This month I'm diving headfirst into the Web3 rabbithole. The phenomenon has always intrigued me, but the complexity of Blockchain Technology and cryptocurrency is compounded when financial and political forces are part of the equation. The results of the recent Salvadoran election are only one example of how general ignorance doesn't result in evidence based faith. From the cryptocurrency advocate's perspective, Bitcoin should be a financially liberating and unregulated currency, but it has failed to do what is universally promised to all countries where Bitcoin isn't currently implemented as national currency.

Tether and FTX also functioned as harrowing examples of empty or false promises. I predict that there will be many celebrities promoting NFTs during the Superbowl.

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Updated on Fri, 05 Apr 2024 22:05:01 GMT, built by HAL with love.