There aren’t many people in crypto. We’re still on the way to 'onboarding billions'. It’s because it is isolated from the daily applications people use. Crypto systems don’t interact with the apps and platforms where most are. It's not surprising. Building a fair and open system is part of the crypto vision, and that's orthogonal to how most tech platforms run. They are for the most part incompatible. The root of this incompatibility is data verifiability. User data in web 2 is not verifiable...

New users come to Farcaster for two reasons: a) they find Warpcast a great social product and see their friends there and b) because of products built on the Farcaster protocol they want to use (like clanker, or super). The main driver for (a) is the good work of Dan, Varun and the Merkle factory team. Not much to say here besides noting their remarkable execution and prompt recovery from actions that arguably adversely impacted (b). (b) is the more interesting factor because it's the driver ...

One of my favorite crypto use cases is borrowing for one-off expenses. I recently paid a large deposit. Instead of selling my savings acc...

This mini-series examines if the decentralization trend in energy networks makes crypto and DePin good for these markets.The grid is beco...

The paradox of renewable energy is that the more sources there are, the more unstable the grid becomes.The grid is responsible for transp...

As of August 27th, 2024, there are ten times more wrapped bitcoin than Bitcoin TVL.Bitcoin’s market cap is $1.24 trillion, but most of it...

ZK applications enable use cases constrained by verification costs. My mental model for thinking about promising ZK app is to look for pl...

I just read "Useful, Not True" by Derek Sivers. I always enjoy reading him because his writing leads to action. It's a good segue into th...

To a large extent, I believe Farcaster's success as a protocol and ecosystem will be measured by another successful app outsourcing its social graph ...

I recently read Arthur Hayes' "The Easy Button" and wanted to articulate his thesis.Arthur's macro methodology amounts to finding hidden or misunders...