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Token Daily for Sept 5

Head's up: we're OOO tomorrow and Friday
...but we'll be back in your inbox on Monday.


TWEET OF THE DAY



"Considering taking V2 public. Multisig secured."


- Tom on 0x v2 (beta) going live. The bug bounty's up too.
 

 
  

IN CASE YOU MISSED IT



πŸ€” Goldman Sachs drops bitcoin trading plans Kind of. According to recent reports, Goldman Sachs will continue to put off trading actual bitcoin. But, as Nathaniel Popper has noted, the firm is still moving forward with trading crypto futures and forwards for clients.


🐦 Twitter, but on the blockchain During a Congressional committee Wednesday, Twitter CEO Jack Dorsey said he's looking into blockchain solutions to verify user identity and fight misinformation on the platform. According to Jack, blockchain has "untapped potential around distributed trust and distributed enforcement." 


πŸ‡¦πŸ‡· 
Ripio rolls out crypto-powered loans across Latin America. S/O to Leigh Cuen for candidly opening the Coindesk article with: "Here's something you don't see every day: an ICO that has actually led to a shipped, working financial product."


For a complete list of today's trending articles, head on over here.


  

READS OF THE DAY



πŸ“– Principles of Bitcoin Come for the BTC price, stay for the principles. A wiki primer on the fundamentals of Bitcoin.


  


πŸ“– Let's Ditch "Decentralized" Tony Sheng on the meaninglessness of the term "decentralized" and quantifiable alternatives we should use instead. 


  
 

THOUGHT OF THE DAY


Opinions and observations from our readers. Have a thought you'd like to share? Reply directly to today's issue, and we'll review your submission.

Ari Paul:
 

"I’m often asked for advice by people looking to break into cryptocurrency. Hopefully, the following is helpful – I cover a very broad variety of backgrounds and goals (accountants, lawyers, traders, developers, etc).

First – we’re at the β€œsweet” spot for job hunting in cryptocurrency right now. A year ago, there were hardly any options. There simply weren’t many cryptocurrency companies or investment firms on the planet and those that existed were small and mostly hiring via personal relationships. Today, there’s a wonderful set of options that span the spectrum of risk and upside potential.

Before diving into specific career paths, let me ask you three important questions to start noodling on:"



Read the full Token Daily exclusive over here.
 
      
QUESTION OF THE DAY 


In the future, do you think everyone will be using DEXs? Or both DEXs and centralized exchanges?

Radar Relay's Alan Curtis weighs in.

 

  
LAUNCHES OF THE DAY 


πŸš€ Dmunity: Reddit curation markets. Import your Reddit account and receive more tokens based on the amount of karma you already have.
 

      



🌏 FOAM map user guide: In anticipation of FOAM's launch tomorrow, the team's published a step-by-step guide for cartographers who will contribute to building a consensus-driven map of the world.


      

 

THING TO KNOW


Schelling Point

A point people converge on without formal communication because it seems natural or relevant. Economist Thomas Schelling illustrated this point by asking a group of students where they would meet a stranger in NYC. The most common answer, or "natural" point, was Grand Central at noon - for no specific reason.

The inherent challenge is: how do you get parties to converge on these choices without communicating? One example of Schelling point in Bitcoin is its fixed supply. Bitcoin is a social phenomenon - its 21M hard cap is a Schelling Point enforced by social consensus, not by code. 


πŸ™ŒS/O to Ana Olsson for requesting today's Thing to Know
 

  
 



 

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