There are already a million Terra Post Mortems so I won't repeat what's already been said. What I will say is that anyone who was following this debacle could've made a ton of money shorting Luna and UST. Here's a video of me during the crash explaining why I'd went short. My Background with LUNA LUNA … Continue reading The Big Luna Short
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How Terra Works (UST, Luna) – And Why It May be Doomed
With a $18b algorithmic stablecoin named UST imploding, I thought I'd explain how Terra/Luna/UST works for those unfamiliar. Terra is a blockchain built on Cosmos SDK powering a suite of algorithmic stablecoins. The largest of these stablecoins is TerraUSD, or more commonly known as UST, which attempts to track the U.S dollar. The Luna token … Continue reading How Terra Works (UST, Luna) – And Why It May be Doomed
Why the Ethereum Merge is Bullish
Later this year ethereum will deprecate PoW (Proof of Work) and upgrade to PoS (Proof of Stake), dubbed "the merge". This upgrade will be enormously bullish for ethereum for the following reasons: Ethereum staking yield will jump from 4.8% to 10-15%. This is because unburnt fee revenue will start going to stakers instead of miners. … Continue reading Why the Ethereum Merge is Bullish
How NFTs Will Change the World
NFTs have a lot of hype and are a very polarizing topic. In this article I will explain why NFTs will change the world. Note: I have never purchased any NFTs, so I am not shilling any bags. An NFT (non-fungible token) is just a non-fungible digital asset, secured by a decentralized ledger, ie. the … Continue reading How NFTs Will Change the World
Be the Rational Conscious Director Rather than a Slave to your Impulses
Consciousness is the control one has over their life beyond the primal monkey brain of being a slave to one's impulses. Being a slave to one's impulses can feel good in the moment, similar to an empty dopamine high, but ultimately results in the dissatisfaction of realizing one has actually moved further away from their … Continue reading Be the Rational Conscious Director Rather than a Slave to your Impulses
Why Seoul is the Best Modern City
Seoul, South Korea is the most impressive and livable modern large city I've seen, especially when accounting for the value of one's money - with prices a fraction of that of Tokyo and Singapore which are comparably impressive. Seoul is modern, clean, pedestrian-friendly, and innovative. I think that every city planner should be required to … Continue reading Why Seoul is the Best Modern City
My (Miserable) Experience in South Korea’s Mandatory 7 Day Quarantine
I recently underwent the mandatory 7-day quarantine that South Korea imposes on all foreign travelers in addition to the negative PCR test required to fly into the country. Foreigners are assigned to a room in a hotel-turned-quarantine-facility upon arrival, and aren't allowed to leave their rooms during the entire duration of their quarantine. Meals are … Continue reading My (Miserable) Experience in South Korea’s Mandatory 7 Day Quarantine
Why Switzerland has the Best Government System in the World
I believe that Switzerland has the best government system in the world. It is definitely not perfect (it's no liquid democracy), but light years better than every other country's government I've seen. On top of that, the economy is very strong with some of the highest wages in the world. And despite having very low … Continue reading Why Switzerland has the Best Government System in the World
Top 3 Policies and Government Changes Needed to Modernize Humanity
These are what I consider to be the top policies and/or systemic changes needed to accelerate humanity forward: 1. Universal Basic Income Benefits: ends poverty, more freedom, more happiness, more innovation (especially with elimination of need for profit motive) Ease of Implementation: Easy, Impact: High I can't think of a single policy that would be … Continue reading Top 3 Policies and Government Changes Needed to Modernize Humanity
The Downfall of Reddit – Why Reddit Sucks, and How to Fix It
I was first introduced to Reddit in 2008 as a college freshmen when a roommate introduced me to the site. I was instantly hooked, checking it every day. It was an endless trove of information, and the comments section was filled with high quality discussion. I could always count on top comments to correct any … Continue reading The Downfall of Reddit – Why Reddit Sucks, and How to Fix It