EP21 - 12JUN23 - SEC unleashes assault on Coinbase and BInance and the implications, Sequoia split into 3, Americans in 1700s vs today, monetary premium in crypto networks

Two Degens (resources, interviews, on all things crypto and some AI)

Media to discuss

• https://www.forbes.com/sites/jonathanponciano/2022/02/17/sequoia-launches-500-million-fund-to-invest-in-crypto-tokens-as-silicon-valley-throws-billions-at-blockchain/?sh=41a037e12510
  • Sequoia launching a fund to buy crypto tokens - while also splitting into separate global entities
• https://medium.com/vision-hill-blog/understanding-monetary-premiums-in-programmable-value-networks-74f0ba2b91c2
  • If GDP = value of corporate productivity, programmable money = value of developer activity
  • Thus, a network’s ability to earn a monetary premium, depends, to an arguably large degree, on the strength of its developer base. If developers abandon one network in order to build on another, whether due to improved UI/UX, computational efficiencies or simply a better perceived community and sense of belonging, the original network’s monetary premium should not be expected to hold its value over time if that developer base is not adequately replenished with equal or greater caliber
• Classic: https://waitbutwhy.com/2015/12/the-tail-end.html
  • The ocean is freezing and putting my body into it is a bad life experience, so I tend to limit myself to around one ocean swim a year. So as weird as it seems, I might only go in the ocean 60 more times
  • I probably eat pizza about once a month, so I’ve got about 700 more chances to eat pizza
  • http://www.paulgraham.com/vb.html

• In regards to Gary Gensler SEC law: https://twitter.com/LibertyCappy/status/1666437353794322432?s=20

• https://twitter.com/IAmMarkManson/status/1584163981828112385?s=20
  • A good life is largely defined by what's missing: - The fights that don't happen - The health problems you don't have - The debt you avoid - The desires you don't indulge A good life's not about gaining. It's about letting go.
• Carl sagan: demon haunted world: https://twitter.com/highbrow_nobrow/status/1665815355657207809?s=20
  • The Demon-Haunted World: Science as a Candle in the Dark, In 1995, American astronomer Carl Sagan predicted what a future American society could look like. His forecast has been proven prescient. Read the image.