One of the best thing Satoshi did for Bitcoin is disappear. No media. No fame. No glory. No attack vector. No centralization. No ambiguity. Satoshi made it all possible. Thank you and respect.
A 🧵thread on the overview of #ZeroKnowledge's Landscape, Points of differentiation between projects & Valuation difference.
This is my attempt to compile the current landscape of ZK, If there is additional info/updates, do reach out via DMs.🙏 (1/13)
Protocols struggling to find its product-market-fit and fixed rate products cant justify itself in the low yield new normal.
DeFi stablecoin base yield is 0.2-0.8% while 4-week US-T-bill is yielding 1.26%.
When currency systems fail, they often try to block the exits.
This impacts people in developing countries frequently; it often becomes a crime for them to hold foreign money. Their savings get corralled into a failing currency.
Today, the Supreme Court not only reversed nearly 50 years of precedent, it relegated the most intensely personal decision someone can make to the whims of politicians and ideologues—attacking the essential freedoms of millions of Americans.