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Spencer Noon 🕛 Profile picture
@spencernoon
Nov 23, 2017 • 8 tweets • 3 min read • Read on X
0/Here’s a quick #Tezos update for those wondering what’s happening with one of the biggest projects in the space:
1/Legal troubles persist: a second lawsuit has been filed against the company: cointelegraph.com/news/second-su…

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More from @spencernoon

Spencer Noon 🕛 Profile picture
Oct 9, 2018
0/ The latest @epicenterbtc podcast discussing #Tezos with @ArthurB and @breitwoman was fascinating. Here were some of the most compelling arguments they presented as well as some of the key highlights for me 👇🏽
1/ In a world where SC platforms use transactional throughput as a "mark of beauty", Tezos believes the best way to scale (for now) is with L2 solutions. They're still working on L1 upgrades, but this approach is a major departure from most SC platforms and IMO a refreshing view.
2/ The Breitmans don't agree with the narrative that scaling is holding dapps back from becoming successful. According to them, the reason that dapps haven't gone mainstream is due to product-market fit, plus the fact that decentralization is only useful in specific cases.
Read 17 tweets
Spencer Noon 🕛 Profile picture
Sep 18, 2018
THREAD: On January 14, 2015 the price of Bitcoin bottomed. Wondering what Crypto Twitter was like back then?

$BTC would eventually fall to $171.51 -- 87% off its all-time high of $1,242 on November 29, 2013.

Crypto Twitter had some amazing reactions to the price movement.

Read 19 tweets
Spencer Noon 🕛 Profile picture
Sep 6, 2018
0/ Sound Money Sound-Off

Bitcoin has a great chance of becoming Gold 2.0 and a digital Store of Value but it has just about a near-zero chance of becoming money and certainly not in our lifetimes.
1/ Sovereign states issue money. Wars are fought over money. Militaries use violence and acts of terror over money. Innocent people die over money.
2/ If you are betting on Bitcoin becoming money, you are strapping yourself in for warfare and violence.

What do you think the odds are that Bitcoin people overthrow all of the world’s governments and create global money?
Read 8 tweets
Spencer Noon 🕛 Profile picture
Jul 29, 2018
{Thread} What the hell is OCaml and why does it differentiate Tezos?
Meta: Programming languages are an extremely nebulous topic, especially for those without technical expertise. However, they're actually quite important when it comes to evaluating and understanding smart contract platforms.
OCaml is a general-purpose programming language that optimizes for two qualities: (i) expressiveness and (ii) safety

If you don't know what those qualities are in this context, check out:

+ en.wikipedia.org/wiki/Expressiv…
and tobyho.com/2008/03/30/how…
Read 15 tweets
Spencer Noon 🕛 Profile picture
Jul 13, 2018
There is a firehose of info/noise in the blockchain industry. Questions like...

🔘 How do I evaluate xyz coin?
🔘 What is the state of the market?

...are difficult to answer unless you understand the fundamentals.

So, here is a {thread} on my favorite fundamental indicators.
2/ These indicators are helpful for making investment decisions.

They can be broken down into 5 distinct categories:

+ Team
+ Community
+ Protocol Design
+ On-Chain Activity
+ Macro Market

Here we go...
3/ First up is (1) team quality

This is the most subjective indicator on this list. But it's also the most important.

How do you evaluate team quality?

There is no one-size-fits-all answer, but here are some good questions to ask yourself about the team/founders:
Read 20 tweets
Spencer Noon 🕛 Profile picture
Jul 10, 2018
{Thread} In honor of @AugurProject launching today and some complaints about the user experience -- here are some of my favorite apps early in their lifecycles too.
Amazon (1995)
Facebook (2004)
Read 11 tweets

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