Crypto Critic(s), probably link fu
May. 30th, 2022 11:45 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
walkitouthttps://www.washingtonpost.com/technology/2022/05/29/molly-white-crypto/
Nice piece on Molly White (who I am probably about to go spend hours and hours reading her blog, which I had not previously known about), a Young Person who is wicked smart and very kind and compassionate and after spending time during the previous administration documenting the alt-right (after years spent documenting things like GamerGate — how did I not notice her there at least?), and has now moved onto crypto.
I’ve chosen to interpret the Bloomberg coverage of crypto as fairly heavily coded, but that might have been optimistic of me. Certainly, CNBC has been unwatchable by me for years because it was crypto all the time over there (which is a pity — I used to really enjoy CNBC during the late 1990s, but you know, I’m old).
My current unanswered question: if you take all the “$” value of crypto everything, and you imagine a sustained run / exit, how much value can be extracted from the ecosystem before total collapse. This is a question that _ought_ to have some kind of formula to answer it, but I don’t know what it might be. I’m sure that time is a variable, and number of users is a variable, but I don’t know what else would even go into it. This should be a specific application of a general theory, that would cover, I don’t know, the value of Sears stock or whatever.
Nice piece on Molly White (who I am probably about to go spend hours and hours reading her blog, which I had not previously known about), a Young Person who is wicked smart and very kind and compassionate and after spending time during the previous administration documenting the alt-right (after years spent documenting things like GamerGate — how did I not notice her there at least?), and has now moved onto crypto.
I’ve chosen to interpret the Bloomberg coverage of crypto as fairly heavily coded, but that might have been optimistic of me. Certainly, CNBC has been unwatchable by me for years because it was crypto all the time over there (which is a pity — I used to really enjoy CNBC during the late 1990s, but you know, I’m old).
My current unanswered question: if you take all the “$” value of crypto everything, and you imagine a sustained run / exit, how much value can be extracted from the ecosystem before total collapse. This is a question that _ought_ to have some kind of formula to answer it, but I don’t know what it might be. I’m sure that time is a variable, and number of users is a variable, but I don’t know what else would even go into it. This should be a specific application of a general theory, that would cover, I don’t know, the value of Sears stock or whatever.