2/ In all seriousness, let’s talk about this price bounce. There is a part of me that dreads price action because because of how much it crowds out space for every other conversation. That said, @theonevortex makes the counterpoint here: https://twitter.com/theonevortex/status/1113445199110320128
4/ As if a big, sustained price jump wasn’t big enough news, the SEC got in the game as well, dropping long-awaited guidance on ICOs & token sales. Suspiciously absent is the term “sufficiently decentralized,” replaced instead with the concept “I was a security before I wasn’t” https://www.sec.gov/files/dlt-framework.pdf
10/ While the SEC guidance is about recent and future token sales, this epic thread from @nic__carter takes us on a historical journey through the world of the first ICO all the way back in 2013. Key "Your token’s bold new value capture mechanic has probably been tried before” https://twitter.com/nic__carter/status/1112479150147862528
12/ Lol jk we don’t learn. That delightful video (and the many floating around like it) was from the VeriBlock IEO. @lawmaster mentioned a few weeks ago that the conversation around Exchange offerings dominated Token2049 in Hong Kong and here we are https://twitter.com/BittrexIntl/status/1113123437227229184
15/ In some ways, the pressure that crypto puts on the traditional Silicon Valley model has to do with the fact that it has dynamics of both private and public markets. Even now, funds continue to experiment to find the right combination of startup style equity investment vs more active management.
16/ Ever on the bleeding edge, @a16z made news this week when it came out that the firm is having all of its professionals become registered financial advisors. @polina_marinova explains how this “renouncing [of] its role as a ’traditional VC’” connects to the firms crypto strategy http://fortune.com/2019/04/03/term-sheet-wednesday-april-3/
19/ @Travis_Kling summarizes why Bitcoin is such an important hedge especially for portfolio managers in this moment in a new feature: the LRS Takeaway - a 60 second TL;DR of key content.
23/ When not helping put blockchain on the Presidential agenda, @jbrukh is thinking deeply about…well pretty much every aspect of this industry. Check out this thread sharing his exploration on how to value decentralized governance. https://twitter.com/jbrukh/status/1112778758321332224
24/ For those who need a little TL;DR, in this LRS Takeaway @jbrukh introduces the idea of the ‘decisiveness’ metric - a measure of ‘in how many voting scenarios is a particular stake crucial to whether the proposal passes or fails to pass”
25/ In some ways, all blockchain governance design questions come down to “if we do X, how can people game it?” In this essay, @VitalikButerin explores why addressing collusion requires addressing identity systems. https://vitalik.ca/general/2019/04/03/collusion.html
27/ Phew, lots to talk about this week. Just a few more and we’ll wrap.
30/ For those looking for a more global perspective on Crypto, @wheatpond’s Proof of Work is experimenting with a new column of updates on the Asian crypto scene, powered in large part by @DoveyWan https://proofofwork.news/p/proof-of-work-61
34/ aaaaaand there we have it! LRS41 is in the books. As always, let me know what you liked, what I missed, and especially if they Takeaway videos were helpful. Lastly, sign up to get LRS direct via email below. https://www.getrevue.co/profile/nlw