RT Nick Szabo (@NickSzabo4)Corporatism vs. socialism: an awful dichotomy, like Odysseus having to choose between having his ships destroyed by rocks if he steered them a bit too far north, and being sucked in by a whirlpool if they went a bit too far south.Innovations at large social scales -- and I daresay I helped a bit with that myself -- have often been a great economic boon for mankind. Innovations in contract law, property law, financial markets, and related areas have, after maturation, often turned ...

RT Nick Szabo (@NickSzabo4)Corporatism vs. socialism: an awful dichotomy, like Odysseus having to choose between having his ships destroyed by rocks if he steered them a bit too far north, and being sucked in by a whirlpool if they went a bit too far south.Innovations at large social scales -- and I daresay I helped a bit with that myself -- have often been a great economic boon for mankind. Innovations in contract law, property law, financial markets, and related areas have, after maturation, often turned ...

RT XXIM - Decentralise Capitalism (@xximpod)Strongly agree and must say brilliantly framed Scylla and Charybdis.Trust-minimized global tools like smart contracts let us reap large-scale benefits without surrendering our lives to remote bureaucracies or megacorps.Atleast for us the real path forward and a real test for humans is how we use them, either to to shield the small-scale institutions (family, church, durable local traditions) or to extend and propel the same remote bureaucracies or megacorps even f ...

Economic & Institutional Innovation - Innovations in contract law, property law, and financial markets have historically provided significant economic benefits after maturation [2] - Trust-minimized institutions at a global scale, leveraging blockchains, smart contracts, and AI, are expected to further improve global economies [2] Societal & Political Concerns - Over-emphasis on large scales in politics and economics, particularly remote trust-based institutions like governments and global corporations, has contributed to cultural issues [3] - The focus on GDP and economic productivity should be balanced with attention to smaller social scales, such as family, friends, and local communities [5] Community & Cultural Preservation - There is a need to reduce reliance on trust in strangers by refocusing political and cultural attention on smaller social scales [4] - Prioritization should be given to forming, growing, and protecting families and communities with long-standing shared understandings and traditions [6] - Long-standing religions and non-commercial traditions should be protected from disruptions caused by corporations, remote governments, and globalization [6]

RT Nick Szabo (@NickSzabo4)Corporatism vs. socialism: an awful dichotomy, like Odysseus having to choose between having his ships destroyed by rocks if he steered them a bit too far north, and being sucked in by a whirlpool if they went a bit too far south.Innovations at large social scales -- and I daresay I helped a bit with that myself -- have often been a great economic boon for mankind. Innovations in contract law, property law, financial markets, and related areas have, after maturation, often turned ...

“Private smart contracts are the last big missing piece of what our industry is supposed to supply to the financial system."@SergeyNazarov explains how Chainlink Confidential Compute and CRE enable institutions to create private smart contracts on any chain ↓Chainlink (@chainlink):"We're really devoting a huge amount of resources as a community to bringing the institutional world onchain."At SmartCon 2025, @SergeyNazarov joined the @ThinkingCrypto1 podcast to discuss the acceleration of institutional adopti ...

Chainlink’s LINK token has slipped back into a consolidation phase after a volatile summer. The fast climb from $11 to $28 didn’t hold, and the price later dropped to around $14 in early November. Analysts say the pullback reflects broader uncertainty in the market, as traders wait for clearer signals on interest rates and monetary policy. Despite the correction, Chainlink remains central to the blockchain ecosystem. It is still the main network that connects smart contracts to real-world data, a role t ...

