Web3 music of decentralized finance (DeFi) If music came in chunks the size of Ludwig Van’s 9th symphony, how much music would there be? Of course, music consists of smaller sounds/notes that together compose a larger piece. …

“He’s not here Reev.” said my assistant. “Head of trading wants to see you.” Every day — unless the day was really slow, involved the risk department coming by and getting me to sign off on whatever positions they thought I may have had. The source of truth was their…

(or the collapse of Luna Brothers) Back in 2018, my dApp objective was to allow people to invoice, do payroll, manage a project or make a friendly loan all in ETH or wrapped BTC. Then I encountered Tether. “Mike, man .. …

David Graeber’s book, Debt: The First 5000 years, is a fantastic read. Graeber takes the reader on an encyclopedic ride through the chronological and ideological history of debt, a social contract and cultural phenomenon based on communal trust, which, he argues, predates both trade and currency. I see DAOs as…

(On payrolls, remittances and language) I was in a conversation with an investor/incubator person. I told him we had designed a widget that facilitated on-chain invoicing. He was interested and we chatted. I mentioned that this widget could also make remittances. “Why would you want to do that??” “Well, I guess, uhhh, if all you…

In the world of contingent claim NFTs, it might be. Mark Twain once said, “History never repeats itself, but it does often rhyme.” He was referring to current events that remind us of the past. As I see it, contingent claim NFTs “rhyme” with the history and utility of credit…

Anybody studying DAOs today will be astonished at their complexity. Collecting money from people for a DAO makes the DAO a fiduciary. Fiduciaries are regulated. Hence the amount of legal incorporated in DAOs and some explanation as to DAO complexity. If the scope of your purpose is limited and the…

A paraphrased decentralized finance (Defi) speech given to a centralized finance (CeFi) technology forum Beware dinner parties with central bankers (CBs) interested in DeFi and bitcoin. I was at such an occasion and afterwards got invited/challenged to give a speech about what I was doing in the crypto space. I…

I was reading Murtaza Hussain’s article regarding growing use of crypto in remittances. A Billion Here, a Billion There: Crypto Remittances Are Suddenly Real Money • 1729 Bullabanker can manage remittances for any wallet. The use case for a migrant worker would be to stay organized and perhaps remain compliant. …