Climate and Crypto

Indeed, within my social/intellectual circles, the dominant view seems to be that Bitcoin amounts to climate terrorism in the service of tulip mania, that NFTs are a pyramid scheme, and the main crypto use case is crime-enabling asset concealment and money laundering.

Katie: Sometimes the middleman can be important. Let's address the environmental disaster: there re blockchains that are carbon negative. Many have adapted proof of stake. The problem of electricity usage is in proof of work consensus mechanisms. Right now 76% of Bitcoin miners are incorporating renewables into their mix. I have confidence in the B... See more

One area where I think we are going to see our conception of Crypto change dramatically over time is its relationship to energy.

Fast forward to today, and it’s become increasingly clear that the crypto ecosystem – specifically, its blockchain infrastructure – will fundamentally change the way we use, build and benefit from the internet.

The world of cryptocurrency is very economic (lots of tokens flying around everywhere, with lots of functions being assigned to those tokens), very neo (the space is 12 years old!) and very liberal (freedom and voluntary participation are core to the whole thing). Do these critiques also apply to blockchain systems? If so, what conclusions should w... See more

In crypto, the price follows this weird (but structured) feedback loop where it actually increases the fundamental value by rising.The rising price creates more interest, which leads to new ideas, new startups, and new projects who ultimately feedback into a positive price again due to the innovation happening.


What´s a Blockchain? A virtual

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