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#HSCLifeRules — Evan Cheng (evan.sui), CEO and Co-Founder at MystenLabs.sui Crypto’s idea of “solving privacy” is adding 12 chains, 4 L2s and a liquidity spreadsheet that needs its own onboarding tutorial, then acting surprised when capital fragments and efficiency disappears; meanwhile institutions are just standing there asking if there’s...

25,437 просмотров • 6 месяцев назад •via X (Twitter)

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.david friedberg: “We are now at a moment where we are saying there is no longer private property in the United States. This is one of the foundational rights that the founders of the United States tried to create: a distinction between these other nations that everyone flees from, where a monarchy or a totalitarian government or some communist system says everyone owns everything together, or some small number of people own and control everything. And that’s what this always comes down to. Whether it’s a socialist state or a communist state or a monarchy or some other totalitarian regime, there’s a small number of people that own and control everything. And that is the brink that we’re on. Because they are trying to say, for the first time ever, there is no longer private property in the United States. That if the government can say everything that you’ve already paid your income tax on, and then you’ve bought and you now own, the government can take a piece of it every year based on the vote and the budgetary needs of an irresponsible fiscal legislature. We’ve lost it all. And that’s where we are. And we see this just passed in Illinois. People think it’s just crypto, just like they think that billionaire tax is just billionaires. But anytime the government can take your private property after you’ve paid your taxes, bought something, and put it in your garage, we are done for. That is when the politburo has unlimited capacity to tax and take and do what they want. That’s the moment we’re at.”

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72,169 просмотров • 1 месяц назад

The physics of communication. " Velocity is a vector. It has a magnitude and a direction. People talk a lot about magnitude. They don't talk about direction. [...] And so sometimes it feels like the metric is just quantity of yapping. And we're gonna go on all these podcasts and we're gonna deliver blog posts like I've seen inside a lot of comms teams or agencies where their metrics and their KPIs for the quarter are two op-eds, three podcasts, four town halls, and, and it's all about quantity, without talking about (the key point): Where are we trying to move the needle to? [...] But you don't want your comms to look like that, where you're just like doing things in a bunch of different directions. You actually want your comms to look kind of like a line that builds towards a destination. And if you don't have the direction in mind, then it's just a bunch of frantic activity and wasted motion, some of which cancels each other out. ... Don't worry so much about where you're going to say it, worry about, what are you gonna say. In none of these plans and strategies that lay out three town halls and four op-eds and whatever, I almost never see, here's the idea that we wanna spread; Here is the idea that we're gonna spread and everything needs to go in this direction and what makes this idea interesting and worthwhile? It's just, get the CEO out there, get this CEO out there, get him interviews, get him onto the Shane Parish podcast. What's he gonna say? Nobody knows. Just put him in the chair." Lulu Cheng Meservey x The Knowledge Project

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EthLabs Co-founder Ansgar Dietrichs on why Ethereum must be the central node of the on-chain global economy “When we say the global economy is coming on-chain, I believe there are two very different ways that can play out. What I see as the default is you have this world of all these different, independent chains [with different use cases] and then you tie them all together with brittle links. Over time you try to derisk these links, but we’ve seen this multiple times in the past — bridges keep failing. Bridges between independent chains can only ever be so secure/robust because ultimately these chains don’t have a shared state.” Ansgar continues: “The alternative outcome is one where the global economy has one central node — that doesn’t mean that all the activity is on that node or Ethereum L1, but it means that there’s one central node that everything links back into. We are in a fundamentally better state for the world, when all these different parts of the economy can talk to each other trustlessly and without friction. And we really believe that it’s only Ethereum that can play that role. There is no second-best, neutral chain that actually has a shot at this. But that doesn’t mean it’s inevitable. We could just end up in the worse world.” This is why EthLabs is focused on, as Ansgar puts it, “talking to the builders in Ethereum, figuring out what are the friction points — especially as we build toward bringing finance and these economic flows on-chain — and iteratively removing them and strengthening Ethereum.”

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Happy 4th of July? Millions of Americans think they’re celebrating 250 years of “freedom” today, but what they’re really celebrating is 250 years of corruption, endless war, and a capitalist system that exploits the many to enrich the few. The uncomfortable truth is none of us in the U.S. are free. We are owned by banks, exploited by billionaires, and controlled by two parties that sell us out at every turn. Freedom is just the illusion they sell to hide the cage and prevent people from ever questioning the dictatorship of capital that controls, exploits, and monetizes every aspect of our lives from birth to death. Where is the freedom when a handful of billionaires [and a trillionaire] hoard ungodly fortunes through the mass exploitation of our labor and the mass extraction of resources that belong to our communities? Where is the freedom when our tax dollars fund endless wars, genocide, and the mass murder of children abroad all to further enrich the billionaire class? Where is the freedom when 70% of Americans live paycheck to paycheck and struggle to afford basic needs like housing, healthcare, and groceries? Where is the freedom when 75% of Americans can’t afford a median-priced home, 100 million Americans live with medical debt, and 140 million Americans are poor or low-income? There is no freedom here. We are all prisoners of a decrepit capitalist system that keeps us trapped in the rat race by demonizing the one economic system, socialism, that would put the economy in the hands of the people. Imagine a world where workers own the means of production, resources are used for the benefit of all, and decisions are made to meet the basic needs of the people rather than the endless greed of billionaires. That is socialism, and there is nothing scary about it. What is scary is continuing to allow a handful of billionaires and two capitalist parties to control our entire economy and make life-or-death decisions for all of humanity. Now is not the time to celebrate a “freedom” that we never had. Now is the time to fight for our freedom from the dictatorship of capital.

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Marc Andreessen’s 2 reasons for why founder-run companies are harder to disrupt “If you just look historically at many of the important technology companies of the last 50-100 years, many of them are run by their founders for decades… And a lot of it has to do with disruption.” Marc continues: “There’s this cliché of founders that a lot of people believe which is that founders are too stubborn and founders get too locked into their original idea and they can’t adapt as times change. We’ve actually found the opposite to be true. We’ve found that when a company is going to get disrupted, the person in many cases with the best odds of countering the disruption is the founder, and I think there’s a couple of different reasons for that.” The two reasons Marc shares are: 1. The founder remembers when the business was nothing, and are constantly haunted by the fact that the business could be a zero again: “The founder remembers what it was like when there was nobody else in the office with you and when you carried out your own trash can. The founder remembers this thing used to be zero.” 2. The founder carries enormous moral weight inside the company and can more easily make drastic changes: “When Steve Jobs goes into Apple and says times are changing we need to do X - and X is heresy… A Steve jobs - a founder - is going to be able to convince the company that they have to do that. Whereas if a professional CEO shows up and says that, everybody’s going to be like, ‘Ooh, I don’t know.’” Source: Startup Grind (Feb 2016)

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