What Intellectuals Still Don’t Get About Crypto

Posted on by American Coins & Gold

What Intellectuals Still Don’t Get About Crypto
“Yes, Web3 is a bunch of bullshit. The problem is, compared to what?”That subhed to Matt Stoller’s newsletter this week set me off even more than the headline, which read, “Cryptocurrencies: a Necessary Scam?”To be clear, my issue isn’t with the all-too-common grammatical slip in the comparative. (Hint: Matt, please review Shakespeare and the difference between “compare to” and “compare with.”)You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. Subscribe to get the full newsletter here.No, what got me was the…