cryptocurrency
-
Predicting that the U.S. dollar will fail is so much more convincing when you can cause its failure.
Cryptocurrencies are inherently wasteful & subject to the whims of their developers. But if a person were in charge of both a cryptocurrency AND the U.S. government, that person could make the government worse by comparison.
-
On trust and money.
In economics textbooks, the origin of money is often described as a replacement for barter. Silly examples are given: if you raise cows and need a hammer, you have to find someone who has an extra hammer and specifically wants cows. You might travel all across town with a cow in tow, searching for someone…
addiction, barter, Braiding Sweetgrass, Buterin, community, consumption, cryptocurrency, currency, Ethereum, Frank Bidard, gift economics, Hernan Diaz, hoarding, late fees, Magic the Gathering, monetary exchange, money, money versus barter, non-disclosure agreement, origin of money, overconsumption, Price of Crypto, promise, reparations, resource transfer, Robin Wall Kimmerer, social contract, social network, Third Hour of the Night, tragedy of the commons, Trevor Jackson, trust, Trust novel, vampire bats, wealth, Windigo, Windigo economics
Frank Brown Cloud 