6min chapter

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Stephen Diehl: The Dark Side of Web3, Crypto & NFTs

Value Hive Podcast

CHAPTER

The Incoherence of Crypto Currency

The fundamental case against crypto is pretty, pretty compelling. But then it leads us into this foundational question of, if crypto currency isn't a currency, right? And so maybe it's this, this crypto asset, which is what you title the blog post, like, what type of asset should crypto be? The answer that you choose to that question in part dictates how you then think about the utility of that asset. You could view cryptos as a security, whether that's unregulated or or irregulated securities and then the final one that you gives is crypto as art.

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