1/ Deeper Dive into my Long Form Post/Cast on why

I’m more bullish than I have ever been about crypto.

https://x.com/jerallaire/status/1803432989113593890

“Public blockchain infrastructure has evolved into its 3rd generation, providing global scale network computers that can handle large scale applications with trusted data, transactions and compute.”

My mental model for blockchain networks has always been network operating systems.  This is one of the most important things to help people understand what’s happening with this new infrastructure layer on the internet.

The way that most “important people” (e.g. MSM, policymakers, people running big financial institutions) filter the concept of “blockchain” is typically hyper narrow – it’s a technology for “cryptocurrency”, which is “mostly bad and useless”, and even as a technology its never been proven to be useful for anything other than constructing online casinos and proliferating scams.

+100 🔥 FIRE tip dispatched. Do check your balance.

Crypto, internet, open software, global macro, human rights.