Listening to @skominers on @a16zcrypto podcast (ep. 3) has reframed auctions for me. A high sale doesn’t just mean something is worth more, it tells us why: the market is larger than we thought. Auctions are social discovery, real-time economic triangulation in the wild. Cool!
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I don’t think I could fully articulate my dissatisfaction with the web until I learned about Web3 and blockchain
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