Crypto Is Peak Silicon Valley

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Nov 11, 2022
#Economics #Cryptocurrency

Allen Farrington

@AllenFarrington

(Author)

Read on allenfarrington.medium.com

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… and Silicon Valley has sadly become peak fiat photo by Greg Bulla, via Unsplash Among all the chortling over the demise of FTX, one hilariously timed document stands out: Sequoi... Show More

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Knut Svanholm @knutsvanholm · Nov 11, 2022

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Brilliant piece, Allen!

Jeff Booth @JeffBooth · Nov 13, 2022

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Great article and great seeing you this week @allenf32

Tuur Demeester @TuurDemeester · Nov 11, 2022

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Great piece by @allenf32, who argues that Silicon Valley doesn't "get" bitcoin because it is itself the nexus of fiat culture, with a myopic focus on 1) yield chasing, 2) dematerialization, and 3) monopolization of access.

Giacomo Zucco @giacomozucco · Nov 11, 2022

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"Crypto" is peak Silicon Valley. And Silicon Valley is peak Fiat. Great article by @allenf32, must read.