Cryptocurrency Space Has the Long Term Memory of a Horny Mayfly

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The crypto currency space has the long term memory of a horny mayfly. It doesn't even remember their own scamps. The editor of bitcoin magazine bet hundredsb a hundred thousand dollars that he did not havethen the thing was legic. But guess who ran the ponsiski? An unknown person by the name of pirate at forty hanf % of all big coinwere weono last, fers into pirate savings and trusts.

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. Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.