iiinova — where your digital self keeps evolving

Daniel McGlynn @danielmcglynn.bsky.social · 19/04/2026

The latest signal is new wiring, not a new chain or a new product: Ethereum's EIL, the SEC's digital asset taxonomy, and NYSE's tokenized platform. Open Money's next phase is all about growing the connective tissue. www.danielmcglynn.com/the-wiring-p...

danielmcglynn.com

Open Money's Wiring Phase: Interop, SEC Rules, Tokenization

This week, Ethereum's native interop proposal, the SEC's jurisdictional taxonomy, and the NYSE's tokenized securities build, all landed inside a few days of each other. Together they describe a differ...

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Daniel McGlynn @danielmcglynn.bsky.social · 11/09/2025

Decentralized prediction markets are finally scaling. The dream: sharper foresight, priced into public markets. The fear: monetizing vibes, turning democracy into a betting pool. A look at the paradox at the heart of Open Money: www.danielmcglynn.com/future-of-pr...

danielmcglynn.com

Prediction markets and a thin line between utility and chaos

Prediction markets promise sharper foresight about the future — but do they actually deliver truth, or just monetize vibes? As billions flow into these new kinds of markets, what are we actually betti...

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Daniel McGlynn @danielmcglynn.bsky.social · 29/08/2025

Zero-knowledge proofs sound abstract — until you realize they can change how we trust software, data, and institutions. I talked with Samuel Judson, head of zkVM engineering at Nexus, about why zk tech is having a moment — and what’s coming next. 🎧 Listen: open.spotify.com/episode/0PJX...

open.spotify.com

Episode 4: The Nexus zkVM, Explained

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

The myth gave Bitcoin its rhythm. But markets grow up. Narratives evolve. Scarcity rituals now coexist with yield spreads and fund flows. Full take: www.danielmcglynn.com/bitcoin-four...

danielmcglynn.com

Is Bitcoin's four-year cycle dead?

Breaking the halving beat: Do liquidity and institutional flows dominate now?

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

The halving still matters — but it’s fading into the background. What was once crypto’s internal clock now ticks in sync with global finance. Liquidity cycles are louder than subsidy cuts.

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

An ETF doesn’t ape in at midnight. It rebalances at quarter’s end. It tracks inflows. It benchmarks. This isn’t magic Internet money anymore. It’s a macro asset.

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

Why the shift? 93% of all BTC is already mined ETFs absorbed tens of billions New buyers are institutions, not Discord traders Liquidity flows > meme flows

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

But this time around? Bitcoin’s price looks less like a retail chart... and more like a Wall Street one. The beat isn’t block height. It’s ETF flows, Treasury yields, and the shape of the yield curve.

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

It wasn’t just a protocol change — it became folklore. Memes. Charts. Telegram cults counting down to the next block. Retail-driven cycles where “number go up” felt coded into Bitcoin’s DNA.

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

The halving was simple and symbolic: Every 210,000 blocks, the Bitcoin subsidy gets cut in half. Scarcity goes up. Price follows. 2012 halving → 2013 run 2016 halving → 2017 mania 2020 halving → 2021 peak A neat, four-beat rhythm.

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Daniel McGlynn @danielmcglynn.bsky.social · 17/08/2025

Every four years, crypto tuned itself to the #Bitcoin halving — a ritual scarcity event that signaled the start of a bull market. But 2025 feels different. What happens when myth meets macro?

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Daniel McGlynn @danielmcglynn.bsky.social · 03/08/2025

The SEC’s new “Project Crypto” is a blueprint for Open Money. With clear rules, self-custody support, DeFi integration & an innovation exemption, it lays the groundwork for a composable, onchain financial system. www.danielmcglynn.com/what-does-pr...

danielmcglynn.com

SEC’s Project Crypto: A New Era for U.S. Crypto Markets

The SEC just unveiled Project Crypto — a sweeping initiative to modernize U.S. securities law and bring digital asset markets onchain. It promises clear token classification, support for DeFi and self...

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Daniel McGlynn @danielmcglynn.bsky.social · 16/06/2025

Platforms extract. Protocols reinvest. Profits to the protocol = funding public goods.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

The takeaway: Stablecoins are becoming a default money layer for the internet. The UI stays the same. The rails change. And the next time you check out online, crypto might be doing the heavy lifting.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

Regulation is catching up, too. The GENIUS Act is working its way through Congress. If passed, it gives Walmart and Amazon a legal path to launch fully-reserved, regulated stablecoins at scale.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

This isn’t mass adoption through onboarding. It’s adoption by absorption. Stablecoins hide the crypto and deliver the benefits. No seed phrases. No L2s. Just dollars that move like messages.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

Here’s the big unlock: stablecoins let web2 companies join web3 without changing the user experience. You still tap “Pay.” You still get your order. Only now, the backend is programmable, fast, and global.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

Meanwhile, Amazon and Walmart are reportedly exploring launching their own stablecoins. They’re not chasing hype. They’re chasing margins. Billions in annual card fees are on the table. Stablecoins cut out the middlemen.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

PayPal just added Stellar as the third chain for PYUSD. Why? → 5-second settlement → Sub-cent fees → Remittance rails that already reach the global edge This isn’t a flex—it’s infrastructure.

