Why it is Difficult to Decentralize Finance
February 6th, 2023
The dream of cryptocurrency is to remove all overhead from the financial system—expensive buildings full of highly paid people making ad hoc decisions with all-too-human fallibility—and replace it with zero-marginal-cost software that anyone can interact...
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Why it is Difficult to Decentralize Finance
February 6th, 2023
The dream of cryptocurrency is to remove all overhead from the financial system—expensive buildings full of highly paid people making ad hoc decisions with all-too-human fallibility—and replace it with zero-marginal-cost software that anyone can interact...
Read MoreQuestions States and Small Countries Should Ask Theirself
November 1st, 2022
1. What do we have in abundance? What do we have that is in short supply?
Read MoreTo Understand Jio, You Must Understand Reliance
November 1st, 2022
In late April, Facebook made an unusual announcement: It was investing $5.7 billion in the Jio Platforms subsidiary of Reliance, an Indian telecommunications company with 398 million subscribers. This kicked off an impressive run of investments:
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