We are once again entering a cyclical phase in which people outside of this crypto industry reach out to more accustomed insiders, only to ask what coins to buy, or whether they should sell their "Bitcoin" now. Why now? Because prices are up and with it, attention is high. Every other quarter, every other year, rising crypto prices make it into the news cycle of ordinary people, sparking curiosity, again, meaning greed, over and over and over. People never come to ask mid season, how they can en

We are once again entering a cyclical phase in which people outside of this crypto industry reach out to more accustomed insiders, only to ask what coins to buy, or whether they should sell their "Bitcoin" now. Why now? Because prices are up and with it, attention is high. Every other quarter, every other year, rising crypto prices make it into the news cycle of ordinary people, sparking curiosity, again, meaning greed, over and over and over. People never come to ask mid season, how they can en

We can still hear people complain that crypto has no apps. Meanwhile the city of Buenos Aires has rolled out digital identities using zero-knowledge proof technology to all of its roughly 3.6 million citizens. This is a huge deal for two reasons. For one those digital identities are secured by Ethereum, since the underlying infrastructure is provided by an app on top of ZKsync, an Ethereum L2 rollup. And two, these credentials are the cryptographic property of individuals, who can now reveal onl

We can still hear people complain that crypto has no apps. Meanwhile the city of Buenos Aires has rolled out digital identities using zero-knowledge proof technology to all of its roughly 3.6 million citizens. This is a huge deal for two reasons. For one those digital identities are secured by Ethereum, since the underlying infrastructure is provided by an app on top of ZKsync, an Ethereum L2 rollup. And two, these credentials are the cryptographic property of individuals, who can now reveal onl

Somebody said the other day that religion was once so very important for basically everyone alive, and that religion as a concept has lost so much of its influence today. Let's get just one thing out of the way first. More than 80% of the world's population is still estimated to be religious in one form or another. That is the vast majority of everyone alive today. A thousand years ago that nunmber was roughly 100%. Looking at the trends all around the world, it is true that more and more people

Somebody said the other day that religion was once so very important for basically everyone alive, and that religion as a concept has lost so much of its influence today. Let's get just one thing out of the way first. More than 80% of the world's population is still estimated to be religious in one form or another. That is the vast majority of everyone alive today. A thousand years ago that nunmber was roughly 100%. Looking at the trends all around the world, it is true that more and more people

A regulatory sea change will be unfolding over the next 4 years for the crypto industry, and we cannot understate how big its effects are going to be. For at least the next 4 years we are going to win so hard that you will get tired of winning. One day you will say that you are so tired of winning and that you can't keep winning, and then we will win some more. Winning here means simply being treated in a fair and competitive way by the powers that be. There is zero reason for rogue regulators t

A regulatory sea change will be unfolding over the next 4 years for the crypto industry, and we cannot understate how big its effects are going to be. For at least the next 4 years we are going to win so hard that you will get tired of winning. One day you will say that you are so tired of winning and that you can't keep winning, and then we will win some more. Winning here means simply being treated in a fair and competitive way by the powers that be. There is zero reason for rogue regulators t

Based on my own estimation we are about 60% through the crypto cycle right now. There are maybe another 6 to 12 months of insane price action left ahead of us. I am writing this down to emphasize that there are many overlapping cycles on a sector basis, which all have their own triggers and rhythms. While crypto as an asset class was historically guided by Bitcoin liquidity, every sector within crypto may start to show signs of their own micro-economy, and with it their own cycles. Various L1 an

Based on my own estimation we are about 60% through the crypto cycle right now. There are maybe another 6 to 12 months of insane price action left ahead of us. I am writing this down to emphasize that there are many overlapping cycles on a sector basis, which all have their own triggers and rhythms. While crypto as an asset class was historically guided by Bitcoin liquidity, every sector within crypto may start to show signs of their own micro-economy, and with it their own cycles. Various L1 an

Families, tribes and states are the three main collective structures in which humans organize as social groups. I was wondering how to formulate those relationships and found it interesting that the concept of the family and the concept of the tribe are evolutionary ingredients to the well being of many different forms of social animals. There is a very strong case to be made for the biological component of the family and the tribe as a tool for survival. We as humans separated from the animal k

Families, tribes and states are the three main collective structures in which humans organize as social groups. I was wondering how to formulate those relationships and found it interesting that the concept of the family and the concept of the tribe are evolutionary ingredients to the well being of many different forms of social animals. There is a very strong case to be made for the biological component of the family and the tribe as a tool for survival. We as humans separated from the animal k

Google made some headlines this past week with their new quantum chip called Willow. This chip was developed on the back of some groundbreaking mathematical advances that people apparently tried to solve for more than 30 years. The gist of the underlying breakthrough here is the property of increased error correction the larger the amount of quantum states involved. Basically, larger chips, better computing. Everyone on the timeline started to lose their minds again because quantum computers ...

Google made some headlines this past week with their new quantum chip called Willow. This chip was developed on the back of some groundbreaking mathematical advances that people apparently tried to solve for more than 30 years. The gist of the underlying breakthrough here is the property of increased error correction the larger the amount of quantum states involved. Basically, larger chips, better computing. Everyone on the timeline started to lose their minds again because quantum computers ...

Onchain onboarding is solved, technically. And with that claim I want to make the case that we already have all the tools that we need for users to just get started on any decentralized application. What that implies is that users to not have to worry about blockchains, gas tokens, transactions or even wallets anymore. As far users are concerned, the future is already here, it is just not evenly implemented. Back in the day, people needed a wallet in order to use any dApp. And even if you had...

Onchain onboarding is solved, technically. And with that claim I want to make the case that we already have all the tools that we need for users to just get started on any decentralized application. What that implies is that users to not have to worry about blockchains, gas tokens, transactions or even wallets anymore. As far users are concerned, the future is already here, it is just not evenly implemented. Back in the day, people needed a wallet in order to use any dApp. And even if you had...

What are we doing here? I mean here in this, our industry, the world of blockchains. What is this crypto thing all about? When you ask that question, then there will very likely be silence for a moment, followed by, a lot of words. This question, what crypto is about, is so hard to answer, and I thought about why that is the case. Imagine you were talking to some farmer in the 15th century, and imagine you would tell them about DNA. You would go like "here mate, look at that, that is DNA". And l

What are we doing here? I mean here in this, our industry, the world of blockchains. What is this crypto thing all about? When you ask that question, then there will very likely be silence for a moment, followed by, a lot of words. This question, what crypto is about, is so hard to answer, and I thought about why that is the case. Imagine you were talking to some farmer in the 15th century, and imagine you would tell them about DNA. You would go like "here mate, look at that, that is DNA". And l

"America's Class Politics Have Turned Upside Down", "The Worst of Crypto Is Yet to Come", "A Bogus New Rationale for Trump's Economic Agenda", "The Most Opinionated Man in America", these are the headlines everyday people are confronted with when reading The Atlantic today, one of America's most renowned newspapers. Long gone are the days in which we found balanced fact based news in those traditional media outlets. What you and me are bombarded with today is rarely rooted in facts. Traditional

"America's Class Politics Have Turned Upside Down", "The Worst of Crypto Is Yet to Come", "A Bogus New Rationale for Trump's Economic Agenda", "The Most Opinionated Man in America", these are the headlines everyday people are confronted with when reading The Atlantic today, one of America's most renowned newspapers. Long gone are the days in which we found balanced fact based news in those traditional media outlets. What you and me are bombarded with today is rarely rooted in facts. Traditional