Jack Dorsey, Marc Andreessen and the Makings of a Crypto Holy War

In Web 3, companies achieve liquidity early via ‘tokenomics’ and other novel mechanisms to raise capital from users (often highly speculative in nature), and build the necessary technical infrastructure to create an alternative internet: decentralized servers, identity-management ‘wallets’, token exchanges allowing easy movement among various ecosy... See more

There's no doubt that this situation has been influenced by our recent past, with the seemingly endless stream of calamity and political strife. It's also influenced by how we see the future - and many people think the future is generally bad. I guess the crypto enthusiasts are just trying to maximize their bottom line or take refuge in ideologies ... See more

About his approach to crypto Got into crypto when he understood that it is an opportunity to define values numerically, to express them in a new medium, to build systems that respond to an input and desired output beyond just the growth rate or financial take of a system.

The first part isn’t entirely unfair; scams and ponzi schemes are everywhere, and it seems clear that we are in the middle of an ever-inflating bubble. It’s also the case that an entire set of legitimate use cases are in reality regulatory arbitrage; crypto advocates are far too quick to ascribe all of the issues with the current monetary system to... See more