For this digital, embedded, and decentralized world to reach its full potential, there are meaningful problems to be solved. We must be able to establish identity, at point of transaction and over time, even if pseudonymous. We must have real time and persistent credit risk management, for people, businesses and for specific obligations between and... See more
Countries are viewing crypto as a risk to the government or an opportunityIndia is proposing a ban on private crypto wallets while El Salvador is recognizing Bitcoin as a legal tender-The lowest tax rate is the tax rate, exit power is becoming more affordable-Sahil believes the progress of the internet will make it virtually impossible for there to... See more
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Creating DAOs that improve human organizational capabilities is an ambitious goal and we are just scratching the surface. Most “DAOs” today are at best aspirational and at worst completely faking it.
Convenience is important, but at a certain point, more convenience does not mean better experience. So, don’t chase real-time delivery or 24x7 customer service, focus instead on solving the customer’s most urgent pain points across the purchase journey.
How it’s going: Now, in the most extreme instances, GME and AMC for example, stocks are gambling tokens or crowd attention barometers and have almost no relationship to the underlying company or business. Valuation is totally irrelevant to the bull thesis and overvaluation attracts shorts that fuel further rallies. Discount rate matters but not muc... See more