Professor-Led Crypto Startups Such As Babylon and EigenLayer Spark Renewed Investor Interest - These are apparently being refered to as professor coins, something I hadn't heard previously. I know that the recent EigenLayer drop left many unhappy vecause the coins were not transferable and were locked, leading many to think they had essentially recieved nothing despite all their efforts popularising the network. One of Eigenlayer's interesting features is it's anti-mafia capabilities, though personally when i hear if such a thing my immediate thought is whether it could actually be doing the exact opposite. Anyway, lots of interesting thibgs happening in crypto at the minute. www.cryptoglobe.com #
2024/05/13 #
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What is the Cantillon Effect? - Another great James Lavish description both of the history behind the term, but also the dynamic itself. It's all about how close you are to the money spigget, and how there is a delay between the introduction of new money supply and when it actually gets to people, if it ever does. The people close to the spigget get huge advantage becsusecthey can invest that money at current rates, whereas those further downstream don't get that chance, since the value of money has changed by the time it gets to them. Thus re-inforcing existing innequalities. ckarchive.com #