- "An efficient market is an outcome, not a cause, of good law"
- Juristopia: replacing delegation with property and peer contract relationships
- Unbundling of power
- Keep government minimized (microkernel) and spin off all other functionality into franchises that deal with more substantive law
- Currency features: store of value, medium of exchange, unit of account
- Store of Value
- Ecosystem's acceptance / collective belief is foundational to a currency's position as a store of value
- Token Velocity
- Basically MV=PQ
- Hodling => higher price
- Asset design could incentivize hodling, e.g. staking
- Hard to measure all variables, when velocity changes, hard to determine which of M, P, or Q to record corresponding change
- INET, Crypto J-curve
- Current utility value + discounted expected utility value, using MV=PQ to calculate price
- M calculated as value of on-chain transaction value (PQ/V), aka network GDP
- Network Value-to-Transaction Ratio (NVT)
- NVT = network value / daily tx volume
- Similar to P/E
- Volume represents utility users derive from network
- Daily active addresses/users
- Similar to daily active users
- "In our world, whatever the human mind may create can be reproduced and distributed infinitely at no cost. The global conveyance of thought no longer requires your factories to accomplish."
- "Privacy is not secrecy" -> "privacy is the power to selectively reveal oneself to the world"
- Anonymity empowers us to reveal ourselves as desired and only when desired
- To encrypt is to indicate the desire for privacy
- "We know that software can't be destroyed and that a widely dispersed system can't be shut down"
JSON.parse(JSON.stringify(...))is the fastest (lol)MessageChannelis best right now for structured cloning
- This is awesome!
- Vertical padding is relative to element’s width not height (for e.g.
padding-top: 50%), lolwat
* + *is a pretty good sibling selector (ie. no more*:last-of-typequeries)!
- Holacracy: "eliminate all hierarchies and job titles in organizations, and replace them with a formal structure that is fully focused on getting the job done"
- Not about decentralized chaos, but about adopting a ruleset that allows everyone to make smart and effective decisions
- No departments, just overlapping circles that are flexible in design and function, easy to spin up and stop
- Focus on people and their abilities, rather than their role or title
- Holacracy has a lot of misconceptions, causing clarity chaos
- Are the best organizational systems invisible and in the aether?
- People > process
- Have a question for everything
- Everyone (including your superheroes) are flawed, but they stayed focused and executed
- Success still comes with a side of weakness; you will always have some so focus on the strengths
- Heuristic: increase the number of uncomfortable moments in your life; they will make you stronger and more courageous
- Always make the hard choice
- Let kindness guide you in difficult times
- Commit to decisions by avoiding ranking anything a seven
- Criticism means you are doing something meaningful; push the boundaries (but listen to the feedback)
- Being vulnerable is uncommon, and draws people closer
- Knowing nothing is an advantage: new ideas and strategies comes from being naive
- Plateaus before gains: "when you think there’s no progress, it’s in fact, invisible progress that you can’t see"
- Traction is evidence of a business model, and today, business models are the product (rather than the solution)
- Customers don't care about your solution, they care about their problems
- Build something you know customers will buy (rather than something you hope they will buy)
- Remove the biggest risks first by confronting them!
- "Innovators turn inventions into working business models"