I have absolutely no faith in crypto as a force for good. The decentralisation and crypto anarchism ideas that drew me to the space are dead. Crypto capitulated completely to the US government. The grift is everywhere. The extraction has reached new levels. It’s just a centralized, PVP casino.

The only useful cryptocurrency have proven to be stablecoins. The “crypto industry” is the world’s largest mafia-run casino.

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

Clanker Broadcasting Service /cbs

By definition then Ethereum is useful since it enables stablecoins.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Seeing as most popular stables are fundamentally centralised company scrip, they're going to solana which is faster and cheaper.