Posts on finance — Page 2

DAOs promise governance without a boardroom. The actual turnout numbers, delegate concentration, and a few expensive attacks tell a more complicated story about how these organizations really run.

Blockchains publish every transaction, which makes on-chain data feel like proof. Most of the charts built on top of it are inferences, and a few of the…

Scheduling apps issue debit cards now, and invoicing tools offer loans. Here is the three-layer stack underneath embedded finance, where the money actually…

Sector rotation charts promise a map of the business cycle laid over the stock market. The taxonomy and the economic logic hold up well.

A high dividend yield can mean a company is generating serious cash, or it can mean the share price is falling faster than the payout.

Your card number isn't in your phone. Here's what a digital wallet actually stores, why a stolen token is useless on its own, and why merchants care about…

For years, whether a token was a security came down to a lawyer's read of a 1946 orange grove case. In 2026 the SEC finally published a taxonomy, and then…

The SPIVA scorecards are the most-cited evidence in the passive-versus-active debate. Here is what they actually measure, why survivorship and persistence…

On-chain lending replaces credit checks with collateral, loan officers with a utilization curve, and collections with bots.