Tag: Consensus Magazine
Why Ex-SEC Official John Reed Stark Is Wrong About Crypto
In earlier eras, town criers would announce the latest news, a royal decree or warn the population of some threat. These figures were especially important at times of low literacy […]
How Crypto Advocacy Must Change Post-FTX Collapse
One key lesson of 2022 is that “money crypto” and “tech crypto” need to be treated differently. Money crypto in this context includes crypto-financial services such as custody, exchanges, market […]
Why Venture Capitalists Won’t Be Held Accountable for Investing in FTX
The list of FTX investors who in aggregate invested over $2 billion, and subsequently had to write it all off, spans an impressive “who’s who” of well-known investment firms, including […]
What’s Holding DAOs Back?
Sometimes, though, the high coordination and regulatory costs are simply worth paying. For example, important pieces of internet infrastructure that touch the lives of many ought to be decentralized. MakerDAO, […]
The NFT Community Could Forgive BAYC Founders’ Esoteric Interests
However, nowhere is a conceivable alt-right connection most evident as in the company’s name, Yuga Labs, a possible reference to the “Kali Yuga,” a core concept in historical fascism, and […]
Retraction: BAYC Founder Opinion Piece
Editor-in-Chief’s note (Jan. 31, 2023, 23:54 UTC): The column by a first-time external contributor was based on inflammatory, unsubstantiated conspiracy theories and as such never should have been published. Accordingly, […]
Initial Coin Offerings Deserve a Rethink
Furthermore, SEC regulation of ICOs should be viewed as protectionism over initial public offerings, or IPOs, in which an agency led by a former Goldman Sachs partner protects the IPO […]
Code vs. Values: The Crypto Twist on ‘Trust’
As the Edelman report suggests, “values” and “trust” are important – it just may turn out, however, that we don’t understand them as well as we thought, and that the […]
Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse
Individual artists are also deepening their fan bases with engaging experiments. Digital illustrator Yam Karkai and her co-founders created the World of Women NFTs (WoW), a collection that celebrates art, […]
The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
Take the problem of leverage, i.e., when people trade on margin, or borrowing money they have to pay back. Without going into detail, the math behind leverage is such that […]