5min chapter

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135 - Crypto Wars 2.0 with Zooko

Bankless

CHAPTER

Is CBDC the Clipper Chip?

In the 1990s, there was a policy debate over what would happen if every device connected to the internet had a clipper chip. A cypherpunk scientist named Blaze investigated how the clipper chip worked and found that it didn't work. Blaze: There was civil disobedience from activists who were trying to make sure power stayed in the hands of individuals. He says he's been having like Deja Vu this morning after hearing about Biden's executive order on crypto.

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