Join Platy’S Readwise Highlights
A batch of the best highlights from what Platy's read, .
Mostly, notes that come from people are things I jot down during meetings (where I almost always do use bullet points, although I don't bother with anything more fancy than a quick `#priority` if there's something important I need to do) and almost always refactor later by moving key information into the relevant places, like my email, calendar, or reference notes.
🌲The Konik Method for Making Useful Notes
Eleanor Konik
Even outside of crazy hypotheticals where you build a stablecoin to track a Ponzi index, the stablecoin must somehow be able to respond to situations where even at a zero interest rate, demand for holding exceeds demand for borrowing. If you don't, the price rises above the peg, and the stablecoin becomes vulnerable to price movements in both directions that are quite unpredictable.
Two Thought Experiments to Evaluate Automated Stablecoins
vitalik.ca
The point is that the limit order book does not represent the true economic supply and demand for a stock. It just represents the supply and demand for the stock right now, mainly from risk-averse high-frequency electronic market makers. If you want to sell 100,000 shares, you break that up into smaller orders so as not to scare off the market makers, you do it over some period of time, and eventually enough people will want to buy that you’ll be able to sell at a reasonable price.
NYSE Forgot to Open Yesterday
bloomberg.com
...catch up on these, and many more highlights
Readwise