Michigan Blockchain

Wise words from a wise man. Ex Head of Investments @MichBlockchain

Quantum computing is one of the biggest long-term questions facing crypto. Our Co-President @whitemilk3535 breaks down what it actually means for Bitcoin and blockchain security in a clear, digestible format.

Compute is trying to become a physically exchange-traded commodity. Every commodity that got there ran the same playbook first, and history shows what has to get built: > First, the pattern is always the same: scarcity first, finance second. A good gets scarce and volatile, and only later does a market form to price and hedge it. The question for compute isn't whether this happens. It's how. > Grain built the basic kit. Chicago turned handshake forwards into a market with three things: (1) A standardized grade (No. 2 yellow corn) (2) A deliverable claim (the warehouse receipt), (3) a clearinghouse in the middle. > That template got copied by every commodity market since. Oil added the move for goods that aren't fungible: don't standardize everything, make a few regional benchmarks liquid (WTI, Brent, Dubai) and price everything else as a discount or premium to the nearest one. Even oil never collapsed to a single global price. > Electricity is the closest analog, you can't store it the same way you can oil or grain. So its market prices time and location directly: hourly auctions, a different price at every grid node, and capacity payments just to stand ready. Compute is even less storable, an idle GPU-hour is gone the instant it passes. > The through-line: volatility forces a first, bilateral instrument, but standardizing it into something liquid is what unlocks real financing. Compute is stuck at that stage. What hedging exists is private or cash-settled, with nothing physical underneath. And cash settlement keeps the futures glued to the index, but nothing keeps the index glued to reality. The market converges on a price; only delivery makes that price true. Without it, everyone ends up hedged against the same number, even when the number is wrong. > What's missing isn't more contracts. It's one trusted reference price per grade, anchored to real capacity changing hands, not a survey or a single venue's quote. Delivery is what keeps it honest. Trading can stay fragmented; the benchmark can't, or it gets gamed. That layer isn't a sideshow to the data center buildout. It's the precondition for it.

Next stop: Austin🤘 In collaboration with @txblockchain November 20–21, 2026 ⚔️

Every hackathon leading up to UBC 2026 is practice. The team that wins our hackathon in [City] this November will earn the title of UBC Champion. Congratulations to @EliDubizh on the @ETHGlobal win. Now it's time to prepare for the main event. Let the games begin⚔️

Thank you, Lucas and Mateo, for everything you've poured into Michigan Blockchain. Your hard work, ideas, and leadership have left a lasting mark on this organization and the people in it. Wishing you both all the best in what's next! 💙💛

Yesterday our house wizard @whitemilk3535 reminded me that ETH is an inflationary asset. I was in disbelief as I had the impression that after EIP-1559 we just go up only while burning base fees, til I checked the charts - Turns out ETH stopped being deflationary a long time ago since April 2024. We're simply not burning enough. What happened to ultrasound money 😭

SpaceX is trading at ~$189 on Hyperliquid, implying a ~$2.24 Trillion market cap that is nearly 2x the market cap of BTC ~1.4 T Is this implying that "crypto native" Hyperliquid users believe more in Elons Rocketship than Bitcoin ?

Visited DC w/ 6 of our outstanding @Dorm_DAO students, hailing from @CUBlockchain, @txblockchain, @USTABlockchain & @MichBlockchain Each student, strategizing their own career in crypto, but facing much of the same regulatory uncertainty that has influenced the way all founders have built in our space for the past 10 years. The trip allowed our students to ask real questions of the folks shaping the future. to chat intimately with policy advocates, lawmakers and regulators on the steady crypto reg progress being made in Washington. A few notes on our visits crisscrossing DC: Our first stop was @BlockchainAssn & @SolanaInstitute. @DanSpuller, @SummerMersinger and the BA team have dedicated much of their careers to advocating for the collective industry. It's clear they understand the responsibility that comes w/ being crypto's unified voice in DC. they are working hard - among a wide array of competing priorities - to ensure all of crypto can win under this government regime. it's a tall task, but simply meeting with their team, it's clear how locked in they are on the opportunity. We heard from @thecolinmclaren & @RachelGreenHorn, who are committed to educating policy makers on the core promises of blockchain-based technology, within the Solana eco, and the larger space. Also got a chance to swing by the @HyperliquidPC's office, tucked away inside the BA's floor. a small but mighty team, led by @jchervinsky, quietly plotting a path to bringing Hyperliquid's powerful engine to US investors. pretty cool to see in action. Next was the @SECGov's Crypto Task Force, where our students presented to @HesterPeirce's staff on three important topics: 1. stablecoins + yield dynamics 2. on-chain credit + mortgage markets 3. token networks as capital formation tools Special shoutout to @overminn and @JuliasOrbit86 for courageously walking SEC staff through the "OpenAI token" scenario - a fairly radical idea w/ real implications. (agenda here: sec.gov/files/ctf-memo…) One thing i'll say about the task force: @HesterPeirce and Taylor Lindman have assembled an excellent staff that not only deeply understands the intricacies of our industry's core products & services, but are now honing in on the exact sequence of levers to give the industry's capital markets the clarity we've all been asking for. After lunch, we made a quick stop at Chairwoman @RepLisaMcClain's house leadership office - the "command center" of the @HouseGOP. among (quite literally) a million different agenda goals, it was notable to hear the Chairwoman's staff articulate a real sense of urgency around the passage of CLARITY - not a given after months of brutal senate deadlock. Our last stop was the @CFTC, where we met with staff from the newly formed Innovation Task Force, led by @passalacqua_mj. we engaged in a wide ranging discussion, covering compute markets, token mechanics, CFTC's federal jurisdiction, cooperation w/ international counterparts and AI's potential job displacement. There was something astonishing about regulators willing to explore these emerging topics in real time, rather than just reacting to them after the fact. I left w/ the sense that many of these conversations will materialize in action much earlier than most folks realize. All-in-all, what stood out was not any single meeting, but a broad-based push - by crypto-native experts - to make the most of the opportunity set in front of us. And optimism that we are on the precipice of real progress in the convergence of policy, capital markets and distributed systems. Bullish @MichaelSelig/@passalacqua_mj's team, Bullish @RepLisaMcClain team, Bullish @HesterPeirce's team, Bullish @SummerMersinger/@DanSpuller's team & bullish AI, Crypto and America. 🇺🇸

up to something

Michigan Blockchain x Polymarket: What are Prediction Markets? 🗳️📊 Join us this evening for a deep dive into the mechanics of Polymarket and how to use prediction markets as a real-time news and hedging tool. All attendees will receive $20 for use on @Polymarket 🗓 When: 04.07.2026 | 6:00 - 7:30 PM 📍 Where: CCCB Room 0420 Go Blue! 🔵🟡

We are excited to welcome Darin Carter, Sr Manager of US Policy and Community Engagement from Coinbase to Michigan Blockchain tonight! Join us to hear about Coinbase, careers, and policy! 🗓️ March 31, 2026 | ⏰ 6:00 - 7:30 | 📍 CCCB 0420

🚀 Get ready to build with #Avalanche! Dive into the avalanche ecosystem and learn about the real-world applications of blockchain. Whether you're new to blockchain or looking for your next opportunity, this workshop is for you! 📅 Date: March 24 | 🕕 Time: 6:00 PM - 7:30 PM | 📍Location: CCCB 0420

1inch is visiting US university blockchain clubs throughout the year. First up: @PennBlockchain on 27 March Then @StanfordCrypto, @HBSCryptoClub, @YaleBlockchain, @MichBlockchain and @CUblockchain If you see your future in Web3 - come find us there

We’re excited to welcome Jacob McCrum, Head of Partnerships & Infrastructure at Canton Network, to Michigan Blockchain. Hear about institutional blockchain adoption, digital asset infrastructure, and the future of finance. 🗓 March 10, 2026 ⏰ 6:00–7:30 PM 📍 CCCB 0420

From Ann Arbor to East Lansing, our Michigan college representatives are leading the charge for a pro-crypto future. Meet the two blockchain advocates currently representing SWC in the Great Lakes State: @jack_verri11 at @MichBlockchain. @KrishWadhw44271 at @msu_blockchain.

🚀 Curious about building the future of crypto? Join Michigan Blockchain for a Hiring Information Session with Gemini to learn about career opportunities, company culture, and what it takes to break into the digital asset space. 📅 February 10, 2026 🕖 7:00 – 7:30 PM 📍 CCCB 0420 Hosted by Grace Reginato @ Gemini. Come ready to learn, ask questions, and connect with one of the industry’s leading crypto platforms!

〽️ Michigan is ranked 1st out of 19 schools in DormDao We are the only school to outperform ETH and are 58% above second place! Congratulations to our Investments Team led by @jhandlerMB & @brianmarsan_

Thank you @eigen_da for the opportunity! #eigen #eigenlayer #ethereum @eigencloud

All of this went from zero to production in about 4 weeks with a small Michigan Blockchain Consulting team. ForeverData makes EigenDA usable for real apps. Try it: foreverdata.live

Our consulting team just shipped ForeverData, for EigenLayer! A real, working product on EigenDA that turns a 14-day blob into a permanent link 🔗