Also another, related point is that as far as I can tell every decentralized crypto project has some central group of decision-makers who actually run the project, and then a veneer of decentralization. Shouldn’t the holders of Pollen tokens get to decide on its monetization strategy? Lol, no, absolutely not. Sure if they were shareholders of Pollen they’d have some legally binding governance rights. But they’re not.
Money Stuff: ChatGPT Is Not Much of a Pitch Robot
from Matt Levine ✉️
Filed under:
Related Notes
- If all the burghers of Small Town USA get together and say “we want...from Matt Levine
- It is funny to imagine an end state here in which markets are entir...from Matt Levine
- After 2008, there was a perception that the government was implicit...from Matt Levine
- much of the time, the crypto ecosystems seem to be built by pretty ...from Matt Levine
- from the SEC’s perspective the important thing here is that the rul...from Matt Levine
- if the US government *does* default, that will probably cause the p...from Matt Levine
- The very most important thing to understand in finance and economic...from Matt Levine
- Every so often the US government thinks about defaulting on its deb...from Matt Levine