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There is a primal demand for extreme sports type thrills via finance. This includes cryptocurrencies, Tesla stock, S&P put options, and liquidity mining. Investing is a form of entertainment like riding a roller coaster or watching a horror movie. The ticket fee you are paying is in the form of possible investment losses. Invest your … Continue reading Investing as Entertainment
This essay was originally published on Forefront. Crypto is partly a resistance to the decline in ownership. Home and car ownership have declined. Digital goods are rented on platforms. Software is licensed via subscriptions. But you actually own the private keys to your crypto. That opens up a universe of internet-native assets that you can … Continue reading Asset Light in the Physical World. Asset Heavy in the Digital World.
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