What is Decentralized Finance? Photo: David Mark. Source: Pixabay. When I first tried to understand the practical implications of digital currencies, it made my head spin. The most basic discussion quickly descended into a babble of protocols, yield farming, rug-pulling, and new token exchanges. I tried [...]
What is risk? Source: Pixabay. CC0. Risk is the chance that something bad will happen. We don’t necessarily know how to define it, but we know it when we see it. We also know it when we feel it: that gut-wrenching sense of “Oh, no. Why [...]
Risk is conserved. Source: Maxpixel. CC0. In physics there’s the principle of conservation of matter and conservation of energy. Matter can’t be created or destroyed. It can only be transformed. In a nuclear reaction, an infinitesimal amount of matter is converted into a tiny amount of [...]
Do you ever long for a simpler time? Source: Pixabay Lately I’ve been tempted to throw out all our technological conveniences and go “off the grid.” It started when a registry entry on my computer became corrupted. Fixing that involved restoring archived emails. That engaged a [...]
