Three unique new capabilities web3 makes available to developers and how these primitives unlock opportunities that previously did not exist.

The creator economy has a cold start problem. What social tokens are and why they're a win/win for both creators and fans.

In today's Internet, consumers are renters. About the ownership economy, and why Uniswap > Coinbase.

A framework for economic engines, a comparison of the Bitcoin and Ethereum economic engines, and why Ethereum is undervalued.

How popular stories that go viral can affect economic outcomes, and why it's time to choose to do the hard things.

A 30,000 foot view of crypto, broken down by category, with key definitions and resources.

How crypto networks collapse the cost of large scale network coordination and Big Tech's business model along with it.

Most decentralized finance applications are marketplaces, and marketplaces are hard. A guide to evaluating their health.

How crypto assets fit into Greer's asset superclass framework, how they accrue value and their distinct economic characteristics.

Bitcoin could become a reserve asset, but you're not likely to see stores pricing in bitcoin. Different types of money do different jobs.

How to think about a new money as a venture investment and navigate the path from hypothetical value to real value with Bitcoin.

A simple framework to understand how different types of money emerged and how they interrelate.

The wallet may be the new bank, but the wallet is also who you are and your key to prove it.

The wallet's jobs to be done and why the biggest company in the internet of money will own the wallet.

Why the money in your bank account is not technically yours and how banking-as-a-service will mean big changes in the credit data market.

What is the internet of money? How will it work? Will it use central bank digital currencies, crypto dollars or Bitcoin? Or all of them?

Build something no one else can measure.

Unpacking the software eats the world hypothesis and explaining why and how software eats money.

If AngelList enables any good startup investor to run their own venture fund, who will enable any good money manager to run their own hedge fund? Or mutual fund?

Can software save savings? New thinking for a world with negative real interest rates.

What if thinking about bitcoin in the context of gold is like thinking about Uber in the context of taxis? Bitcoin's competition is not gold. It is non-consumption.

Who are Bitcoin's customers? What jobs does bitcoin do? Is bitcoin digital gold? Is digital gold better than physical gold? Is bitcoin money?

Gold is far more complicated and entrenched in the world than it might seem. Gold is money , and so much more.

From 2017-2019, the Bay Area produced almost three times as many finance startups funded by top VCs as NYC, and these companies raised almost four times as much money.