We don't think it will, but here are the best arguments we came across of why cryptocurrencies will fail.
In Episode #304 of 'Musings' Juan and I discuss: the reason for searching out arguments that go against our beliefs, a series of podcast/video recommendations with great pointers in the negative category, comments from our listeners about why they don't like crypto, why too much emphasis on the monetary aspect and not enough personal responsibility would be red flags for us, and our ultimate thoughts on why these tradeoffs aren't enough to kill everything.
As always, we hope you enjoy. Mere Mortals out!
Timeline:
(0:00) - S.O.N.G & We'll Take Care Of Your Crypto
(1:06) - Why Was I Looking At Anti-Crypto Arguments
(4:41) - Debating Crypto: Katie Haun vs. Paul Krugman
(9:20) - Critiquing Bitcoin with Frances Coppola & Nic Carter
(10:40) - Store of Value vs Peer To Peer Payments
(18:03) - The PoW vs. PoS Debate | Lyn Alden & Justin Drake
(19:12) - Chat Comments
(30:00) - 120 - Marc Andreessen & Chris Dixon of a16z | Reinventing the Internet
(32:16) - Boostagram Lounge
(33:22) - Sad Puppies Everywhere
(34:52) - How Do Cryptocurrencies Fail?
(41:49) - Different Ways Of Handling Money
(45:52) - Crypto Without The Money
(52:12) - Final Thoughts & Comments
(53:30) - Hoard Your Electrons!
Referenced Videos:
Debating Crypto: Katie Haun vs. Paul Krugman: https://www.youtube.com/watch?v=gOXYbmKRTsQ
Critiquing Bitcoin with Frances Coppola & Nic Carter: https://www.youtube.com/watch?v=hy8JhNgU8eI
The PoW vs. PoS Debate | Lyn Alden & Justin Drake: https://www.youtube.com/watch?v=1m12zgJ42dI
Bankless #120 - Marc Andreessen & Chris Dixon of a16z | Reinventing the Internet: https://www.youtube.com/watch?v=RXHITeaGB8Q
Line Goes Up – The Problem With NFTs: https://www.youtube.com/watch?v=YQ_xWvX1n9g
Connect with Mere Mortals:
Website: https://www.meremortalspodcast.com/
Discord: https://discord.gg/jjfq9eGReU
Instagram: https://www.instagram.com/meremortalspodcast/