Ethereum will be the new government bond.
Staked ETH, or PoS asset of a dominant blockchain, will replace US Treasuries as the risk-free asset in any portfolio.
This shall be the biggest revolution in the history of financial markets.
Here’s how I think it’ll go down 👇
There will always be too much to do – and this realisation is liberating. Today more than ever, there’s just no reason to assume any fit between the demands on your time – all the things you would like to do, or feel you ought to do – and the amount of time available. Thanks to capitalism, technology and human ambition, these demands keep increasin... See more
My conjecture around personal fitness is that maybe not enough people like to talk about it. Personal nutrition and weight gain/loss end up being private topics, rather than ones you’d typically share with strangers
Even if participants don't explicitly capture a system, governance may still create unintended side effects. For example, formal governance systems can encourage action versus inaction, even when inaction is superior.
Bret Victor: email (9/3/04)Interface matters to me more than anything else, and it always has. I just never realized that. I've spent a lot of time over the years desperately trying to think of a "thing" to change the world. I now know why the search was fruitless -- things don't change the world. People change the world by using things. The focus ... See more