…and just like that, 2019 is off to the races.
the much-buzzed privacy-centric coin has fair launched with an estimated $100m
going into VC-backed mining operations.
Happy Long Reads
Long Reads Sunday #30. Grin goes live; Ethereum Constantinople delays; Wyoming leading the regulatory pack; 2019 as the year of the DAO?; hostile takeovers as a business model and, of course, lightning. 2019 is revving up so getchyer coffee & biscuits ready, it’s long reads time. /1
2/ Let’s start with something great. Crypto is demonstrating the rising global competition b/n states & nations for citizenship/revenue. In the US, Wyoming is showing leadership around crypto legal clarity. Big announcement explained by @CaitlinLong_ https://twitter.com/CaitlinLong_/status/1086367321738731520
5/ Not everyone in DC has stopped working though. Check out @neerajKA’s recap of demonstrating the Lightning network in Congress in the first of what is a planned series of 2019 briefings to be held by the Congressional Blockchain Caucus https://twitter.com/coincenter/status/1086354266544095232
8/ Lightning is already a pretty good counterpoint to those saying Bitcoin’s SoV use case doesn’t fulfill Satoshi’s vision, but for the hold outs, Bitcoin historian @danheld has 47 tweets for ya on why SoV was always the primary intention https://twitter.com/danheld/status/1084848063947071488
9/ One of the key questions around digital currencies is which properties of money come first. @KyleSamani provoked some good conversation arguing that the fact that money already exists means replacing a failing Unit of Account may be more important initially than a new SoV https://twitter.com/kylesamani/status/1085598397116108802
13/ One more interesting observation around Grin came from @DoveyWan, who noticed that some exchanges started trading before it was even minted, and pointed out that it represents a larger problem of effectively printing BTC https://twitter.com/DoveyWan/status/1086122797988864000
17/ There was also a bit o’ conversation stirred up by @prestonjbyrne with this post arguing that a number of factors made him wonder about how effectively centralized Ethereum is. As long as “decentralization” is bandied about as a possible legal standard, we’re going to have convos like this https://prestonbyrne.com/2019/01/18/ethereum-is-arguably-centralized/
19/ Just a few more great threads and essays to share before we wrap. @scalarcapital @jcliff42 tries to break away from price thinking with a recap of 5 technology advancements from last year that have him excited for what’s to come https://twitter.com/jcliff42/status/1085648417110413312
21/ I really liked this thread by @ercwl about why crypto will find its best and most native expression with kids, who are both well-suited to aspects of crypto culture and who don’t bring expectation baggage with them https://twitter.com/ercwl/status/1085160527813328896
23/ @SarahJamieLewis wrote a characteristically thoughtful and passionate thread about the perils of technologists trying to prescribe how their technologies are to be used. “Abstinence & Prohibition are the two least effective strategies…for minimizing harm” https://twitter.com/sarahjamielewis/status/1085932069547532288
31/ And that’s a wrap! Get LRS via email getrevue.co/profile/nlw
and, as always, let me know what you thought was great and what I missed. Happy Long Reads!