Crypto Is Bad in All Sorts of Ways
Environmental destruction, greater fool economics, regulatory arbitrage, and ransomware's favorite payment method. The SEC was right all along....
41 articles with this tag
Environmental destruction, greater fool economics, regulatory arbitrage, and ransomware's favorite payment method. The SEC was right all along....
Over 45 years, I noticed a pattern: I keep building things that later become billion-dollar companies....
The hardest skill in software engineering isn't writing code - it's knowing when to delete it. Stories of systems that improved by subtraction....
I joined the Navy at 18 and got deployed to Desert Shield right out of boot camp....
What I learned doing technical due diligence on blockchain startups seeking funding. The technology works - for exactly one use case....
Netscape's IPO established the template for modern startup culture: growth over profit, massive early valuations, and boom-bust rhythms....
ICQ invented instant messaging and reached 100 million users. Then it died through corporate neglect, software bloat, and missed mobile transition....
NFTs crashed nearly 90% from their 2021 peak. This was predictable from the start....
Every startup success story is a lie by omission. The media compresses years of grinding, pivots, and near-death experiences into a simple narrative....
Andrew Fluegelman shipped PC-Talk in 1982 and asked users to mail $25 if they liked it. Doom, WinZip, and id Software grew from the same honor system....
Founder ego sinks more startups than market fit or capital. The patterns I keep seeing on due-diligence calls, and the questions that surface them....
Programming in the pre-internet era meant libraries, magazines, and BBSs....
