As Nobel-laureate Robert Shiller observes: “Gold is a bubble, but it’s always been a bubble. It has some industrial uses, but basically it’s like a fad that’s lasted thousands of years.” This is not an argument against gold (or Bitcoin) as a valuable monetary asset, but an astute insight into the bubble-like, reflexive nature of money.
When people express unusual beliefs that are at odds with conventional opinion, like defunding the police or downplaying hard work, or using peculiar vocabulary, often what they are really saying is, “I was educated at a top university” or “I have the means and time to acquire these esoteric ideas.”
Don’t live in with one foot in an imagined world, ungrateful for the life that you created. We flourish when we stop fantasizing about the unlived life and accept the one we’re in.
Building a product is like making a song. The band is composed of marketing, sales, engineering, support, manufacturing, PR, legal. And the product manager is the producer—making sure everyone knows the melody, that nobody is out of tune and everyone is doing their part. They’re the only person who can see and hear how all the pieces are coming tog... See more
-Network Valuation: While some have proposed equations for valuation of protocol tokens, each token is unique and needs to have specific analysis done to evaluate it.