This is the inherent schizophrenia of crypto. 

A Delaware C-corp raises equity capital to build a user-facing app, while building an underlying protocol destined to one day welcome as many competitors as possible, and whose token will capture most of the liquid value.

Somehow the team must navigate the contradiction.

The thing that tokens do a good job of is aligning economic incentives and governance of open protocols, specifically as an alternative to companies.

Many are sorta security-like, but global securities laws are balkanized, outdated, and technically incompatible with crypto, so we do this weird decade-long dance.

Zelinsky, right now, in his DC hotel room. https://t.co/CPGUghcCNY

David Reaboi, Late Republic Nonsense

🤣 
https://x.com/davereaboi/status/1895556241453433114

Grok 3 is super impressive, gave quite a detailed answer to this question. Much better than GPT o3-mini-high

real talk. if you suffer from anger issues and violent urges, have a few of these. they will put a bright smile on your face and make peaceful happy thoughts. you only need a few

Why is it that the moment I decide to relax, my brain starts reminding me of all the things I haven’t done?

There’s something about taking and editing pictures that relaxes me and makes me feel like I’m not here .. 📸

tweaking waiting for my neurologist to call me

Beautiful sunrise looking towards Tennyson this morning

Hope is the quiet power that keeps us moving forward.

JaneII

@janeii