The purpose of this note is to suggest a framework for evaluating different types of players/use cases in the Blockchain ecosystem (BCE) and their viability at the current stage of the BCE development. It is done by identifying key value drivers (KVDs) of the BCE, applying KVDs to find out…

The evolution of Machine Intelligence (or Artificial intelligence, AI) is one of the main trends shaping the future of humanity. It is a critical piece in addressing the aging population, stagnating productivity rates, and falling efficiency of energy production. It will also be crucial to our expansion beyond Earth. …

In this note, we look at network integrity/total fees dynamics as a driver of a multichain environment. We suggest that it’s not the difference in blockchain features that will ultimately define the winners, as features can and will be copied, but the perceived integrity. We also suggest that integrity is…

Replacing fossil fuels as a source of energy is important for several reasons: energy independence, for places with limited reserves; climate change; and countering the inevitable increase in costs of extraction of fossil fuels. Below we discuss multiple elements of our future transition to the net-zero emissions (NZE) world. This…

This is an overview of our situation with climate change in 2021. It covers what is happening, why it is happening, where we are now, and where it all currently going. What is happening? Earth is changing because of global warming, which is a global average temperature increase over preindustrial times (1850–1900). …

With so many innovations emerging every day, it is easy to get lost in the noise. Are these innovations merely random and disconnected, or are there some major trends underneath them all? Imagine you are observing Earth from outer space as a guest from another planet. A year on Earth…

Below are the books with ideas I found useful in work and life. The books are grouped in a few sections and listed in the order I’d read them. Investing Dear Chairman Tap dancing to work One up Wall Street A random walk down Wall Street Berkshire Hathaway letters to shareholders …

The case for switching from “either-or” to “let’s have both”. The discussion about raising the capital gains taxes rates (CGTR) has been going for quite a few years now. The proponents of raising CGTR point out that reach people receive a bigger share of their income via capital gains than…

July, 12 2019 This note argues that a long-term return of an investment strategy is necessary limited by the amount of effort put in by an investor. Hence a long-term return of an index fund should be driven by the level of effort put into managing it and be similar…