Andrés Arauz on CDBCs and Sovereignty
"The sellers of NFTs and innovative cryptocurrencies will probably keep succeeding until the underlying policy decision is to continue throwing money at the system."
"The sellers of NFTs and innovative cryptocurrencies will probably keep succeeding until the underlying policy decision is to continue throwing money at the system."
"Offering a technological alternative to institutions, the DAO seems to finally fulfill the cybernetic dream of a posthuman economy, but the crucial question is whether we’re in fact dealing with institutions here."
"The idea that decentralization of infrastructure equals decentralization of power is a trap that became evident to many around 2013-2014, when net politics and networked activism was at its strongest in Europe."
"DeFi and ReFi cannot ever make a long term difference in cutting the cost of financial intermediation unless they actually synthesise trust. But trust is inherently entangled with the human condition and human agency."
"Tech bros are seeking out populations suffering from climate disasters, debt and war to experiment and incubate new crypto ideas."