Erik Suhonen

@eriksuhonen

63 Following

13 Followers

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Congrats to David Sacks for his appointment by Donald Trump as White House AI & Crypto Czar. I'm optimistic that the US government will finally provide the crypto regulatory clarity that we've been asking for.

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"Show me the incentive and I'll show you the outcome." - Charlie Munger Tokenomics allocation averages: - Community: 20% - 60% - Treasury: 15% - 30% - Team: 10% - 25% - Investors: 10% - 25% - Advisors: 2% - 4% Notes: - Allocations change over time - Terminology has not yet been standardized - Image: Liquifi

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When crypto prices are at their all-time highs, some people wonder what the drivers are. For Bitcoin, tokenomics provide key insights: 1. Supply: hard capped at 21 million 2. Demand: growing from retail, institutional and new use cases such as DeFi 3. Incentives: key players receive ongoing benefits to grow the ecosystem

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I think one of the most positive impacts that tech can have on society in 2024 is proof of personhood and content provenance, enabled by blockchains with open ID/content protocols, enhanced by responsible AI.

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More people are learning what ownership really is. What would happen if: - a managing company went out of business - an organization changed the value of the item One solution to help people with ownership is decentralized, permissionless, open source tech with immutability and shared incentives.

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My first cast. Great to connect with you all.

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