Interest misalignment is a core component of society’s systematic inequality. Blockchain networks offer a new incentive structure that can better align interests in which “employees” and “shareholders” are one-in-the-same. This better interest alignment could be a solution to today’s inequality.
In our modern capitalist economy, parties can be broadly categorized…
Alongside usability, volatility* is one of the largest inhibitors to mainstream cryptocurrency adoption. Stablecoins have the potential to make payments anywhere as easy, fast, and cheap as sending an email while ensuring that your purchasing power remains intact.
In follow-up to the recent Medium Post How Much Could You Earn on Celo?, we’d like to provide a month-by-month breakdown of the anticipated circulating CELO (Celo’s Native Asset) post-Mainnet release.* …
The comment I receive most on why Bitcoin won’t work is its significant energy consumption. Most comments sound something like, “If Bitcoin were a country, it’d rank XXth in terms of energy consumption. There are many more energy efficient alternatives for reaching consensus1.” …
I frequently receive the question, “should I use blockchain for [fill in the use-case]?” In many cases, the answer is no. Below is a reference to five reasons blockchain may NOT make sense for your business and a simple framework for understanding when blockchain does make sense. …
Volatility has been a large obstacle to cryptocurrencies becoming more widely used for payments. Stablecoins are an attempt to overcome this challenge by holding a steady price (usually relative to fiat).
However, using stablecoins requires putting your trust in whoever is supposed to remain the peg behind the coin. This…
Decentralization has become synonymous with blockchain, but it is poorly defined at best and misleading at worst. “Distributed,” as used in the original bitcoin white paper, is far more effective in describing the simple underlying economic reality: not all of the transaction processing is done in the same place.1
Blockchains…
The internet enabled companies to create tremendous value, but the monopolization of data has inhibited upstarts from taking part in the next wave of technological disruption, artificial intelligence (machine learning). Blockchain 3.0 offers a solution.
Internet companies dominate their respective industries, largely due to the data advantage they enjoy over…
Media has painted tokens as simply a new form of crowdfunding riddled with fraud, but this masks “utility tokens” potentially far more profound impact on value production relationships.
At a high level, there are only two constituents in the modern capitalist society: laborers who work for wages and capitalists who…
