Long Reads Sunday #77 - 2019 Week by Week. This is the final recap of a year that saw IEOs, SEC action, Libra, gov’t digital currency efforts, DeFi, and so much more. Let’s take a trip back through LRS world.
A note on reading this: each week, I’ll post the week and LRS # along with a few words on the vibe or key events of the week, plus the highlight content. The content was chosen based on how clicked it was + my personal bias!
[LRS29 - Jan 13] Yellow Vest protests raged across France, setting the scene for a year characterized by dissent. That said, it was an analysis of a 51% attack on Ethereum Classic by @hosseeb that stood out as the week’s top content https://twitter.com/hosseeb/status/1082815549132816384
[LRS30 - Jan 20th] One of the most buzzed about launches of 2019 was Grin with their no presale, no premine “fair launch.” @wheatpond wrote about the launch in his Proof of Work newsletter https://proofofwork.news/p/proof-of-work-51
[LRS32 - Feb 3] February kicked off with some debates about tribalism and other heady thoughts. No piece, however, saw more discussion than the thought experiment from @lrettig on “if ETH has failed in 5 years, why?” https://twitter.com/lrettig/status/1090086660690374656
[LRS39 - March 24] This week we saw another one of the big narrative trends of the early part of the year: IEOs. @lawmaster wrote up his reflections on a week in Asia on a topic he would come back to regularly throughout 2019 https://twitter.com/lawmaster/status/1108357670145327106
[LRS49 - June 2] Oh god, this was the beginning of “Defend Crypto,” a weird, slightly solipsistic, definitely opportunistic campaign. In another dimension entirely, @jessewldn flagged a theme I expect to see more of in 2020: DAOs https://twitter.com/jessewldn/status/1133406021123158016
[LRS67 - October 6] In some of the biggest regulatory news of the year, the SEC announced that it had settled with Block One over their $4B year-long ICO. As we had come to expected, @katherineykwu was there with the annotation within hours https://twitter.com/katherineykwu/status/1178872082089816064
[LRS68 - October 13] Libra was back in the news, and not at all in the way they would have liked, as most of the major financial institutions vacated the Libra Association. Nick Szabo’s back and forth with @davidmarcus was fascinating https://twitter.com/NickSzabo4/status/1182776582932332544
I’m highlighting that point because I think it’s an important conversation that just gets higher and higher stakes the more these big financial institutions get involved with bitcoin.
I’d also like to especially call out @DoveyWan right here. If Libra got the world engine revved, China’s response to Libra really raised the stakes on digital currencies.
As that has happened, @DoveyWan has been the go-to translator - both metaphorically and literally - as crypto Twitter tries to understand the China context of digital currencies.