Is the music industry’s future on the blockchain?

One big knock on cryptocurrencies is that they’re a technology in search of a problem. Venture capitalists want to put everything on the blockchain and generate big returns, but why not just use a database instead? To skeptics, everything else in the space looks like noise — a bunch of grifters and try-hards changing their Twitter profile pictures to pixelated punks and apes in an effort to eventually flip those NFTs to a greater fool.

But even as my mentions and direct messages fill up with readers fulminating about crypto — last week, after this piece, a paid subscriber wrote to me telling me he hopes that I die!

→ Continue reading at The Verge

Similar Articles

Advertisment

Most Popular

In Buffalo, Waiting for the Canadians

So far, relaxed travel restrictions between the United States and Canada have not led to a big influx of tourists on either side of...

Niantic and a crypto debit card company made an AR game where you earn Bitcoin

Have you ever played Pokémon Go and thought “I wish this game let you earn small amounts of Bitcoin by engaging with internet finance...

How Jared Leto Used Prosthetics to Become a Balding Fashion Scion in ‘House of Gucci’

From the moment the “House of Gucci” trailer was released, Jared Leto’s transformation from svelte, long-haired actor to pudgy, balding fashion designer Paolo Gucci...