http://reactionwheel.net/2019/11/startups-and-uncertainty.html

## 2021 [Stripe and Solid-State Economics](https://diff.substack.com/p/stripe?token=eyJ1c2VyX2lkIjoxMjA3OTgxNywicG9zdF9pZCI6MzYxNTc0MDcsIl8iOiJaSkdBRyIsImlhdCI6MTYyMDQ2ODc5NiwiZXhwIjoxNjIwNDcyMzk2LCJpc3MiOiJwdWItMTk0MzAiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.on7LpPa3yZl0dAMv5fYoNMN0ptF-A88iQ2QwiVhVOn8)


https://www.vedomosti.ru/economics/articles/2020/12/28/852820-nevidimie-finansi

## [Robinhood soars, attracts regulator ire](http://links.angel.co/e/evib?_t=26b4e8aeb47d4cd3acd5eba415f76f62&_m=8e8807fcd56e4883b60010af417a088e&_e=AaO57CoIEe1vlq1O586SrpYEuO0P4MvyJJsGdV9U2sMFZEbQ5utvN6z20_5Z-ZQaC76e5X72WTStMtA4g8Dq7Fi2k8ZIUATvUPBNHYBXaefImU21J_TY5N2GPjTnnOSO)

- https://stratechery.com/2021/internet-3-0-and-the-beginning-of-tech-history/

- [The rise of “neo-niches” – the next frontier in fintech](https://www-globalbankingandfinance-com.cdn.ampproject.org/c/s/www.globalbankingandfinance.com/the-rise-of-neo-niches-the-next-frontier-in-fintech/amp/) Konstantin Sidorov

## a16z [Fintech cozies up to the creator economy](https://info.a16z.com/index.php/email/emailWebview)

[“Buy and Hold” No More: The Resurgence of Active Trading](https://a16z.com/2021/03/29/active-trading/) by Anish Acharya and Matthieu Hafemeister

[The Case for Default Insurance](https://a16z.com/2021/02/18/the-case-for-default-insurance/?utm_medium=email&utm_source=newsletter&mkt_tok=eyJpIjoiTm1Zd01UaGxaVE14WmprMCIsInQiOiJmREJrQUx2VjllSGhvT0FxRytXNEpEcWJXdkdudzhYckhcL3pKUVp5eXRDVkJCTmJlclV3NVVtbjBGQks3T2dTYm1GMG05QXZEZXl0RXF2Rk52MDRGUGF1T1JrVVQ3bFJqNFJpc3F3MXpna2pId1hyZ3UzQU43Nm8yOHlhamFLY1cifQ%3D%3D)
by Angela Strange and Seema Amble

[Who Will Control the Software That Powers the Internet?](https://a16z.com/2021/01/14/internet-control-crypto-decentralization-community-owned-operated-networks/?utm_medium=email&utm_source=newsletter&mkt_tok=eyJpIjoiTWpVeU1XSmhOREkzTVRZNSIsInQiOiJRdkc1Z0NRYmthVm1QcitiUTdCTXkralpKak5rSDJUVHZBanhDOGw4VFZjQ3hcL0VENDQ4MW1cL3ROcVFBUTVsTitYM2NLaFYwdHd1blptRHhZRHJYNDFZRkRPcUhFVWVXTEEwSFhXMHR4TTdLZ084dUQrS1pCUVRMQWZVWGVvQmEwIn0%3D)
by Chris Dixon