Patrick Fitzgerald·Feb 18, 2025Bitcoins Aren’t Digital Gold, They’re Lab DiamondsDespite all the attention on Bitcoin, the analogy “Bitcoin is digital gold” has somehow been able to escape any close scrutiny.
Patrick Fitzgerald·Feb 15, 2025Crypto : Container, Label, ContentCrypto is dead. It’s time to accept the sunk costs and start over. We set out to build an alternative to traditional finance but ended up…
Patrick Fitzgerald·Apr 12, 2024A Conflict of InterestThere is absolutely no value in studying the history of money if it does not lead to innovation. We’ve basically only looked backwards…A response icon1A response icon1
Patrick Fitzgerald·Dec 23, 2023Magic Internet Money : Programming Money MutantsTwo uses of blockchains stand out to me. They are blockchains digitally-enforced property management systems and as meta coordination…
Patrick Fitzgerald·Dec 22, 2023I envied the Middle ManIn the world of Web3, our lofty ideals often clash with an uncomfortable reality. Contrary to our rhetoric, could it be that we didn’t…
Patrick Fitzgerald·Jan 24, 2023Money is the ______Money is not a thing. Money is the space in between.
InSmart Money — DeFi StudiobyPatrick Fitzgerald·Jul 19, 2022Capital | Market FitCapital evolves with the changing structural realities of the industry it funds, so what structure should capital take to find and fund the…
InSmart Money — DeFi StudiobyPatrick Fitzgerald·Jun 28, 2022Companies and Capital : Unbundled and ModularizedVenture Capital has seen multiple threats to its core business over the last 20 years, but none have been existential to date.A response icon1A response icon1
InSmart Money — DeFi StudiobyPatrick Fitzgerald·May 25, 2022The Future of On-Chain FundsWritten by : @patfitzgerald01A response icon1A response icon1
InSmart Money — DeFi StudiobyPatrick Fitzgerald·Apr 13, 2022The Anatomy of a Web3-Native FundWeb3 hedge funds and venture funds explicitly acknowledge the advantages of blockchain technology by nature of their investment focus, but…