Industry Analysis
- Why DePIN Revenue Matters More Than Node Count
Node count is a vanity metric. Revenue per node tells you everything about whether a DePIN network actually works.
- Square Peg, Round Hole -- Why Legalizing Crypto Isn't the Same as Understanding It
Legalizing crypto is a step forward. Forcing it into traditional financial regulation is like fitting a square peg into a round hole. Here's what regulators keep missing.