"Lyn Alden captured this well in her excellent piece, An Economic Analysis of Ethereum, which we highly recommend in addition to our own. Similarly observing that there does seem to be a lot of “financial” activity on Ethereum, specifically: it’s what you would build if you were trying to replicate finance just by looking at it but not really understanding what the point of it all was"

Listen to Part 1 if you haven't yet! https://traffic.megaphone.fm/CSN7556187630.mp3?updated=1632359979

Today we continue our journey through the incredible piece from Allen Farrington & Big Al, "Only the Strong Survive." Today we dive deep into the logical reasons why "Crypto" is not actually finance, and what the fundamental errors are made in the investment rationale. Part 3 is on the way, so don't forget to subscribe!

Follow Allen and Big Al for some top notch twitter experience and tons of other great work. Find more of their writing by exploring the audio library at BitcoinAudible.com

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