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Daniel McGlynn @danielmcglynn.bsky.social · 15/06/2025

Stablecoins are becoming crypto’s killer app—just like email was for the web. And this month, PayPal, Amazon, and Walmart made moves that could quietly remake how money flows online. 🧵

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Daniel McGlynn @danielmcglynn.bsky.social · 08/06/2025

Circle’s explosive IPO signals a turning point in crypto. ARK bets big, Gemini follows, and stablecoins step into Wall Street’s spotlight. From policy shifts to programmable dollars, this is how internet money finally goes mainstream. Don’t miss what's next. www.danielmcglynn.com/circles-ipo-...

danielmcglynn.com

Circle’s IPO boom: ARK bets, Gemini follows, crypto shifts

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Daniel McGlynn @danielmcglynn.bsky.social · 29/05/2025

But increasingly when I think about the future of the internet I think about my kids...

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Daniel McGlynn @danielmcglynn.bsky.social · 29/05/2025

Recently, the idea of thinking about internet architecture feels less revolutionary and more existential. The motivations are different. I used to worry about macro outcomes -- things like decentralization and economics, etc. And to a large extent that's the stuff I still write about.

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Daniel McGlynn @danielmcglynn.bsky.social · 29/05/2025

I write about the internet. However unpopular the opinion might be, I believe the open internet and open money are fundamental to holding the line on things like unchecked power and the growing divide between the ruling class and everyone else.

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Daniel McGlynn @danielmcglynn.bsky.social · 01/05/2025

www.danielmcglynn.com/21-capital-a...

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Daniel McGlynn @danielmcglynn.bsky.social · 01/05/2025

The 21 Capital launch is more than another institutional play. It introduces new performance metrics. Instead of EPS, it reports bitcoin per share (BPS) and bitcoin return rate (BRR). Investors aren’t buying dollar exposure — they’re buying a claim on a growing #bitcoin base.

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Daniel McGlynn @danielmcglynn.bsky.social · 02/04/2025

Stablecoins in today’s Money Stuff

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Daniel McGlynn @danielmcglynn.bsky.social · 02/04/2025

feels like decentralized infrastructure of all kinds is only going to become more important... a16zcrypto.com/posts/listic...

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Daniel McGlynn @danielmcglynn.bsky.social · 31/03/2025

very cool, but also zk feels like one of the fastest moving sectors in computing rn

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Daniel McGlynn @danielmcglynn.bsky.social · 31/03/2025

I'm generally summarizing this ad and other recent developments in the industry as the "paradox of success." The basic gist is that the narrative about why we need crypto in the first place is lost

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Daniel McGlynn @danielmcglynn.bsky.social · 31/03/2025

Tornado Cash is off the U.S. sanctions list. The mixer, once accused of laundering billions, is at the center of a legal and philosophical debate about code, privacy, and the future of onchain finance. What happens when code isn't a crime? Read the latest from Open Money ↓

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

8/ Crypto doesn’t fail because it scales. It fails if it forgets why it should exist at all. That’s the paradox of success. And the opportunity—to build systems that get more principled, not less, as they grow. Full essay here: 🔗 www.danielmcglynn.com/paradox-of-s...

danielmcglynn.com

Crypto’s paradox of success: How political wins could threaten long-term innovation

Recent events — from a pulled Solana ad to a presidential crypto speech — highlight a growing tension in the crypto industry. Is mainstream legitimacy coming at the cost of innovation?

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

7/ The path forward isn’t purity. It’s coherence. We can build robust systems and honor first principles. We can scale and resist capture. We can grow and still choose constraint, when it protects the mission.

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

6/ So what now? We don’t need to rewind to Bitcoin’s block zero or live in a constant state of resistance. But we do need to re-center the foundational questions: Why decentralization? Why openness? Why does any of this matter?

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

5/ This is the paradox: Crypto wins → Crypto matures → Crypto drifts. The early constraints that shaped its identity—ideological alignment, clear enemies, existential risk—give way to comfort, compromise, and sometimes co-option.

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

4/ As crypto grows, the forces it originally sought to sidestep—compliance regimes, corporate structures, economic incentives—begin to seep in. The danger isn’t just dilution. It’s inversion. When crypto starts to look like the systems it meant to replace.

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

3/ Today, the crypto industry is more visible, more invested in, and more normalized than ever. That’s a kind of success. But success breeds its own problems—especially for a movement built on decentralization, permissionlessness, and resistance to capture.

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

2/ Crypto started as a rebellion. A set of tools, protocols, and ideas meant to rewire how power and trust work online. Early momentum came from scarcity: limited resources, outsider status, and a shared sense of urgency. But that story is changing.

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Daniel McGlynn @danielmcglynn.bsky.social · 28/03/2025

1/ Crypto has a paradox problem. The more the industry succeeds—the more infrastructure gets built, the more capital flows in, the more institutional attention it attracts—the harder it becomes to stay true to its founding principles. 🧵 On the paradox of success in crypto:

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Daniel McGlynn @danielmcglynn.bsky.social · 27/03/2025

What if what we call AI hallucinations now are really the beginnings of a new thing... artificial imagination?

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Daniel McGlynn @danielmcglynn.bsky.social · 20/03/2025

If I had to guess, I think that decentralized oracles will only become more important and a bigger business during the rise of AI agents. Decision makers need data: www.danielmcglynn.com/decentralize...

danielmcglynn.com

Oracles: Connecting blockchain and real-world data

Oracles are an important part of Open Money. They securely connect blockchains to external data sources and enhance smart contract functionality

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Daniel McGlynn @danielmcglynn.bsky.social · 16/03/2025

Request for product: A wallet-connected media platform that would allow me to publish longform work, host AMAs or live-interview kinds of formats (almost like an irregular podcast), and host a community where the main focus is a curated news/info feed. Does something like this exist?

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