Sirwin
Sirwin
www.publish0x.com/jer979

www.publish0x.com/jer979

Explorations of the emerging crypto-economic models and their potential implications


Seeing the Empty Space

19 Jul 2022 1 minute read 0 comments jer979!!

I visited the Musee D’Orsay recently and was enamored by many things, but one of them was a sculpture of Hercules, the Archer. What makes this sculpture so powerful is not just the physical part of it, but the vast empty space in the middle of it, wh...

The History of Smart Contract Platforms

12 Jul 2022 1 minute read 0 comments jer979!!

I’m sure I’ll get flamed by some of the ETH maximalists out there, but I’ve been thinking about the history of smart contract platforms. Given that the space is about 6 years old, that’s a bit rich, I know, but the pace of tech innovation is so rapid...

DeFi Doesn’t Have an Existential Problem

6 Jul 2022 3 minute read 0 comments jer979!!

An article in the Wall Street Journal on June 30th proudly proclaimed that “DeFi has an Existential Problem.” It then went on to detail all of the numerous issues with companies such as Celsius, BlockFi, and Three Arrows Capital, all of which have ha...

Letting the Masses Into Finance

5 Jul 2022 1 minute read 0 comments jer979!!

One of the conclusions I’ve reached over the past 6 years in crypto is that many of the institutions that ostensibly claim to have the purpose of “protecting” individuals are actually mechanisms for reinforcement of the elite-centric status quo. The...

Smart Contracts that are Too Big to Fail

28 Jun 2022 1 minute read 0 comments jer979!!

The other day, we introduced the concept of Composability vs. Interoperability, inspired by the article, Composability in the Context of Defi. In that post, I focused a lot on the benefits of composability, calling it the “superpower” of crypto. That...

Composability vs. Interoperability

25 Jun 2022 2 minute read 0 comments jer979!!

tl;dr: the Layer 1s that don’t break atomic composability will have a competitive advantage. Why AC matters. Back during my consulting time with Dapper Labs, the inventors of Crypto Kitties and the NFT boom, I was working with them on the early stage...

March 10, 2000

21 Jun 2022 1 minute read 0 comments jer979!!

That was the day of the dot com implosion. Last week felt very similar from the crypto perspective. After the dot com crash, Pets.com and Webvan may have been destroyed along with countless others, but Amazon was $6/share. The implosion didn’t m...

The Unelected

17 Jun 2022 1 minute read 0 comments jer979!!

I am writing this on the morning before the Fed’s most recent interest rate meeting. There’s speculation about what will happen, how many basis points will the interest rate rise, etc. What occurred to me earlier, as I was sitting in meditation, was...

Consensus 2022, Part 2

15 Jun 2022 1 minute read 0 comments jer979!!

The markets (crypto and otherwise) seem like they are somewhere between free fall and steady descent. Celsius paused withdrawals and there’s fear in the market that other firms like BlockFi and Nexo may do the same. Hard to say if this is the bottom...

Anger

15 Jun 2022 1 minute read 0 comments jer979!!

Every Friday, we have two women come to our house for a weekly cleaning. It’s my favorite time of the week because, when they are done, the house is immaculate…for 3 hours until my kids get home. But every Friday, when I see them, I feel a huge amoun...