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← Utility blockchains that provide useful services tend not to accrue…
17 connected korrents · 16 moments from 1 Jun 2022 to 21 Oct 2026.
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LLMs Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Utility blockchains that provide useful services tend not to accrue much long-term value to their coinholders, unlike a winning monetary protocol. Utility blockchains that provide useful services tend not to accrue much long-term value to their coinholders, unlike a winning monetary protocol. Last stated 11 months ago
1 Dec 2025
LA
Lyn Alden — holds since 2025-12-01 — tap for who they are
Same subject: The decentralization of cryptographic networks is shifting from purely a safety burden to, in a few limited cases, a performance strength. — tap to centre the map on it The decentralization of cryptographic networks is shifting from purely a safety burden to, in a few limited cases, a performance strength. Last stated a month ago
27 Sept 2026
VB
Vitalik Buterin — holds since 2026-09-27 — tap for who they are
Same subject: Decentralized networks can be both principled and mainstream-popular without giving up usability. — tap to centre the map on it Decentralized networks can be both principled and mainstream-popular without giving up usability. Last stated 3 months ago
14 Aug 2026
TM
Tom MacWright — holds since 2026-08-14 — tap for who they are
Same subject: Internet companies' monetized demand routing has created inefficiency; it is not all deadweight loss, but it is not great. — tap to centre the map on it Internet companies' monetized demand routing has created inefficiency; it is not all deadweight loss, but it is not great. Last stated 4 weeks ago
9 Oct 2026
PC
Patrick Collison — holds since 2026-10-09 — tap for who they are
Same subject: Decentralized finance mainly converts custodial risk into technical risk rather than eliminating risk altogether. — tap to centre the map on it Decentralized finance mainly converts custodial risk into technical risk rather than eliminating risk altogether. Last stated 11 months ago
1 Dec 2025
LA
Lyn Alden — holds since 2025-12-01 — tap for who they are
Same subject: Most of the gain in tokens per dollar per watt comes from software, not from new hardware — 5x, 10x, sometimes 40x on one model family. — tap to centre the map on it Most of the gain in tokens per dollar per watt comes from software, not from new hardware — 5x, 10x, sometimes 40x on one model family. Last stated 12 months ago
12 Nov 2025
SN
Satya Nadella — holds since 2025-11-12 — tap for who they are
Same subject: As Bitcoin's ecosystem matures and regulatory clarity increases, idiosyncratic 'Black Swan' shocks to its price will become less frequent. — tap to centre the map on it As Bitcoin's ecosystem matures and regulatory clarity increases, idiosyncratic 'Black Swan' shocks to its price will become less frequent. Last stated 2 years ago
24 Sept 2024
LA
Lyn Alden — holds since 2024-09-24 — tap for who they are
Same subject: Bitcoin's use as a medium of exchange will only grow at scale if it solves problems for spenders or recipients better than existing alternatives. — tap to centre the map on it Bitcoin's use as a medium of exchange will only grow at scale if it solves problems for spenders or recipients better than existing alternatives. Last stated a year ago
6 Jul 2025
LA
Lyn Alden — holds since 2025-07-06 — tap for who they are
Same subject: The set of tradeoffs for users of cryptographic networks is radically changing. — tap to centre the map on it The set of tradeoffs for users of cryptographic networks is radically changing. Last stated a month ago
27 Sept 2026
VB
Vitalik Buterin — holds since 2026-09-27 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 11 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A contested or overturned election would permanently damage America's animal spirits, investment, productivity growth, Treasury yields, and the dollar. — tap to centre the map on it A contested or overturned election would permanently damage America's animal spirits, investment, productivity growth, Treasury yields, and the dollar. Last stated 2 weeks ago
21 Oct 2026
BD
Brad DeLong — holds since 2026-10-21 — tap for who they are
Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are among the most ruinous economic policies a government can impose. Last stated 2 months ago
18 Sept 2026
SS
Scott Sumner — holds since 2026-09-18 — tap for who they are
Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means prices decrease as well as increase. Last stated 2 months ago
13 Sept 2026
PG
Paul Graham — holds since 2026-09-13 — tap for who they are
Same subject: Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it. — tap to centre the map on it Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it. Last stated 3 months ago
22 Jul 2026
AT
Adam Tooze — holds since 2026-07-22 — tap for who they are
Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. Last stated a year ago
21 May 2025
EZ
Ed Zitron — holds since 2025-05-21 — tap for who they are
Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. Last stated 8 months ago
3 Mar 2026
SB
Sanjay Bakshi — holds since 2026-03-03 — tap for who they are
Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes from its productivity, not from the financial system or stock market. Last stated a month ago
25 Sept 2026
MM
Mr. Money Mustache — holds since 2026-09-25 — tap for who they are
At the centre
Utility blockchains that provide useful services tend not to accrue much long-term value to their coinholders, unlike a winning monetary protocol.
Holds Read this korrent →
The decentralization of cryptographic networks is shifting from purely a safety burden to, in a few limited cases, a performance strength.
Holds
Decentralized networks can be both principled and mainstream-popular without giving up usability.
Holds
Internet companies' monetized demand routing has created inefficiency; it is not all deadweight loss, but it is not great.
Holds
Decentralized finance mainly converts custodial risk into technical risk rather than eliminating risk altogether.
Holds
Most of the gain in tokens per dollar per watt comes from software, not from new hardware — 5x, 10x, sometimes 40x on one model family.
Holds
As Bitcoin's ecosystem matures and regulatory clarity increases, idiosyncratic 'Black Swan' shocks to its price will become less frequent.
Holds
Bitcoin's use as a medium of exchange will only grow at scale if it solves problems for spenders or recipients better than existing alternatives.
Holds
The set of tradeoffs for users of cryptographic networks is radically changing.
Holds
A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A contested or overturned election would permanently damage America's animal spirits, investment, productivity growth, Treasury yields, and the dollar.
Holds
Draconian price controls are among the most ruinous economic policies a government can impose.
Holds
Dynamic pricing means prices decrease as well as increase.
Holds
Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it.
Holds
A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price.
Holds
A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack.
Holds
A society's prosperity comes from its productivity, not from the financial system or stock market.
Holds