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Hm... my tentative view is that SUI Foundation did the right thing by blocking the transfer of stolen funds. If a network IS factually centralized, you might as well reap the benefits of centralization when necessary. If you don't, users are getting the worst of both worlds: They

Great intro to network states by Logos. On the question of whether or not a network state should strive to obtain physical territory: I believe one of the core question here is taxes (boring, I know, but relevant nonetheless). The reason is that today, taxation for private

At an abstract level, one of the interesting things about combining blockchain with AI is that blockchain is deterministic tech, whereas AI is non-deterministic tech. The key lies in understanding where determinism vs. non-determinism is needed.

Would futarchy solve this? Proph3t Clément Lesaege noturhandle

I'll be at the European DAO Workshop in Zürich on Monday/Tuesday next week. Very much looking forward to (re-)connecting and engaging with fellow appreciatooors of decentralized organizations!

Set theorists and DeFi protocol designers x.com/martin__a__s/s…

Not all problems of DAOs are unique to DAOs. The honorable CFA Institute (as "tradfi" as it gets) is struggling to reach quorum, reaching out to members individually to pursuade them to vote. Meanwhile, their marketing chief has raided the treasury. Governance is hard...

With AI, the productivity of labour goes up while the productivity of capital goes down. Crisis of capitalism incoming?

In Cannes - DMs open if you want to meet!

The Robinhood / Arbitrum thing is cool. But it also confuses me - here's why: 1/ Tokenized stocks have been around for years (didn't FTX have them?). Technically, it's trivial to tokenize a stock - the challenges are exclusively legal / regulatory. 2/ Legal problems are

When google did its IPO in 2004, they completely bypassed investment banks and sold their stock transparently via a Dutch auction. Back then, many proclaimed the end of the investment banking cartel in IPOs and the related phenomenon of systematic IPO underpricing. No such

This bears repeating. Seeing a lot of takes that RH's "tokenized stocks" (they're not really tokenized stocks, but whatever) are great because they increase liquidity by enabling out-of-hours trading. This is flat out wrong. If anything, it fragments liquidity by pulling