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MEV: Crypto vs TradFi

I have been reading Flash Boys by Michael Lewis and find the similarities to MEV (miner/maximally extractable value) in crypto very fascinating. In both cases, there is a gap between someone sending a transaction and it being finalized. And there is value in that information that can be exploited.

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Refuge

One of the Buddhist concepts that I find most interesting is the concept of refuge. In the book Turning Confusion into Clarity [https://smile.amazon.com/Turning-Confusion-into-Clarity-Foundation/dp/1611801214/ref=sr_1_1?crid=20UYCGZUQXNGO&keywords=turning+confusion+into+clarity&qid=1636324728&sprefix=turning+confu%2Caps%2C256&

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Focus vs Exploration

As a company, you can take your existing business and try to make it better. Become more efficient, do it at a larger scale. Or you can explore new ideas. New directions. New problems. Clearly, some balance of both are needed. If you only explore, you will never produce enough

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Team Retreats at Chorus One

We're about to start our 13th Chorus One team retreat. Team retreats have been an important part of our culture and how we work together since the beginning. The first one was in April 2018, when Meher and I traveled to Egypt, where the first engineer we hired

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Pace

It's important to pace yourself. There is always more to do. You will never catch up. Many people tend to push themselves too much to get to some finish line. But the finish line rarely exists. It's better to find a pace that is sustainable. So

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Bad Things Ahead

Every morning, I spend a while imagining bad things that could happen. Things like: * I had an accident. I am injured and bleeding. I know I only have minutes to live. * My mind is not able to find mental clarity. I'm in a blur, struggling to understand what

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Roam Research

I rely a lot on writing to organize my thoughts and make decisions. In the past, I used Evernote and created a note for each day. I ended up with around 3,500 notes and while I got some value out of it, I would never go back to read

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Identity-Based Habits

I recently read the book Atomic Habits [https://jamesclear.com/atomic-habits] by James Clear. It is an excellent practical guide for how to approach changing and maintaining your habits. But while there are lots of great ideas, one perspective was particularly novel to me and has changed how I think

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USDT vs Banks

A few friends of mine, who work in finance were talking about how USDT is not transparent, may have deceived around its collateral, is running a quasi bank without a license, etc. All of this may be true. But USDT also has a lot of advantages: There is no need

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Mind on Tennis

I started playing tennis again six weeks ago [https://bfc.do/the-inner-game-of-tennis/]. It's been a lot of fun to play and explore how I can get better. In the first match, what stood out was how I had a lot of anxiety and performed very poorly. Since then