The Khan’s currency united all the stories about money because the Khan wielded all the coercive power. But the reverse is also true: He wielded all the coercive power because he united all the stories about money. Today, when we try to conjure one money to rule them all, we are implicitly seeking to concentrate coercive power in whomever holds that money. Yes, this is a … [Read more...] about The Radical Pluralism of Money
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The radical need for updating blockchain security protocols
Decentralized finance (DeFi) is here to stay with over $100 billion in total value locked (TVL), highlighting the evidence of faith in these new financial tools. This investment will continue to increase, but it appears that with each new record in TVL, there is another network attack being reported with astronomical losses.Crypto crime dropped 57% in 2020, but DeFi hacks … [Read more...] about The radical need for updating blockchain security protocols