Devin Baker

In a luxury media landscape, the traditional roles of creator, curator, and consumer are being redefined. Artists are not just creators but are now stewards of cultural communities, leveraging their individual legitimacy to direct communal conversations and brands. In the Age of Average, where mediocre content is abundant, creators become artisans... See more

• Example 1 – We all agree that a token is worth $1bn based on the potential income from earning it. However, they have some weird really high issuance, and you live in a place where that would create a huge tax burden. You probably won’t buy the token, but someone living in a jurisdiction that doesn’t tax their issuance rewards should be willing to

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Anxiety is the mind refusing to be consoled and nourished either by the body itself, or the beauty of the world that this body inhabits

If you asked me what the function of humans is after AGI, It is to handle the transcendent with this same fine disregard for the rules. To look at what is great and what serves us, to play with it, to riff on it, to hold it loosely, and to orient towards it in a way that lets us co-create with it.

Christ was a carpenter before he was a teacher.... See more

When bitcoin is in a deep bear market, its market capitalization has historically dipped a bit below its on-chain cost basis. When bitcoin is near or below its cost basis, that has historically been an excellent buying opportunity, and in the past I’ve pounded the table on it when it reached those levels. There’s no guarantee it’ll reach those lows... See more

As noted above, we also assumed 100% token ownership so as to isolate the asset’s ability to generate income vs. its utility value as a currency. However, an alternative scenario to consider would be if there remained a subset of holders who own the token and keep it un-staked , perhaps even paying inflation to token stakers. This should only occur... See more