Decentralized protocols would make very interesting base layers and I’m particularly excited about web3 in the context of identity. Does crypto solve the problem of suboptimal defaults? Well, that’s a different question and I’m honestly not sure. Just because you have decentralized base layers doesn’t mean you won’t see centralization, aggregation... See more
Mothers have martyred themselves in their children’s names since the beginning of time. We have lived as if she who disappears the most, loves the most. We have been conditioned to prove our love by slowly ceasing to exist... What a terrible burden for children to bear—to know that they are the reason their mother stopped living. What a terrible... See more
There is no free lunch here. Things that are good for the network inflate the circulating supply, which may be bad for token holders. If you’re a token holder who operates in the network, that’s fine: you’re OK with dilution if it means a lower take on your economic activity. If you’re a purely financial investor, that’s not as great. The float of... See more
"We are optimists and believe there is hope on the other side of despair.... We need government, business and entrepreneurial intervention at scale (deployed logically and effectively) to get to the other side."