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In Dapper’s case, VCs kept the company alive during the bear market and the company sold tokens to the public at the same price it sold them to VCs, even though VCs invested first.  source

centralization is a second order effect of decentralization: when all constraints on content are removed, more power than ever accrues to the entity that is the preferred choice for navigating that content; moreover, that power compounds on itself in a… Continue Reading →

The implication is that nuclear capability was a more attainable route to great nation status than was economic dominance; what, then, to make of an industry that can, via private sanction, destroy economic wealth above and beyond government action? source

普京也被他的「大俄羅斯復興夢」迷蔽心竅，一樣被俄羅斯歷史虛無主義的意識形態驅使走上極端。普京認為蘇聯的解體，是民族的恥辱，尤其是遺失了許多領土 source

雖然後來拜登多次譴責俄羅斯，惟大多是「得把聲」的Lip Service，或是聯合其他國家才採取行動，例如聯同歐洲把俄羅斯數家銀行踢出SWIFT國際結算系統，與二話不說便向烏克蘭提供星鏈設備的馬斯克，甚至是首次放棄中立國地位的瑞士，真是完全不能比較 source

中立的瑞士也加入制裁俄羅斯的權貴、官員、州份及公司。請容許我重覆：是中立的瑞士！其他國家呢？一星期前莫斯科所依賴的國家，今日也加入反戰聯盟。這是令人振奮的成果！你不能獨善其身，繼續保持中立。 source

Private market valuations tend to lag public market valuations. This is fantastic for venture investors when you invest in a sector where public market valuations are just starting to expand because you can still get into deals at reasonable prices…. Continue Reading →

但此一小麥交收，不可用美元、歐元、加元，或西方貨幣計算。今後中俄貿易，求仁得仁，只可用人民幣、盧布為貨幣，或回到原始的以物易物。俄烏之戰可以令中國人民與俄羅斯早日實現貨幣聯盟，打破西方美元或歐元壟斷，從此伊朗、古巴、北韓加入一齊玩，實現「非歐美貨幣大東方共榮圈」，亦可謂皆大歡喜。 source

Respect 呢個字，本意係 see the others as who they are ；即係話，人哋本相係乜，你就見到乜；不多，不少，不增，不減。明明係無著衫嘅皇帝，你話聖上件衫好靚，呢個唔係尊重，係擦鞋。擦鞋當尊重，係奴才，係貶低被奉承嘅人，亦貶低自己