Devin Baker
@devin
Devin Baker
Once there’s trust, infrastructure, and liquidity, the market always finds a way to extract productive value, even from assets originally meant just to preserve it.
The moment a store of value is secure enough to be trusted, it becomes too valuable to remain idle. It becomes a productive asset. It starts generating yield.
The moment a store of value is secure enough to be trusted, it becomes too valuable to remain idle. It becomes a productive asset. It starts generating yield.
BTCFi on Sui: Turning Bitcoin Into Programmable, Productive Capital
Web3 and
Increasingly infrastructure will trade at revenue multiples, and consumer tokens will trade at much more valuable memetic multiples.
Josh Cornelius • it's a beautiful day to believe in something
- Incentives – Imagine an L2 that’s printing tokens crazy, and they’re giving them away to users and apps to come to their chain. They have super high REV as a result. It is fair to argue that this level of REV is likely unsustainable – if and when they need to stop printing money, then it is likely that application and user activity will die down.
Jon Charbonneau • L1 & L2 Token Value Capture - DBA
Hayek's article argues against the establishment of a Central Pricing Board (advocated by Lange) by highlighting the dynamic and organic nature of market price-fluctuations, and the benefits of this phenomenon.[4] He asserts that a centrally planned economy could never match the efficiency of the open market because what is known by a single agent... See more
The Use of Knowledge in Society - Wikipedia
Analogizing the current era in tech with the recent, software-dominated era is a mistake.
A much better analogy would be the Second Industrial Revolution in America, the Gilded Age when entrepreneurs built businesses using every new technological tool at their disposal to pull humanity to a new level of prosperity and became unbelievably rich in... See more
A much better analogy would be the Second Industrial Revolution in America, the Gilded Age when entrepreneurs built businesses using every new technological tool at their disposal to pull humanity to a new level of prosperity and became unbelievably rich in... See more
Better Tools, Bigger Companies
“People like us do things like this” is the definition of culture
Building blocks of marketing
The defining characteristics of Web3 are decentralization, ownership, trustlessness, and the use of cryptocurrencies. Web3 enables users to own their data, digital assets, and even the governance of platforms via blockchain-based systems. It also eliminates the need for intermediaries, allowing for trustless transactions conducted through smart... See more
jeffy yu • Web4: We Are AGI
The future and Web3
As unpredictable as it is, this is a revolutionary time. One in which you can make the world fit you, instead of trying to fit into the world. People will always get up on stages and sit behind desks to tell you how things are. But they will never be able to tell you how things can be. That part’s on you to determine.
bobbyhundreds • Graduation.
Conversely, Bittensor is a digital economy that is decentrally planned. Every TAO holder acts as a market participant by choosing which subnets to stake their TAO in. These staking decisions serve as "votes" pushing new TAO emissions to the most valuable projects. By harnessing market forces rather than top-down directives, Bittensor creates a... See more
RJ@BaznoCap • X. It’s what’s happening
Web3 and