This is an issue that I’ve grappled with for years and have written about (https://mazmhussain.substack.com/p/what-bitcoin-and-crypto-are-for). I’ve tried convincing more left-leaning people about the possibility of crypto but come up against much opposition. This opposition has been built on a belief that crypto is simply a scam that utilizes effective storytelling to inflate hyper-speculative assets.

After years, I’ve stopped trying to convince people. This is because I’ve come closer to their perspective and developed a more negative view of the crypto world. This is not about the technology, which is neutral and can still have uses, but about the broader “crypto industry” which really is overrun with scamming and abhorrent behavior. 

I wrote about my evolving views here after years of observing this industry (https://paragraph.xyz/@unmediatedthoughts/casino-killed-the-computer-star?referrer=0x2503b70933119084c26df4c8d3e96d282de10743).

I still have some hope which is why I keep an open mind.

hottakes

Crypto does NOT have a tech problem.

Crypto does NOT have a product problem.

Crypto does NOT have a use case problem.

Crypto only has a culture problem.

Writer, podcaster, and commentator on foreign affairs and politics. Runs /dropglobalnews

Clanker Broadcasting Service /cbs

https://warpcast.com/chainleft/0xbac19707