Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It
For a technology that’s billed as an architecture of the future, crypto is powered by a discourse that’s rooted in the past. Perhaps that’s why so few cryptocurrency-based, Web3-style projects meaningfully address big, future-facing problems. Instead, they seem to want to re-create financial structures that already exist, only with new people at th... See more
The Atlantic • How The Internet Is Like A Dying Star
Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
nytimes.comMy web3 fears are that the basis for it all is two artefacts which were already distant to most people: financialization and the 1% art market (art as status or identity exploration which is so hyper 1%). These are potentially alienating bases to start from; where does it mean we can go?
Expanding Our Cultural Reference Points
The crypto ecosystem (or web3, or blockchain-based, or whatever you want to call it) is offering a new set of promises of how wonderful it will all be. Most of these promises will not be fulfilled, at least not fully or in the way we expect. But in trying to fulfill them, we will learn new things about what people can do online, and what types of b... See more