I'm somewhat outrageously bullish on cryptocurrency, but still lovingly refer to it as 'fake internet money'.
Any useful case with ledgers being used in anti-censorship communication can be criminalized by the SEC.
Way around this is not use cryptocurrency. Use decentralized protocols like Nostr instead and the SEC can’t make up some bullshit to stop you.
Sergey Nazarov's interview on Lex Fridman lays out some uses for smart contracts if you are actually interested in it.
Oh wow I bet this is going to be an excellent, well reasoned explanation based on a deep understanding that the author has of the underlying technology, applications, and motivations:
>Except for this time they want to wrestle control of money from the state and distribute it to private enterprises.
>we would then have to go to the likes of plutocrats like Jeff Bezos and crypto exchange CEOs to make the final call about foreign policy.
This article is absolute nonsense written by somebody who either has absolutely no understanding of this technology or its application, or is just willfully lying about it.
Here's the author's twitter: https://twitter.com/smdiehl