Happy Thanksgiving to everyone, including the haters

I didn’t realize just how much some people despise the very idea of the blockchain and web3. Luckily, twitter is a great tool for finding exactly the people who hate your ideas the most.

There are a bunch of arguments against web3, most of which--I think--are rooted in a circa 2010 understanding of the tech or are focused, solely, on a handful of extreme use cases. It’s just a pyramid scheme, or a money laundering tool, or a general scam! (The answer, I think, is: it is all those things, but not just those things.)

There is one complaint about web3 that is surprisingly persistent and which I’ve become a bit obsessed with: what problems does it solve?

“Never buy Bitcoin”

My public introduction to crypto: going on the Colbert Report and saying nobody should buy Bitcoin

The easiest thing is to mock me.

I went on The Colbert Report on April 17, 2013, and said--quite confidently and emphatically--that nobody should ever buy Bitcoin. You can watch me say it here.