Georgi Shulev
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Musings on Technology

A personal collection of notes, reflections, and essays on technology, finance, and building — written over the years as I made sense of the ideas shaping our industry.

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Why Proof of Work Still Matters
January 24, 2019

Why Proof of Work Still Matters

As the industry moves toward Proof of Stake, it is worth understanding what Proof of Work actually provides — and what is lost when you remove it. PoW is not just an energy cost. It is a security model with unique properties that no alternative has fully replicated.

bitcoinconsensussecurity
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The Bottom Is a Process, Not a Moment
January 8, 2019

The Bottom Is a Process, Not a Moment

Everyone wants to call the bottom. But market bottoms are not single events — they are extended processes of capitulation, consolidation, and gradual rebuilding. The obsession with timing the exact low misses the point entirely.

marketscyclespsychology
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Georgi Shulev

Entrepreneur & Fintech Innovator

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