Daniel McGlynn

@danielmcglynn

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I'll be the first to admit that I fell off. I'm still writing and publishing to the Open Money Project almost every day, which was/is the goal. But I've slowed way down with social sharing and talking about the project, which is also part of the goal. Anyway, still going strong. Maybe, roughly, about half-way through the outline. Today's post: https://www.danielmcglynn.com/decentralized-oracles-bridging-blockchain-and-real-world-data/

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Request for product: A wallet-connected media platform that would allow me to publish longform work, host AMAs or live-interview kinds of formats (almost like an irregular podcast), and host a community where the main focus is a curated news/info feed. The monetization happens in the form of membership. Possibly with different tiers. Does something like this exist?

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We are looking for a social media manager at Nexus. Reach out if you are interested in working on the Verifiable Internet. The role is SF-based. https://jobs.ashbyhq.com/nexus.xyz/c4536d6f-d6d2-44f4-bd3b-9ff327ad8aab

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this week's newsletter is about the missed opportunity of bitcoin reserve announcement. https://www.danielmcglynn.com/reserve-in-name-only/

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@danielmcglynn has casted for the first time in a while.

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The thing about crypto is that, almost since its inception, it’s been defined by its sideshows. First, it was early altcoins — coins that tried to be like Bitcoin, but better. Then came the shitcoins, an industry term of art referring to assets launched with little purpose beyond pumping and dumping. These projects were more like rug pulls that everyone was in on. Today’s sideshow has got to be memecoins. We’ve covered memecoins before, mainly because they’re so interesting. They fascinate because they’re like the internet’s version of a flash mob, but defined by satire rather than spontaneous dance — like there’s some kind of big joke out there, and you can somehow make money off the punchline. In the full arc of crypto’s brief and sometimes convoluted history, these sideshows might be seen as a distraction — like they’re the thing that will never really lead to the real thing.

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Yesterday I found something buried deep in my drive. I started writing it a few years ago and it looks like I stopped at some point. It's more of a well developed outline than a first draft. It was fun to reread it after having completely forgotten about it. I actually thought it was good. Then I thought, "How did I come up with this?"

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I mean, it's Valentine's Day and I just wrote today's post about interoperability in the first principles section of Open Money...

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What comes after the casino culture?

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I'm still working on my daily posts in the hopes of building a book. The work is coming along. Some of the posts are rehashing stuff I've written previously and making it fit in the current format. Other posts are new ideas that are needed to fill out the structure. I just wrapped up section two (or maybe I should start calling these chapters), which was all about money stuff. Now we are on to section/chapter 3, which is all about some of the first principles of Open Money. Next we'll move into how Open Money works in the wild. Thank you to everyone who has checked it out. I appreciate it.

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I still think the killer app will be the ability to make a one-of-a-kind mixtape that somehow degrades over time. Communicating with mixtapes is a lost art, and quite frankly, I think could help a lot of people.

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It's interesting that when you are living through big historic moments you know it's a big deal, but you don't have enough context to understand how big of a deal yet.

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It's important to know who you are writing for. In the case of the Open Money project, I'm writing for my neighbor who stops me in the driveway to ask about NFTs. Or my friend who sends texts asking things like "is dogecoin real?" I've been writing about crypto for going on ten years. A lot of people around here like to say "we are so early." But so what? If all of this still doesn't make sense to people who are trying feed their families or make ends meet, then it feels like more of a game or a toy than a disruptive, society-shifting change. Anyway, I'm writing Open Money for my neighbors and my friends. But I'm sharing it with everyone in the hopes that it makes the work stronger and more useful.

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Today's post: Universal money https://www.danielmcglynn.com/universal-money/

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The resistance will be onchain.

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Today's post is based on a deeper dive about government-backed digital money versus alternatives that I wrote a few months ago. It's striking to me how much the context has changed since then... https://www.danielmcglynn.com/the-role-of-public-money/

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Once I realized that most of the music I like doesn't get played on the radio, I felt a lot better about hitting publish every day. https://www.danielmcglynn.com/adding-to-the-current-money-system/

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Still get that jittery feeling every time I hit publish on a newsletter. https://www.danielmcglynn.com/algorithms-as-ammunition/

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There's a stretch of highway near my house that they've been working one for going on two decades. The goal is to widen it, and to better protect it from future floods. Modernizing an old highway is a slow, painful process. It causes a lot of issues, and like I said, it has for years. In a lot of ways that project is a great metaphor for the move to Open Money. Despite all the degen behavior and the market hype and the other shenanigans that's getting people locked up, we are ultimately talking about an infrastructure upgrade. This is all about making the highways wider and adding new on and off-ramps. https://www.danielmcglynn.com/money-as-infrastructure/

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I'm about 98% sure this is the way things are headed. I'm leaving the 2% for opposite day. https://www.danielmcglynn.com/money-is-still-evolving/

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