ReFi is a beautiful idea – a re-imagining of the financial system using the tools humanity now has at its disposal to better account for the needs of all stakeholders, current and future. It puts a price on externalities, charging those who create negative externalities and rewarding those who create positive externalities.
At events like last week’s PactDAO panel, there is a noticeably differentiated and nuanced conversation happening. Between the polarized cheerleading from crypto maximalists and the straw-manning from leftist tech skeptics, there is a cautious yet optimistic embrace of crypto as a frontier for constructive experiments, with plenty of design space... See more
The power of agency is, in practice, the power to build: to direct our intelligence toward the work of understanding the world and adapting it to our needs. It’s how we impose a purposeful order on nature’s chaos.