do research, learn the technology,
test the product, engage with the community, compare with other projects, read the documentation, look for red flags
2/3 of global GDP
3 billion people
asset utilisation is 75%
down from 95%
source: SweetTalk #1
The pace of innovation is accelerating
The system becomes inefficient
Industrial era concentrates production, capital and risk
Time delay between paying and earning
Unequal access to cheap capital
Unfair competition between large and small companies
Reenforce inefficiency
Large companies are difficult to displace
Generalists are preferred over specialists
Photo by Evan Provan on Unsplash
concentrating production
concentrating capital
concentrating risk
the system becomes inefficient
increasing pace of innovation
human cost
unfair competition
?
Photo by Evan Provan on Unsplash
Photo by Evan Kirby on Unsplash
source: SweetTalk #1
Hard currency, stable, pegged. Provide liquidity in exchange for collateral
Soft currency, volatile. Provides interests free loans, membership, no fee
sources of collateral
real estate
inventory
assets
properties
machinery
crypto
By Laurent Hardy
Everything we use or consume comes directly from nature or it comes from a supply chain. The main problem with supply chains comes from the industrial era, a time when centralisation began. It started by centralising the production, then moved on with capital and finished with risk. Not only does this have human costs, it also creates an extremely unequal and unfair competition between countries for cheap access to capital and creates inefficiencies throughout the whole supply chain itself.
