Bits on Blocks - Thoughts on blockchain technology
How effective is buy-and-burn as a number-go-up mechanism? And is it effective enough to counter the number-go-down pressure of token unlocks? This post explores the opposing pressures and describes the concept of an equilibrium The post The Impact of Buybacks and Unlocks on Token Price appeared first on Bits on Blocks .
I have a simple mental model for financial services and blockchains. Before blockchains, customers (people, businesses) would instruct their bank, which would interact with financial rails to execute the instruction. Customers did not have The post Reactive Re-intermediation appeared first on Bits on Blocks .
In this post, I introduce a way to draw payment flows. This method should be helpful for anyone who needs to describe the flow of money as part of their job. So if you The post Master the OIL Schema to Draw Payment Flows Clearly appeared first on Bits on Blocks .
DePIN Decentralised Physical Infrastructure Networks describes companies that are exploring a new capital-light crowdsourcing business model, where contributors participate in the success of the project. DePIN companies crowdsource resources, sell a product to The post A Gentle Introduction to DePIN appeared first on Bits on Blocks .
With the talk of PayPal issuing a stablecoin, the idea of cheapening cross-border payments is bound to come up again. But it s not really about crossing borders, it s a little more complex than that. The post Cross-Border Payments appeared first on Bits on Blocks .
3d content sits in a special place on the content curve; it is categorically different to previous forms of digital content, and opens up an entirely new design space that will affect all industries. The post The Content Curve 3d Content as a Special Format appeared first on Bits on Blocks .
If I am in a workspace in a virtual world and I want to get to another experience, why would I stand on a virtual train smelling a virtual armpit? The post Why Do We Need to Commute in the Metaverse? appeared first on Bits on Blocks .
Introducing the Virtual Worlds Type Indicator (VWTI), an attempt to categorise the universe of metaverses into sensible boxes. The post The Virtual Worlds Type Indicator, or Metaverse MBTI appeared first on Bits on Blocks .
Some people feel they are already living in the metaverse, given how much time they spend staring at screens and interacting with other humans via video conferences and chat groups. Others say we are The post Metaverse Musings Part One appeared first on Bits on Blocks .
Having spoken with a number of industry participants, it s clear to me that the large traders do not expect USDT to depeg. They tend to believe Tether Inc has more than enough assets to cover its The post What if USDT Tether depegged? appeared first on Bits on Blocks .