Storing Value in Digital Objects
In crypto, the price follows this weird (but structured) feedback loop where it actually increases the fundamental value by rising.The rising price creates more interest, which leads to new ideas, new startups, and new projects who ultimately feedback into a positive price again due to the innovation happening.
What´s a Blockchain? A virtual
Chris Dixon • Chris Dixon: Crypto Networks and Why They Matter
Frameworks v0.2
FRAMEWORKS v0.2 Many of the thoughts in this document draw on and synthesize concepts from economics, math, physics, chemistry, biology, and psychology. Here are a handful of core concepts that are often relied on as inputs: Activation energy Behavioral economics Cognitive biases Darwinism En...
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The three fundamental pillars of this argument are,
- Blockchains are differentiated from traditional finance through their strong property rights – the inalienable right to store and transmit value.
- Centralization provides a means by which powerful entities can influence the outcomes of blockchains.
- The value stored in a property rights system is direc