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fintechdystopia.com | ||
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unlimitedhangout.com
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| | | | | While often pitched as decentralized, the key infrastructure upholding consensus on Ethereum has been dollarized by stablecoin issuers. These same entities, in addition to the currency speculators behind Block.One, were willing partners in the set up and take down of Terra-LUNA and FTX. | |
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www.moneyandbanking.com
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| | | | | On December 20, one of us (Steve) engaged in a debate with Professor Peter Conti-Brown of the Wharton School on whether crypto should face federal financial regulation. Hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings, and moderated by Kelly Evans of CNBC, you can watch the one-hour debate here. We found both the questions and the discussion very enlightening. In this post, we will summarize our views, as well as those of Professor Conti-Brown. | |
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hbr.org
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| | | | | Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized finance, and more. It offers a read/write/own version of the web, in which users have a financial stake in and more control over the web communities they belong to. Web3 promises to transform the experience of being online as dramatically as PCs and smartphones did. It is not, however, without risk. Some companies have entered the space only to face a backlash over the environmental impact and financial speculation (and potential for fraud) that comes with Web3 projects. And while blockchain is offered as a solution to privacy, centralization, and financial exclusion concerns, it has created new versions of ma... | |
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risingthumb.xyz
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| | | [AI summary] A blog post analyzes the technical flaws and privacy concerns of Bitcoin, suggesting that alternative cryptocurrencies like Ethereum and Monero are more promising investments. | ||