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Why Most Cryptocurrencies Won’t Accrue Value
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20 September
Writes The Pragmatic Engineer, the software-engineering newsletter, and wrote The Software Engineer's Guidebook. Formerly an engineering manager at Uber, and at Microsoft/Skype and Skyscanner before that.
Talked with a company where, a year ago they had unlimited AI budgets + CEO is technical and very bullish in AI “We now have a daily budget limit for SOTA models. Use Fable and Astra only for planning, cheaper models are good enough for everything else.” Want to stress this is an “AI-pilled” company, and not one that ever looked at AI budgets, before. Related
19 September
Economics writer; author of the Noahpinion newsletter.
This is very bullish for cybersecurity in the age of AI. Quoting @a16z Greg Brockman says OpenAI pointed Astra at its own systems until it ran out of vulnerabilities to find: "We took 25% of our production engineers and said, 'Sorry, all your projects are on hold. You are now defending. You are now up-leveling our security architecture. You're going to use the models… Related
17 September
Forecaster, founder of FiveThirtyEight, author of The Signal and the Noise and On the Edge. Writes Silver Bulletin, where the predictions come with numbers and the numbers are later checked against what happened.
15 September
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
The Clarity Act cloture vote has failed by a 49–50 margin; well short of the 60 votes needed. No Democrats crossed over to vote for the bill, and three Republicans voted against. Senator Collins’ (R-ME) NO vote on Clarity was the most surprising today. She was defending the bill to constituents as recently as last week. My guess is she did not believe the bill had a chance to pass, and was more worried about defending a yes vote as her re-election prospects look slimmer. #crypto #cryptocurrency #USpol #USpolitics crypto Related
Writer and former McKinsey/BCG strategy consultant; author of The Pathless Path and Good Work, about leaving the default career track. Publishes the Boundless newsletter and podcast.
I am very bullish on memoirish writing. No one wants generic how to writing anymore. You’re indistinguishable from an LLM Quoting @p_millerd This is 100% the right thing to do The number one thing people say about my books is that they love reading my honest personal reflections. It enables them to connect to it If you water it down to pure ideas maybe you can crush a mass market but no one will connect with it LLMs Related
14 September
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
Newsletter: The supposedly “unprecedented” ethics restrictions in the industry-written Clarity Act exempt Trump’s crypto businesses and leave enforcement to his loyalists. Senators must vote no on cloture tomorrow. https://www.citationneeded.news/clarity-act-ethics-charade/ #crypto #cryptocurrency #USpol #USpolitics #ClarityAct #CitationNeededNewsletter crypto Related
3 September
Co-founder and CTO of Linear; previously an engineer at Uber.
Bullish on the bull case. Quoting @HarryStebbings The Bull Case for Linear Being a $100BN Company: "Linear is the clear winner. They have built an agentic product first that allows us to build 100x more software, and that means 100x more features than ever before. Humans cannot keep up with it, and humans still have to work with agents. If every h… Related
31 August
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
Newsletter: The SEC’s “Reg Crypto” aims to carve out exemptions, the CFTC wields emergency powers to shield prediction markets from state regulators, and a Trump family crypto firm gets a bank charter. https://www.citationneeded.news/issue-109/ #crypto #cryptocurrency #USpol #USpolitics crypto Related
29 August
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
A bit rich for Senator Bernie Moreno — by far the #1 beneficiary of crypto super PAC spending in 2024, now a champion of the industry's legislation — to accuse anyone of caping for special interest super PACs #crypto #cryptocurrency #USpol #USpolitics crypto Related
11 August
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
Spotted in Coinbase’s most recent 10-Q: Coinbase has stopped using trading volume as a key metric, which is I’m sure completely unrelated to the 38%/48% decrease in spot trading volume they reported over the past three/six months #Coinbase #crypto #cryptocurrency crypto Related
27 July
Software engineer, Wikipedia editor and crypto critic; writes Citation Needed and runs Web3 is Going Just Great.
17 July
General partner at Andreessen Horowitz from 2013 to 2018 and CTO of Coinbase from 2018 to 2019; co-founder of Counsyl and Earn.com. Wrote The Network State (2022), free in full at thenetworkstate.com, and founded the Network School.
I don’t usually post DMs, but this is a rare exception as I actually asked him before doing so and he consented. Danial is a local Malaysian. Several months ago he asked “Would be cool if you could repost our current portfolio of projects as well, under KD Labs 👀”. I invited him to the Network School campus, as I do many Malaysian builders. He also said he wanted to build a virtual campus for Malaysians, a similar vision to me regarding a network state. Of course, I support him in that vision! And of course it shows that the concept of the network state, like the concept of cryptocurrency, h… Quoting @masterofnone The Network School (@ns) drama is all over the Internet What's really happening? I'm Malaysian & Irish ~ born and raised in London. Recently moved back to 🇲🇾 for good. My plan? To help build Malaysia's AI Builders Hub (@KrackedDevs) ~ upskilling our people, pulling Malaysian builders together, an… Related
4 July
Geneticist and writer on human population genetics, deep history and evolution; author of the Unsupervised Learning newsletter.
4 April
Founding member of OpenAI and former director of AI at Tesla; creator of nanoGPT and the term "vibe coding".
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Something I've been thinking about - I am bullish on people (empowered by AI) increasing the visibility, legibility and accountability of their governments.
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@karpathy on X x.com
1 January
Long-time Debian developer and free-software maintainer (remctl, INN, pam-krb5) who has published book reviews on his personal site since the 1990s.
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I didn't read much non-fiction this year, but the best of what I did read was Zeke Faux's Number Go Up about the cryptocurrency bubble. This book will not change anyone's mind, but it's a readable and entertaining summary of some of the more obvious cryptocurrency scams. I also had enough quibbles with it to write an extended review, which is a compliment of sorts.
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eyrie.org
1 December 2025
Investment researcher and engineer who runs Lyn Alden Investment Strategy, writing on macroeconomics, currency systems and equity analysis.
25 September 2025
Independent AI policy researcher; led policy research at OpenAI from 2018 to 2024, latterly as senior adviser for AGI readiness.
17 September 2025
Freelance research analyst and writer of the blog Aceso Under Glass, known for 'epistemic spot checks' of non-fiction claims.
FTX, Golden Geese, and The Widow’s Mite From 2019 to 2022, the cryptocurrency exchange FTX stole 8-10 billion dollars from customers. In summer 2022, FTX’s charitable arm gave me two grants totaling $33,000. By the time the theft was revealed in November 2022…
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