Crypto will go to zero. The US just ended DeFi. ETFs nuked Grayscale. Soon all Web3 companies (including Uniswap, AAVE, Curve, OpenSea) will be banning US citizens. There is no use case. As value crashes, network security drops, reducing more value.
Deathspiral.
My biggest side project over the past year has been working on a book about the history of monetary technologies and the current technological shortcomings of the global monetary system.
It's coming out soon. When I have a firm date available I'll let you know.
Custodial financial services allow governments to freeze accounts first, and then sort out who is guilty or innocent later.
Self-custodial financial services force governments to actually charge people with a crime before they can use pressure to freeze their accounts.
1/ There are no other constitutional rights in substance without freedom to transact
Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.