LGHT

sauna notes: 

the existential bottleneck of crypto from my pov is that it is aware of the qualitative functions needed to embolden the quantitative infrastructure 

yet it suffers from two areas of valid concern: 

1. funding is hard to justify for things that don’t equate to metrics 1=1 (ppl have families, bills, responsibilities & there are plenty of margins you can squeeze in a utilitarian pov)

2. talent is plenty in one regard and incredibly sparse in the more meaningful sense (willing but unable, able but unwilling) 

it’s an ironic problem due to the enormous amounts of capital availability for reasonably-objective redundancies, grifts, honeypots, and clones 

doubly ironic due to the fundamental theory of the tech being cooperative, modular, and open; yet struggling comprehensively in materialization

This makes me think of the biking term 'target fixation' if you look at the corner exit all is good but if you look at the 'tree', 'hedge' or oncoming big hard object...
The bottom line and quick gains are very distracting and will always attract resources!