Long Reads Sunday #42. Who woulda thunk it, that after all the tension, infighting, and tribal bickering, the thing that gets us to lay down arms and unite against a common foe is a threat to dox a spacecat. Saddle TF up, it’s an up in arms long reads time.
2/ Here’s the TL;DR. Craig Wright, who is absolutely and most definitely Satoshi, upped the stakes on his campaign against those who claimed otherwise by offering a $5000 bounty to reveal the identity of @hodlonaut (aka the person who kicked off the #LNtrustchain)
3/ It was a step too far. Pomposity, outlandish claims, and outright scams are par for the course in crypto. But an outright attempt to dox someone is a straight up “fuck you” to everything anyone legitimately in this space believes in.
11/ Indeed, one of the major issues at the moment is protocol level funding and treasury management. Back in Ethereum, there is a serious and sometimes heated ongoing conversation about protocol level funding and the right ways to incentivize developer contributions. https://twitter.com/ameensol/status/1115369399504916480
13/ Tom provides an LRS takeaway, noting that 1) projects need money to continue; 2) treasuries = fork resistance; and 3) that community-allocated treasuries are likely to be a continuing trends.
15/ Another great place to get a sense of everything trending - controversial and otherwise - is the brand new Quarterly Macro Outlook from @Delphi_Digital. I contributed my latest #NarrativeWatch piece about 5 conversation I see shaping the crypto conversation. https://twitter.com/Delphi_Digital/status/1116717547485892609
17/ When it comes to IEOs, I tend to agree with @cburniske’s assertion that we’re at the beginning rather the end of experiments in capital formation. How much momentum any particular approach picks up will depend quite a bit on the nature of the conversation we have about it. https://twitter.com/cburniske/status/1115022226745647106
18/ Regardless of one’s thoughts on IEOs, the relative power exchanges have in shaping the crypto markets right now is undeniable. To dig deeper with how one of the biggest players in the space things about things, check out @Venturecoinist vastest interview with @CryptoHayes. https://twitter.com/VentureCoinist/status/1116518727787450368
23/ Let’s bop on over to Europe for a second where the French National Assembly actually made it easier for life insurance companies and pensions to invest in crypto. Given how huge the resources those types of firms allocate, it seems like a big deal. https://twitter.com/Melt_Dem/status/1116741767909597185
27/ In more positive regulatory news, however, @blockstack announced that it was filing for a fully compliant, Reg A exempted $50m token offering. Reg A is a more difficult compliance, and the sale could set a good precedent. https://twitter.com/muneeb/status/1116312227995357185
29/ To get a better sense of exactly what the state of the market is, as institutional investors see it, check out the livestream recap from @arca’s second annual #FO256 event, hosted by @DavidJN79 https://www.ar.ca/fo256-live-stream
30/ And if family offices getting hotter on crypto isn’t enough to get you going, how about the biggest YouTuber in the world moving his streaming to a crypto-focused platform? Lots to dissect here, but affirms the continued interest in alternatives to today’s centralized networks. https://twitter.com/mdudas/status/1116092279310229504
31/ Okay okay, we’re already in the 30s and this LRS is getting a little long. I know you have the GoT premier to get to, so let’s do just a few more sundry gems.
32/ DEXes are one of the more interesting pieces of infrastructure coming online, complete with new arbitrage models that surround them. For some fascinating thinking around decentralized exchange arbitrage, check out this essay and thread from @phildaian https://twitter.com/phildaian/status/1116155236433956865
36/ As usually, please let me know what I missed and what you loved. Sign up for LRS via email here - special goodies this week for email subscribers only. https://www.getrevue.co/profile/nlw
And now, it must be said…WINTER IS HERE!