The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Yan: Day-one VC insiders permanently scar a protocol's credible neutrality
“If there are insiders from day one, it doesn't matter how much dispersion of supply, mindshare, talent, et cetera. There is the sort of like the big bang moment will always be there and will always sort of like a scar on the record of the thing.”
Jeff Yan Oct 22, 2025 ▶ 4:56 Building a $10B+ DeFi Protocol with Just 11 People | Jeff Yan Joins TBPN
Insight
Yan: Retail options traders get fleeced due to complex pricing dynamics
“It's actually really hard to price an option, especially if you're retail and especially if you're using like an app that doesn't give you the information that you need. And so you're kind of getting fleeced because there was like very complicated structures.”
Jeff Yan Oct 22, 2025 ▶ 14:01 Building a $10B+ DeFi Protocol with Just 11 People | Jeff Yan Joins TBPN
Insight
Yan: Automated trading requires approximations due to noise, unlike AI learning
“I think there's a lot of, it feels a bit like doing physics kind of. It's like you do a lot of approximations. You don't, you can't get anything exactly right because markets are basically a, there's a lot of randomness, right? There's more noise than there is…”
Jeff Yan Oct 22, 2025 ▶ 10:07 Building a $10B+ DeFi Protocol with Just 11 People | Jeff Yan Joins TBPN
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