"1/ Narrative that got my parents to understand cryptocurrencies (took many conversations and patience):
If you were to create ideal money from scratch (forget what we know now), you’d want it to be 1) Digital b/c you don’t want to carry your coins or change around. *nods head*"
- Linda with one of the most comprehensive, succinct threads on why cryptocurrencies are important.
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READ OF THE DAY
📖Framework For Understanding Blockchain's Next Chapter: Hybrid Financial Instruments. Caitlin Long describes the latest blockchain trend on Wall Street and lays out the differences between legacy and crypto settlement systems. From Caitlin's perspective, the category of “crypto wrapped around legacy” hybrids involves fewer operational risks than the category of “legacy wrapped around crypto” hybrids. More on what each classification means for the future of finance here.
RECOMMENDATION OF THE DAY
Staking Economy At this pace, each vertical, coin, and meme in crypto will have its own unique newsletter. But Staking Economy is one worth adding to your list. The newsletter covers all things PoS related - here's the most recent issue, The Third Party Stakonomy which covers Generalized Mining from an LP perspective as well as Staking as a Service marking the return of fractional banking.