Finance writer Matt Levine has written a guide for crypto that encompasses an entire issue of Bloomberg Businessweek. What follows is his brilliant explanation of what this maddening, often absurd, and always fascinating technology means, where it might go, and why it still matters.
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The crypto story
If the world is increasingly software and advertising and online social networking and, good Lord, the metaverse, then the crypto financial system doesn’t have to build all the way back down to the real world to be valuable. The world can come to crypto.
