The only advantage crypto currency has is criming, basically ignoring all those pesky laws that were invented in the twenties about securities fraud. The entire tech industry is largely premised on avoiding regulation. I personally loathe the silican valley business model of break the laws and then ask permission. Where do you think it's going to go? Am, call me an optimist. But what i see is happening, and i don't know when this will happen.
Crypto is crashing, which makes it the perfect time to ask whether blockchain technology is actually — you know — useful for anything. Computer scientist Nicholas Weaver joins Adam to discuss the inherent flaws in the technology, the shockingly slow state of innovation considering that the technology has been around for a decade, and what a better system for digital money might be. You can follow Nicholas on Twitter at @ncweaver.
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