A sceptic’s guide to crypto: the crypto Wild West
FT Tech Tonic
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Cryptocurrency Market Manias Are Not New
i organized a letter campaign where i recruited, initially 26 other technologists and computer scientists to write a letter to congress. The purpose of the letter was to address the concern that many of us in the inistory have, is that our views are not being reflected in policy. Market manias are not a new phenomenon. They've been occurring ever since we had public markets in the 16 hundreds. Attempts to build private money, attempts to financialize nothingness, always endid ruin o,. because they're just bad ideas. And crypto pretends to be the money of the future, but it's actually theMoney of the past.
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