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Dialectic Ep. 48: Henri Stern Modern technologists--especially in crypto--are often deeply principled or impressively pragmatic. Henri Stern Ꙫ is both. I talked to Henri about digital privacy, the moral weight of building technology, the painful reality of realizing the market doesn't want what you're selling, and crypto's 'boring' era....

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Jackson Dahl

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27,458 Aufrufe • vor 3 Monaten •via X (Twitter)

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Privy CEO Henri Stern Ꙫ sees three big trends in stablecoins and the blockchain growing in the future: "First, we're going to see a rise of non-dollar stablecoins as more people embrace them." "Second, I've heard of a few projects that are trying to have an inflation stablecoin. The stable actually grows with inflation, so that you're on purchasing power parity. I think they're really hard to instrument and get quite right, which is why I don't think they've taken off just yet." "Third, there's a company called Pearl that is finding a way to do fast matrix multiplication and back a blockchain on this, so you can issue tokens based on how much compute you've got ready to do useful inference. So there was a question for me of, what other useful work could you back the currency on?
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Privy CEO Henri Stern Ꙫ sees three big trends in stablecoins and the blockchain growing in the future: "First, we're going to see a rise of non-dollar stablecoins as more people embrace them." "Second, I've heard of a few projects that are trying to have an inflation stablecoin. The stable actually grows with inflation, so that you're on purchasing power parity. I think they're really hard to instrument and get quite right, which is why I don't think they've taken off just yet." "Third, there's a company called Pearl that is finding a way to do fast matrix multiplication and back a blockchain on this, so you can issue tokens based on how much compute you've got ready to do useful inference. So there was a question for me of, what other useful work could you back the currency on?

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