Category Archives: Uncategorized

The Real Layer-Zero & The Most Important Token: Power

In the next 5 years, distributed ledgers, or blockchains, will be widely adopted. This isn’t about “crypto” and its ups and downs; it’s about using secure, distributed ledgers to improve how we store and transfer value. Here, I use “value” as a broad term. Some find value in sharing research among medical teams through zero-knowledgeContinue reading “The Real Layer-Zero & The Most Important Token: Power”

The $2 Trillion Addressable Market

Those I have worked with over the last few years know my obsession with using tokenized High Quality Tokenized Assets (HQLA) as margin collateral and a means of settling trades. Broadly defined, HQLA is cash held at banks, cash that has direct access to a Sovereign’s Repo Window, or short-term Sovereign debt like T-Bills.  🧠TheContinue reading “The $2 Trillion Addressable Market”

Pre-AI Thoughts on Machine Learning

I have used ARHAIK.com as a personal blog with the majority of writing taking place between 2016 and 2018. The below was posted March 14, 2016. “You either tell the computers what to do, or the computers will tell you what to do.” I first heard this line from Jesse Johnson, co-founder of oneZero Financial Systems,Continue reading “Pre-AI Thoughts on Machine Learning”

How Do You Know When To Hate?

I have used ARHAIK.com as a personal blog with the vast majority of writing taking place from 2016 – 2018. The below was from a post on April 7, 2016 The recent spate of state legislatures to enact, or attempt to enact discriminatory laws (North Carolina, Georgia, Mississippi) has me thinking about each of our differences andContinue reading “How Do You Know When To Hate?”

Operation Chokepoint 0.1

I have used ARHAIK.com as a personal blog for a number of years. Much of the writing was from 2016 – 2018. The below post is from Feb 2018. I wish I had coined the term Operation Chokepoint at that time. In another example of how global regulators are using lessons learned from the retailContinue reading “Operation Chokepoint 0.1”

Strategy vs Planning

I used ARHAIK.com as a personal blog for a time. Some posts from as far back as 2016 seem worth sharing here. The below is from Jan 4 2023 Strategic Planning. Many organizations engage in strategic planning at the end of each calendar year but I dislike the term “strategic planning” because “strategy” and “planning”Continue reading “Strategy vs Planning”

Blockchain’s Killer Use Case

This report and subsequent interview with Peter Johnson of Brevan Howard Ventures highlights the rise of stablecoins. I work for Circle, the purveyor of USDC, EURC, and our Digital Dollar infrastructure offerings so I may be a bit biased, but the proof is hard to deny. Stablecoins are replacing many forms of transmission of value,Continue reading “Blockchain’s Killer Use Case”

“Canceling” Student Debt

https://x.com/JoeBiden/status/1711126823201919437?s=20 I do not have much faith in the current US political system, or it’s leaders. Republican or Democrat, the parties have reduced US politics to a least common denominator battle for a very slim portion of the electorate. I am motivated to write this by the “canceled” in recent language from the Biden WhiteContinue reading ““Canceling” Student Debt”

DeFi is Unstoppable

DeFi is an unstoppable movement to change the way modern finance operates. Since the early 1980’s capital markets have been moving towards frictionless transactions. From price discovery, to order matching, to settlement, most changes to the transactions industry have been to improve efficiency. Decimalization, net settlements, regulatory reporting requirements, etc. If you believe that theContinue reading “DeFi is Unstoppable”