We can write a whole encyclopedia on the fallacies in the #crypto market!
SHAH retweeted
Most companies suck at solving problems
So they pay McKinsey $500K+ to do it for them
Here’s their 7-step problem-solving framework (for free):
(1/5) #Tokenomics is usually perceived as an endeavor about how many tokens to create under what circumstances and pricing. I would suggest it’s better to call this token “accounting” or sometimes token “finance,” but not token “economics.”
(4/5) And when it comes to tokens with financial aspects, we might be able to call the token a “financial tool” within a “financial procedure.”
SHAH retweeted
If you are feeling bearish just listen to this @bankless podcast with Marc and Chris from a16z
Impossible to listen to this and not be bullish
youtube.com/watch?v=RXHITeaG…
SHAH retweeted
Replying to @sariazout
@sariazout and I had so much fun talking to @skominers on "Tokens, But How?" Scott is a professor at Harvard Business School and as of recently a member of @a16z's crypto research team.
We pressed Scott on how builders might implement some of his research - highlights below!
Valuation = dealing with uncertainties + telling compelling stories
There is no "right" valuation. There is only less wrong ones.
blogs.cfainstitute.org/inves…
SHAH retweeted
According to Vitalik, Soulbound tokens (SBTs) are “the future” of Ethereum.
Earlier this month, he co-authored a 37 page paper describing them and their role for Ethereum.
Here’s a TLDR…🧁
SHAH retweeted
My column on why Bitcoin has failed as a medium of exchange and instead become a speculative financial asset with volatile prices as no clear anchor for its value. In @theinformation (alas, subscription required, but could be better investment than BTC) tinyurl.com/2p89b9j6
SHAH retweeted
My article in this weekend's @PostOutlook Washington Post Outlook section on the ironic, dystopian legacy that Bitcoin might leave us with--even more govt and big business intrusiveness in our financial, economic, and even social lives tinyurl.com/36e6hfab
SHAH retweeted
"It turns out that bitcoin is not [as] anonymous as had initially been assumed," Cornell Professor @EswarSPrasad says. "This is one good thing because it now turns out that bitcoin is being used much less for illicit transactions than [in] its earlier Wilder West days."
Regarding the impact of #decentralization on data governance and the economics of data, I argue that data in "most" services and platforms shouldn't be private property. In fact, it needs to be considered a public good (public in that context).
(1/2)
Otherwise, the usability and total value creation will be negatively affected. To sort the problems of data governance out, I think effective #DAO s and custodian services play an essential role
(2/2)
Although I have never been a #Bitcoin maximalist nor have a fanatical mindset about any crypto, I couldn't listen "impartially" to people criticizing #cryptocurrency.
In the fifth year of working on Blockchains, I could add more open-mindedness to my approach to crypto.
SHAH retweeted
The difference between grit and forcing something is alignment.
Does pushing for that thing get you closer to your true self and goals for that version of yourself?
If yes, proceed.
If no, stop forcing it. Let it go.
There are no medals for succeeding but losing yourself.
SHAH retweeted
A key ingredient that makes a good athlete, good poker player, good entrepreneur:
Your ability to manage fear and loss
I learned so much talking to @scottmelker about how he went from loss to a boss
New episode of @_trwih with top crypto investor @scottmelker
Links below:










