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rk
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“The word ‘risk’ derives from the early Italian risicare, which means “to dare.” In this sense, risk is a choice rather than a fate. The actions we dare to take, which depend on how free we are to make choices, are what the story of risk is all about. And that story helps define what it means to be a human being.” ~Peter Bernstein
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@0xsmallbrain So nonsensical there may be some depth underneath there
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Redstone (autonomous worlds chain) launched and their 1 day mint has 7 hours to go :)
Redstone Chain@redstonexyz
12/ Also, today, for one day only, you can mint an official Redstone NFT on the Redstone Community website to commemorate the launch of the chain. The artwork is designed by Anna and Arek Kajda, and the minting will be available until May 2 at 16:00 UTC community.redstone.xyz
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@Phin_totten Tradeable currency and goods in a restricted capital market (no outside convertibility) is not the same as tradeable currency and goods in an open economy (open convertibility).
Pretty sure nobody wants to see open economy games happen more than me galaxyrtk.substack.com/p/can-joy-be-f…
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@zeroedgeRK You do realize games have had tradeable currencies in them since the early 2000s right?
Like with arbitrage opportunity, marketplaces to OTC and more
To think tokens don’t fit into gaming narrative is wildly wrong
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@ReadyPlayerRich Uh, managed peg is not the same as free floating fx …
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To say that games and currencies have mixed together forever just because of third party markets for gold or skins is like saying that restricted fx is freely floating because of a black market, the structural differences are massive
It’s not impossible it’s just really hard. I explored one way it might be done for an mmo here galaxyrtk.substack.com/p/can-joy-be-f…
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@zeroedgeRK I’m curious to learn what you mean by “opportunity cost in eth is 40% fixed”. If you’d be willing to share in more detail, it’d be great to understand what that means. Thanks!
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