> I still have an iPhone, which came out 13 years ago - blockchain also came out 13 years ago. The iPhone has changed the world in that time, but crypto has not

> I still have an iPhone, which came out 13 years ago - blockchain also came out 13 years ago. The iPhone has changed the world in that time, but crypto has not. It has searched for a use case and the one use case it’s really found is extortion. The computer science behind cryptocurrencies and decentralized ledgers and ownership blockchains are all interesting and cool to think about. But outside of computer science, on the social and economic plane, all of this is a pile of shit.