All technologies have the capacity to help or harm; blockchains are no different. The question is, how can we maximize the good while minimizing the bad?
DA: Well, totally. I feel the same way about like, why can I not pay 10 cents to read a fucking New York Times article? I realize that people have been proposing companies that would build this layer for so long. Some of them already exist. So maybe it's stupid to hope that blockchain would do it, but at the same time it's not a question of where d... See more
One thing that has always felt strange to me about the cryptocurrency world is the lack of attention to the client/server interface. When people talk about blockchains, they talk about distributed trust, leaderless consensus, and all the mechanics of how that works, but often gloss over the reality that clients ultimately can’t participate in those... See more
there’s very specific things that crypto technology does well. But actually most other things, it doesn’t do so well and it introduces more trouble than it’s worth. And so we need to be really intentional about where we put the crypto as opposed to all the other stuff.