Web3’s Broken Incentive Machine
The web3 ecosystem has systematically evolved into sophisticated gambling infrastructure, extracting value from retail participants through privileged access and asymmetric information.
1 July 2025
Writing
On Factory
A reflective essay on the evolution of music culture and discovery in the digital age, exploring how algorithmic playlists and streaming services have disconnected us from music scenes and communities.
30 August 2024
Account Abstraction: The Centralization Vector Disguised as User Experience
Account Abstraction markets user experience improvements while reintroducing intermediary control through smart contract governance. This enables transaction monitoring and asset seizure through regulatory compliance mechanisms. Unlike Externally Owned Accounts where private key ownership provides cryptographic proof of control, Account Abstraction makes intermediary trust necessary for basic functionality. It recreates traditional financial intermediation with additional complexity and zero consumer protection.
16 September 2023