Believing that progress is inevitable is a form of pessimism

Few ways for protocols to prevent this: 1. Set quorum to be higher based on severity of proposal, e.g. quorum is higher for large treasury transfers 2. Ensure a guardian council can veto proposals as a last resort

The Llama team predicted someething like this would happen years ago. The only way to scale governance is through onchain roles & access control on smart contract parameters. We need specialized individuals to scale protocols effectively, not the majority of speculators.

"Presumed Innocent" on Apple TV is an excellent show

There was a time when pharma moved as fast as software. Here's the insulin production timeline: - 1920: initial idea - 1921: first test on dogs - 1922: first test on humans - 1923: scaled mass production in US Insulin, a life saving drug, was widely available in the US within

More than *half* of all American Nobel prize winners have been students or junior colleagues of other Nobel laureates Apprenticeship from Nobel laureates helps scientists focus on "what makes a problem important?" IMO the biggest driver of the PayPal mafia is similar: you now

Kids (my niece) have the purest impression of what is real work They admire people collecting garbage, cooks making food at restaurants, workers laying bricks, nurses serving in the hospital They don't care about any sense of management or ordering people around

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Bridge is one of the most exciting companies and teams I've come across in a while. - Cross-border payments are expensive and painful - Fragmentation is increasing across geos, chains, and stablecoins Bridge's unified APIs make it significantly easier and cheaper to pay

Dark pools make up a big portion of trading volume in traditional markets - excited to see this onchain. Institutions need to buy and sell large quantities without informing the wider market of their position.

Food is the least coercive out of all influences. People will eat food they politically disagree with because it's good Some Indians hate the Mughals but will eat biryani. The British conquered the world but couldn't convince anyone to eat British food

Modern man: intermittent fast, email inbox to 0, track macros Thomas Edison: have one major invention every 6 months and one minor invention every 10 days

Excellent interview with Travis Kalanick youtu.be/8j7lwauJN2s?si…