About 100 hours before the U.S. midterms election in November, an anonymous Augur trader spun up a throwaway Reddit account to comment on how he was almost single-handedly responsible (at the time) for the trading volume in the midterms…
In markets that shut down and shut out or in markets that never sleep, open to anyone, anywhere, anytime?
Where does value want to live?
Where it is corruptible or where it is immutable?
Amid all the short-termism in the crypto space (especially during bearish times), it’s nice to keep the big picture in mind. Here are some of my favorite quotes on the long-term potential of crypto…
There are 3 eras of currency: Commodity…
Just-launched Augur is clumsy, slow, ugly. . . and potentially world-changing.
As Augur co-founder Joey Krug put it,
we’re trying to stream HD videos in 1995.
For some of Ethereum’s fledgling rivals, their greatest liability is their greatest asset in the markets: they do not exist (yet).¹
Consider the humble beginnings of what is now the world’s largest Internet company…
Today I received a newsletter from a mainstream investment expert I have a lot of respect for. When it comes to things like sovereign bonds and inflation, I think his commentary is spot on.