Monday, April 18, 2022

Tales of the Crypto -- either slightly early or really late Tuesday tweets

Web3 writing has been breaking into three broad camps.
The first believes (or would like the marks to believe) that blockchains and the rest will usher in an age of tremendous benefits and innovation. The second can see how bad the web3 arguments are but still believes there must be a pony in there somewhere (NYT being the leading example). The third is coming to the Doctor Tarr and Professor Feather conclusion that the inmates are running the asylum.

The best arguments are coming from the third camp.

I meant to follow up our post on the NYT's embarrassing "The Latecomer's Guide to Crypto." Now I don't have to. This exhaustive and devastating paragraph-by-paragraph examination is the last word.


And this.

For a good deep dive.

And another.

The latest of many.

Say this about Ponzi, he never contributed to the destruction of a planet.

And finally, our moment of schadenfreude. 

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