Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)

• What was the aha moment for Scott with crypto?
  
  
  • Scott was aware of crypto early, but very skeptical. Saw that everyone was trying to decentralize just for the sake of it. But decentralization has costs. Centralized entities are often more effective in coordinating interaction.
  
  
  • His opinion started to change with examples of use-cases where tech was

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To know me is to understand that I have been, am now, and will continue to be knee-deep (read as: submerged) in both web3 and crypto. For better or worse—depending upon who you ask—this is not new; I have been beating the web3/cryptocurrency drum for a number of years now. The disintermediation of trust, from partial third parties to objective math... See more

So the real argument for crypto, and more broadly decentralization, is not that centralized systems are broken. Or that the current business models of the internet are not working. Because, in fact, they are for most consumers and many tens of thousands of creators. It’s that they are so functional that only a radical redistribution of control and ... See more

So, I mean, look, it’s cryp to , cryp to   is crazy   and   it’s very difficult   to   predict exactly what’s going   to   happen with anything. But   the   two things I said that I’d do with   the   m on ey are,   the re’s return   on   investment,

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