why: - context switching is painful; you never hit flow - can't own anything; end up doing atomic tasks + following instructions from others - too many discords to keep tabs of - "going above and beyond" each role = working 80 hour weeks

Last week I took the red pill. Here are a few of my “week 1 observations” from my early steps into the land of crypto/web3. 🧵👇

crypto VC is absolutely bananas rn people are trying to put hundreds of millions of dollars into projects that have no product no roadmap - just a general idea they wanna figure out with like, 1-2M in funding but now having money stuffed down their throat y’all have no chill

Most ppl are entering crypto bc they see it as a way to speculate, not a way to transform how they they live, work, and learn To build a true movement, we need to better articulate the WHY of why is this important. If done successfully, a whole mindset shift will occur

A quick thread on why listening to NFT influencers can lose you a LOT of money. If you’re new please read. If you like this, please RT. 1/ Let’s explore 👇

there is probably an opportunity for someone to build a platform that allows you to trade NFTs for other items. e.g. Trade a CryptoPunk for a Ferrari? Or Richard Mille?

95% of NFTs are money grabs, jokes, and experiments that will collectively be worth $0. The other 5% will create a composable layer of ownership that shapes the future.

ADA is down 50% against ETH since Cardano launched smart contracts on September 13th. Narrative is worth a lot more than reality for these promise-chains.

1/ Episode 3 of DAOn the Rabbit Hole is live! We're continuing to build out our foundational library of crypto 101 content with an episode on "What is Web3?" Kinjal Shah did an awesome job of tackling this huge topic and I can't wait for you all to listen

After years of sitting on the sidelines, I finally decided to take the red pill. “Week 2” put me on the steepest part of any learning curve I’ve experienced in decades. Here are a few of my simplified observations, early conclusions and emerging frameworks:

Satoshi obviously had a philosophy and end goal built into his development of #bitcoin, but why do so many other crypto/web3 projects have their own baked in? More agnostic tools let users choose how to meet their needs and achieve their wants.#Web3

Much of regulatory headwind to crypto is self-inflicted. Instead of posing as state enemy #1, dominant narrative needs to be crypto as a solution to social inequality, as blockchain enables new economic models w/ more equitable value sharing. The latter is the real revolution.

Hot take: DAOs need to stop using tokens to vote on decisions. This is exhausting, overindexes viewpoints of a few people with the most capital, and underindexes the most qualified voices. Instead, DAOs should use tokens to vote on delegates responsible for these decisions.

6/ I try not to tweet reductive "big brain" takes but I'm serious. NFTs are "digital objects" and their purpose is as general and versatile as the "objects" themselves. It's everything.

NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were.

The first DAO to think of itself as a startup and not a government will win

web3 is not “the future”. it is the TOOL we use to create the future we want.

The Data Economics Company announces Notice of Allowance for a US Patent Application on Transactional Proof of Work and Workchains - PR Newswire prnewswire.com/news-releases/…

I know NFT's feel scammy. Bear with us. Enjoy the art for now. Utility and use cases are developing out there. Ecosystems take time !