🧵 Markets as cognitive systems: a thread on market intelligence and the future of financial interfaces. 🔸 Markets are information processors that compress countless data points into actionable signals. Their intelligence emerges from participants and interfaces working together as a distributed cognitive system. 🔸 When market complexity exceeds participant capacity, the system breaks down. This is Ashby's "law of requisite variety" in action: systems only remain viable when their response range matches environmental challenges. 🔸 Today's permissionless markets suffer from this exact problem. DeFi removed institutional barriers but amplified information asymmetries. Result? Markets driven by hype rather than fundamentals. 🔸 Traditional finance uses institutions to absorb complexity for participants. This creates stability but becomes "numb" to new signals and resistant to innovation.
- 1 reply
- 1 recast
- 1 reaction
I just voted "For" on "Staking on Starknet V2" https://snapshot.box/#/sn:0x009fedaf0d7a480d21a27683b0965c0f8ded35b3f1cac39827a25a06a8a682a4/proposal/8
- 0 replies
- 0 recasts
- 0 reactions
The countdown to STRK staking on @Starknet Mainnet begins!
- 0 replies
- 0 recasts
- 0 reactions