Cofounder of Anode Labs. Bringing energy independence to every home.
1/ Wealth is a claim on other people's time
There are a lot of theories on what money is, on what wealth is.
Economists have written very long books on this. It is debt, it is the evolution of barter, it is an information system, etc, etc.
All of these are true... See more
Though it will require enormous upfront investment in the coming decade, laying a quilt of DERs over the nation’s distribution systems is the best thing we can possibly do to enable the rapid emission reductions we will need in the decade after.
Crypto mullet’s customers don’t think about wallets, tokens or crypto. Instead, they log in with their email addresses, pay with their credit cards and access the company’s services through a normal web browser/app. Crypto mullet’s back offices, however, are decentralized and governed using thoughtful tokenomics and encoded via smart contract. They... See more
In other words, crypto's use case is the one that it claims: decentralization. It's use case is to cut out middlemen, break up monopolies, and fight aggregators. It's certainly not the case that crypto is entirely useless.It may still be the case that crypto is "more bad than good", but the claim "after 13 years, there are still no use cases for... See more
Web 3 introduces a powerful new tool for bootstrapping networks: token incentives.The basic idea is: early on during the bootstrapping phase when network effects haven’t kicked in, provide users with financial utility via token rewards to make up for the lack of native utility.
The home page has nothing on it. I didn't want to join a startup which had only a textbox. [from a friend who was offered a role when Google had 15 employees]
Tesla’s cell constraints are likely to continue over the medium term. Because its most profitable use of cells is likely to be in electric vehicles, we do not expect Tesla’s energy storage business to drive enterprise value meaningfully during the next five years.