Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
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Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
In the past decade and a half the institutions that people were told had their best intentions at heart have failed them, and the cypherpunk ethos of distrust of institutions and prioritisation of personal liberty has become a compelling story. The appeal of cryptocurrencies is the promise of the creation of new institutions that are resilient and
... See moreJoshua Dávila • Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It
Programmable securities, money streaming, and a global buyer of energy of last resort are tremendously exciting. Their growing promise is evidence that Bitcoin is, “not just a digital rock,” to cite an expression frequently utilized by Elizabeth Stark.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
NYT vs BTC. This is another obvious one, the American regulatory state (which NYT is upstream of) against the decentralized network. We are seeing this push with efforts like the failed 2021 House Bill and the “concerned.tech” letter. Note the demographics of the signatories to the latter: it is almost entirely white Westerners complaining about th
... See moreBalaji Srinivasan • The Network State: How To Start a New Country
But the Bitcoin world has been trending more and more toward centralization in recent years. A few major players are gobbling up parts of Bitcoin’s essential infrastructure, and it’s getting harder for an individual (especially one who’s not rich) to have a say on the future of the currency.
Neel Mehta • Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
She is correct to be skeptical. There are three major barriers: technical execution, storytelling and onboarding, and regulatory limits. Smart contract developers are in short supply, a potential hindrance to technical execution. And then there is messaging. Will the average coffee consumer care about governance, involvement in brand guidance, or t... See more