King

In my view, the word “wallet” falls short in a few different ways. Wallets in the traditional sense are static objects — they don’t change or adapt over time. They also don’t necessarily accumulate in value; wallets are purely storage facilities for capital, which, in turn, makes NFTs feel like capital assets. And if we want to get really pedantic,... See more

Open Problems In Crypto by Balaji SrinivasanQuestions by Patrick CollisonRequests for Startups by YCombinatorOpen Questions by GwernWork on These Things by Tyler CowenProjects I Wish I had Time For by Luke MuehlhauserResearch Ideas by Alexey GuzeyIdeas by Sam Enright

demand for a product increases when the price of its complements decreases. In general, a company’s strategic interest is going to be to get the price of their complements as low as possible. The lowest theoretically sustainable price would be the “commodity price” — the price that arises when you have a bunch of competitors offering... See more

Clusters are powerful.