2/ From a market price perspective, this week has been a brutal. With BTC circling around the low-mid $6k range, we’re now asking “why the selloff?” @brucefenton argued it’s *not* about the SEC delaying a much anticipated ETF decision https://t.co/ouwUNgp0w2
— Nathaniel Whittemore (@nlw) August 12, 2018
4/ Brad captured a phenomenon quietly (or perhaps not so quietly) shaping the market, which is the addt'l pain caused by the concentration of ICO war chests on ETH. In short, w/ ETH at ~20% of its ATH, projects are panic selling as their resources dwindle. https://t.co/dkBCMLLIoD
— Nathaniel Whittemore (@nlw) August 12, 2018
6/ Whatever the case, it’s undeniable that what optimism exists focus on the institutional capital circling on the sidelines. @DavidJN79 suggests that institutional interest is as much about what’s going on outside crypto than inside https://t.co/OQsBEPbtZi
— Nathaniel Whittemore (@nlw) August 12, 2018
8/ With that in mind, check out this announcement from @AragonProject about the Aragon DAC, a “decentralized altruistic community." If we’re actually going to experiment with non firm models of organizing, we need these sort of examples https://t.co/uDTT9NkQ3b
— Nathaniel Whittemore (@nlw) August 12, 2018
10/ Situations like Turkey & Venezuela are part of why many are so focused on the creation of a global digital money and find the Dapp conversation distracting. @stephanlivera’s podcast with @MustStopMurad is a masterclass in this perspective https://t.co/xmA9ZK6yLM
— Nathaniel Whittemore (@nlw) August 12, 2018
12/ This intellectual division is clearly on people’s minds right now. @BenDiFrancesco wrote a similar piece, labeling one side “Sound Money” and the other “World Computer.” https://t.co/YMYjcrMUxi
— Nathaniel Whittemore (@nlw) August 12, 2018
14/ In “Evangelizing Bitcoin,” @hasufly eloquently makes the point that the money crypto/sound money crowd should be making the Bitcoin tent large and about the big point: “monetary freedom for everyone.” https://t.co/BFB3zVb8Oa
— Nathaniel Whittemore (@nlw) August 12, 2018
16/ Vitalik clarified his position and simultaneously affirmed that the old adage that a picture is worth a thousand words (Good luck unseeing that, btw). https://t.co/W32ckZ4bEe
— Nathaniel Whittemore (@nlw) August 12, 2018
18/ In the context of crypto networks, with their new ways of capturing and distributing value, the role of investors is going to evolve. @jbrukh has written about this recently, and @pjkershawnz captures many of these ideas in this great thread: https://t.co/hxLZuYvXXD
— Nathaniel Whittemore (@nlw) August 12, 2018
20/ If there’s not enough big thinking in the links above to keep you busy, here are a few more choice pieces.
— Nathaniel Whittemore (@nlw) August 12, 2018
22/ @maxrogo notes the significance of the Bitmain IPO with historical analogy to Levis – noting both the impressiveness of the company’s achievements while also wondering what it will take to stay ahead. https://t.co/Kj35WGQzeV
— Nathaniel Whittemore (@nlw) August 12, 2018
24/ From the “sick burn” files come: + @CantHardyWait’s tête-à-tête with Krugman’s latest boring anti-bitcoin piece + @nic__carter’s vicious WaPo rebuttal: https://t.co/264S4P5RkP
— Nathaniel Whittemore (@nlw) August 12, 2018
26/ If you’re interested in industries that actually need blockchains, check out this piece from @Fantasmo about the importance of blockchain for 3D data and geospatial applications. https://t.co/g0ZmND1BXU
— Nathaniel Whittemore (@nlw) August 12, 2018
28/ Finally, here’s a provocative little gem. People are noticing and wondering about the seemingly significant recent shift among fund managers away from the “Fat Protocol” thesis. What do you think? Is it it a real phenomena or overblown?
— Nathaniel Whittemore (@nlw) August 12, 2018
One more: this is a conversation I’m tracking closely and will be writing about in the coming week or so: https://t.co/njBkU7Syii
— Nathaniel Whittemore (@nlw) August 12, 2018
Comments are closed