Liquidity, incentives, cycles and risk — how value is created, transferred and sometimes destroyed.
Page 1 of 4
RSS feed
The price governing trillions in crypto derivatives liquidations and settlement is not derived from assets changing hands — it is derived from quotes. This is a proposal to replace the benchmark with one anchored to on-chain settlement, where the only way to move the price is to actually trade.
"The property market has not been growing — it has been deferring. A prosecutorial essay on how debt props up prices, rent strips incomes, and the UK's illiquid conveyancing system quietly extends the default."
A meditation on how water, trade routes, and the physics of movement shaped where cities formed—and how the human body itself quietly authored the logic of streets, corridors, and built space.
Modern businesses don’t just sell products—they build systems. From cross-subsidy and loss leaders to subscriptions like Prime, profitability is increasingly engineered across an ecosystem, over time, by shaping habit and default choice.
An introduction to GigFin, a free and open source income tracking app built for gig workers navigating multiple platforms and seeking clearer insight into their earnings.
Exploring how quantitative easing and tightening reshape the dollar’s balance-sheet architecture, and how taxation functions as a burn mechanism within a fiat token system.
In a post–gold standard world, the US dollar behaves less like a claim on scarce metal and more like a state-issued token—making taxes less about “funding” government and more about burning tokens to manage inflation and anchor demand for the currency.
A meditation on the cyclical rhythm of history—how moments like 1918, 1920, and 1929 reveal repeating human patterns of crisis, forgetting, and consequence, and what it would mean to truly learn from them.
Time changes value, and every choice carries a “compared to what?”—a lens that links the time value of money, opportunity cost, and discount rates to real decisions in life and business.
A practical lens (T5) for seeing the transactional rails beneath modern life—Asset, Price, Ledger, Protocol, Power—and for designing humane counters: thick consent, commons-first systems, and dignity-preserving friction where it matters.
