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Joey Krug 2h
Read my Apr 20 Newsletter featuring “BitcoinSV's blockchain is struggling with its enormous 128MB blocks”
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Joey Krug 23h
The annualized vol of that collateral is pretty ludicrous though, although I agree its still a bit high
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Joey Krug 24h
lol Using a trusted oracle on a blockchain is like calling a donkey a horse. Doesn’t matter how many times you say it’s a horse, it’s still a donkey.
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Joey Krug Apr 19
Read my Apr 19 Newsletter featuring “Crypto/Digital Asset Regulation and Consumer Protection”
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Joey Krug Apr 18
Replying to @joeykrug
Another funny one “Unless you were a candlemaker you shouldn’t invent lightbulbs”
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Joey Krug Apr 18
Replying to @joeykrug
Leads to actually doing it!
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Joey Krug Apr 18
Replying to @elonmusk
Imagine if had worked at NASA, a car manufacturer, and a bank. SpaceX, Tesla, and PayPal probably wouldn’t exist / if they did would be watered down & not innovative. Instead, he added a fresh perspective. Being too naïve to know something is impossible just sometimes
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Joey Krug Apr 18
Replying to @joeykrug
But the genesis and 0-1 almost never is “I left Y and created X because of all my industry experience”
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Joey Krug Apr 18
Replying to @joeykrug
Or shouldn’t create social networks unless you yourself were super social (zuckerberg is an introvert). The highest ROI exits come from people without industry experience solving a problem that effects them & eventually hiring some people from industry to learn from & scale
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Joey Krug Apr 18
Replying to @joeykrug
Or you shouldn’t create uber unless you were a taxi driver. Or you shouldn’t create a phone unless you were a telecom company. Or shouldn’t create a music player unless you were in the music biz. Or shouldn’t create the web unless you were in media (LOL).
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Joey Krug Apr 18
“X will fail because the team didn’t work at Y.” Anyone who genuinely believes this should read a few history books about disruptions, rarely does it come from the class being disrupted. It’s like saying you shouldn’t invent new transportation unless you were an equestrian
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Joey Krug Apr 18
Read my Apr 18 Newsletter featuring “On usability of blockchain applications”
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Joey Krug retweeted
Alex Skidanov Apr 17
A new blogpost after quite a bit of silence: an overview of problems with Blockchain usability, and how those problems can be solved:
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Joey Krug retweeted
Josh Stark Apr 17
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Joey Krug Apr 17
I’d rather be in the pole position Slack is in than Microsoft teams. & would bet on it from a revenue or bottom line profits perspective
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Joey Krug Apr 17
There’s huge turnover in the SPY recently & mean turnover is increasing over the past few decades. The next wave of huge enterprise companies is the (currently today) smaller companies that use tooling like Slack
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Joey Krug Apr 17
HOA is an example of one with contract, milk is an example of one without
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Joey Krug Apr 17
So these dynamics can exist in assets bought with or without a contract (as rep is going forward)
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Joey Krug Apr 17
Another (super wacky and not 100% apt I know) analogy is like buying milk, if you don’t use it, it spoils
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Joey Krug Apr 17
Yeah, which is *exactly* why I used this simple example, the rep purchase agreements in the crowdsale all stated reporters would have to participate otherwise they’d lose *all* their rep
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