The SEC Speaks On Tokens
Yesterday the SEC issued a report of investigation finding that DAO Tokens are securities under U.S. law. This report sent shock waves across the crypto sector leading to roughly 10% declines in the major cryptocurrencies. I must have received a [...] Read more
Uncertainty Wednesday: Functions of Random Variables
Just as a reminder, we have been spending the last few weeks of Uncertainty Wednesday exploring different measures of uncertainty. We first looked at entropy which is a measure based only on the states of the probability distributions itself. We [...] Read more
Zemanta – From SeedCamp to Outbrain
In the summer of 2008, I attended the SeedCamp in London and the winner of that class was a company called Zemanta, out of Ljubljana Slovenia. I was taken with everything about Zemanta; a small team (three founders), out of [...] Read more
Attention on Digital Monopolies
The dominant position of companies such as Google, Facebook, Amazon is sure receiving a lot more attention these days. There is critical media coverage, including in traditionally pro business publications such as the Wall Street Journal “Can the Tech Giants [...] Read more
Homo Deus by Yuval Harari (Book Review)
I previously wrote a review of Yuval Harari’s Sapiens, which I highly recommended, despite fundamentally disagreeing with one of its central arguments. Unfortunately, I cannot say the same about Homo Deus. While the book asks incredibly important questions about the [...] Read more
Uncertainty Wednesday: Continuous Random Variables (Cont’d)
Last time in Uncertainty Wednesdays, I introduced continuous random variables and gave an example of a bunch of random variables following a Normal Distribution. Now in the picture you can see two values, denoted as μ and σ^2, for the [...] Read more
Be Careful of What You Wish For: Token/ICO Edition
I have written several posts on token sales and ICOs already, including some “Thoughts on Regulating ICOs” and “Optimal Token Sales.” With the continued fundraising success of new projects, here are some observations on investment terms and their potential implications [...] Read more
Easy Come, Easy Go
I saw a friend last night who has been trading fiat currencies for thirty years. He looked at the Bitcoin chart and said "I would be worried about Bitcoin if I were you." He knows that we own a fair [...] Read more
Uncertainty Wednesday: Continuous Random Variables
So far in Uncertainty Wednesdays we have only dealt with models and random variables that had a discrete probability distribution. Often in fact we had only two possible states or signal values. There are lots of real world problems though [...] Read more