I've been in mostly violent agreement with @smdiehl and others who call out cryptocurrency and its descendants for what they are—an end run around financial regulation at best, a massive fraud at worst. We all agree it makes no sense as a technology. But one thing worries me:https://twitter.com/smdiehl/status/1445795667826208770 …
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As a fan of your writing from way back, I want to respectfully suggest that you may be halfway there; crypto and NFTs are a morally neutral engine for all kinds of good and bad behavior; the uniting flavor is newness not a particular morality.
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Replying to @Halikaarn1an @smdiehl
I don't think that's right. It's an unregulated casino with an interesting bar scene. There's nothing morally neutral about the criminality at the heart of the endeavor.
7:10 PM - 6 Oct 2021
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