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Global problems like climate need global digital currencies

It’s Oct. 31, 2021 and the G20 climate summit just concluded. Based on initial assessments of the summit, little of substance has been accomplished. In contrast to the lack of political progress, atmospheric CO2 continues to rise and is now at 413 ppm, a new record despite the global economic slowdown due to COVID. It’s tempting […]

Why coalescence matters in DeFi, not composability.

There’s much talk about composability in DeFi, “you know, like Lego blocks“. However, that analogy (composability === Legos) completely misses what’s special about DeFi. By thinking of Lego blocks, we run the risk of not building all those things which are simply not possible in traditional finance. The ‘boring’ internet (aka everything non-blockchain) is already […]

AI and the rise of zero-cost healthcare

In many AI/ML papers, classifiers are scored by well they do compared to human doctors. For example, a (made up) title could be “MyNextGenClassifier does 0.6% better at finding 2 mm brain bleeds than human radiologists at Memorial Sloan Kettering“. Let’s unpack that. The title implies that the goal is to do “better” than a […]