By MD, cryptochefs. All views are MD’s own.
We were having a discussion in the team discord the other day about deflationary tokens. This was relevant, as our current project is a deflationary token. We’re active in most of the places you’d expect low-cap crypto-pioneers to be hanging out, so there’s usually one us listening into the chat! Two of the team had seen a conversation which went broadly along the following lines: “Deflationary tokens are rubbish. Because they are deflationary they always end up going down in value!”
Luckily I wasn’t there, or we’d have opened up an impromtu…
A dream without ambition is like a car without gas… you’re not going anywhere.
by MD, cryptochefs. All views are MD’s own
I ran out of gas earlier this week. I hadn’t noticed it going down, down, down. And sure enough, I now didn’t even have enough to swap something else for more gas.
That’s right, I’m not talking about gasoline, but ETH in the ethereum ecosystem. It’s been a hot topic for some time, and it’s a story that won’t go away when it’s costing $60+ for a simple trade.
I was pretty stuck. I had other…
When righteousness is forgotten, there is morality.
When morality is forgotten, there is the law.
The law is the husk of faith,
and trust is the beginning of chaos.
From the 38th verse of the Tao Te Ching
Article by MD, cryptochefs. All views expressed are MD’s own
The above translation is from verse 38 of the Tao Te Ching, the famous poem of ancient Chinese philosophy. Lao Tzu wrote this over two thousand years ago. He probably wasn’t thinking about cryptocurrency at the time, but I tend to think that good philosophy is timeless, and always has some application…