interview with Balaji Srinivasan
tags: crypto
“When you’re the only honest person in the room, maybe you should be in a different room.”
2.5h video about cryptocurrencies and NFTs
written version of a talk about cryptocurrencies
golden post by the founder of Signal
“The work remains free to the world while only the artist’s signature remains scarce. And, just as with art prints, it is only the artist’s promise not to mint more copies of a certain work that protects a buyer’s investment.”
“Let this whole horrible chapter of history convince you that money is fake, we can do anything with it we want, and that we do not want cryptoart.”
“[…] single NFT consumes roughly the same energy as an average European’s electricity consumption for more than a month. This single NFT has estimated carbon emissions equivalent to driving for 1000Km, or flying for 2 hours.”
“Love the master’s degree level art speak being flexed on some of these cryptoart descriptions, like ru really exploring the convergence of time & spatial repetition through the digital lens of hierarchical complexity, or did ya throw some cubes in a cloner next 2 a bald lady?”
Twitter thread
“imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin”
North and South Korea are very different circles of hell
“A revolutionary digital currency free of central banks, deposits, or stable concepts of ownership and value.”
use heat from a mining rig