James Hennessy and Raph Dixon on the intersection of technology, business and culture.

This week, after a quick update on the rollercoaster at Instagram since our last episode, we discuss the golden-child of the blockchain: Helium. According to crypto-utopians (including, somehow, the New York Times) Helium provides an obvious use case for crypto outside of buying drugs and evading financial regulation. Unfortunately it might not quite be living up to the hype.

Links:

Maybe There’s a Use for Crypto After All – The New York Times

Web3 darling Helium has bragged about Lime being a client for years. Lime says it isn't true. – Mashable

I’m Regretting Mining Helium… – VoskCoin on YouTube

This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit downround.substack.com/subscribe

See omnystudio.com/listener for privacy information.