Centralization vs. Decentralization

“There are only two ways I know of to make money: bundling and unbundling.” – Jim Barksdale Bitcoin decentralizes control but consolidates wealth. If cryptocurrencies become just another way for rich people to hoard money and evade taxes, then it won’t really change the world. Cryptocountries are the future of the Decentralized Left. These nationsContinue reading “Centralization vs. Decentralization”

Fractionalization

Problem: High transaction costs limit public access into finance, real estate, etc. Solution: Fractionalize complex assets using smart contracts and digital mirrors. How many lawyers can we replace with smart contracts? How much of finance is just entities securing each others’ assets? VCs (1-10+ wires) → Angels (10-100+ checks) → Crowdfunding (100-1K+ credit cards) →Continue reading “Fractionalization”

Hamming Questions

My World’s Biggest Problems project is inspired by one of my favorite quotes: I paraphrase this idea into two questions: Why don’t more people spend their time solving the hardest problems? My personal mission is to convince more people to solve The World’s Biggest Problems. This idea is a work-in-progress. If you’d like to riff on it, hitContinue reading “Hamming Questions”

Entrepreneurship = Get Rich Slow

Ever seen this quote? “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life living like most people can’t.” Starstruck wantrepeneurs: Understand the real-world challenges that you’re going to face as a startup founder. It’s not just 100+ hour work weeks coding inContinue reading “Entrepreneurship = Get Rich Slow”

X