Thesis
Clear theses about markets, primitives, and why onchain systems might win.
Guides
The stablecoin trilemma: decentralization, stability, and capital efficiency
Every stablecoin design sacrifices at least one of three properties. Map USDC, DAI, and algorithmic stablecoins onto the impossible trinity from international economics.
Credit markets without credit scores: how DeFi lending reprices risk
How overcollateralization and algorithmic interest rates replace credit scores in DeFi, what the resulting rates reveal about trustless credit, and why the spread over Treasuries prices decentralization risk.
The Phillips Curve of crypto: token inflation, staking yields, and network activity
Investigate whether higher token emissions buy network activity the way inflationary policy reduces unemployment. The short-run tradeoff is real. The long-run breakdown is predictable.
What are real world assets (RWA)? Bridging traditional finance and blockchain
Understand what RWAs are, why they matter in crypto, and how they connect blockchain technology to traditional asset classes like bonds, real estate, and commodities.
What is onchain? The foundation of transparent finance
Understand what onchain means, how it differs from traditional financial systems, and why blockchain transparency changes economics.
The economic impact of tokenization: how RWAs will reshape global finance
Understand the macroeconomic implications of widespread asset tokenization: capital market efficiency, financial inclusion, industry disruption, and the infrastructure transition ahead.
Real world assets in crypto: market overview and investment considerations
Understand the current RWA crypto landscape, major protocols and issuers, market size, and how to evaluate RWA investments critically.
Real world assets explained: from physical property to digital tokens
Understand the full scope of real world assets, how tokenization works mechanically, and the economic implications of bringing traditional assets onchain.
Prediction markets vs polls: a framework for information quality
When prediction markets outperform polls and when they don't, with a decision framework for choosing the right information source.
Prediction market regulation: CFTC, offshore, and on-chain
Why Kalshi is legal in the US and Polymarket isn't, how regulatory frameworks differ globally, and what clarity would change.
Onchain wallets explained: self-custody and why it matters
Understand what onchain wallets are, how they differ from exchange accounts, and how to evaluate whether self-custody fits your needs.
Onchain auditability: why verifiable revenue changes everything
Public ledgers enable continuous verification of protocol claims. Learn how auditability creates market premiums and enables citizen-detected fraud.