Donovan Choy on Muck Rack

Donovan Choy

Singapore
As seen in: Medium, Substack, Cointelegraph, Ladders, The Business Times (Singapore), Bitcoin Magazine, FEE - Foundation for Economic Education, Decrypt Media, RealClear Markets, beehiiv and
prev @Blockworks, @Bankless, BCG
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Articles

đŸŸȘ The meme is the medium

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By Byron Gilliam, Ben Strack Verified, Donovan Choy
| Blockworks Daily
Marshall McLuhan categorized electric light as a form of communication — or “pure information” — citing Romeo and Juliet as an authority to substantiate his claim. Romeo, he reasons, might have been speaking of 20th-century television when he declared that light “speaks, yet says nothing.” McLuhan uses that line to establish that light is a “message without content,” which lays the necessary groundwork for his famous aphorism: the medium is the message.
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Pump acquires Padre

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By Donovan Choy
| Blockworks Verified
One recurring theme in crypto is that token holders keep discovering that they don't have the same protection rights as shareholders. Legal protections make M&A a smooth process. For instance, if BigCo acquires LittleCo for $1 per share, the people who own LittleCo's shares should get $1 per share. The acquirer is buying the company, and the shares are the company, so the shareholders get bought out. No investor is left behind.
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🟪 Friday charts

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By Byron Gilliam, Donovan Choy, Macauley Peterson Verified
| Blockworks Daily
This year’s Nobel Prize in Economics was awarded to optimism. Formally, half the prize went to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress,” and half went to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.” Informally, I’d argue the whole prize went to the shared belief that made the three economists share the award: the essential role of optimism in human progress.
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