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Dec 08, 2022
acx
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24 min 3,632 words 897 comments 331 likes podcast (23 min)
Scott Alexander argues for a nuanced view of cryptocurrency, highlighting its legitimate uses and potential benefits despite common criticisms. Longer summary
Scott Alexander explains why he is 'less than infinitely hostile' to cryptocurrency, despite widespread criticism. He argues that crypto has clear use cases in countries with weak banking systems, that major crypto projects are rarely outright scams, and that crypto provides valuable insurance against authoritarianism by enabling financial transactions when governments try to restrict them. Scott also contends that while the crypto financial system may be inferior to traditional finance in many ways, its decentralized nature gives it unique advantages. He concludes by suggesting that crypto's potential utility shouldn't be dismissed, even if one doesn't personally need it. Shorter summary
Jan 18, 2018
ssc
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15 min 2,307 words 519 comments podcast (17 min)
Scott Alexander reviews Luna, a blockchain-based dating platform, discussing its novel features and expressing cautious optimism about its potential, while questioning the necessity of blockchain for its functions. Longer summary
Scott Alexander reviews Luna, a blockchain-based dating platform. He discusses its novel features like using cryptocurrency to allocate user attention, incentive alignment for successful matches, and machine learning for better matchmaking. While intrigued by some aspects, he questions the necessity of blockchain technology for the platform. The post explores the potential benefits and pitfalls of such a system, comparing it to existing dating sites and discussing its economic model. Scott expresses hope that Luna isn't a scam, seeing it as potentially representing the best of Silicon Valley innovation if genuine. Shorter summary
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