"I will start with the conclusion: my piece failed. Nothing has changed. DeFi-driven blowups have continued. Therefore, in the strongest possible terms, I repeat,...
“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action...
“What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests on secure titles to ownership...