readyplayr18

2023 Reading List

overweight optimism.

The structural hedging needs of banks and the borrowing needs of the US war machine reflexively feed on one another in the US Treasury market.

originality is the presence of new ideas, not the absence of old ones

the core properties of token distribution, hardware, threshold-scale, and demand generation are critical and should be fully explored in order to effectively build out supply-side resources and serve demand-side customers [for category-defining DePINs to emerge over the next few years]

The reality is–as growing brands and ecosystems look for platforms to call home, they have limited, imperfect options. Large ecosystems like Coinbase are faced with a difficult decision: they can deploy on Ethereum and forfeit scalability, choose a single L2 and be dependent on that ecosystem, or deploy and maintain their own chain and fragment liquidity and network effects.

by bringing more of the capitalist engine onchain, we’ll accelerate progress, let wilder ideas flourish, and give more people ownership in the upside. 

Skepticism and pessimism aren’t synonymous.  Skepticism calls for pessimism when optimism is excessive.  But it also calls for optimism when pessimism is excessive.