The future
- We believe the world is becoming more centrally managed than ever before, yet with growing unease and fragility in its interconnectedness alongside the meteoric rise of HPC-driven autonomous decision models - in money, but also in fundamental human rights. Therefore we must hedge against this artificial centralization by seeking a custody model out
Jeff Park • The Radical Portfolio Theory
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 credential... See more
BTC: A relic of the past.
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 t... See more
Humans are required at every step of the way, and machines are merely t... See more
jeffy yu • Web4: We Are AGI
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
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, mo... See more
Chris Dixon • 16 insights from New York Times bestseller Read Write Own - a16z crypto
There’s a two-sided bubble at play here, too. The Trump Administration is telling people that it will be easier to build, invest in, and accomplish big things, which is already making people more excited to build, invest in, and accomplish big things. The more energy and excitement there is behind what people are building, the easier it will be for... See more
Packy McCormick • The Trump Bubble
What you find here is that at a high level, highly resistant assets are by definition likely to share attributes of being decentralized, scarce, and timeless. This is the radical way we must imagine portfolio theory. We must live our lives within institutions for the most part (60%), but we also need to live our private lives away from such institu... See more
Jeff Park • The Radical Portfolio Theory
Right now, equities and crypto seem correlated, with many claiming both are risk-on assets driven by global liquidity. That’s wrong. Equities are a risk-on asset within the carry trade, fueled by global liquidity; Bitcoin, however, isn’t part of anyone’s carry trade—yet. And for good reason.
At its core, Bitcoin is the anti-carry trade asset. Its n... See more
At its core, Bitcoin is the anti-carry trade asset. Its n... See more