sari

The long and short of it is that now, there’s a direct link between the token price and network volume. More volume creates more demand for the token. As the network grows, there will be more fees to buy more tokens from the open market.

You don't need a new idea You need the time and resources to stick with the last new idea long enough for it to see some results https://t.co/v7cpg7XcDL

How does this technology encourage me to allocate my time?

I’m also proud of the companies I backed that might not have had the greatest financial return, but were culturally relevant. For example, I wrote the first and second check into Venmo – and then I got my dad to write the third check because no one would give them money. The financial return was fine, but it was a great cultural investment.

Late last year, Netflix CEO Reed Hastings said their biggest competition was sleep. That’s a pretty grim statement, joke or not. Biology is always such a nuisance for business.

Collapse in institutional trust: Whether you’re here as a missionary or a mercenary, you’ll find that one of the primary unifying forces behind this movement is the belief that decentralized technologies with embedded financial incentives (a good shorthand for Web3) offer a compelling, often lucrative, alternative to our decaying legacy... See more