything else. Imagine swapping loyalty points for a stake in a music NFT or trading your onchain... See more
BTC: A relic of the past.
For almost 16 years now, Bitcoin has been the dominant cryptocurrency network despite thousands upon thousands of competitors and several forks. Anyone can copy it, but like copying Wikipedia or Ethernet or any of these other examples, those copies start with a nearly infinite disadvantage due to not sharing in the existing network effect.... See more
Lyn Alden • December 2024 Newsletter: The Rise of Digital Assets
America is the machine that builds the machines that builds the machines.
Packy McCormick • The Trump Bubble
Web4 noun (pronunciation: /wɛb fɔːr/)
- The fourth generation of the web, combining the social interactivity of Web2, the decentralized autonomy of Web3, and the intelligent capabilities of AI to create a fully interconnected digital ecosystem.
- The AGI web.
jeffy yu • Web4: We Are AGI
What is technology? It's
technique
. It's the way we all do things. And when you discover a new way to do things, its value is multiplied by all the people who use it. It is the proverbial fishing rod, rather than the fish. That's the difference between a startup and a restaurant or a barber shop. You fry eggs or cut hair one customer at a time.... See more
technique
. It's the way we all do things. And when you discover a new way to do things, its value is multiplied by all the people who use it. It is the proverbial fishing rod, rather than the fish. That's the difference between a startup and a restaurant or a barber shop. You fry eggs or cut hair one customer at a time.... See more
Paul Graham • How to Make Wealth
But even with the decentralized control of Web3, the internet still lacked a critical component: autonomous intelligence. Web3 may have decentralized the interactions made possible by Web2, but it didn’t fully automate decision-making, content creation, or economic interactions.
Humans are required at every step of the way, and machines are merely... See more
Humans are required at every step of the way, and machines are merely... See more
jeffy yu • Web4: We Are AGI
Today, crypto tokens are the latest protocol innovation to expose a disruptive new model. Just as BitTorrent allowed us to exchange packets of information instantly and without an intermediary, crypto tokens let us distribute value in the same way.
Jesse Walden • The Ownership Economy: Crypto & The Next Frontier of Consumer Software – Variant
The Ideological Investor does not abandon analysis but reorients it. Instead of treating geopolitics, technology, or culture as “externalities” to be hedged, they treat them as the primary drivers of value. This means integrating geopolitical intelligence into risk analysis, and treating AI not merely as an industry to bet on but as a structural... See more
The Fall of the Intelligent Investor and the Rise of the Ideological Investor
Asking “What problems do blockchains solve?” is like asking “What problems does steel solve over, say, wood?” You can make a building or railway out of either. But steel gave us taller buildings, stronger railways, and more ambitious public works at the outset of the Industrial Revolution. With blockchains we can create networks that are fairer,... See more