This is a brilliant article from Dan Kahan on the limitations of owning an NFT, and what to look out for when you buy one. Most people are sold on NFTs as an immutable digital good that will never vanish because it’s “on the blockchain”. Kahan opens our eyes to what owning an NFT really means, and why it’s important to understand who is issuing your NFT and how they’re doing it. This is a must-read for anyone that owns an NFT or would like to in the future.
This is probably the longest podcast I’ve ever listened to at 3 hours 43 minutes, but it’s also one of the most interesting and thought-provoking. Balaji speaks on so many different topics at such an intellectually high level that it’s hard not to wonder how his brain works. Give it a listen if you’re curious why he recommends a 50/50% investment split for Bitcoin/Ethereum, why “citizen journalism” is the future of media, and how to get paid in bitcoin for solving problems.
Anthony Pompliano wrote an essay on a conversation Tim Ferriss had with investor Graham Duncan on Tim’s podcast. In their conversation, Duncan talks about the idea of being a “time billionaire”: having a billion or two billion seconds left in your life (one billion seconds is the rough equivalent of 31 years). Pomp argues that society tends to overvalue dollar billionaires, but undervalues time billionaires. I couldn’t agree more.