mnaei
Make the Internet HyperText Again: Extending MCP into Web 2.1
Ask HN: Is Model Context Protocol an Opportunity for Native Internet Money?
There is currently a lot of money being spent on Large Language Models (LLM). Model Context Protocol (MPC) for LLMs is being widely adopted but has not finalized standardized yet. This could be an opportunity to natively implement money in MPC (and the internet) the right way. There are a few advantages we have now:- Systems which run LLMs / MPCs have large amount of compute power- System which...
In the past, children served as a safety net for their parents in old age, as parents devoted much of their lives to raising them. However, in a world with a significantly inverted population pyramid, adult children may be responsible for supporting numerous elderly citizens through their taxes. This could potentially leave them unable to provide additional assistance to their own parents. On the other hand, those who chose not to have children could enjoy the benefits of compound interest accrued over 18+ years.
This situation creates a negative feedback loop. As the population declines more rapidly, the population pyramid becomes increasingly inverted, placing greater strain on younger generations to support the elderly. This further exacerbates the economic challenges of having children, as they will be required to work harder and longer hours to sustain the economy.
I wonder how many startups would take a 2% - 15% cut to withdraw their money for short term expenses.
Is there a secondary market for deposits at banks? Like a Silicon Valley Bank Stable Coin (Probably would have been called a Silicon Valley Dollar before 1913)
This non-linear relationship is literally programmatically hard coded in the case of money markets such as curve.fi
Currently the largest money market pool (https://curve.fi/3pool) it has a 5:1 USDT:USDC imbalance. In dollar amounts, the pool contains $1b USDT and $0.2b USDC.
This 5:1 imbalance only gives way to a 0.1% de-pegg.
In the past the balance used to be perfectly 1:1 USDT:USDC. The fact that a multi-million dollar arbitrage opportunity still exist is worrisome.
It would be wonderful if you are able to share the name of the book. I am interested in giving it a read.
Its essentially a cryptocurrency risk management system where one user takes on all the profit/loss of cryptocurrencies price change so that other user (fund) pegges their wealth to USD
https://medium.com/@mnaei/are-you-selling-50-of-your-cryptoc...