I think a lot of things that crypto claims to be, it's the opposite. A big thing for me is this argument about decentralization. I mean, all this sort of gestures towards the galetarianism and decentralizing power and distributing power. But what you're really doing is for re shuffling power relations. And i think that's a problem you see throughout especially decentralized finance.
Edward Ongweso Jr. and Jacob Silverman on cryptocurrency, NFTs, Elon Musk, the metaverse, meme stocks, and techno-utopianism amid the crushing reality of our neoliberal hellscape. The first in a two-episode series on crypto.
Read Dan's new essay on border control politics: nplusonemag.com/online-only/online-only/border-crises/
Support The Dig at Patreon.com/TheDig