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The succinct term you want is "anti-fragility". Cryptocurrency networks have anti-fragile properties, the same kinds that allow the Internet to be an unworkable
by syntheweave 4y ago
The succinct term you want is "anti-fragility". Cryptocurrency networks have anti-fragile properties, the same kinds that allow the Internet to be an unworkable mess that nonetheless serves billions.
And you're absolutely right. Bad actors use crypto to go to war with each other; the winner is always crypto. This time, with the FTX scandal, it's gone to places as high as the US Democratic Party. And you would think, "so now they'll just ban it." But it was designed to resist that; furthermore, when you are in the midst of a power struggle, which every government is, crypto is a loaded gun to scramble for - a way to avoid getting freezed out or silenced. The resulting internal dissent has helped to make crypto bans ineffectual everywhere they've been tried, globally.