Interesting read on why bond yields are going up https://pca.st/episode/99c2481c-3237-4798-91d9-ae907c0c44a2 TLDR: we're maxing sovereign demand so yields go higher to compete against other opportunities (corporate debt etc) amongst discretionary buyers. American excess has to compete against its own industries for money. Wild.
- 1 reply
- 0 recasts
- 5 reactions
yes. vaguely remember justin jackson banging on about how what you build being far smaller determinant of success than where you built. thought it was a bit fatalistic but idk man, I was thinking that while I was building out NFT financialization protocols and infra and that went pretty much the way he described.
- 0 replies
- 0 recasts
- 9 reactions
If you make a NFT of a real person, and the person dies and gets cremated in a fire tomorrow, you still have the same person. Because the token still exists and is in limited supply just as before. Nothing has changed. What NFT is doing to the concept of people, few understand. https://x.com/nnnnicholas/status/2094810339053388251?s=20
- 1 reply
- 0 recasts
- 10 reactions