Aavegotchis are collectible 64-bit ghosts that can be leveled-up, traded, and get more valuable over time. Like their namesake Tamagotchis, no Aavegotchi will be the same, due to a very large space of possible combinations of random traits, wearable items, and experience levels that they can have. However, the most fascinating aspect of Aavegotchi is that every ghost can only be created by locking up a token with monetary value. The token specifically is a tokenized loan, for example aSNX, which represents a redeemable token for a loaned SNX token which of course accrues interest. …

A brief summary (by allegory) of Carlota Perez’ “Techno-economic Paradigm/Great Surge of Development” model for understanding the evolution of capitalist systems and the occurrences of Bubbles and Golden Ages. I subsequently apply this framework to identifying the phase of the current paradigm (e.g. Age of Information and Telecommunications) and the next revolution in which cryptocurrency, the technology that I have the most experience with, has a key role to play.

The inspiration for this essay: “Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages (2002) — Carlota Perez”

Bulletpoint Summary of Key Points

  1. Regularities and recurrent sequences of change exist in the workings of the capitalist system
  2. One such recurrent process is the interdependence of a productivity explosion and bursts of financial excitement leading to economic euphoria and subsequent collapses of confidence (e.g. ‘Bubbles’)
  3. When a technological revolution irrupts the scene, it does not just add new industries to the previous production structure, but instead configures an entirely new “techno-economic paradigm”, whose diffusion across the economy constitutes a “great surge of development”

Guilin (桂林市), Southern China — famous for its “mountain-water” scenery

I purchased this book because I read glowing reviews about entertaining prose and genuine depictions of how life in China* has changed from the second half of the 20th century to the time of publishing. China’s growing importance in the global economy, its increasingly imported culture in America, coupled with my own heritage has led me to seek out books, poetry, films, YouTube videos, and more to better understand the spirit of its people. I highly recommend this book for those that desire the same goals.

*I am going to purposefully conflate the culture of “China” with that of the…

TLDR: Use Genius.com API + Beautiful Soup to get song lyrics and write them to a local text file. Future post on interesting things you can do with this data.

This is going to be a shockingly easy tutorial that you can follow to collect song lyrics into a local .txt file

The only hard thing about this tutorial will be reading the code on Medium without syntax highlighting


  • Get a Genius.com API key (Free!): Follow instructions here
  • I use Python3


# Make HTTP requests
import requests
# Scrape data from an HTML document
from bs4 import BeautifulSoup

Some thoughts after watching this 10 minute interview:

As the digital token economy emerges from a dark era of disillusionment, flushing out scams and opportunistic projects, it will revolutionize financial technology, but let us not forget that its emergence will be iterative as all hopeful technologies are.

Why do people lose their sh*t about Bitcoin & Cryptocurrency? Well, it’s quite simple when you think about it: the new technology stack enables money creation while using significantly less energy than the existing stack. We can compress the (printing press + physical enforcement of scarcity + centralized ledger) into a decentralized…

From Wikipedia: “The three-body problem is the problem of taking the initial positions and velocities of three point masses and solving for their subsequent motion according to Newton’s laws of motion and Newton’s law of universal gravitation. Unlike two-body problems, no general closed-form solution exists, as the resulting dynamical system is chaotic for most initial conditions, and numerical methods are generally required”

“An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense ‘intuitive linear’ view. So we won’t experience 100 years of progress in the 21st century — it will be more like 20,000 years of progress (at today’s rate). The ‘returns,’ such as chip speed and cost-effectiveness, also increase exponentially. There’s even exponential growth in the rate of exponential growth.” — Ray Kurzweil

“The greatest shortcoming of the human race is our inability to understand the exponential function.” — Albert A. Bartlett

“There is a group of highly perceptive chroniclers of human decision-making who…

The immense promise of efficient cryptomarkets, the let-down of the current markets, and a solution

In the future, cryptocurrencies will enable massive reduction of peer-to-peer exchange friction, creating a new global digital bazaar

Cryptocurrencies have bestowed upon internet users the freedom to control and exchange digital assets for the first time. In the not so distant past, average internet users did not have the tools with which to price — and therefore trade — computing power, file storage, predictions, credit, art, gaming resources and more. Moreover, users did not possess secure solutions for storing such digital goods. This opened the gates for private firms to form around the sole purpose of providing transaction services for digital goods: marketplaces…

Drip Drip

Hello! Today, the Carbon Team is happy announce that users of the Carbon Wallet no longer have to pay ETH gas fees when sending or redeeming CUSD.

Want to try it out without paying real money? Check out our open-source Ropsten “Faucet” where you can get free test CUSD, send it to a friend, and redeem it without spending any ETH 🤯. Don’t have an ETH account? No problem! Create temporary ETH accounts on the faucet site.

To repeat — to use CUSD you no longer need to own any ETH ✅

We have been working hard to upgrade our…

I architect distributed-ledger products for Carbon-12 Labs, and I had the pleasure of building and deploying an EOS stablecoin throughout the past month with the resident Carbon hackers.

Let’s get right to the point: I believe that EOS is a developer’s paradise 🏝 and I want to help other developers and craftsman learn about EOS and why it’s a great environment to develop & deploy decentralized applications.

Paul Graham, a magician of speech and the entrepreneur-whisperer, once stated that: “Great hackers tend to clump together” and “Like all craftsmen, hackers like good tools. In fact, that’s an understatement. Good hackers find it unbearable to use bad tools”, and I couldn’t agree more with this pair of statements. EOS is a distributed, trust-minimized computer like Ethereum, but it offers…

You will be building…THE ETHEREUM WATCHTOWER

Ethereum is complicated. Hacks happen too often. Wouldn’t it be nice to receive a text when your ETH balance changes? For example, imagine that you just bought a cool new Etheremon on OpenSea. Transactions on Ethereum can take a while, which can make users nervous. After all, ETH sent to the wrong address is lost forever. dApp user interfaces have come a long way, but they just don’t feel that safe right now. Let’s use protection!

Nick Pai

I write about cryptocurrency technology and asian-american culture. Eng @ UMA

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store