
Different Animal, Same Beast
21 Followers
Well, this is a better diagram of blobs than anything else I’ve been able to find. Is there a current diagram or doc you’d recommend?
As someone who’s done both in TradFi and Crypto, there’s a time and place to do the circuit. IMO it’s usually beneficial to people early in their careers or in a sales/pitch mindset. If you don’t fall into either, you’re probably just there for the fun and social parts (not a problem, just the truth)
I think the best story to illustrate that relationship is the parable of the Chinese farmer. It emphasizes how people label the chaotic events around them as good luck or bad luck but we don’t know that in the present moment. Is chaos good? “Maybe yes, maybe no” Is chaos bad? “Maybe yes, maybe no”
Very true. It’s so understated how important not having funds locked are for true decentralization. Like how can we expect people with little to no wealth to lock up their funds? We can and must do better. Especially if we want to transform the social and financial limitations that have been built up over millennia