Hasu

great read. here's a fun question: do you think Ethereum is an L2 to USDC, with a single authority bridge? I've only ever seen it discussed the other way around, but this way makes more sense to me

Systems that depend on low latency to work punish higher latency actors, leading to geographical centralization. This post from @phildaian is an essential read for anyone building & investing in blockchain systems.

where the analogy breaks down is that investing simply doesn’t lend itself to a “make your own mistakes and learn over time” attitude. “the psychology of money” is a great read on that topic

Love The Wire, one of my favorite shows

I watched the show and loved it!