ICO’s and token generation schemes produce no outcome because the entrepreneurial experiment never ends. No outcome = no new knowledge.https://twitter.com/muststopmurad/status/989305881341972481 …
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Reducing noise + amplifying signal is the only true Entrepreneurial approach :).
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Interestingly, in a meta-way, Sound Money (bitcoin) will enable more accurate price signalling, more accurate Shannon’s Informational surprise, better capital accumulation, and more macro- less gov meddling in free markets.
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That’s because bitcoin measures value outside of itself. Only sound money rooted in the entropy of irreversible time could allow for all of the above.
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Yes. In the same vein, the ratio of “commodity money” to “monetary premium” is even more skewed towards the latter than Gold itself!
End of conversation
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