The #crypto industry finally explained. - ADC - Medium

But even at this moment of peak scam, crypto stands out as especially scammy. There are some structural factors behind that. For one thing, crypto is complex — in fact, it’s doubly complex, because things like smart contracts can only be truly understood if you can read source-code and a prospectus, and most people understand neither.

Wework founder raises $70m for blockchain-based, “voluntary” carbon credits

Cory Doctorow

May 29, 2022

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The #crypto industry finally explained.

ADC

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