Summary of Fidelity National Financial (FNF) FY Conference Call Company Overview - **Company**: Fidelity National Financial (NYSE: FNF) - **Industry**: Title Insurance and Real Estate Services - **Key Executives Present**: Mike Nolan (CEO), Tony Park (CFO), Lisa Foxworthy-Parker (SVP of Investor and External Relations) - **Significance**: FNF is the largest title insurance company in the U.S. and plays a crucial role in the housing and real estate ecosystem, with a majority ownership in F&G, a life insurance and annuity business [1][2] Current State of the Housing Market - **Market Conditions**: The U.S. housing market is experiencing a reset due to higher interest rates, affordability challenges, and limited supply. Existing home sales are forecasted to remain around 4 million units annually, which is historically low [2][4] - **Signs of Stabilization**: There are early signs of stabilization, including increased inventory and modestly lower home prices. Current mortgage rates are around 6.364%, down from 6.8% a few months ago [4][5] - **Future Outlook**: A gradual recovery is expected, with existing home sales projected to increase to about 4.5 million units in 2026, assuming stable labor markets and home prices [6][10] Factors Influencing Purchase Activity - **Affordability Issues**: The primary barrier to increased purchase activity is affordability, exacerbated by rising home prices over the past few years. Lower rates could help unlock pent-up demand [12][14] - **Construction Shortage**: The U.S. is estimated to be short by 3 to 6 million homes, which is impacting affordability and purchase activity [16][18] - **Consumer Sentiment**: Real estate agents report optimism about future activity if prices stabilize and rates decrease [20][21] Commercial Real Estate Performance - **Growth in Commercial Segment**: FNF has seen seven consecutive quarters of double-digit growth in the commercial segment, with recent growth exceeding 20% year-over-year. This growth is driven by diverse asset classes and geographies [36][37] - **Sustainability of Growth**: The commercial segment's strength is expected to continue, with a projected direct commercial revenue of around $1 billion, nearing record levels [40][41] Technology and Automation - **Investment in Technology**: FNF has invested in automation and technology for decades, which has helped maintain margins that exceed peers by approximately 600 basis points. Over 90% of volume interacts with proprietary title plants and automation technologies [51][53] - **AI Integration**: FNF is incorporating AI to enhance productivity and efficiency across various functions, including document analysis and title processing [63][68] Capital Allocation Strategy - **Shareholder Returns**: Since 2020, FNF has returned over $4 billion to shareholders through dividends and buybacks. The company maintains a strong cash flow, with $733 million in cash at the holding company level [69][71] - **Future Plans**: FNF is focused on balancing dividends, buybacks, and reinvestment in the business, with a cautious approach to acquisitions in the current market [70][71] Regulatory Environment - **Title Fees and Policy Changes**: FNF is monitoring regulatory changes regarding title fees and potential new mortgage products, such as portable and 50-year mortgages. The company believes these changes may not significantly impact the market [74][78] F&G Business Update - **Distribution of F&G Shares**: FNF announced a distribution of 12% of F&G's common stock to shareholders to enhance market recognition and liquidity. F&G has grown significantly, contributing 32% of FNF's adjusted earnings [82][85] - **Strategic Fit**: F&G is expected to continue generating strong cash flow and dividends for FNF, with a focus on a capital-light strategy [88][89] Key Takeaways - **Market Position**: FNF's scale and multi-brand strategy provide a competitive advantage in the title insurance market, particularly in a rising market [96] - **Future Confidence**: The company is optimistic about its positioning as the housing cycle evolves, driven by its operational efficiency and market share [96][97]

RT THE HUNTER ✴️ (@TrueGemHunter)Why Im bullish on @wardenprotocol 🤯✨ Smart contracts leveled up. Warden turns them into verified agents that can act across Cosmos, EVM and Solana.💡 Build anything. Reach anyone. Run everywhere.🚀 Millions already interact with the network, and it is built to scale.✅ SPEX keeps every onchain AI action verified and trustworthy bringing Web3 and AI together in a clean way.The agent economy is here and growing fast. Are you plugged in yet? ⚡ ...

RT THE HUNTER ✴️ (@TrueGemHunter)Why Im bullish on @wardenprotocol 🤯✨ Smart contracts leveled up. Warden turns them into verified agents that can act across Cosmos, EVM and Solana.💡 Build anything. Reach anyone. Run everywhere.🚀 Millions already interact with the network, and it is built to scale.✅ SPEX keeps every onchain AI action verified and trustworthy bringing Web3 and AI together in a clean way.The agent economy is here and growing fast. Are you plugged in yet? ⚡ ...