Words matter. “The limits of my language means the limits of my world,” Ludwig Wittgenstein famously wrote. This is one of the reasons why I welcome the recent discussion about words to describe end-user use cases and technological developments in the crypto community. Crypto – do we still use that word? (Yes.)

One reason centralized exchanges have flourished is because of the high access barriers today's self-custodial solutions, wallets and hardware security devices, still have. We have seen where this approach has led us.

Recently, Wolf Game launched their second mini-game (or pre-game): Cave Game. This is their first 3rd-person-view game, after the previous mini-game Alpha Game was interface-only, where users could stake their NFT assets in one of several Wolf Packs to compete for $WOOL — the game's native currency, which can then can be used to buy digital objects within the game’s internal economy in the yet-to-be released full game.

There is this anecdote about Joe Kennedy, JFK’s father, who got out of the stock market shortly before the Great Depression, because his shoeshine boy gave him investment tips. It is now referred to the Shoeshine Boy Indicator.

Began my journey in July with a Hirst Currency... bought in fiat & with my credit card. Bridged it from Palm to Ethereum, a month later sold it for 13.5e. My first eth. And so it began...

1/4 of gamers buy in-game virtual items & spend an average of ~170$ each year (may differ in different studies). How much of that goes back to the gaming community? 0% (Roblox is an exception). Vs. the gaming company? 100%.

I loved this anecdote from Jesse Walden’s post about the ownership economy:

We're at the beginning of a new media culture—with new dominant players emerging in the form of crypto-native brands (e.g. BAYC). The establishment brands will try to leverage their existing influence (incl. money) and try to stay relevant.