sari

The Fed signaled that it will keep interest rates near zero at least through 2023

A token can acquire a user, but it can’t retain them—for that, users have to collectively decide that the project and the token are actually worth something to them practically, socially, and emotionally.

you can have a huge fire going but you won't be able to light up a cigarette (not a thread)

Experts estimate there’s a 3:1 ratio of kids needing care to kids in care. The highest quality options often have waitlists of a year or more. This lack of supply primarily impacts women, and specifically those with low incomes, single parents, and people of color.

The implications are exciting—and troubling. In the early stages of a startup, a company lives and dies on a daily basis. So much can go wrong, and if you don’t have a team that is long-term focused, it can be easy to get distracted. A company being liquid on day one is only good for those looking to sell.  

The example brings up an important point: crypto companies don’t have to, and generally shouldn’t, be a DAO from day one. They can evolve. Unlike The DAO, which launched from day one as a DAO, both Uniswap and SushiSwap are going through what Variant Fund’s Jesse Walden coined “Progressive Decentralization.”

One of the beautiful things about decentralized protocols is that their code, smart contracts, and transaction histories are out in the open for anyone to see, audit, and even copy. That openness acts as a check and balance; it incentivizes good behavior and protocol optimization, because if enough people disagree with the way the team behind a... See more