[marginalium]

The limits of cryptoeconomics

20 Feb 2023

View original source »


The limits of cryptoeconomics. Old, but this struck me following the FTX drama recently:

Any system which claims to be non-finance, but does not actually make an effort to prevent collusion, will eventually acquire the characteristics of finance


Anthologies: Betterment, Wealth Architecture, Absit Omnia, Accidental Civilisation, On Being Fruitful, On the Nature of Things

View on main site »