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    • ctwardy2 weeks ago

      I regard cryptocurrency as "broken by design" and "harmful if used as intended”. Snowden’s piece makes a positive case, though I think it amounts to "world is already broken”. One can at least understand his point of view.

    • bartadamley
      Reading streakScout
      3 weeks ago

      Such an informative piece on what cryptocurrencies are. Highly recommend this piece, as it seems we are at the very beginning of the blockchain being implemented on a "mainstream" level.

      the hard truth is that the only thing that gives cryptocurrencies value is the belief of a large population in their usefulness as a means of exchange.

      This is the type of article, that makes me ponder if I should go down a rabbit hole to understand the history of money.. in the first place.

    • DellwoodBarker
      Top reader this weekScribe
      3 weeks ago

      Excellent. A++++++

      We Need Snowden Level Professors Everywhere.

      Great Educator Abilities.

    • Florian
      Reading streak
      3 weeks ago

      That’s really well explained

    • Raven
      Scout
      3 weeks ago

      Thanks for the scouting on this one. Snowden must be one of the most thoughtful people. being in a limbo with no real future plans to make. I respect what sacrifices he has made by standing on his soapbox and saying what is needed to be heard.

    • deephdave
      Top reader this weekReading streakScout
      4 weeks ago

      The real question is not “what is a blockchain,” but “how can it be used?” And that gets back to what we started on: trust. We live in a world where everyone is lying about everything, with even ordinary teens on Instagram agonizing over how best to project a lifestyle they don’t actually have. People get different search results for the same query. Everything requires trust; at the same time nothing deserves it.