The next crypto user may start outside exchangesFor most of crypto’s history, new users followed a fairly standard path. They signed up on an exchange, completed identity checks, learned how wallets worked, bought their first cryptocurrency and only then started exploring decentralized applications (DApps).It was rarely a smooth process.Wallet addresses often looked intimidating. Seed phrases confused beginners and gas fees were hard to understand. Even buying a small amount of Bitcoin could mean using several platforms and dealing with unfamiliar ideas.This process is slowly changing.Instead of starting on an exchange or wallet app, tomorrow’s users may begin with a simple…

This is part of 1776 All-Stars, a series about Reason’s favorite American Founders. Read more here. Joanna Andreasson I do not know my favorite Founder’s name. I just know that in 1788 a Baltimore newspaper published a series of pseudonymous essays where he warned against standing armies, called for a bill of rights, and declared, paraphrasing Jonathan Swift, that “laws are cobwebs, catching only the flies and letting the wasps escape.” See-sawing between fears of an aristocratic legislature and a tyrannical executive, he argued that we’d be best off with the highly decentralized democracy found in certain Swiss cantons. “If I am…

AI & Crypto

Read More

Politics

Don't Miss!