Ben Wang

@_BenWang

Cryptocurrency research and investment, deep learning - (theano/tensorflow), python programming

Vrijeme pridruživanja: prosinac 2016.

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  1. Prikvačeni tweet
    3. lip 2019.

    Introducing an on-chain governance solution: rewarded token lock voting. Voters lock tokens which incentivises decisions that increase long term value. Voters get paid to vote based on a dutch auction mechanism.

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  2. proslijedio/la je Tweet
    31. sij

    Someone who copies you is just copying one frame out of a video. If you keep going, you'll find that their video diverges from yours, and probably not for the better.

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  3. proslijedio/la je Tweet

    I had a debate with over whether markets are fundamentally becoming less volatile over time due to technology: we have far deeper and more timely information into the fundamentals of the economy and companies; does this greater information accuracy result in lower vol?

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  4. proslijedio/la je Tweet
    29. sij
    Odgovor korisnicima

    It is two companies at a natural equilibrium in competing for a monopoly market. I.e. duopoly is an illusion created by the necessary economies of scale cutting out 3rd+ place competitors. Coke > pepsi market share (cola). Other equilibria yield smaller (1st - 2nd) differences

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  5. proslijedio/la je Tweet
    12. sij

    If you give a toddler an orange, they'll eat half now and save half for later, safeguarding it fervently. An economic system built on savings rather than consumption usurps power from govts and corporations back to individuals. Saving is innate. Consuming is learned.

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  6. proslijedio/la je Tweet
    9. sij

    Find a product that people use that takes 2-5 transactions and build an interface that batches these into one transaction = profit

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  7. proslijedio/la je Tweet
    29. pro 2019.

    A Nocoiner is just a Bitcoin Maximalist who goes one coin further.

    Tweet je nedostupan.
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  8. proslijedio/la je Tweet
    25. pro 2019.

    If you want to be rewarded, you have to be irreplaceable. If you want to be irreplaceable, you have to be unique. If you want to be unique, you have to be authentic. If you want to be authentic, stop listening to everyone and everything else. It’s drowning “you” out.

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  9. proslijedio/la je Tweet

    We need the Travis Kalanick and Brian Chesky of crypto. Founders who are willing to try different approaches to regulation. Uber and Airbnb broke countless laws in different ways. They gathered enough customers and capital to convince regulators to change. Crypto needs that.

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  10. proslijedio/la je Tweet

    Skin in the game prevents evil, but not stupid. Stupid: cause harm to others and to themself Evil: cause harm to others while benefiting themself So the evil will refrain from negative actions when they have skin in the game. But the stupid will plow ahead.

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  11. proslijedio/la je Tweet
    18. pro 2019.

    Anyone who is serious about investing in crypto should spend some time to study the principal agent problem in microeconomics.

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  12. proslijedio/la je Tweet
    17. pro 2019.

    Almost a year and half later, this continues to feel right. Long, bumpy, sideways ramp of death. You in for the long haul?

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  13. proslijedio/la je Tweet
    16. pro 2019.

    An almost-harmless thing can be quite dangerous when perceived as totally harmless. Example: weed.

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  14. proslijedio/la je Tweet

    Pretty soon, there will be more Facebook "users" than there are people. If you get your news from social media, you'll be getting whatever the sock puppet masters feed you.

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  15. proslijedio/la je Tweet
    Odgovor korisniku/ci

    Just goes to show that everyone is the hero of their own story.

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  16. proslijedio/la je Tweet
    12. pro 2019.

    Business ventures lie on a spectrum of "arbitraginess” At one extreme you have arbitrage — competing to do the same exact thing as everyone else, but a little more efficiently. At another extreme, you have denting the universe — creating new behaviors for people.

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  17. proslijedio/la je Tweet
    10. lis 2019.

    you think you test in prod, but do you test in prod like Boeing used to?

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  18. proslijedio/la je Tweet
    11. pro 2019.

    There’s a whole class of business model that hinges upon *NOT* having engaged users. Gyms depend on users not showing up (but continuing to pay their memberships) to drive margin.

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  19. proslijedio/la je Tweet
    11. pro 2019.
    Odgovor korisnicima

    Blockchain was designed for trust minimisation from everything and everyone, not just legal systems. So it is disingenuous to say it was "designed" for illegal uses. It is its own legal system which is completely neutral to legacy legal systems. It simply doesn't 'care'.

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  20. proslijedio/la je Tweet
    10. pro 2019.

    Inspiration is perishable - act on it immediately.

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  21. proslijedio/la je Tweet

    This is the flow for sending a notification in Slack. Software is hard.

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