Will the bots use crypto?
As the year draws to a close, I wanted to clarify my thoughts on AI agents and blockchains. This is not a normative post, but
Concepts
Halving is coming
April-May 2024 brings a new BTC halving event. This isn't just a 50% cut in BTC block rewards. It has meaningful downstream effects on the entire crypto ecosystem.
The Educational-Middleware problem in Crypto
If we leave aside a few exceptions, the broader Crypto space is full of protocols with very little meaningful educational content that can take a reasonably educated participant close to the state-of-the-art. This is serious problem from a long-term perspective and it needs remedying.
Introducing alsats - active learning (for a few) satoshis
alsats is an open source project that aims to reduce the investment (in time and money) needed to create minimum viable datasets for supervised machine learning.
A datatoken valuation heuristic
In dynamically priced ERC20 datatoken markets, it is difficult to determine if the current market price represents a fair value for access to the underlying data asset. Investors might risk paying a significant speculative premium when buying datatokens.