Tag: finance

  • Just as chat apps like WhatsApp collapsed the cost of international messaging from, say, 30 cents per text to zero, stablecoins are doing the same in financial transactions. The numbers bear this out: stablecoins moved over $12tn in value last year, after filtering out bots and other inorganic activity — volumes that are rising towards…

  • the core idea was never that every crypto application would emerge all at once, or that finance wouldn’t come first. The core idea was — and remains — that blockchains introduce a new primitive: the ability to coordinate people and capital at internet scale, with ownership embedded directly into the system. — Read on x.com/cdixon/status/2019837259575607401

  • Three Cynical Perspectives on the American Economy

    “Will Emerson talks about the impending financial turmoil”: “the only reason they get to continue living like kings is we have our fingers on the scale in their favor” “The Number Go Up Rule: Why America Refuses to Fix Anything” – “The “number go up” rule is not a story of greed or economics, it’s…