sari

Where are we going? Money online has largely failed to stand up to our needs as Internet humans. It does not feel engaging. It does not unite communities. It is not social.

People fear nothingness. However in zen, we are taught to value emptiness as a source of potential and creativity. Think of it as an empty garden or an empty canvas. We have to let go to be empty, and it is in that emptiness where we can start cultivating again.

Yet in the US$32 billion industry for financial data, Bloomberg is the dominant player, with a third of the market. Its position has become even more entrenched over the past ten years, as those around it have lost market share.

So what’s the solution?

DAOs have at least three distinct advantages over traditional organizations: (i) speed of capital formation (ii) voting is transparent and easily executed, and most importantly, (ii) they mitigate the trust requirement around jointly-owned assets.

"A very significant part of my philosophy has to do with managing your psychology. Markets are about the psychology of others. When are they panicking? When are they greedy? But you have those same flaws or those same potential flaws, and managing your portfolio in a way that doesn't leave you where you're panicking or overexposed to greed. If you... See more

Consumers have different expectations. Clients like MetaMask were built with developers in mind. That made sense given crypto's origins, but as less technical consumers start to dabble in web3, a higher premium is being placed on design.