Libra/Diem ran straight into the last mile money wall.
The original vision was a global digital currency with authorized resellers/partners handling the fiat gateways so users could move in and out seamlessly.
We spent years trying to design the compliance, reserve, and
You should try your best not to be busy with things that do not matter or have a real impact
Its tempting to think doing more will create better results but often people are spending time doing things so they feel better rather than so they have a better outcome
Yesterday Kalshi priced the Wisconsin Democratic Primary at 95–5. The 5% candidate won.
Before the "prediction markets got it wrong" headlines roll in: a 5% probability doesn't mean it won't happen. It means it should happen 1 in 20 times. If 5% candidates never won, the markets