🔥 109 DAY STREAK
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
Stashing since Feb 15, 2018
1.43K Stashed Ideas
Bitcoin created a decentralized monetary system which can transfer money from one person to another. That only allowed for monetary transactions, there was no way to add conditions to those transactions:
Alice can send Bob 5 BTC, but she couldn’t tell Bob that he will get the money only if he performed certain tasks.
These conditions are a smart contract: self-executing with specific instructions written in its code which get executed when certain conditions are made.
Say Alice wants to buy a house. The seller will receive the funds only if property rights are cleared and after the rights have been transferred over.
The Buffett Indicator is the ratio of total the United States stock market valuation to GDP. It is said to be the best predictor of market corrections or crashes.
As of May 6, 2021:
Historically, when the stock market went above GDP by 50-100% it crashed, going below GDP. 2021 is the year in the last 100 years when the ratio was over 2x the largest stock market in history.
In science, the term “Goldilocks Zone” describes the distance a planet needs to be from the star at the center of its solar system in order to potentially support life with water. Too close, and water will evaporate from the heat. Too far, and it will freeze from the cold.
Earth inhabits a Goldilocks Zone. It’s just right — for us. But in the grand scheme of things, it’s skewed towards an extreme. The vast majority of planets are either far too hot or too cold for liquid water.
Steem is a blockchain that supports community building and social interaction with cryptocurrency rewards. The concept of Steemit is like a decentralized version of reddit.com.
Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy.
It is a token for the decentralized ad exchange. BAT connects advertisers, publishers, and users, creating a new, efficient marketplace.
The token is based on Ethereum technology, an open-source, blockchain-based distributed computing platform with smart contracts. The token is derived from – or denominated by – user attention. User attention is anonymously monitored in the Brave browser and publishers are rewarded accordingly with BATs. Users also get a share of BATs for participating.
Ethereum's initial success can be attributed to a few elements. Ethereum is programable, meaning apps can run on the Ethereum blockchain. This is what let to Ethereum being used in:
They are all basket of assets you are trading in bulk:
Investing is not magic. Remember that ...
If you can stick around long enough and keep learning, you will be successful at this game. Learn the basics and practice.
The most widely used status reporting framework is PPP which stands for Plans, Progress, and Problems. The compiled weekly report is then shared with leaders, team managers and co-workers. It’s used by companies like Skype, eBay and Facebook.
PPP template has 3 categories:
The most important rule of product organizational structures is that they should closely mirror the partner functions. So engineering, product management, and design should tend to have structures that match each other whenever possible.
Product teams tend to work best when aligned with how engineering, design, and other partner functions are structured, so there are 1:1 relationships between leadership roles in those functions.