April 28, 2024 | Read Online

Stop Chasing Degens

If recent history is any gauge, most teams still opt for the "sugar high" of short-term degen adoption over pursuit of more sustainable users. Read More

Top Insights

Crypto crime is too easy — Read
Crypto's best use case? Buying goats on Twitter — Read
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The risks of restaking are extremely overrated — Read

We're Watching

This week we discuss big tech earnings & the role of fiscal dominance on earnings growth.

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Alf @MacroAlf

QT was announced in 2022 and it was supposed to remove excess reserves from the system.

Yet, the amount of liquidity removal so far has been ZERO and the Fed might announce a QT tapering next week!

Thread

Apr 28, 2024

95 Likes 13 Retweets 8 Replies

Illia (root.near) (🇺🇦, ⋈) @ilblackdragon

Had a discussion with @mattarrow on the unit of account we could use in digital systems instead of USD.

One idea is to use a "compute unit" which is an average across all validators of how much it costs fully baked to running a validator node for 1ms

It's a digital native unit… twitter.com/i/web/status/1…

Apr 28, 2024

95 Likes 12 Retweets 6 Replies

Brian Armstrong @brian_armstrong

1. LFG
2. Since when was EU bigger than US (I must have missed that)
3. Deng had the right idea, Xi went back to communism. Lucky us.
4. ⁠Japan shows us what happens when you hit debt to GDP of 250%

U.S. now doing its best to run the Japan experiment as fast as possible (debt… twitter.com/i/web/status/1…