The latest signal is new wiring, not a new chain or a new product: Ethereum's EIL, the SEC's digital asset taxonomy, and NYSE's tokenized platform. Open Money's next phase is all about growing the connective tissue. www.danielmcglynn.com/the-wiring-p...

Decentralized prediction markets are finally scaling. The dream: sharper foresight, priced into public markets. The fear: monetizing vibes, turning democracy into a betting pool. A look at the paradox at the heart of Open Money: www.danielmcglynn.com/future-of-pr...

Zero-knowledge proofs sound abstract — until you realize they can change how we trust software, data, and institutions. I talked with Samuel Judson, head of zkVM engineering at Nexus, about why zk tech is having a moment — and what’s coming next. 🎧 Listen: open.spotify.com/episode/0PJX...

Every four years, crypto tuned itself to the #Bitcoin halving — a ritual scarcity event that signaled the start of a bull market. But 2025 feels different. What happens when myth meets macro?

The SEC’s new “Project Crypto” is a blueprint for Open Money. With clear rules, self-custody support, DeFi integration & an innovation exemption, it lays the groundwork for a composable, onchain financial system. www.danielmcglynn.com/what-does-pr...

Platforms extract. Protocols reinvest. Profits to the protocol = funding public goods.

Stablecoins are becoming crypto’s killer app—just like email was for the web. And this month, PayPal, Amazon, and Walmart made moves that could quietly remake how money flows online. 🧵

Circle’s explosive IPO signals a turning point in crypto. ARK bets big, Gemini follows, and stablecoins step into Wall Street’s spotlight. From policy shifts to programmable dollars, this is how internet money finally goes mainstream. Don’t miss what's next. www.danielmcglynn.com/circles-ipo-...

I write about the internet. However unpopular the opinion might be, I believe the open internet and open money are fundamental to holding the line on things like unchecked power and the growing divide between the ruling class and everyone else.

The 21 Capital launch is more than another institutional play. It introduces new performance metrics. Instead of EPS, it reports bitcoin per share (BPS) and bitcoin return rate (BRR). Investors aren’t buying dollar exposure — they’re buying a claim on a growing #bitcoin base.

#bitcoin blinks back www.danielmcglynn.com/when-markets...

Stablecoins in today’s Money Stuff

Feeling this from @metalabel.bsky.social

feels like decentralized infrastructure of all kinds is only going to become more important... a16zcrypto.com/posts/listic...

very cool, but also zk feels like one of the fastest moving sectors in computing rn

Tornado Cash is off the U.S. sanctions list. The mixer, once accused of laundering billions, is at the center of a legal and philosophical debate about code, privacy, and the future of onchain finance. What happens when code isn't a crime? Read the latest from Open Money ↓

Sunday Funday

1/ Crypto has a paradox problem. The more the industry succeeds—the more infrastructure gets built, the more capital flows in, the more institutional attention it attracts—the harder it becomes to stay true to its founding principles. 🧵 On the paradox of success in crypto:

What if what we call AI hallucinations now are really the beginnings of a new thing... artificial imagination?

Opening Day

#Bitcoin in the background www.danielmcglynn.com/bitcoin-as-i...

If I had to guess, I think that decentralized oracles will only become more important and a bigger business during the rise of AI agents. Decision makers need data: www.danielmcglynn.com/decentralize...

Request for product: A wallet-connected media platform that would allow me to publish longform work, host AMAs or live-interview kinds of formats (almost like an irregular podcast), and host a community where the main focus is a curated news/info feed. Does something like this exist?

A starter pack of starter packs...

To be considered a black swan event, this is all suppose to sound explainable in hindsight.

Thanks again Mr @danielmcglynn.bsky.social For your amazing prose, I think anyone and everyone can and should be reading your newsletter. So good. www.danielmcglynn.com/money-is-sti...

Good idea, wrong implementation? What's the value of a Bitcoin reserve in name only? www.danielmcglynn.com/reserve-in-n...

In terms of content distribution: If all roads lead back to a dominant and engaged social presence because of changes in reach with organic, paid, earned, etc... What does it mean that social is fragmenting? It feels like social is becoming like cable news. You plug into what you want to watch.

Not sure if there is a #zk crowd on here, but big news on the zero knowledge open science front: blog.nexus.xyz/nexus-zkvm-3/

Since the beginning of January I've been posting every day (almost) to my website. I set a goal of building a book, one post at a time, over the course of several months. The hardest part about posting every day is posting every day. The second hardest part is constantly sharing progress.

Seems like right about now would be a good time to bring this up again. www.danielmcglynn.com/web3-and-ubi/

This week I'm writing about how Open Money was born from the ethos of privacy and security, but how it's also transparent and completely auditable. When you really study these systems, that juxtaposition or the dynamics between privacy and openness is probably the most interesting aspects.

Owning your own data and identity is a core component of Open Money www.danielmcglynn.com/data-ownersh...

In today's issue we cover Ethereum staking ETFs. A marketing recommendation for fund managers: Hold bags. Earn yield. I

Then there's the dissonance... On one hand the dominant narrative is that crypto bros helped accelerate the current situation in the name of "number go up." On the other hand, one way to insulate from the current situation are technologies like encryption, self-custody of assets, etc.

Durable stores of value are about stories we tell ourselves. One big component in the comparison between BTC and gold is custody. Imagine trying to self-custody a nest egg in gold. What does that even look like? Now imagine the same scenario with BTC.

Maybe this is the moment for a popular economics movement.

I mean, it's Valentine's Day and I just wrote today's post about interoperability in the first principles section of Open Money...

Better for builders: www.danielmcglynn.com/composable-m...

WRT writing for social media. Maybe it's fatigue from all of the templates and the hook writing. Maybe it's the fact that people don't like to read and just want reels. Or maybe it's because of new platforms like this one. But, it feels like post are trending back toward being more compact.

I'm still working on my daily posts in the hopes of building a book. The work is coming along. Some of the posts are rehashing stuff I've written previously and making it fit in the current format. Other posts are new ideas that are needed to fill out the structure.

It's interesting that when you are living through big historic moments you know it's a big deal, but you don't have enough context to understand how big of a deal yet.

There was a time when the need for censorship-resistant networks felt a little fringe. Unfortunately, the feature and the ability to build durable information feels more important by the day. www.danielmcglynn.com/disappearing...

It's important to know who you are writing for. In the case of the Open Money project, I'm writing for my neighbor who stops me in the driveway to ask about NFTs. Or my friend who sends texts asking things like "is dogecoin real?"

When you think about it, universal money would be better money. A planetary system of easily exchanging value without the slowness or cost required now to move money from place to place. Sounds cool. What's the holdup?

Late on this one, but here's today's post: www.danielmcglynn.com/scaling-trad...

Once I realized that most of the music I like doesn't get played on the radio, I felt a lot better about hitting publish every day. www.danielmcglynn.com/adding-to-th...

Hitting inboxes right now: www.danielmcglynn.com/algorithms-a...