Guy

Read_595 – Money Messiah: Part 2 [John Vallis]

“Money, in the ideal (which we’ll likely always only ever strive for, and not achieve), turns a portion of ‘our work, here and now’, into a portion of ‘everyone’s work, anywhere and forever’.” – John Vallis Continuing the incredible piece from yesterday by John Vallis around how the human consciousness even creates value and meaning,…

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Read_594 – Money Messiah: Part 1 [John Vallis]

“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action is measured and justified.” – John Vallis Why does it always seem that the Bitcoin rabbit hole inevitably leads to the questions of “what is money” & “what is value?” How…

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Read_593 – Bitcoin Heading to $30k? [Nik Bhatia]

“This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on future cash flows will likely prompt speculators and investors at the margin to dump or severely reduce their crypto holdings.” – Nik Bhatia We take a little break to discuss the…

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Read_592 – First Impressions of Web3 [Moxie Marlinspike]

“The people at the end of the line who are flipping NFTs do not fundamentally care about distributed trust models or payment mechanics, but they care about where the money is.” – Moxie Marlinspike As a follow up to the model and concept of web3 built on top of Bitcoin and Lightning, it seems prudent…

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Chat #66 – Will the Real Web3 Please Stand Up, with John Carvalho

“Our goal is basically to realize this concept we have created called the atomic economy. This is just my way to create a narrative and mental model to represent hyperbitcoinization, or a future world where we actually broke free from having government regulations control the economy, having big tech control our data, and having big…

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Guy’s Take #50 – Lightning and the Web

In a follow up to the State of Lightning Report from Arcane Research and OpenNode, we dive into the possibilities for how Lightning will change the global market, the potential for truly on-demand services, streaming money, the access it could bring to billions with no banking, & why I think it will change how we…

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Read_591 – The State of Lightning – Part 2

“What the Internet has done for information, Bitcoin and the Lightning Network will do for money. ” – Elizabeth Stark Finishing the amazing report from Arcane Research on the state of the lightning network and development ecosystem. Covering the development path, the major players in the space, and the nation states beginning to pay attention and…

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Read_590 – The State of Lightning – Part 1

“The Lightning Network, and the possibility to perform micropayments instantaneously, will most likely change how we pay for certain services. We already see the first steps, but the alternative to stream money will revolutionize many popular services in the future.“ – Arcane Research Today we are diving into Part 1 of The State of Lightning…

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Read_589 – Proof of Stake & Stablecoins – Part 2 [Lyn Alden]

“Crypto exchanges with numerous coins have an incentive to get you excited about new coins, because they make money from trading volumes. Even if it’s just meme-coins like Doge or Shiba Inu with briefly-lived spikes, they want to get you in on the action, especially near the top of the spike when enthusiasm is high….

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Read_589 – Proof of Stake & Stablecoins – Part 2 [Lyn Alden]

“Crypto exchanges with numerous coins have an incentive to get you excited about new coins, because they make money from trading volumes. Even if it’s just meme-coins like Doge or Shiba Inu with briefly-lived spikes, they want to get you in on the action, especially near the top of the spike when enthusiasm is high. Their financial incentive is for their users to hold a large number of coins, and trade those coins frequently, and are happy to highlight whatever coins happen to be popular at the moment. In that environment, it’s the house (exchange) that wins either way.” – Lyn Alden

Continuing with yesterday’s amazing piece to finish it out today, from Lyn Alden’s investment blog on the analysis of Proof-of-stake as a consensus mechanism, and the centralizing risk posed by DeFi and stablecoins. Don’t miss the conclusion to this incredible piece, with a Guy’s Take to follow on the difference between Crypto 7 Bitcoin, and how to frame what is happening in the ecosystem.

don’t forget to explore the article and lots of other connections to great additional content at the link below:
https://www.lynalden.com/proof-of-stake/

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