1. I read it 2. I think about it 3. I vote on it early rationale 4. I ask delegators to redelegate if they disagree 5. I have enough delegated stake 6. I vote ❌ if it is from Emurgo or Yoroi until 15 March 2027 Minimum Viable DRep for Minimum Viable Governance

The U.S. Dollar has lost 30% of its purchasing power over the last six years, per NYT

Cardano Foundation now using genesis ADA to extract 25% more rewards out of the reserves than 99% of the community by using it as pool pledge.

As I have seen current governance, I think Cardano is repeating a mistake from the 20th century. The socialist calculation debate concluded that "central committees cannot replace market price signals." All socialist nations failed to expand their economies in the 20th century. Yet our "Treasury governance" is making exactly this mistake. Hayek's insight: prices compress the dispersed knowledge of millions of decision-makers. No committee, however expert, can process this information. When DReps vote on marketing/commercial Treasury allocations, this is a political process replacing price discovery. The irony: Cardano brands itself as "decentralization." But Treasury-based resource allocation, where political voting replaces market discovery, is structurally identical to central planning. Many DReps drawing from one central pool = Gosplan with a smiley face. Public Choice theory also pointed out that bureaucrats who say "we serve the people" actually maximize their own budgets. "We need funding for the ecosystem" is the Cardano version of "we serve the workers." We knew this type of economy always fails against free market capitalism. No one can be better than the invisible hand of the market. Commercial projects must be funded by profit-making entities with market expertise. DReps, on the other hand, are not directly responsible for outcomes of commercial/marketing projects. It's a wrong fit. If we seriously want commercial/marketing success, don't be socialist. Let the economy be in the market's hands. Stop repeating "Community, community, community." We should think outside the box. coffeepool.jp/notes/drep-vot…

nothing in life is for free and trying to sustain 6 wallets as an ecosystem with a few thousand users is just straightup stupid.

I think growing an ecosystem is very similar to growing a national economy. It’s about building the infrastructure that allows businesses to thrive, helping promising projects access funding, creating an environment where developers and entrepreneurs can keep building and taking risks, and listening to the community while shaping the direction together. In the end, an ecosystem’s competitiveness isn’t determined by technology alone. The key is creating an environment where people, capital, liquidity, and opportunities can reinforce each other in a positive cycle. I believe Cardano has already reached a point of irreversible progress. And I'm betting on its future.

Warren Buffett: “All these economists with 160 IQs and spending their life studying it. And can you name me one super wealthy economist who’s ever earned money out of securities? No.”

EXCLUSIVE: @CARDANO FOUNDATION IS STEPPING INTO A MORE ACTIVE ROLE TO DRIVE ADOPTION Cardano Foundation shifts strategy: seeding DeFi liquidity, backing an $80M venture fund, and signing enterprise deals to drive adoption and shore up onchain metrics. "In the last six months we started to do some active market making and helped on some AMMs,” @F_Gregaard said in an interview. Read more: thedefiant.io/news/blockchai…

Discord, Governance, and Community Management x.com/i/broadcasts/1AxRnnXBp…

Happy Friday! 😃 As the CEO of cardano:native I am staying right here on X 🫶