The Node
UST Won't Be the End of Algorithmic Stablecoins
The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?

The Human Cost of Lunatic Hubris
Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.

Terra, Web 3 and Acceptable Risk in Innovation
Garbage Day newsletter author Ryan Broderick is skeptical about what comes after Web 2. There are challenges and opportunities ahead.

Do Kwon Is the Elizabeth Holmes of Crypto
If you promise investors something impossible, is it a crime?

Bitcoin Is Down, but You Don't Have to Be
Market conditions are not normal right now, but we can all act sane.

Dr. Doom’s Crypto Embrace? We’re All Just Figuring Things Out
Bitcoin skeptic Nouriel Roubini’s development of a digital currency with Dubai’s Atlas Capital is the latest evidence of an industry that is still evolving.

Why on Earth Would Land Be Scarce in the Metaverse?
With their “skeuomorphic” approach to real estate, Web 3 metaverse projects may have fallen into a trap of their own making.

Matt Taibbi, PayPal's Deplatforming and the Case for Crypto
The famed mag writer wrote a story about alt media financial censorship. Oh, how deep the story goes.

An Ape Ain’t Free: In Defense of Ethereum’s Fees
Pick your poison: low fees on a chain that could collapse when transaction demand outstrips blockspace (Solana), or unpredictable, sometimes very high fees on a stable chain (Ethereum).

