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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (193430)11/11/2022 6:20:32 AM
From: maceng2  Read Replies (2) | Respond to of 217739
 
<<just old fashioned traditional fraud>>

Well Pogue, Haim, Ergo, ggersh, & MoWS have assisted me in changing my mind.

The coming US dollar crisis Message Board - Msg: 34074303 (siliconinvestor.com)

I am not going to sell anything, or change position, just going to leave everything "as is". Sometimes doing nothing is the best way to go.

I had intended to buy into the crypto storm when it occurred. Now I am thinking at least second mouse type attitude. Maybe fourth or fifth mouse, or even mouse "(x+1)" -g-. The crypto storm is arriving ahead of schedule, I had expected it concurrent with the shtf moment on stocks.

Stocks look nicely teed up. I guess the Xmas rally is on it's way.

Historical note:

One of my heroes, Isaac Newton, got burned in the South Sea Bubble, after he already made 100%+ on same bubble.

How Isaac Newton Lost $3 Million Dollars in the "South Sea Bubble" of 1720: Even Geniuses Can't Prevail Against the Machinations of the Markets | Open Culture

Newton was "Warden of the Royal Mint", so he probably made good on his losses overall.

Isaac Newton, Warden and Master of the Royal Mint 1696-1727 (royalmintmuseum.org.uk)



To: TobagoJack who wrote (193430)11/11/2022 7:46:37 AM
From: TobagoJack1 Recommendation

Recommended By
maceng2

  Read Replies (1) | Respond to of 217739
 
Btw, in case you missed

I like this article coindesk.com

Casper Labs Has Its Sights Set on Enterprise

“Institutions are coming” is a common mantrafor mainstream adoption in crypto. The idea implies a huge flow of capital into the $1 trillion crypto market, and the accelerated maturing of crypto as an asset class.

But when institutions come, where do they go and who do they trust?

Mrinal Manohar, the CEO and co-founder of Casper Labs, says he knows what the institutions want. To that end, Casper Labs’ eponymous project, Casper Network, a layer 1 blockchain, already works with blue chip companies like IBM.

Mrinal Manohar is presenting at Investing in Digital Enterprises and Assets Summit (I.D.E.A.S.), CoinDesk's newest event revealing the most scalable marketplaces in the digital economy that will attract institutional capital in the years to come.

Casper finished testing and was launched on mainnet in March 2021. ??The project raised $14.5 million in 2019 from investors including Arrington XRP Capital and Wall Street’s jack-of-all-trades, Terren Scott Peizer.

Blockchain technology and projects built on that technology rely on two domains of expertise: finance and computer science. Conveniently for Manohar, he has a background in both.

Before starting Casper, Manohar was a principal and sector head of technology, media and telecom at Sagard Capital, a hedge fund with a long-only strategy worth about $1 billion. He also previously served as a private equity associate at Bain Capital in Boston, and as an associate consultant at Bain & Company. He has a Master of Science degree in Computer Science from Carnegie Mellon University.

Unlike most players in crypto from traditional backgrounds, he’s an early entrant in the space.

See also: DIMO Helps Drivers Gain and Monetize Their Car Data

“I discovered bitcoin in 2010 because my roommate at the time [...] was one of the biggest miners in the world. Bear in mind, this is 2010 – there's no Coinbase. You're writing keys down on paper,” he told CoinDesk. “So he had a rack of servers and he was like 5% of hash power.”

Manohar started buying his first stacks of bitcoin in late 2011 and early 2012 directly from his former roommate from grad school. His other early bets included seed investing in Ethereum, Blockstack, Basis, Maker, Filecoin and several others.

Although peer-to-peer interaction laid the foundations of his origin story in the blockchain space, he soon turned his attention to enterprise.

“I realized that neither on the structure side nor the product side was a blockchain company or protocol that was really taking care of the needs of enterprise. And that's what led me to found Casper Labs – to be a software developer who helps do that.”

For multi-functional blockchains serving the needs of enterprise, innovation is an integral part of the tech stack offering. Casper provides a highly adaptable blockchain environment on which enterprises can operate. Smart contracts aren’t immutable – that is, not immutable in the future, but immutable in the past. And that’s a crucial difference, Manohar explains. Enterprise wants control over their tech infrastructure as things may change in the future – changes may come from regulations, business needs, and new technical developments.

“Whenever I say this, some people are like, ‘Oh my God, you can't use the words ‘control’ and ‘blockchain’ in the same sentence,’ and I'm like, ‘No, it's not that they want control over the blockchain. The blockchain is completely decentralized. They want control over their application,’” Manohar said.

That makes it easier to implement and scale new features on the blockchain. If a company has a market mortgage determined by a smart contract, and the rules of how mortgages are deployed change (as they often do), then the smart contract will also be upgradeable.

See also: How One Scientist-Turned-Founder Is Bridging Drug Discovery with Blockchain

Manohar thinks it isn’t just the technical and legal infrastructure of current offerings in the blockchain space that are insufficient for enterprise needs. There’s also a hype-driven culture that dominates the marketing ethos of crypto companies. The incentive structure is kind of broken, too, he explained.

“Investors get some tokens [with] two [or] three-year vest[ing periods], and then people go away. If the protocol is successful and gets hype, people make a ton of money and they go buy cars. It leads to really bad habits. Enterprises hate associating with people who they think are scammy or hypey or like, too cool for school,” Manohar told CoinDesk.

The enterprise sales cycle is very long, he said – nothing like the mayfly-like cycle of most crypto projects – which means you need to build a company that is oriented for the long term. Manohar says he’s certainly in it for the long haul.