The upshot of all this right is the weird and wild times are basically over and crypto is just sort of going to wire in with everything else and become as boring as the internet itself.
Bitcoin will always be there for the cowboys to ride away into the cypherpunk sunset on — but there will be fewer and fewer cowboys until eventually there are none. The days of the hype and the weirdness and the memes are all gone or at least going.
Before long it will be platformified, tamed and probably governed by algorithms, just like speech is online.
Frankly reminds me of Tim Wu’s books about the late 1990s/early 2000s on the emergence of the internet and how it eventually got tamed. Good framing. Another rabbithole for me to go down..
The upshot of all this right is the weird and wild times are basically over and crypto is just sort of going to wire in with everything else and become as boring as the internet itself.
Bitcoin will always be there for the cowboys to ride away into the cypherpunk sunset on — but there will be fewer and fewer cowboys until eventually there are none. The days of the hype and the weirdness and the memes are all gone or at least going.
Before long it will be platformified, tamed and probably governed by algorithms, just like speech is online.
Frankly reminds me of Tim Wu’s books about the late 1990s/early 2000s on the emergence of the internet and how it eventually got tamed. Good framing. Another rabbithole for me to go down..