Last week PayPal floated new terms to fight disinformation. How?
They’d deduct $2,500 from any customer account that promoted disinformation.
No court system. They decide.
This is why we need crypto.
Bankless or bust.
The stakes could not be higher.
They arrested the developer of tornado cash. 🚨
I repeat: a man was arrested for writing code that served as a public good for people to maintain their privacy online.
They put a man in jail because bad people used his open source code.
This cannot stand in any free society.
Theory #1 —
"Regenerative" resource consumption — a net-positive economy
In essence: this involves moving away from extractive resource use and enabling effective offsets. A circular economy and offsets *could* increase strength with the economy’s growth.
Resources:
The backlash #Discord is facing about flirting with #NFTs just goes to show how much more work the #Crypto community has ahead of it to kill the #FUD. #web3 is not the enemy, it is the future!
Half a billion dollars. That's how much Doug Ford is cutting from Ontario's students & schools. He is stealing from our children’s future to help buy a highway for his ultra-rich friends. #onpoli
More: https://t.co/4GCT9Oevyo
@DrewDrake@gdcpatrick@Celinchain @FroGrypto @AltcoinDailyio Those "better options" sacrifice decentralization & security to gain transaction throughput. Sounds like BoomerFi to me. Turns out when you remove the core value prop of blockchains - decentralization - you end up with the same broken system as before.
The biggest risk for web3/crypto is that it gets hijacked and we end up recreating web2 with the same old centralized gatekeepers.
The scary thing is that this can easily happen even if people are building with good intentions.
We need to fight to keep crypto decentralized.
Swap in “corruption resistance” when you hear “decentralization” and play it back…
“it’s corruption resistant enough”
“corruption resistance isn’t as important as UX”
“users don’t care about corruption resistance”
Do these sentences make sense now?
This is what we hear.