Climbing out of the rabbit hole

For all the talk about how crypto is changing the world, the vast majority of token-based projects are short term games that structurally devolve into glorified pyramid schemes. Inflated expectations lead to the classic boom-bust cycle where speculative intent runs ahead of reality, and eventually, it all falls down.

- I can’t help myself but seeing the current blockchain ecosystem as a neo-bauhaus, where new creators + leaders are emerging, teaching and changing the landscape of finance, design, art, music, culture forever

The path to onboarding 1 billion people to crypto probably looks like a combination of Mosseri’s vision and what Devin and Alice are building. It boils down to culture—and at the end of the day, content powers culture.