Time preference – what is it?

One important thing that separates us humans from other primates, apart from the obvious things, is that humans are able to consciously delay gratification of things. Like saving food or money for scarcer times, or investing resources for future growth. This ability is one of many important catalysts to building a successful society.

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Rebooting liberalism – part 2: Funding public goods

This is the next post in my series about Radical Markets. If you haven’t already, it might be a good idea to read my first post in this series before reading further. In this second post I’m going to focus on coordination between communities within liberalism, and specifically how to coordinate the funding of public goods. Continue reading “Rebooting liberalism – part 2: Funding public goods”

Tokenisation part 3 – Price valuation

In this third blog post in my tokenisation series, I will share some thoughts around price valuation of tokens. But before you read further you must know that there isn’t a magic formula that will tell you the true value of anything. At the end of the day, the space around blockchains and crypto assets are incredibly young, without any established models and the price is largely driven by speculation.

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Tokenisation part 2 – Different models

Here’s a picture of a non-blockchain discount token; a loyalty card for our local café. I know the exact value of this token, it’s worth 1 hot drink after I bought 6 for the regular price.

In the first part of this series I gave an overview of what a blockchain token is and what the difference between fungible and non-fungible tokens are. In this blog post I will talk about what different kinds purposes a token can serve.

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