I know artists who are exploring crypto as a new way to earn money from their work — something that is notoriously hard given the soulless priorities of our economy — but I can’t see it as anything other than a get-rich-quick scheme… or a pyramid scheme… some kind of a scheme (with all the negative connotations that word carries in the US). You might get rich — some people obviously have — but you probably won’t, and ultimately crypto is not going to solve any of our problems… but it’s already created some novel ones.

I’ve been following Molly White’s blog for a while now. I really like her approach and insights. While I personally have less than zero interest in getting into crypto, I’m somewhat fixated on it right now — how it’s changing, how its myriad flaws are gradually being revealed, and how people are misunderstanding what it really is, how it works, and how it’s impacting society and the planet. (But yes I will admit that any time I see someone is into it, my immediate assumption is they’re either an Ayn Rand acolyte or a chump.)

Speaking of Molly White, she also contributed to (and hosts) this group-annotated version of Kevin Roose’s ridiculously pro-crypto “explainer” article recently published by the New York Times. Essential reading on the topic. (The annotations that is, not the original article.)